Together Fund Nears $150M Fund II Close to Expand AI and SaaS Investments

Together Fund, a venture capital firm specializing in SaaS and AI startups, is on track to close its $150 million Fund II by June 2025. Co-founder and managing director Manav Garg confirmed the firm’s fundraising progress in a recent report, emphasizing its commitment to fueling the next wave of AI innovation.

Headquartered in India, Together Fund focuses on early-stage investments, targeting high-potential startups that are shaping the future of artificial intelligence. With its second fund, the firm plans to back 19 to 20 AI-driven companies, further strengthening its portfolio of disruptive technology ventures.

Since its inception, Together Fund has invested in 31 startups across both funds, supporting emerging companies such as Jhana, RapidClaims, WorkHack, Zipstack, and UiFlow. As AI adoption accelerates across industries, the firm is positioning itself as a key player in driving the growth of AI-native businesses. By providing capital and strategic guidance, Together Fund aims to help startups scale, innovate, and lead in an increasingly AI-driven world.