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#38 Relentless · Home · Ref — Ruya Ventures
Relentless · Seed · New York

Seed capital for founders doing their life’s work.

An $80M seed fund in New York. The way in isn’t a deck — share your writing to start.

Fund I — $80M Stage — Seed, lead / co-lead Checks — $2–5M Speed — $10M in 10 days Base — New York
[ The Library ]

Every one of these
began as writing.

2021Founding document
Anthropic

“Create reliable, interpretable, and steerable AI systems.”

Value today $965B
2008Original pitch deck
Uber

“Build a next-generation car service.”

Value today $150B
1999Original business plan
PayPal

“Build America’s first mobile bank.”

Value today $45B
2015Founding memo
Samsara

“Build industrial sensor systems that simply work.”

Value today $18B
2016Founding memo
Rippling

“Build a single system for employee information.”

Value today $17B
2023Founding thesis
Mistral

“Build state-of-the-art, open-source AI models for European industry.”

Value today $14B
2022Founding document
ElevenLabs

“Power content in any language.”

Value today $11B
2013Founding vision
Notion

“Bring computing power to non-programmers.”

Value today $11B
2012Original thesis
Figma

“Build collaborative design software.”

Value today $10B
1982Vision document
Sun Microsystems

“Develop graphics workstations for the OEM CAD/CAM marketplace.”

Acquired $7.4B
A museum, not a portfolio — these are not Relentless investments. Drag to browse.Browse all ten ↗
[ How we work ]

Five things we do.
Nothing else.


[ Portfolio ]

Twenty-two founders doing their life’s work.

See what each company is building

Consumer03
AtlysEnable every person on earth to travel freely.
BondCapture people’s memories and make them useful.
PogoMake you more money by unlocking the power of your data.
Fintech02
AvenDeliver the lowest-cost, most transparent access to capital at scale.
KalshiAllow people to capitalize on their opinions.
Hardware05
BackboneDeliver console-quality gaming from your smartphone.
Cowboy SpaceBuild a power grid in space for AI.
LytrixBuild next-gen photonics for AI infrastructure.
RingKeep people close to what’s important.
UMABuild intelligent robots that enhance quality of life.
Healthcare02
NourishMake high-quality, personalized nutrition care accessible.
OlipopA new kind of soda — delicious, supports digestive health.
Infrastructure03
PrintifyHelp people make more money in a more sustainable way.
SoundHound AIVoice-enable the world with conversational intelligence.
StatsigHelp product teams ship faster and decide with data.
Software07
AdvocacyPurpose-built AI for elite litigators to build winning arguments.
BoulevardHelp self-care businesses deliver the best client experience.
DiligenceSquaredMarket research at unprecedented speed, accuracy & cost.
MirageMake the distance between idea and audience zero.
HappenstanceUnlock the full potential of your network.
PepperModernize the food supply chain end-to-end.
SiroAI-powered coaching for field sales professionals.

[ The Fund ]

Ten years at Index. Then his own life’s work.

Damir Becirovic spent a decade at Index Ventures — Partner, co-founder of its seed fund — before closing Relentless Fund I in May 2026: $80M of concentrated seed capital, raised to lead rounds with deep belief. Small on purpose. Four partners, one fund, consensus decisions.

Damir Becirovic
Partner

Damir Becirovic

Former Partner at Index Ventures. Co-founded Index’s seed fund.

Ali Altaf
Partner

Ali Altaf

Former product leader at Pinterest. Co-founded the PinAngels syndicate.

Dino Becirovic
Partner

Dino Becirovic

CEO at Bond. Former CoS at Aven; Partner at KPCB & Index Ventures.

Sony Theakanath
Partner

Sony Theakanath

Director of Product at Meta. Former CEO at Asaii, acquired by Apple.

In the press

An $80M debut, on the record.

[ Apply ]

Are you ready to begin your life’s work?

Raise up to $10M in 10 days · Share writing to start · Confidentiality guaranteed

Share your writing →

Write it. Do it.

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