Y Combinator alum launched a new $34M fund dedicated to YC startups, backed by Garry Tan

Wi -combinator may invest in startups Return return To investors.

“If you look at the data: 6% of the WAC companies become unicorn and 6% of them becomes decoring,” Kulvir Tagger told TechCrunch. Tagger is best known for establishing a former Zeus Living of Bi-Bar $ 150 million of fundsThe

Tagger is so confident in the continued return of the Religious Accelerator that he has established PhosphorAn initiative agency is fully dedicated to investing in WAC companies. Since the launch of last year, phosphors have collected $ 34 million in capital across two funds.

Although phosphor is not the only dedicated YC Fund operated by a single general partner – the only initiative is not the only initiative to focus on the appointment of Pioneer funds and rebel funds in similar strategies. And because of Tager’s long relationship with Waice, he also considered the YC CEO Gary Tan as a fund investor, he said.

Tagger’s relationship with the Wi -Cumbertor began in 2007 when he, his cousin Herj Tagger and future stripe founder Patrick and John Collison brought their startups, attribute through their program. Although Attackic was sold only a year later, the experience was the key to creating a strong connection to the top skin.

He went through the Wi -Combinator in the 21st, this time with Zeus Living, a startup that bought houses to provide houses with flexible conditions for business and personal travel. Primary Capital, Current YC Chief Gary Tan co-founded, led a fund and tan of Zeus Living Series Joining the boardThe

At the top of it, the startup was valuable Over 200 million dollars According to the tagger and about $ 120 million was the annual revenue run rate.

However Zeus was confronted Noted headwinds When interest rates have risen early in the decade and the startup was sold to the competitor Blueground for the undisclosed conditions at the end of 2023.

Tagger launched a phosphor a few months after leaving Zeus. He told TechCrunch that he was especially exalted by the opportunity to invest in young AI startups and the leadership of Gary Tan’s prestigious accelerator. “You can see it as a bet on Garry. I think he’s taking the Wi -combinator to the new level,” said Tagger.

Contrary to many Emerging directorThe relatively easy time of the tagger was to raise capital. Out of the tension, he says that his other LPs include Zeus investors. “They had a relationship with me and a track, so they knew me and they knew how hard I work,” he said.

Others include the family office and a large resource director who is betting on its deep connection and long -lasting relationships with the Wi -combinator.

“Kulvir can call the OG ex from the first day of the YC,” says Jared Fredman, a YC partner, Jared Fredman. “He’s near me and now with a lot of people who are running the YC now.”

The Tager’s background as a Fosfor draw for LPS as the former and a founder was a part of the draw and an advantage for the founders. Fredman said “Zeus was a really difficult organization to run. He has a lot of war marks from doing this difficult task in the physical world,” Fredman said. “I have heard from the founders that he has incredible sympathy for what they are doing, because he himself has crossed them.”

Phosphor wrote a check between $ 100,000 to $ 500,000. The firm has already supported more than 200 WAC companies, with several workflow automation platforms to raise funds in the series Gum And the AI ​​meeting manager CirclebackThe