Garuda Ventures

2017

Founded

17

Investments

United States

Offices

Angel Network

Investor Type

About

Garuda Ventures is a B2B-focused, pre-seed and seed-stage venture capital firm based in the San Francisco Bay Area. Founded in 2018 by experienced operators-turned-investors Rishi Taparia and Arpan Punyani, the firm has a strong track record of supporting ambitious founders in building iconic companies. Their investment philosophy centers on providing strategic support and leveraging their extensive network to help startups scale effectively.

In October 2023, Garuda Ventures raised $31 million for its debut institutional fund, with notable limited partners including Cliff Obrecht (Co-Founder and COO of Canva), Frederic Kerrest (Vice Chairman & Co-Founder of Okta), Osama Bedier (President of GoDaddy Commerce), and Howard Lindzon (Co-founder and General Partner of Social Leverage). The firm's portfolio includes companies such as Canva, Airbase, Noyo, AllStripes, and Leap. Garuda Ventures focuses on four core areas: Intelligent Applications (including Vertical SaaS, AI-enhanced applications, and API-driven middleware), Commerce Infrastructure, Cloud-native security and compliance at data-scale, and Climate 2.0 (including digitization of energy markets, grid management, and low-carbon transition technologies).

Portfolio Companies

Canva, Airbase, Noyo, AllStripes, Leap

Gepgraphic Focus

United States

Key Differentiators

Experienced operators-turned-investors, Strong strategic support and founder network, Focus on B2B software startups

Thypical Investment Size

$500,000 to $1 million

Total Funds Raised

$31 million

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Artificial Intelligence & Machine Learning (AI/ML)

Developer Tools

SaaS

Big Data & Analytics

CloudTech

San Francisco

Pre-Seed

Seed

Series A

United States