The General Partnership
San Francisco, CA · Invests in US · Website
Check size
🔒 $•• – $••Thesis
TheGP deploys experienced builders alongside capital to help founders achieve product-market fit faster. The firm's 25+ full-time builders—engineers, recruiters, designers, sales leaders—embed in portfolio companies for an average of nine months, earning equity grants tied to milestone delivery. This 'sweat equity' model creates deeper alignment than capital-only VC and is applied across Formation ($1-5M) and Breakout ($5-15M+) stages.
Likely not a fit for
Not a fit for founders who prefer a traditional hands-off VC relationship; the model requires active engagement with TheGP's builder team embedded in day-to-day operations.
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~1 month
- Warm intro
- Not required
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $540M
- Decision process
- Partnership vote
Partners & team
6 contacts on file
k•••@th•••.com
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Recent activity
- Feb 2026
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Seed · Lead
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Pre-Seed · Lead
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The General Partnership in the news
WSJ
Exclusive | AI Startup Multiplier Takes on Big Four Accounting, With a Private Equity Twist
1 month ago
AlleyWatch
The Weekly Notable Startup Funding Report: 6/15/26
2 months ago
calcalistech.com
StageOne Ventures promotes Netanel Meir to General Partner and Avi Shulman to Partner
4 months ago
The SaaS News
Ultralight Raises $9.3M Seed Round
4 months ago
Tech in Asia
A16z leads $17m seed round in US AI workspace startup
6 months ago
TechCrunch
Meridian raises $17 million to remake the agentic spreadsheet
6 months ago
siliconangle.com
Agentic financial modeling startup Meridian gets $17M in funding
6 months ago
AlleyWatch
The Weekly Notable Startup Funding Report: 9/15/25
11 months ago
AlleyWatch
Cassidy Raises $10M to Scale Context-Powered AI Automation for Non-Technical Teams
Sep 2025
Business Wire
Olto Raises $5.1M to Transform B2B Sales with AI, Starting with the World’s First AI Demo Engineer
Jul 2025
SiliconANGLE
AI code assist startup Graphite raises $52M to try and keep ahead of the competition
Mar 2025
Infrastructure Investor
GIP wants ‘to reinvent the market’ for data centre financing
Mar 2025
ImpactAlpha
Asset managers looking for impact are scooping up ‘GP stakes’ in impact fund managers
Feb 2025
Axios
The General Partnership, a VC firm focused on "sweat equity," raises $300 million for second fund
Jun 2024
Los Angeles Business Journal
Science Names First New General Partner
Apr 2024
Business Wire
TurbineOne Raises $15M in Series-A Funding Round
Mar 2024
Alaska Business Magazine
Doyon Joins McKinley Management for Investment Fund
Feb 2023
Business Insider
Digital-commerce startup SendOwl just raised $9 million. Here's the memo it used to pitch investors.
Feb 2023
Forbes
With $240 Million Fund, The General Partnership Looks To Revamp Value-Added VC For Founders
Jun 2022
JD Supra
The Oral Partnership Operating as a Corporation: Is it a Partnership? A Corporation? Can it be Both?
Mar 2021
Ward and Smith, P.A.
Joint Ventures in Hemp – You Don’t Have to “Go It Alone”
May 2020
Silicon Prairie News
Dundee Venture Capital adds new partner John Jenkins, raises $31M
May 2017
Fortune
Harvard-Linked VC Fund Goes Up in Smoke and Acrimony
May 2016
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