The Community Fund

It operates as a venture capital firm but with a structural twist: the LP community actively participates in sourcing and evaluating deals. This blurs the line between limited partners and a scout network, making the firm's operations more distributed than a typical seed fund.

Confirmed focus areas include enterprise software, fintech, future of work, and digital health. The firm has also backed companies at the intersection of AI and workforce analytics, reflecting a thesis around technology that changes how people work and access services.

General Partners Jesse Middleton and Lolita Taub lead the firm's investment committee. While the operator community contributes deal flow and diligence input, ultimate approval and check-writing authority sits with the GPs.

The firm often co-invests alongside other seed-stage managers such as Precursor Ventures and Backstage Capital, but it has also been known to lead pre-seed and seed rounds when the opportunity aligns with community expertise. The structure favors co-investment whereby the operator network can add value but the firm is not exclusively a follower in syndicates.

Operator-LPs participate in deal sourcing, diligence calls, and post-investment support — including introductions to customers, hiring, and strategic advice. This engagement is part of the fund's design, with the expectation that LPs who bring capital also bring operating expertise relevant to the companies the fund backs.