Early Stage Venture Capital Fund
Apertu Capital is an early stage fund that focuses mainly on startups launched out of open source projects. Typical portfolio company forms a SaaS business following on building a large audience with an open source software project. Such projects typically have an incumbent audience of contributors and users. The software is often in use at large companies as a crucial part of software process or critical infrastructure. Our practice is to closely monitor founders and open source projects and predict when projects are ripe for investment.
Apertu is the imperative form of an Esperanto word aperti. Where aperti means to be open, or to open, apertu commands the listener to, “Open!”
Apertu in the context Apertu Capital is a call to startup founders asking they build companies on the free software projects they love. We mean free software in the context of freedom. General partners of the fund believe that open source software will accelerate and compound our progress as a collective human society.
Fund invests in founders prominent within open source communities. Such founders manage projects that command the attention of audiences that become their first customers. We invest the moment founders decide to form a company to serve a large audience of users already using the software under open source licenses. Our firm assists founders in developing the business around innovative software.
Meet Our Friends
Fund GP Speaks with OSS Leaders
Creator of NumPy and SciPy
Dask Creator, Coiled Founder
IPython and Jupyter Creator
Opportunity That Includes
Open in the context of our firm also means we believe everyone deserves access to equal opportunity. Firm’s founders believe that inviting those from underrepresented populations into the tech industry provides a channel to increase equity in society.
The founders’ plan includes devoting a portion of general partners’ own returns from the fund to invest in a platform that helps give a start to talent from underrepresented populations. Platform sets them up in tech jobs with salaries paid by founders. This program installs new talent in fellowships committing open source code to established projects.
Apertu Capital wants to launch new professionals in rewarding careers in software. Spending a year of directed work writing publicly available code, paid at market rates, will set the foundation for these professionals to succeed.