What stage does Operators Fund invest at?

Operators Fund invests at Pre-Seed, Seed stages.

What sectors does Operators Fund invest in?

Operators Fund invests in SaaS, Enterprise, AI / ML.

Who are the partners at Operators Fund?

Partners at Operators Fund include Joe Kraus (General Partner).

What has Operators Fund invested in recently?

Operators Fund has 1+ portfolio companies, including Metavine.

How much capital does Operators Fund manage?

Operators Fund manages approximately $750M in assets under management.

Where is Operators Fund located?

Operators Fund is based in San Francisco, California.

Operators Fund — Pre-Seed & Seed VC Firm ($250K–$1.0M Checks)

San Francisco, CaliforniaProfile updated November 2026Website

Operators Fund is a Pre-Seed, Seed venture capital firm based in San Francisco, California investing in SaaS, Enterprise, AI / ML. The firm typically writes $250K–$1.0M checks and has 1 portfolio company in our records.

Check size: $250K–$1.0M
Portfolio: 1 company on record
Partners: 1 listed
AUM: $750M
Stage: Pre-Seed, Seed
Sectors: SaaS, Enterprise, AI / ML
HQ: San Francisco, California

Last verified: 2026-11-11

How to approach: warm intro preferred

Stage

Pre-Seed, Seed

Check Size

$250K – $1.0M

AUM

$750M

Portfolio

1+ companies

Team

1 partner

Investment Thesis

Operator-led fund investing in enterprise software and technical startups. The firm tends to back products where product intuition and execution quality matter deeply.

How Operators Fund invests

Operators Fund is a vc firm based in San Francisco, California. The firm invests at the Pre-Seed, Seed stages, with a focus on SaaS, Enterprise, AI / ML.

Operators Fund typically writes checks of $250K–$1.0M per investment, backed by approximately $750M in assets under management. Our records include 1 fund raised by the firm.

Operators Fund has backed 1 company in our records, including Metavine.

Partners & Team

Joe Kraus

General Partner

enterprise software

Industry Focus

Invests In

SaaS

Enterprise

AI / ML

Funds

Operators Fund

$250M2021

investing

Recent Activity

Raised Operators Fund ($250M)

2021 · fund records

Portfolio Companies (1)

Other

Metavine

enterprise software

orchestration software that connects and extends IT assets to add strategic value to business systems

How to pitch Operators Fund

•Raising at Pre-Seed, Seed? You're squarely in their sweet spot.
•Lead with your fit in SaaS, Enterprise, AI / ML — the sectors they actively back.
•Size your ask to their typical $250K – $1.0M check.
•warm intro preferred
•Address your outreach to a specific partner, such as Joe Kraus, General Partner.
•A warm introduction beats a cold email. Get matched and request an intro.