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neythrifuturesfund.com

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Investments

2

Funds

1

About Neythri Futures Fund

Neythri Futures Fund invests in tech-enabled, venture scale startups led by diverse teams.

Neythri Futures Fund Headquarter Location

Los Gatos, California, 95032,

United States

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Latest Neythri Futures Fund News

Unique South Asian Women Led Neythri Futures Fund Addresses Diversity Gap in Venture

Oct 13, 2021

90% LPs are Women of Color, 100% of Founders Represent Diverse Teams Download October 13, 2021 08:00 AM Eastern Daylight Time SAN FRANCISCO--( BUSINESS WIRE )--The Neythri Futures Fund (NFF) today announced the close of Fund I, oversubscribed at $10M and supported by trailblazing South Asian women and male allies. NFF’s mission is to address the diversity gap in venture by harnessing the investing power of South Asian women and fostering diverse entrepreneurial teams. Neythri Futures Fund is founded and led by Mythili Sankaran, tech entrepreneur, co-founder and CEO of Neythri.org , a global community of South Asian professional women. The fund brings together an enviable roster of over 200 Limited Partners (LPs), with 90% South Asian women and 70% first-time investors. The fund invests in enterprise B2B startups led by diverse teams building innovative solutions for the global market and has already made its first 9 investments. Only 4.9% of U.S.-based VC partners are women and while there is a substantial pipeline of South Asian women engineers and operators, a dismal 0.4% of VC partners are South Asian women. A recent study released by Crunchbase shows disheartening data on how investing in female founders has declined to 2.2% in 2021, despite the robust VC climate. Industry data confirms that an effective way to close the funding gap is to create more diverse funds for a "both sides of the table" change — funds that are managed by diverse teams with the mission of supporting diverse founders. “Neythri Futures Fund is specifically designed for South Asian women to strengthen their investing journey and effect top-down change,” said Mythili Sankaran, Founding Managing Partner of the Neythri Futures Fund. “NFF provides a powerful vehicle to unleash the potential of South Asian women as funders and founders of game changing companies and break down barriers and stereotypes. We will build on the reputation of the community as trailblazing CEOs of public companies, founders of breakout startups, and leaders in venture to increase representation at the highest levels.” A New Wave Of Startup Investing The fund is proud to count several South Asian women CXOs, board members, operating executives and investors such as Leela Srinivasan (Checkout.com), Rupal Hollenbeck (Cerebras Systems), Shobhana Ahluwalia (Peloton), Shalini Govil-Pai (Google), Rohini Chakravarthy (NGP Capital), Kirthiga Reddy (formerly Softbank), Sundari Mitra (Intel), Bhawna Singh (Auth0) and others as Limited Partners. Several South Asian male tech CEOs, executives and prominent venture capitalists also serve as limited partners including Raghu Raghuram (VMWare), Nick Mehta (Gainsight), Navin Chaddha (Mayfield Fund), Somesh Dash (IVP) among others. "As a long time tech executive and operator, I had been watching startups and venture investments from the sidelines," said Monica Kumar, Senior Vice President at Nutanix and a Founding Limited Partner at Neythri Futures Fund. "I'm thrilled to be part of NFF and have a voice in shaping the investment community and support and build diverse founding teams and leaders. As a first time investor, I can say that I am finally putting my money where my mouth is." A detailed list of NFF’s investors can be found here . A Value Proposition That Goes Beyond Capital “If you start with diverse investors who have access to a diverse talent pool to both invest in and hire from, the equation changes dramatically. It allows for a system that goes beyond intent and supports the founders to execute their diversity goals. This thesis is what got me involved in the Neythri Futures Fund,” said Roli Saxena, President, AdRoll and Partner on the Investment Committee at Neythri Futures Fund. Since its inception, NFF has been flooded with prospective LPs and deals, as high growth startups seek a valuable layer of validation through endorsement by female investors. Beyond capital, NFF’s portfolio companies benefit from access to the fund’s network of influential operators and investors who are committed to supporting founding teams as mentors, advisors and connectors. Through its affiliation with sister organization, Neythri.org, the fund also brings an extended network of South Asian women leaders representing board directors, C-suite and senior executives. NFF’s early investments include groundbreaking startups such as Alchemy.io, Apollo GraphQL, Cacheflow, Neeva, Orum.io, Setsail, Synctera, Vendia and Webscale. To learn more about Neythri Futures Fund, visit https://www.neythrifuturesfund.com . Contacts

Neythri Futures Fund Investments

2 Investments

Neythri Futures Fund has made 2 investments. Their latest investment was in Cacheflow as part of their Seed VC on November 11, 2021.

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Neythri Futures Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/10/2021

Seed VC

Cacheflow

$6M

Yes

7

5/14/2021

Series C - II

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10

Date

11/10/2021

5/14/2021

Round

Seed VC

Series C - II

Company

Cacheflow

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Amount

$6M

New?

Yes

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Co-Investors

Sources

7

10

Neythri Futures Fund Fund History

1 Fund History

Neythri Futures Fund has 1 fund, including Neythri Futures Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/13/2021

Neythri Futures Fund I

$10M

1

Closing Date

10/13/2021

Fund

Neythri Futures Fund I

Fund Type

Status

Amount

$10M

Sources

1

Neythri Futures Fund Team

3 Team Members

Neythri Futures Fund has 3 team members, including current Founding Partner, Ayesha Mathews Wadhwa.

Name

Work History

Title

Status

Ayesha Mathews Wadhwa

Founding Partner

Current

Mayura Bisineer

Founding Partner

Former

Jagadha Sivan

Founding Partner

Former

Name

Ayesha Mathews Wadhwa

Mayura Bisineer

Jagadha Sivan

Work History

Title

Founding Partner

Founding Partner

Founding Partner

Status

Current

Former

Former

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