What We Invest In
Here are a few guidelines about what we look for when investing:
01
Addressing a real and meaningful problem
We invest in innovations that address critical problems for U.S. consumers, workers, and business owners. We don’t like trivial products or fads.
02
What industries do we invest in?
We invest in software companies in a broad range of industries.
If in doubt, please apply.
What industries we typically like:
If in doubt, please apply.
What industries we typically like:
- Enterprise solutions
- Digital health
- Future of work
- Fintech
- SaaS
- Industries that satisfy #1
What industries we don't invest in:
What industries we don't invest in:
- No hardware or physical products
- No vice (alcohol, gambling, controlled substances, etc.)
- No beauty, fashion, or CPG
- No dating
- No media
- No luxury offerings
- No e-commerce
- No pet apps
- No life science/biotech/pharmaceuticals
- No crypto, metaverse, or NFTs (Other blockchain implementations are ok.)
03
What stage do we invest?
We invest in pre-seed and seed stage companies.
We like to participate in rounds that are $2.5M or less with valuations/valuation caps that are $10M or less.
We like to participate in rounds that are $2.5M or less with valuations/valuation caps that are $10M or less.
04
Where do we invest?
We do not invest in companies based in the San Francisco Bay Area/Silicon Valley.
We do not currently invest in companies headquartered outside the U.S.
At the early stage, we understand that “headquarters” can be loosely defined. For our investment decisions, we define this by the business address filed with your local state government and/or where the founders are based.
We require incorporation in the U.S. with a preference for Delaware C-Corp.
If in doubt, please apply.
We do not currently invest in companies headquartered outside the U.S.
At the early stage, we understand that “headquarters” can be loosely defined. For our investment decisions, we define this by the business address filed with your local state government and/or where the founders are based.
We require incorporation in the U.S. with a preference for Delaware C-Corp.
If in doubt, please apply.
05
Who do we invest in?
We do not qualify or disqualify investment opportunities based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
Decisions are based on the market opportunity, traction, whether the business meets the above criteria (#1-5), and whether we believe the founding team brings the right skills to execute on the vision.
Decisions are based on the market opportunity, traction, whether the business meets the above criteria (#1-5), and whether we believe the founding team brings the right skills to execute on the vision.