GTMfund, a VC firm founded by Max Altschuler, has closed its second fund at $54 million, surpassing its $50 million target. The Vancouver firm specializes in operator-led investing, with 300 LPs from AWS, OpenAI, Procore, and Snowflake, along with six institutional investors such as Bain Capital Ventures and Inovia Capital.
Fund I backed startups like Writer, Atlan, and Vanta, and the latest fund will support 40 early-stage companies at pre-seed to Series A, with check sizes from $500K to $1.5M. Altschuler calls GTMfund a “labor of love” for founders and operators alike.
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