Warby Parker Co-Founder Launching Growth Equity Firm

1 min read
This story originally appeared on Fortune Magazine

Andy Hunt and Jeremiah Daly have stepped down as partners with Highland Capital Partners, in order to launch their own growth equity firm, Fortune has learned.

Hunt is a co-founder and director with eyeglass upstart Warby Parker, and joined HCP back in 2011. He currently serves on the board of Scopely, and has been involved with such HCP portfolio companies as Gemvara, Harry’s and SessionM.

Daly joined HCP in early 2012 as a principal, after having spent three years with Accel Partners. He was promoted to partner the following year, and serves on the board of Malwarebytes.

News of Hunt and Daly’s pending departure first came earlier today in a letter sent to HCP’s limited partners. It was confirmed by HCP partner Sean Dalton in a phone call with Fortune. Both of their board seats are expected to be filled by other HCP staffers.

Neither Hunt nor Daily has yet responded to requests for comment.

In other HCP news, longtime chief financial officer Kathy Barry is expected to transition into an advisory role this May, while director of finance Jessica Pelletier will be promoted to senior vice president of finance.

More from Entrepreneur
Entrepreneur Select: A Fund For Entrepreneurs, By Entrepreneurs

Entrepreneurs require more than just money, which is why we aim to empower you, as well as act as a catalyst for value creation.

Book Sale - Save 60%!


Through 6/20/21, save on our collection of recommended side hustle and Start Your Own books, including:

  • Start Your Own eBay Business
  • Start Your Own Business
  • Start Your Own Etsy Business
  • And more

Use code SIDEHUSTLE2021 to claim your savings!

Make sure you’re covered for physical injuries or property damage that occur at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business

Latest on Entrepreneur