Fund profile
The General Partnership
San Francisco, United States
Leading
About
The General Partnership (TheGP) is a venture capital firm that stands out for its unique "Sweat Equity" model, which combines both capital investment and hands-on operational support. Founded in 2022, TheGP focuses on partnering with early-stage startups, especially those in the pre-seed and seed stages, helping them achieve product-market fit and scale effectively. What makes TheGP distinctive is its deep involvement with portfolio companies. Beyond just financial investment, TheGP deploys its team of seasoned engineers, recruiters, designers, and product experts to work directly within startups. This "Sweat Equity" approach means that TheGP team members are embedded in the companies they invest in, often spending up to nine months helping build out teams, optimize product development, and refine go-to-market strategies. Their model has proven successful, leading to the launch of their second fund, TheGP II, with $300 million in committed capital. This fund will continue their mission of providing both capital and expert support to founders who value active partnership over mere financial backing.
Details
Highlights
$6.8M
Historical average check
$50M
Historical max check
May 2024
Last investment date
16
Investments
Security & Privacy
Software & Apps
Fintech & Financial services
Web 3.0
Media, Events & Entertainment
Other
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