Align Fund

Align Fund (align.fund) is a San Francisco early-stage venture capital fund whose General Partner is Philip Bogdanov — who concurrently works at OpenAI.

Profile

  • Stage / focus: Early-stage venture (seed). Public investor profiles list a seed/Venture-Capital focus across AI, fintech and adjacent sectors, with check sizes of roughly 3M (sweet spot ~$1M). ^[single-source: NFX Signal / InvestorHunt; not in SEC filings]
  • Vehicles (SEC Form D):
    • Align Fund 1, LP (CIK 0002049347) — Form D filed 2024-12-19; **2.33M sold at filing; 3(c)(1) Venture Capital / Pooled Investment Fund.
    • Align Fund 2, LP (CIK 0002110056) — Form D filed 2026-04-01; **8.23M sold; first sale 2026-03-11; Venture Capital / Pooled Investment Fund.
  • Location / address: San Francisco, CA — 630 Lombard Street, San Francisco, CA 94133 (per Fund 1 Form D issuer/GP address). Fund entities organized in Delaware.
  • Team / key people: GP Philip (Yurivech) Bogdanov (listed as “MP at Align” on NFX Signal). Management/GP entities of record: Align GP 1 LLC, Align GP 2 LLC, Align LLC / J. Align LLC (per Form D related-persons).
  • Naming note: This is distinct from Align Ventures (align.vc), an unrelated New York consumer/PE-principals firm founded 2018 — do not conflate. ^[ambiguous: similar name]

Fundraise Relationship (init.inc)

init.inc’s contact at Align Fund is Philip Bogdanov, who uses philip@align.fund as his investor identity. For init.inc he functions primarily as a connector / backchanneler (an intro source referenced on other CRM rows) rather than a committed check. The full connection and conversation history — meetings, the friends-and-family note, and his backchannel activity — lives on his page: see Philip Bogdanov.

  • Philip Bogdanov — GP of Align Fund; init.inc’s point of contact and connector