GPO Fund

ActiveVenture Capital

Website LinkedIn

Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2024	Perle AI	$7.0M Seed	—	Alpine Meridien, AME Cloud Ventures, David Ibnale, Battery Ventures, CoinFund, Foundation Capital, Framework Ventures, Hardware Club, Humbition, iNovia Capital, RRE Ventures, Tribeca Venture Partners, Zeev Capital, Assaf Wand, Bill Tai, Erik Matlick, Frank Barbieri
Sep 1, 2024	Centivo	$75.0M Venture Round	—	B Capital Group, Convective Capital, F-Prime Capital Partners, Maverick Capital, Moxxie Ventures, Powerhouse Ventures, Key Compton, Yumin Choi
Jul 1, 2023	Leverage	$3.0M Series A	—	AAF Management Ltd., AME Cloud Ventures, Amplo, Chaac Ventures, Hardware Club, Montage Ventures, Plug & Play Ventures, Revolution, Visionaire Ventures, Winklevoss Capital, Janis Krums, Key Compton, Tom Monahan
May 1, 2023	Legacy	$25.0M Series B	—	B Capital Group, F-Prime Capital Partners, Matrix, Maverick Capital, Y Combinator, Key Compton
Aug 1, 2022	Nitra	$16.0M Seed	—	AAF Management Ltd., AME Cloud Ventures, Amplo, Chaac Ventures, Dreamers VC, Hardware Club, Montage Ventures, Rick Yang, New Enterprise Associates, Plug & Play Ventures, Revolution, Roosh Ventures, Stellar Capital, Visionaire Ventures, Winklevoss Capital, James Gwertzman, Janis Krums, Key Compton, Mark Cuban, Tom Monahan
Jun 1, 2022	Ledger Investing	$75.0M Series B	—	Act One Ventures, Addition, Anthemis Group, Betaworks Ventures, Bonfire Ventures, BoxGroup, Browder Capital, Buckley Ventures, CapitalX, Coelius Capital, Composite Ventures, Crosscut Ventures, Kevin Ding, Drive Capital, Founders Fund, General Atlantic, Highbury Group, Lytical Ventures, MassMutual Ventures, Matchstick Ventures, Scott Sandell, Pareto Holdings, Revolution Growth, SCOR Ventures, SignalFire, Springdale Ventures, The Hit Forge, Clark Landry, Daren Cotter, Jiake Liu, Jonathan Wasserstrum, Lev Ekster, Ryan Wyatt, Sahil Lavingia, Scott Belsky
Jun 1, 2022	Proximie	$80.0M Series C	—	2048 Ventures, Advent Life Sciences, B Capital Group, F-Prime Capital Partners, Global Ventures, Jazz Venture Partners, Lazerow Ventures, Maverick Capital, Novastar Ventures, Questa Capital, Samsara BioCapital, Amadeo Brenninkmeijer, Greg Schroy, Key Compton, Yumin Choi
Apr 1, 2022	Grover	$110.0M Series C	—	Energy Impact Partners, Lunar Ventures, Paladin Capital Group, Julian Levy, Sean Cunningham
Apr 1, 2022	Ugami	$5.0M Seed	—	2.12 Angels, 50 Partners, TJ Nahigian, Diaspora Ventures, eFounders, Entrée Capital Ventures, Gradient Ventures, Harlem Capital, Kima Ventures, #SecretFund, The Refiners, Andrew Nutter, Frederic Montagnon, Key Compton, Mark Casady, Thibaud Elziere
Feb 1, 2022	Pattern Brands	$25.0M Series B	—	Angel Invest, Expon Capital, Jump Capital, Lemnos Labs, RRE Ventures, Seraphim Space, Key Compton, Paul Sims
Feb 1, 2022	Leverage	$5.0M Seed	—	AAF Management Ltd., AME Cloud Ventures, Amplo, Chaac Ventures, Hardware Club, Montage Ventures, Plug & Play Ventures, Revolution, TenOneTen Ventures, Visionaire Ventures, Winklevoss Capital, Janis Krums, Key Compton, Tom Monahan
Dec 1, 2021	ArcSpan Technologies	$6.0M Seed	—	Alpine Meridien, AperiamVentures, David Ibnale, BDMI - Bertelsmann Digital Media Investments, Bennu, Coatue, Colossal Biosciences, Crosslink Capital, Dreamers VC, Flori Ventures, General Catalyst, Humbition, iNovia Capital, Kombo Ventures, Microtraction, Norwest Venture Partners, Penny Jar Capital, QueensBridge Venture Partners, REMUS Capital, Ribbit Capital, RRE Ventures, S4S Ventures, super{set}, Tribeca Venture Partners, Twelve Below, Alex Rodriguez, WGI Group, Y Combinator, Andre Iguodala, Eli Manning, Frank Barbieri, Jared Leto, Justin Timberlake, Kelvin Beachum Jr.
Oct 1, 2021	Checkbook	$10.0M Series A	—	MassMutual Ventures, Jonathan Wasserstrum
Sep 1, 2021	Centivo	$51.0M Series B	—	Alumni Ventures, Arkitekt Ventures, August Capital, B Capital Group, Boldstart Ventures, Boost VC, Convective Capital, Curie.Bio, Founder Collective, F-Prime Capital Partners, Lux Capital, Maverick Capital, Metanoia, Moxxie Ventures, Operator Partners, Powerhouse Ventures, Revolution, Scalar Capital, SNR, SV Angel, Alice Zhang, Ashley Larson, Elliott Cohen, Howie Liu, Key Compton, Yumin Choi
Sep 1, 2021	Benepass	$12.0M Series A	—	11.2 Capital, Alpaca VC, AME Cloud Ventures, Amino Capital, Andreessen Horowitz, Asymmetric Capital Partners, Authentic Ventures, TJ Nahigian, B Capital Group, Bloomberg Beta, BoxGroup, Cervin Ventures, Chemistry VC, Felicis Ventures, Forum Ventures, Gradient Ventures, Hardware Club, Harlem Capital, Heavybit, Insight Partners, Kleiner Perkins, Lead Edge Capital, Long Journey Ventures, Glenn Solomon, Pioneer Fund, Prototype Capital, Revolution Growth, Stellar Capital, Susa Ventures, SV Angel, Threshold Ventures, Uncork Capital, Vertex Ventures, Wildcard Ventures, Adrian Aoun, Erik Eccles, James Watt, Johnny Boufarhat, Key Compton, Mike Lee, Sriram Ramachandran, Sue Xu, Youcef Es-skouri
Sep 1, 2021	ODWEN	$2.0M Seed	—	Iluminar Ventures, MassMutual Ventures
Aug 1, 2021	Fund That Flip Inc.	$20.0M Series B	—	TJ Nahigian, Gradient Ventures, Harlem Capital, Key Compton
Jul 1, 2021	Pangaea	$68.0M Series B	—	AAF Management Ltd., AME Cloud Ventures, Amplo, TJ Nahigian, Base10 Partners, B Capital Group, Cedar Capital Group, Chaac Ventures, Companyon Ventures, Flashpoint VC, F-Prime Capital Partners, Gradient Ventures, Hardware Club, Hyde Park Venture Partners, Matrix Capital, Maverick Capital, Montage Ventures, Overline VC, Plug & Play Ventures, Revolution, Techstars, Trajectory Ventures, Visionaire Ventures, Winklevoss Capital, XFactor Ventures, Janis Krums, Key Compton, Mark Cuban, Tom Monahan, Yumin Choi
May 1, 2021	FiscalNote	$40.0M Venture Round	—	AAF Management Ltd., AME Cloud Ventures, Amplo, Chaac Ventures, Hardware Club, Montage Ventures, Plug & Play Ventures, Revolution, Visionaire Ventures, Winklevoss Capital, Janis Krums, Key Compton, Mark Cuban, Tom Monahan
May 1, 2021	BrightHire	$13.0M Series A	—	01 Advisors, 8VC, AAF Management Ltd., Accomplice VC, AME Cloud Ventures, Amplo, Andreessen Horowitz, Chaac Ventures, Cisco Investments, Costanoa Ventures, Jenny Fielding, Scott Hartley, Flybridge Capital Partners, Flying Fish Partners, Gradient Ventures, Hardware Club, Index Ventures, LAUNCH, Montage Ventures, Operator Partners, Pear VC, Plug & Play Ventures, Redpoint Ventures, Revolution, Salesforce Ventures, Scale Venture Partners, Visionaire Ventures, Winklevoss Capital, George Hu, Gokul Rajaram, Jacques Fu, Janis Krums, Jason Katzer, Kenny Van Zant, Key Compton, Laszlo Bock, Mark Cuban, Stephen Garden, Tom Monahan, Vishal Rao, Yvonne Wassenaar
Apr 1, 2021	Proximie	$38.0M Series B	—	2048 Ventures, B Capital Group, F-Prime Capital Partners, Global Ventures, Jazz Venture Partners, Lazerow Ventures, Maverick Capital, Novastar Ventures, Questa Capital, Amadeo Brenninkmeijer, Greg Schroy, Key Compton, Yumin Choi
Jan 1, 2021	Enzyme	$120K Seed	—	Angel Invest, Expon Capital, Jump Capital, Lemnos Labs, RRE Ventures, Seraphim Space, Key Compton, Paul Sims
Dec 1, 2020	Centivo	$34.0M Series B	—	Alumni Ventures, B Capital Group, Convective Capital, F-Prime Capital Partners, MassMutual Ventures, Maverick Capital, Moxxie Ventures, Powerhouse Ventures, Jonathan Wasserstrum, Key Compton, Yumin Choi
Nov 1, 2020	Fund That Flip	$20.0M Series B	—	Angel Invest, Expon Capital, Jump Capital, Lemnos Labs, RRE Ventures, Seraphim Space, Key Compton, Paul Sims, Abdul Hye, Alpine Meridien, David Ibnale, Erik Matlick, Frank Barbieri, Hans Tung, Humbition, iNovia Capital, Jlabs, Jungle Ventures, LAUNCH, MassMutual Ventures, Passion Capital, Peter Read, Steven Sinofsky, SuperAngel.Fund, Tribeca Venture Partners, Velo Capital Partners LLP, Victoria van Lennep, Vishal Rao
Aug 1, 2020	Ledger Investing	$11.0M Series A	—	Act One Ventures, Addition, Anthemis Group, Betaworks Ventures, Bonfire Ventures, BoxGroup, Browder Capital, Buckley Ventures, CapitalX, Coelius Capital, Composite Ventures, Crosscut Ventures, Kevin Ding, Drive Capital, Founders Fund, General Atlantic, Highbury Group, Lytical Ventures, MassMutual Ventures, Matchstick Ventures, Scott Sandell, Pareto Holdings, Revolution Growth, SCOR Ventures, SignalFire, Springdale Ventures, The Hit Forge, Clark Landry, Daren Cotter, Jiake Liu, Jonathan Wasserstrum, Lev Ekster, Ryan Wyatt, Sahil Lavingia, Scott Belsky

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at GPO Fund.

Jeff Stewart

Managing Director

Leadership Team

Key people at GPO Fund.

Jeff Stewart

Managing Director

Deep Dive

High-Level Overview

The GPO Fund (Global Public Offering Fund) is a growth equity investment partnership focused on founder-led, technology-driven companies that have the potential to leverage global public capital markets for growth and market leadership. Their mission centers on providing patient capital and operational support to help portfolio companies execute growth strategies, simplify capital structures, and prepare for successful public offerings, particularly targeting companies at the scaling, growth, and pre-IPO stages. The fund actively invests across the US, Europe, and Asia-Pacific regions, aiming to accelerate international expansion and access to liquidity for its portfolio firms[1][2][3].

Origin Story

Founded with a vision to address the evolving landscape of public markets and venture capital, the GPO Fund emerged as a response to the shift in the US IPO market, which increasingly favors mega-cap listings, leaving mid-sized companies with fewer growth capital options. The fund is led by successful entrepreneurs and investment professionals, including Christopher Fisher, who bring deep operational and technical expertise to support founders. The GPO Fund’s focus has evolved to emphasize cross-border expansion and preparing companies for global public offerings, filling a gap between traditional venture capital and public market access for high-growth tech firms[3][2].

Core Differentiators

Unique Investment Model: Patient capital with a focus on founder-led, tech companies poised for global public market entry.
Network Strength: Strong expertise in IPO planning, M&A, and global expansion, especially in Asia-Pacific.
Track Record: Active involvement by experienced entrepreneurs who provide hands-on operational support.
Operating Support: Assistance in simplifying capital structures and strategic growth execution.
Global Reach: Investments across multiple continents, enabling portfolio companies to scale internationally[1][2][3].

Role in the Broader Tech Landscape

The GPO Fund rides the trend of globalization of capital markets and the increasing need for mid-sized tech companies to access growth capital beyond traditional venture capital or private equity exits. As the US IPO market narrows to mega-cap companies, the GPO Fund fills a critical gap by enabling companies to tap into international public markets and expand globally. This timing is crucial as international economies and capital markets rapidly expand, creating favorable market forces for tech companies to scale and list on top global exchanges. The fund’s role influences the ecosystem by bridging private growth capital and public market access, thus fostering innovation and sustainable growth in the tech sector[3][1].

Quick Take & Future Outlook

Looking ahead, the GPO Fund is well-positioned to capitalize on the increasing demand for cross-border public offerings and the globalization of tech innovation. Trends such as the rise of international capital markets, evolving IPO dynamics, and founder-driven global expansion will shape their journey. The fund’s influence is likely to grow as it continues to support companies in navigating complex capital markets and scaling internationally, potentially setting new standards for growth equity investing in tech. Their patient capital approach and operational involvement will remain key differentiators as they help portfolio companies realize their full potential in a changing market landscape[3][1].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Patient capital with a focus on founder-led, tech companies poised for global public market entry.
Network Strength: Strong expertise in IPO planning, M&A, and global expansion, especially in Asia-Pacific.
Track Record: Active involvement by experienced entrepreneurs who provide hands-on operational support.
Operating Support: Assistance in simplifying capital structures and strategic growth execution.
Global Reach: Investments across multiple continents, enabling portfolio companies to scale internationally[1][2][3].