Sam Yagan’s Corazon Capital Closes $40m Fund After Hiring Former Tinder CMO

Sam Yagan’s VC firm Corazon Capital has just closed a $40m fund.

The firm’s second fund, after raising $13m in 2014, comes after the Chicago venture capital firm recently led a $5.9m Series A round in food delivery service Foodsby.

Corazon Capital had raised $37m as of October 2016, according to SEC filings, and has now closed the full fund.

The VC fund was founded in 2014 by OkCupid co-founder and former Match Group CEO Sam Yagan and former Norwest Equity Partners General Partner Steve Farsht.

Fellow OkCupid co-founders Christian Rudder, Chris Coyne and Max Krohn are also all Venture Partners at the VC firm.

The Chicago-based fund aims to bring a “coastal approach” to seed and Series A investing.

It has so far invested in companies like Knock, Opternative, Man Crates, Keybase and Foodsby.

The firm recently hired former Tinder CMO Phil Schwarz as a Principle, after two years leading marketing efforts at the Match Group-owned app.