Evergreen Fund
Noun · Startup & VC
Definitions
An investment fund without a fixed end date, allowing capital to stay deployed and recycled over longer periods instead of following a standard fund lifecycle. Evergreen funds can be structurally more patient than traditional venture vehicles.
In plain English: An investment fund that does not have a fixed expiration date.
Example: "The startup preferred an evergreen fund investor because the timeline did not match a normal VC cycle."