Rishi Taparia sourced Matrix Partners' seed investment in Canva in 2012 and, before moving into venture investing, was Poynt's first non-technical hire, helping grow the company to more than 130,000 merchants worldwide before it was acquired by GoDaddy. He describes today's market as having an AI onboarding problem, pointing out that expectations haven't caught up with what the technology can actually do, and he's earned the nickname Sir Texts Alot for how quickly and consistently he stays in touch with the founders he backs.
About their Fund
Sectors
SaaS, Fintech, Cybersecurity, Climate, Enterprise
Rounds
Seed
Avg Check Size
$500K–$1.5M
Notable Investments
Garuda Ventures takes its name from the Garuda of Hindu/Buddhist scripture and Indonesia's national emblem, reflecting the founders' personal ties to Indonesia, and its partnership pairs someone who helped source Canva's seed investment with someone who built Okta's early M&A and partnerships functions, a combination it tested through a $3M fund backing 32 founding teams before raising its $31M debut fund. The firm says it often invests before a product or revenue even exists, focuses on infrastructure-heavy B2B areas like manufacturing, robotics, and physical supply chains, includes operators from its own network as LPs and advisors, and tells founders it will never reduce them to an entry in a CRM.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
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12
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