Multi-Family Office

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Virtuous Software

David Virtuous founded Virtuous Software in 2020 after a career building and scaling enterprise software companies.

Virtuous Software

David Virtuous founded Virtuous Software in 2020 after a career building and scaling enterprise software companies. The firm's wealth originates from his own entrepreneurial exits and those of a handful of technology founders who joined as clients. Structurally, it functions as a multi-family office, serving a small, invitation-only membership of tech entrepreneurs in the Phoenix area. The firm invests across three primary asset classes: direct co-investments in early-to-growth-stage enterprise software (where Virtuous has operating experience), real estate (targeting commercial and multi-family properties in the Southwest U.S.), and a smaller allocation to liquid public equity and fixed income. Known portfolio companies are not publicly disclosed, but the firm states a preference for revenue-generating software businesses with recurring revenue models. Geographic focus is primarily North America, with selective real estate deals in Arizona and Texas. Virtuous Software operates with a lean team estimated at under ten professionals, led by David Virtuous as CEO/CIO. The firm has no public real-estate arm or foundation. The most recent publicly known event was a November 2024 presentation at the Phoenix Family Office Forum discussing direct deployment strategies (per event materials, November 2024). The firm's structural differentiator lies in its tight focus on a single geographic hub and a small, curated membership of technology founders. This structure allows for deeply aligned co-investment alongside its families, with Virtuous Software serving as both advisor and co-investor — unlike larger multi-family offices that often serve many unrelated families.

General information

Firm type

Multi Family Office

Year founded

2020

AUM

$100M - $500M (Altss estimate)

Location

Region

North America

Country

United States

City

Phoenix

Corporate office

Phoenix, AZ, United States

Principals

David Virtuous

Founder & CEO

Sector focus

Enterprise SoftwareFinTechReal Estate

Frequently asked questions

Who runs investment decisions at Virtuous Software?

David Virtuous serves as founder and CEO, heading all investment decisions. The firm maintains no separate CIO or investment committee (per public record).

How does Virtuous Software source proprietary deal flow?

The firm relies on David Virtuous's network from his software career and relationships with other Phoenix-area entrepreneurs. It does not operate an external sourcing team or market for deals.

Does Virtuous Software participate in fund commitments or only direct deals?

The firm primarily makes direct co-investments in both enterprise software and real estate, though it may allocate a small portion to liquid public equity and fixed income via funds (per public record).

What investment stages does Virtuous Software typically target?

The firm focuses on early-to-growth-stage enterprise software companies, targeting revenue-generating businesses with recurring revenue models. In real estate, it targets commercial and multi-family properties in the Southwest U.S.

Is Virtuous Software structured as a single family office or a multi-family office?

It operates as a multi-family office, serving a small, invitation-only group of technology entrepreneurs. David Virtuous’s own wealth is managed alongside client capital (per public record).

Where does the underlying wealth for Virtuous Software come from?

The wealth originates from David Virtuous's entrepreneurial exits in the software industry, along with the personal fortunes of the technology founders who form the office's client base (per public record).

Does Virtuous Software maintain a philanthropic structure?

There is no public record of a separate foundation or philanthropic arm. The office may engage in charitable activities through personal vehicles, but no structure is disclosed.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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