Announcing: Modern Technical Fund

A new pre-seed and seed fund helping technical founders move faster

All founders have a story.

Mine started just under a year ago, in June 2024, when I left an established VC firm to start my own fund: Modern Technical Fund.

Photo: Brooke Bevans.

I started the fund because I saw the founders I wanted to back moving faster than traditional venture could handle. They were at the earliest stages of company building, and operating at a pace I hadn’t seen before. And they weren’t just looking for capital, they wanted a partner who could keep up, lean in, and help them accelerate further.

Modern Technical Fund has already been moving fast. We raised $22M in an over-subscribed fundraise and made 7 investments in cyber and infra companies across the US and Israel. And our story’s just beginning…

The Idea

I had spent the last 9 years investing in early-stage enterprise software. And over that time, I noticed a major shift in pace.

The tech ecosystem was booming, with software rapidly expanding the addressable market for startups. At the same time, AI gave founders the ability to build, ship, and distribute software faster than ever.

The best founders wanted a more ambitious trajectory. I watched startups like Drata reach $100M ARR in 3.5 years, showing just how fast new technology could get adopted in today’s world.

So I asked myself: What kind of fund could help the next generation of technical founders move even faster?

The answer: a focused, hands-on fund backed by a community of technical sellers and technical buyers. That meant early GTM leaders from companies like Databricks, MongoDB, Drata, and Upwind—alongside security, engineering, and data leaders who could help shape and validate early products.

It’s a purpose-built network designed to give founders an unfair advantage going from prototype to product-market fit. And I’m proud of what Modern Technical Fund has already done for our portfolio companies.

The Journey

I should have known raising a fund I as a solo GP in today’s environment would be hard, but I went into it woefully ignorant and had to “get back on the horse” after many conversations with LPs, which included 156 passes.

But luckily, I had help. Some investor friends introduced me to their LPs, while others gave feedback on decks, invested personally, or shared fundraising advice. I’m deeply grateful for every one of them.

There were plenty of humbling moments, like going from over-subscribed, to under-subscribed, to back over-subscribed over a few weeks. Lesson learned: don’t count your LP dollars until the docs are signed.

I’m also thankful to the founders and partners who took reference calls and vouched for me. I won’t forget it, and I’ll always be in your corner.

The Launch

Today, I’m excited to share what we’ve been building.

Modern Technical Fund is officially live and actively investing $500K - $1M into US and Israeli pre-seed and seed-stage startups building software for engineering, data, and security teams.

To-date, we’ve invested in 7 companies - 5 here in the US, and 2 in Israel. It’s still early, but nearly half the portfolio has strong commercial traction and the rest are progressing quickly.

We set out to raise $20M and closed at $22M.

We’re backed by top-tier LPs including Ahoy Capital, Level Ventures, and Knollwood, alongside an incredible group of individual investors who are technical operators such as Angie Lal (Head of Security Engineering, Anthropic), Surabhi Gupta (CTO, Klaviyo), and David Cramer (Co-Founder, Sentry).

I started Modern Technical Fund to partner with technical founders from Day 0 and help them build faster, smarter, and with more firepower. With software taking over more of our personal and professional worlds, and AI accelerating its power, the opportunity to build has never been greater.

If you're working on something in security, data, or infra, I’d love to meet you.

Or if you’re looking to work at an awesome technical company at the earliest stages, particularly in an engineering or GTM role, I’d love to chat :)

And check out Alex Konrad’s post on the fund from his firm Upstarts Media here.