Relentless closed its debut fund at over $80 million in 2026, founded by former Index Ventures partner Damir Becirovic with a concentrated, fast-decision seed strategy in New York.

Key facts

• Firm: Relentless
• Founded: 2026
• Fund size: $80M+ (Fund I)
• Focus: Seed-stage, concentrated portfolio
• Check size: $2–5M lead; up to $10M deployed in as few as 10 days
• Stage: Seed
• HQ: New York (West Coast presence)
• Founder: Damir Becirovic (Index Ventures Partner, 2020)

Early portfolio

DiligenceSquared (YC F25), Advocacy — Fund I is already actively deploying.

Investment philosophy

Relentless is built on the conviction that the best founders are doing their life’s work and deserve a partner who commits fully — taking the board seat, deploying quickly, and staying focused rather than building platform infrastructure.

Why this matters

Relentless represents the next wave of Index alumni spinning out concentrated seed funds in NYC — a pattern that mirrors Verified Capital (Coatue/Benchmark) and other operator-GP launches. The $80M+ close for a first-time fund signals strong LP appetite for proven track records over platform breadth.

Sources

1. Everything Startups profile: https://www.everythingstartups.com/vc-funds/relentless
2. Venture5 (June 2026 new funds): https://venture5.com/vc-moves/newsletters/wrapups/moves-in-vc-week-of-june-14-june-20/