Gutter Capital

Gutter Capital is a New York-based venture capital firm specializing in early-stage investments in software-driven businesses. Founded in 2017 by Dan Teran and James Gettinger, the firm focuses on mission-driven founders addressing critical societal challenges, including affordability, economic mobility, and climate change. Gutter Capital's investment strategy emphasizes sectors such as EdTech, GovTech, Marketplace, SaaS, and Small and Medium Businesses, with a particular interest in AI, IoT, Fintech, and Blockchain technologies. The firm typically invests between $1 million and $3 million in pre-seed and seed-stage companies, aiming to lead funding rounds and actively support portfolio companies through strategic guidance and talent acquisition. In March 2023, Gutter Capital closed its first fund, raising $25 million to support its investment activities. The fund attracted backing from notable investors, including Fred Wilson of Union Square Ventures, Hunter Walk and Satya Patel of Homebrew, and Eileen Murray, former Co-CEO of Bridgewater Group. The firm's portfolio includes companies like Forerunner, Den, and The Climate Choice, reflecting its commitment to addressing global challenges through innovative solutions. Gutter Capital's approach combines financial investment with hands-on support, leveraging the founders' operational experience to build strong teams and drive growth. Gutter Capital's founders, Dan Teran and James Gettinger, bring a wealth of experience to the firm. Teran previously founded Managed by Q, an office management platform, and sold it to WeWork in 2019. He later joined WeWork to lead global corporate development and ventures. Gettinger, a computer scientist and former professional gambler, has a background in developing software-driven processes for performance prediction. Together, they have built a network of operators, investors, and vendors to support their portfolio companies. Their commitment to diversity is evident, with 38% of their investments led by women, 48% by non-white founders, and 15% by Black or Latinx founders. This focus on diversity aligns with their mission to empower a broad range of entrepreneurs to tackle significant societal issues.