SAN FRANCISCO, April 10, 2019-- Defy Partners announces the close of their $262 million oversubscribed second fund. The focus of the firm remains the same, recognizing the relative scarcity of capital around the early series A with many of the traditional firms investing more capital at later stages. The strategy of the firm is to lead investments where it commits $3-10 million in initial financing for real ownership while reserving significant capital for follow-on financing.