Neythri Futures Fund
Neythri Futures Fund is a 2021 US venture capital fund that raised $10M from 247 mostly South Asian women LPs to invest $50K-$500K checks in female-founded and diverse-team US tech startups from late-seed through pre-IPO.
- Company typePrivate
- Founded2021
- HeadquartersLos Gatos, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Neythri Futures Fund does
Neythri Futures Fund is a US-based venture capital fund founded in 2021 and headquartered in Los Gatos, California, structured as a historic-first vehicle positioning South Asian women as key investors and stakeholders. The fund's sole product, Neythri Futures Fund I, is a $10 million closed-end venture fund formed under SEC Section 3(c)(1) regulations, allowing up to 249 investors. It invests $50,000-$500,000 checks across 20-25 portfolio companies on a stage-agnostic basis from late-seed through pre-IPO, targeting US-based tech and tech-enabled companies led by women or diverse founding teams building solutions for a global market. As of the October 2021 close, the fund had disclosed investments across at least 10 verticals including multi-cloud SaaS (Vendia, Webscale), search (Neeva), sales technology (Setsail, CloseFactor), fintech infrastructure (Orum, Synctera, Cacheflow), blockchain (Alchemy), developer tools (Apollo GraphQL, DevRev), retail technology (AiFi), data infrastructure (Revefi, Immersa, Inventive), HR (Creatively), benefits infrastructure (Noyo), cybersecurity (Anvilogic), healthcare (Rupa Health), Web3 (Virtualness), and luxury retail (Olivela).
The fund's business model follows standard venture capital economics: a 2% annual management fee charged for 10 years to cover operating expenses, and 20% carried interest (performance fee) realized only after capital is returned to LPs. Capital was raised through a community-driven go-to-market motion targeting accredited investors (net worth $1M+ or annual income $200K+), ultimately drawing 247 limited partners with over 98% individuals, 90% South Asian women, and 60% first-time venture capital investors. The fund was over-subscribed within 6 months, materially faster than the 18-month industry norm. Distribution is bilateral: LPs engage directly via email outreach ([email protected]), while founders are sourced through referrals from the LP network, the broader Neythri.org community of 1,800+ South Asian professional women, and a public founder submission portal.
The fund operates as a sister organization to Neythri.org, a 501c3 nonprofit co-founded by the fund's principals, and is supported by a Fund Advisory Council of 25+ senior South Asian women operators across Product, GTM, Growth, Finance, and Technology. Mythili Sankaran serves as Founding Managing Partner; the broader team includes an Investment Committee member (Roli Saxena), Investor Relations lead (Vinay Ramesh), and Chief of Staff (Asmi Shah). Headcount is reported at 1-10, consistent with a lean emerging-manager operating model. The fund has no proprietary technology platform; its competitive differentiation rests on community, brand positioning, and operator network rather than technology infrastructure.
Neythri Futures Fund firmographics
Firmographics- Name
- Neythri Futures Fund
- Legal name
- Neythri Futures Fund I
- Website
- https://neythrifuturesfund.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Neythri Futures Fund is a 2021 US venture capital fund that raised $10M from 247 mostly South Asian women LPs to invest $50K-$500K checks in female-founded and diverse-team US tech startups from late-seed through pre-IPO.
- Ownership category
- akta.pro rank
Neythri Futures Fund industry classification
Industry- Product category
- Venture Capital Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Micro-PE / Lower Middle Market ETA Funds (FSANALAG)
Keywords
Where Neythri Futures Fund is headquartered
LocationHeadquarters
- HQ city
- Los Gatos
- HQ country
- United States
- HQ region
- North America
Markets served
Neythri Futures Fund business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Management Fees: Annual 2% management fee charged for 10 years to cover operating expenses.
- Carried Interest (Performance Fee): 20% performance fee charged once the fund is returned to investors (standard VC carried interest structure).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Accredited investor minimum investment - typical VC structure |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Neythri Futures Fund product offering
Product offeringCore offering
Neythri Futures Fund I is a $10M venture capital fund that invests in female founders and diverse founding teams building tech-enabled solutions for the global market. The fund writes checks of $50K–$500K at late-seed through pre-IPO stages and targets 20–25 portfolio companies. It operates under standard VC economics with a 2% annual management fee and 20% carried interest, raising capital from accredited individual LPs.
Product overview
Neythri Futures Fund I is a single venture capital fund structured as a traditional venture fund with a 2% management fee and 20% performance fee. The fund targets South Asian women as Limited Partners (with 90% South Asian women LPs) and invests in female founders and diverse teams building tech-enabled solutions. Investment check sizes range from $50K to $500K across 20-25 portfolio companies, stage-agnostic from late-seed through pre-IPO.
Differentiator
Problem solved
Functional benefit
Products and services
- Neythri Futures Fund I A historic first venture capital fund that positions South Asian women front and center as key investors and stakeholders. The $10M fund invests in the next generation of female founders and diverse founding teams building innovative tech-enabled solutions for the global market, with check sizes of $50K-$500K at late-seed through pre-IPO stages.
Quantifiable outcome
- Fund was over-subscribed within 6 months (vs typical 18 months for VC funds)
- +3 more outcomes
Companies that use Neythri Futures Fund
Customer profileNamed customers21 records
Segments3 records
Ideal customer profiles2 records
Neythri Futures Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Neythri Futures Fund partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Neythri.orgcoreNeythri Futures Fund is a sister organization to Neythri.org, a 501c3 nonprofit with 1800+ members. The fund taps into the talented base of South Asian female leaders represented in the Neythri community. Co-founders Chitra Nayak and Sruthi Ramaswami co-founded Neythri.org.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Neythri Futures Fund competitors and assessment
Company assessmentDirect peers
- Backstage Capital: Backstage Capital is a venture fund focused on investing in underrepresented founders, including women, people of color, and LGBTQ+ founders. Directly comparable to Neythri Futures Fund as a community-driven, diversity-focused VC fund with a mission-driven LP base.
- Female Founders Fund: Female Founders Fund is an early-stage venture fund focused on female-founded companies across sectors including consumer, enterprise, and fintech. Directly comparable as a thesis-driven fund investing in female founders with check sizes in the early-stage range.
- Halogen Ventures: Halogen Ventures is an early-stage venture fund focused on Black and multicultural founders, with a community of operators supporting portfolio companies. Directly comparable as a diversity-focused, community-driven fund with a thesis around underrepresentation in tech.
- BBG Ventures: BBG Ventures is an early-stage venture fund investing in female and diverse founders building consumer and enterprise companies. Directly comparable to Neythri Futures Fund as a thesis-driven, diversity-focused VC fund targeting underrepresented founders.
- Kapor Capital: Kapor Capital is a venture fund focused on closing gaps of access, opportunity, and outcome for underrepresented communities, investing in tech-enabled startups. Directly comparable as a diversity-focused VC fund with mission alignment around closing representation gaps.
- New Voices Fund: New Voices Fund is an early-stage venture fund investing in women of color entrepreneurs building scalable businesses. Directly comparable to Neythri Futures Fund as a fund specifically focused on underrepresented women founders with strong community ties.
- Emmeline Ventures: Emmeline Ventures is an early-stage venture fund investing in female founders building transformative companies across sectors. Directly comparable as a fund focused on female founders with similar check size and stage range.
- Chingona Ventures: Chingona Ventures is a venture fund investing in exceptional founders from overlooked backgrounds, with a particular focus on Latina and underrepresented women founders. Directly comparable as a community-driven, diversity-focused fund with strong LP engagement.
Broad incumbents
- SoftBank Opportunity Fund: SoftBank Opportunity Fund is a growth-stage fund focused on investing in companies led by founders of color and women, particularly Black, Latinx, and Native American founders. Comparable as a larger, established diversity-focused fund operating at later stages than Neythri Futures Fund.
- Forerunner: Forerunner is a venture capital firm focused on consumer brands and experiences, with a thesis around understanding modern consumers. Comparable as an established early-stage VC fund with similar sector breadth but less focused on the diversity thesis central to Neythri Futures Fund.
Market position
Strengths2 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Neythri Futures Fund social profiles
Digital presenceNeythri Futures Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neythri Futures Fund leadership team
Management profileNumber of profiles
Profiles4 records
Neythri Futures Fund funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neythri Futures Fund M&A and investment
M&A and investmentM&A
Investments12 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Neythri Futures Fund
What does Neythri Futures Fund do?
Neythri Futures Fund I is a $10M venture capital fund that invests in female founders and diverse founding teams building tech-enabled solutions for the global market. The fund writes checks of $50K–$500K at late-seed through pre-IPO stages and targets 20–25 portfolio companies. It operates under standard VC economics with a 2% annual management fee and 20% carried interest, raising capital from accredited individual LPs.
Is Neythri Futures Fund a public or private company?
Neythri Futures Fund is a private company. It is classified as unknown and is currently operating.
When was Neythri Futures Fund founded?
Neythri Futures Fund was founded in 2021. It employs 1 to 10 people.
Where is Neythri Futures Fund based?
Neythri Futures Fund is headquartered in Los Gatos, United States, in the North America region.
How does Neythri Futures Fund make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest (Performance Fee).
Who are Neythri Futures Fund's main competitors?
Direct peers on record are Backstage Capital, Female Founders Fund, Halogen Ventures, BBG Ventures, Kapor Capital, New Voices Fund, Emmeline Ventures and Chingona Ventures. Broad incumbents are SoftBank Opportunity Fund and Forerunner.
Does Neythri Futures Fund have an API?
No public API is recorded for Neythri Futures Fund.
What industry is Neythri Futures Fund in?
Neythri Futures Fund's product category is Venture Capital Fund Management. Its primary akta.pro industry code is FSANALAG, Micro-PE / Lower Middle Market ETA Funds. Its NAICS code is 523940 and its SIC code is 6282.