Blazing Trails in Investing: Alumnus Unleashes $34M Fund Exclusively for Y Combinator Startups

Innovation and creativity are at the heart of financial growth, and this couldn’t be truer for the startups emerging from Y Combinator (YC), a top-tier tech accelerator. In a bold move, Kulveer Taggar, who swung to fame as the founder of property management startup Zeus Living, has created a fund that exclusively arms YC startups. Enter Phosphor Capital, a $34M fund ready to back the most ambitious and promising YC projects.

Using his experience as a two-time YC alumnus, Taggar aims to fully capitalize on the outstanding potential of these startups, noting that ‘6% of YC companies become unicorns, and of that 6%, a quarter become decacorns’.

Taggar’s tryst with Y Combinator began in 2007 as he, along with his cousin Harj Taggar and future Stripe founders Patrick and John Collison, took their startup, Auctomatic, through the program. His second stint with Zeus Living only strengthened this relationship, with Initialized Capital, co-founded by current YC chief Garry Tan, leading Zeus Living’s Series A funding and participating in its board.

Despite facing hiccups when interest rates surged earlier this decade, resulting in Zeus being sold to competitor Blueground, Taggar hasn’t lost his faith in the transformative power of YC startups. In fact, he’s particularly excited by the opportunity to invest in up-and-coming AI startups and by Garry Tan’s stewardship of the prestigious accelerator, both of which served as the catalyst for him to launch Phosphor Capital.

With Phosphor Capital, Taggar is not only supporting the ambitious minds brewing within the YC ecosystem but also demonstrates his unwavering confidence in these startups and their potential in the world of disruptive technology.