Together

What Together does

Together Fund (legal entity: Together Advisors LLP) is an India-domiciled, operator-led venture capital firm founded in July 2021 by Girish Mathrubootham (founder of Freshworks, Nasdaq: FRSH), Manav Garg (founder of Eka Software, acquired by STG), and Shubham Gupta (formerly at Matrix Partners India). The firm invests exclusively in early-stage AI-native startups at Seed and Series A, writing initial checks of $1M-$10M, with a stated focus on the US-India corridor supported by offices in Bangalore (headquarters), Palo Alto, and Chennai.

The firm operates a core product (the Funds) and a programmatic offering, SwarmSpace, which combines a community, a 12-week AI Studio, and a research lab for AI builders. SwarmSpace provides selected startups with up to $1M in flexible equity funding and up to $600K in AI provider credits, alongside mentorship from the firm's 150+ founder and operator network. Together Fund does not develop proprietary technology; its value proposition is operator-led capital and operational support across product strategy, go-to-market, hiring, and scaling.

The firm's revenue model is conventional VC fund economics: it earns management fees (typically 2% of AUM) on its $200M+ in assets and participates in portfolio company exits via equity. As of 2025, the firm has invested in 35+ portfolio companies across Applied AI, AI Infrastructure/Tools, Healthcare AI, Consumer AI, and AI Services, with stated follow-on funding rates above 40% of portfolio companies.

Name

Together

Legal name

Together Advisors LLP

Website

https://together.fund

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Together Fund is an India-based, operator-led venture capital firm that invests $1M-$10M in early-stage AI-native startups at Seed and Series A across the US-India corridor, backed by a 150+ founder network and a SwarmSpace AI Studio program.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

All Other Financial Investment Activities (52399), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Venture capital fund
• AI startup investing
• Seed stage funding
• Series A investment
• Startup accelerator program

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Returns: Together Fund generates returns through equity investments in early-stage AI startups. They write initial checks of $1M-$10M at Seed and Series A stages. Returns are realized through portfolio company exits via acquisitions or IPOs.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels8 records

Core offering

Together Fund is an operator-led, AI-first venture capital firm that invests $1M-$10M in early-stage AI-native startups at Seed and Series A stages across the US-India corridor. Beyond capital, the firm provides hands-on operational support in product strategy, go-to-market planning, hiring, and scaling, supplemented by its SwarmSpace community, AI Studio, and Research Lab program that offers selected startups up to $1M in flexible equity funding, up to $600K in AI-provider credits, mentorship, and office space in Bangalore and Palo Alto.

Product overview

Together Fund is a venture capital firm, not a product company. The firm operates as an operator-led, AI-first VC fund in the US-India corridor that partners with ambitious founders building AI-native startups. The primary offering is investment capital ($1M-$10M checks at Seed and Series A), supplemented by SwarmSpace — a combined Community, AI Studio, and Research Lab program that provides selected startups with up to $1M in flexible equity funding, up to $600K in partner credits, mentorship, and office space in Bangalore and Palo Alto.

Differentiator

Problem solved

Functional benefit

Brands

• SwarmSpace: Community, AI Studio and Research Lab for ambitious AI builders, providing 12-week intensive program, up to $1M in flexible equity funding, up to $600K in partner credits & grants, and office space in Bangalore and Palo Alto

Products and services

• Together Fund (Seed & Series A Investment)
• SwarmSpace (AI Studio Program & Community)

Quantifiable outcome

• 40%+ of portfolio companies secured follow-on funding
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Leading AI Providers (Credits Partners)coreOthersSwarmSpace AI Studio program includes up to $600K in credits from leading AI providers to support portfolio startups with compute and infrastructure resources during the 12-week program.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Blume Ventures: India-focused early-stage fund investing across deeptech, SaaS, and AI. Similar check sizes, similar founder-first positioning, and active in the same AI startup pool.
• Elevation Capital: India-focused early-stage VC writing seed and Series A checks across consumer and SaaS/AI. Overlapping stage, geography, and check-size band with Together Fund.
• IndiaQuotient: India-focused seed-stage VC writing initial checks into consumer and SaaS/AI startups. Comparable check sizes and stage, competing for the same founder pool.
• Kalaari Capital: Early-stage India VC with deeptech and AI focus. Competes directly for AI founders at seed stage; comparable fund vintage and check size.
• 3one4 Capital: India-based early-stage fund focused on SaaS, AI, and fintech from seed through Series A. Closely comparable stage, sector focus, and operator-led ethos.
• Z47 (formerly Matrix Partners India): Early-stage India VC investing across fintech, consumer, and SaaS/AI. Together Fund's co-founder Shubham Gupta previously led SaaS investments at Matrix Partners India, making this a directly comparable peer.
• Accel India: One of India's most active early-stage VCs with strong AI/consumer SaaS portfolios. Competes head-to-head with Together Fund for seed and Series A AI founders in India.

Regional players

• Antler India: Global early-stage investor and accelerator with India operations funding pre-seed and seed AI founders. Overlaps with SwarmSpace-style programs but at earlier stages and lower check sizes.

Broad incumbents

• Peak XV Partners: Largest India-focused VC (formerly Sequoia India) with multi-stage funds across seed, venture, and growth. Direct overlap on AI investments in India, but operates at vastly larger scale and stage range.
• Lightspeed India Partners: India arm of Lightspeed with seed-to-growth investing including AI, consumer, and enterprise. Comparable stage overlap but broader portfolio and larger fund sizes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/scaletogether
• LinkedInlinkedin.com/company/scaletogether

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Together