Providing capital and collaboration to problem-obsessed founders.
Week 1: Initial meetings with investment team. We move quickly to vet if it's a strong fit or not within days.
Week 2: Diligence, data room, and working sessions with founders to better understand the company, product, and customer base.
Week 3: Term sheet outlining the deal terms and what a post-round relationship will look like together.
Week 4-6: Finalizing legals, recruiting co-investors, and closing the round.
Pre-seed: Working MVP, early users, pre-revenue, founders are working full-time.
Seed: Product in market, early customers/revenue (recurring or pilots), early set of power users.
Seed+/Series A: Existing revenue traction or material base of power users.
No, but we prefer to given our fund strategy. We are looking to lead or co-lead the majority of our investments, and will follow into rounds that we have a high conviction and strong relationship with the founders & lead investors.