Startups have come to us when they are as small as 2-3 people with an idea. We are often the first investor for our startups. So, even if you don’t think you’re ready, we’d still like to get to know you.
We are usually the first institutional investors in our start-ups but we have worked with companies that have raised small rounds (<$200K) from accelerators or friends and families. A caveat here, if you have already raised a million or two, we are unlikely to be a fit.
No, we are a seed stage VC only, sorry!
While our investments historically have a slant towards AI-SaaS, developer tools, space technologies, and mobility, we are excited by a lot of other things too. If you’re building something new, we would want to hear from you even if it’s not one of the buckets our other start-ups fall in.
Our process is fairly standard with:
Cognizant of the founder's time, we keep our processes quick and transparent. We decide as a team at each stage and usually give you an answer in ~48 hours.
From here, we proceed with term sheets and due diligence processes.
Initial investment ranges between $100k to $500K although we have gone higher and lower.
We have been part of rounds ranging from $100K to $1M, which should last the startup up to 24 months.
We are serious about supporting our companies with follow-on investing and reserve 60% of our corpus for follow-on investments.
We are usually a lead in the first investment round, but we have also collaborated with co-investors in the past.
