Apertu Capital
99 Hudson Street, 5th Floor, New York, NY, 10013, United States
Overview
Early stage fund, focused on investing in founders starting up from the open source community. General partners believe that the next $1T of value in SaaS growth will be companies based on open source software. Firm pledges part of partners' own returns to funding contributors to open source. This program includes inviting new contributors from populations currently underrepresented in tech professions.
- Total investments
- 4
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 2
Sector focus
- Venture Capital
Investment portfolio
- TransCrypts
Participated · Seed · Oct 2025
Founded in 2020 by Zain Zaidi and Ali Zaheer, TransCrypts offers a centralized, blockchain-enabled SaaS platform for background checks and employment verification, returning ownership of verified records to users while streamlining compliance for employers. The company already serves more than 4 million users and over 450 enterprise customers, including Fortune 100 and Fortune 500 firms. Its technology leverages cryptography and distributed ledgers to combat fraud, deepfakes, and data breaches in identity management. With co-headquarters in Toronto and San Francisco, TransCrypts plans to broaden its product suite from employment credentials into health and educational records. Proceeds from its latest financing will also support scaling of its customer base, compliance with additional privacy and security standards, and team expansion—particularly at the new Toronto office. The company positions itself at the intersection of digital identity, blockchain infrastructure, and credential verification SaaS. To date it has secured $15 million in outside capital, enabling continued growth in a market increasingly focused on secure, user-controlled identity solutions.
- Graze
Participated · Seed · Apr 2025
Graze offers a web-based product that lets non-developers build and manage custom Bluesky feeds using templates and tools for moderation, filters, sort order, and social-graph selection. The company powers roughly 4,500 Bluesky feeds created by around 3,000 users, including top topic feeds like News and Booksky, and also supports feeds used by other apps. Graze has begun enabling monetization via advertising, with about 200 feeds currently running ads at roughly $1 per 1,000 impressions; Graze takes a 30% cut to cover hosting, payments, and software. Its ad model emphasizes feed-level selection (advertisers pick feeds) and operator editorial control rather than user-level targeting, and users can opt out by blocking sponsored hashtags. The team is small and distributed (co-founders based in Portland and San Jose, plus a handful of part-time employees) and is working with other ATProto apps such as Skylight, Spark, and Flashes. Management says the current focus is on discovery and product-market fit rather than maximizing revenue, though the product already generates some revenue. The company is exploring ethical revenue-sharing models with Bluesky and other apps built on the AT Protocol.
- Wilderness Labs
Led · Seed · Mar 2023
Wilderness Labs is the creator of Meadow, a secure production-IoT platform and Meadow.Cloud for managing devices at scale. The company targets .NET developers to open the embedded hardware space to that ecosystem. Founded in 2016 and led by CEO Bryan Costanich, Wilderness Labs is based in Portland, OR. It has landed enterprise customers in critical infrastructure, heavy industry, and defense. The company raised seed funding to accelerate Meadow development and expand go-to-market capabilities and its team. No operating metrics or valuation were disclosed in the article.
- Farseer
Led · Seed · Feb 2023
Founded in 2020 by Matija Nakić, Zrinko Dolić, Luka Mijatović, and Matej Trbara, Farseer offers a B2B FP&A platform that merges spreadsheet-like flexibility with enterprise-grade automation. The software streamlines budgeting, forecasting, and reporting workflows, enabling finance teams to model, analyze, and generate insights without heavy manual effort. AI capabilities power scenario simulations and advanced analytics, turning finance departments into strategic business partners. The company already serves notable clients such as Deutsche Telekom, Lelo, Foreo, Violeta, Hrvatska Lutrija, Plinacro, Mazars, and InterCapital. With its latest funding, Farseer plans to scale hiring across engineering, implementation, sales, marketing, and customer success. It is also targeting geographic expansion into Western Europe and North America while enhancing reporting, analytics, and AI-driven features. The recent $7.2 million Series A provides the capital base for these growth initiatives.
Team
Enrico Marini Fichera
Founder
Don Sheu
Founder and General Partner
LinkedIn