Together Fund, a venture capital firm specializing in Software as a Service (SaaS) startups, has recently launched its second fund with a whopping USD 150 million target corpus. Fund II has already completed its first close and is now actively seeking to invest in promising seed and Series A stage SaaS startups, offering funding between USD 1 million and USD 5 million.
This exciting development follows the success of Fund I, which was initiated back in 2021 with a generous corpus of USD 85 million, aimed at nurturing and scaling global SaaS startups.
Established in Mauritius in 2021 by Girish Mathrubootham, the CEO and founder of Freshworks (a Nasdaq-listed company), and Manav Garg, CEO of Eka Software, Together Fund has made significant investments in over 20 pioneering teams. Their investments span across a diverse range of SaaS applications, including recruitment, sales intelligence, marketing, and vertical SaaS companies in healthcare. Moreover, they are actively supporting innovative companies that are creating new categories like cloud for connected devices.
The portfolio of Together Fund reflects a rich blend of entrepreneurs, ranging from talented first-time founders to seasoned industry veterans. Among the impressive companies in their portfolio are DhiWise, SpendFlo, SecureDen, and TopLyne. These remarkable startups are set to make a lasting impact in the world of SaaS.