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Resources related to raising capital from investors for startups and VC firms.
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Fundraising
6 Types of Pitch Decks and When You’ll Need Them
Mastering the art of the pitch is crucial for any startup founder. Whether seeking investment, landing new customers, or forming strategic partnerships, having the right pitch deck can make all the difference. In this article, we'll explore six essential types of pitch decks every startup needs, each tailored to different audiences and situations. Discover how to craft compelling decks that resonate and drive results, from elevator pitches to detailed investor presentations. Prepare to elevate your pitching game and ensure you're always prepared to impress. Reasons to Have Multiple Pitch Decks As a startup founder, you’ll find yourself pitching your business to various audiences with unique interests and needs. Relying on a single pitch deck for all these situations can be a major drawback. Here’s why having multiple pitch decks is crucial for your success: Tailoring Your Message: Different audiences care about different aspects of your business. Investors want to see your financials, market opportunity, and growth strategy. Potential partners are interested in synergies and shared goals, while customers focus on how your product solves their problems. A one-size-fits-all approach dilutes your message, making it less impactful. By creating tailored decks, you can emphasize the most relevant information for each audience. Maximizing Engagement: When your pitch resonates with the audience's specific concerns, you’re more likely to keep their attention and spark interest. A well-targeted pitch shows that you understand their priorities and have taken the time to address them directly. This level of personalization can significantly increase your chances of securing investment, partnerships, or sales. Building Credibility: A customized pitch deck demonstrates professionalism and preparedness. It signals your audience that you’re serious about your business and have done your homework. This can build trust and credibility, essential factors when persuading investors or partners to commit to your venture. Adapting to Different Scenarios: Pitching is not a one-time event. You’ll need to present your business in various contexts, from quick elevator pitches to detailed investor meetings and product demos. Each scenario requires a different approach. Multiple pitch decks allow you to be agile and adaptable, ready to impress no matter the situation. Related resource: Board Deck Types of Pitch Decks Your Team Should Prepare To navigate the diverse landscape of pitching scenarios, your startup needs a suite of specialized pitch decks. Each deck serves a unique purpose and is tailored to resonate with specific audiences. Tailoring your pitch is crucial because different stakeholders have different priorities and concerns. Preparing specific decks for various situations ensures that your message is always relevant, compelling, and impactful. Each pitch deck allows you to focus on the aspects that matter most to your audience, making your presentation more effective and persuasive. Here’s a brief introduction to the types of pitch decks your team should prepare: Elevator Pitch Deck: This concise deck is designed for quick, impromptu pitches, where you need to grab attention and spark interest within a few minutes. Investor Pitch Deck: Tailored for potential investors, this deck delves deep into your business model, market opportunity, financial projections, and growth strategy. Sales Pitch Deck: Created to persuade potential customers or clients, this deck highlights the benefits and features of your product or service. Partnership Pitch Deck: This deck focuses on forming strategic alliances by highlighting mutual benefits, synergies, and shared goals. Demo Pitch Deck: A highly visual and interactive deck, used to showcase your product in action, emphasizing its functionality and user experience. Customer Pitch Deck: Aimed at converting leads into customers, this deck addresses customer pain points and presents your solution convincingly. In the following sections, we’ll dive deeper into each type of pitch deck, exploring their purposes, key components, and when to use them. Elevator Pitch Deck Definition: An elevator pitch deck is a concise and highly focused presentation designed to quickly communicate the essence of your startup. It typically consists of a few slides and can be delivered in the time it takes to ride an elevator—around 30 seconds to 2 minutes. Purpose: The primary purpose of the elevator pitch deck is to grab the audience's attention and spark their interest in your startup. It serves as an introduction to your business, providing just enough information to make the listener want to learn more. Key Components: Introduction: A brief introduction to your startup, including the name and tagline. Problem Statement: A clear and concise explanation of the problem your startup addresses. Solution: An overview of your product or service and how it solves the problem. Value Proposition: A summary of the unique value your startup offers. Call to Action: A prompt for the next steps, such as setting up a meeting or requesting further information. When to Use It: The elevator pitch deck is ideal for impromptu or brief interactions where you have limited time to make an impression. This includes: Networking events Casual conversations with potential investors or partners Initial introductions at conferences or trade shows Any situation where you need to quickly convey the essence of your startup and pique interest By having a well-crafted elevator pitch deck ready, you can ensure that you’re always prepared to make a strong first impression, no matter how spontaneous the opportunity may be. Related resource: Teaser Deck Investor Pitch Deck Definition: An investor pitch deck is a detailed presentation designed to provide potential investors with a comprehensive overview of your startup. This deck delves into the critical aspects of your business, including your market opportunity, financial projections, and growth strategy. Purpose: The main purpose of the investor pitch deck is to secure funding from venture capitalists, angel investors, or other financial backers. It aims to convince investors that your startup is a viable and lucrative investment opportunity. Key Components: Introduction: Briefly introduce your startup, including its name and a compelling tagline. Problem Statement: Clearly articulate the problem your startup addresses and why it matters. Solution: Provide a detailed explanation of your product or service and how it solves the identified problem. Market Opportunity: Present data on the size of your target market, growth potential, and market trends. Business Model: Explain how your startup plans to make money, including revenue streams and pricing strategy. Traction: Showcase any early successes, such as user growth, sales figures, partnerships, or pilot projects. Competitive Analysis: Identify your main competitors and highlight your competitive advantages. Financial Projections: Provide detailed financial forecasts, including projected revenue, expenses, and profitability. Team: Introduce your core team members, emphasizing their expertise and relevant experience. Funding Requirements: Specify how much funding you are seeking and how you plan to use the capital. Call to Action: Encourage investors to take the next step, such as scheduling a follow-up meeting or conducting due diligence. When to Use It: The investor pitch deck is used during formal presentations to potential investors. This can occur in various settings, including: Venture capital pitch meetings Angel investor gatherings Startup accelerators and incubators Investment competitions and demo days By preparing a well-structured and persuasive investor pitch deck, you can effectively communicate the potential of your startup and attract the funding needed to scale and grow your business. Related resource: Seed Round Pitch Deck Sales Pitch Deck Definition: A sales pitch deck is a presentation designed to persuade potential customers or clients to purchase your product or service. It focuses on highlighting the value and benefits your offering brings to the customer, showcasing how it solves their specific problems. Purpose: The primary purpose of the sales pitch deck is to convert leads into paying customers by demonstrating the value and effectiveness of your product or service. It aims to build trust and convince the audience that your solution is the best fit for their needs. Key Components: Introduction: Briefly introduce your startup and what you offer, including a compelling tagline. Problem Statement: Clearly articulate the customer's pain points and the problems they are facing. Solution: Explain how your product or service addresses these pain points and solves the problem effectively. Value Proposition: Highlight the unique benefits and value your solution provides to the customer. Product Features: Provide a detailed overview of the key features and functionalities of your product or service. Customer Testimonials: Include testimonials or case studies from satisfied customers to build credibility and trust. Use Cases: Demonstrate how different customers or industries use your product to achieve specific outcomes. Pricing: Outline your pricing model and any available packages or options. Call to Action: Encourage the audience to take the next step, such as signing up for a demo, starting a trial, or making a purchase. When to Use It: The sales pitch deck is used during interactions with potential customers or clients. This includes: Sales meetings and presentations Product demonstrations Follow-up meetings after initial interest Trade shows and industry conferences By having a well-prepared sales pitch deck, you can effectively communicate the value of your product, address any concerns, and persuade potential customers to take action and make a purchase. Partnership Pitch Deck Definition: A partnership pitch deck is a presentation designed to secure strategic alliances with other businesses. It focuses on highlighting the mutual benefits of a partnership, emphasizing how collaboration can drive growth and achieve shared objectives. Purpose: The primary purpose of the partnership pitch deck is to persuade potential partners that a collaboration will be mutually beneficial. It aims to demonstrate how working together can create synergies, unlock new opportunities, and deliver value to both parties. Key Components: Introduction: Briefly introduce your startup and what you offer, including a compelling tagline. Partnership Opportunity: Clearly articulate the rationale for the partnership and the specific goals you aim to achieve together. Mutual Benefits: Highlight the key benefits for both parties, such as increased market reach, shared resources, and enhanced product offerings. Market Opportunity: Present data on the market size, growth potential, and how the partnership can capitalize on these opportunities. Value Proposition: Explain the unique value each partner brings to the table and how combining strengths can create a competitive advantage. Synergies: Identify areas where the partnership can create synergies, such as technology integration, distribution channels, or customer base expansion. Case Studies: Include examples of successful partnerships or collaborations that have yielded positive results. Implementation Plan: Outline a high-level plan for how the partnership will be executed, including key milestones and responsibilities. Call to Action: Encourage the potential partner to take the next step, such as setting up a detailed discussion or signing a memorandum of understanding (MOU). When to Use It: The partnership pitch deck is used during meetings with potential partners. This includes: Initial discussions with companies you want to collaborate with Negotiations to finalize partnership terms Presentations at industry events where strategic alliances are sought Follow-up meetings to refine partnership details By preparing a well-structured partnership pitch deck, you can effectively communicate the potential of the collaboration, address any concerns, and persuade potential partners to move forward with the partnership. Demo Pitch Deck Definition: A demo pitch deck is a highly visual and interactive presentation designed to showcase your product in action. It emphasizes the functionality, features, and user experience of your product through live demonstrations or detailed walkthroughs. Purpose: The primary purpose of the demo pitch deck is to demonstrate the capabilities and benefits of your product firsthand. It aims to give the audience a clear understanding of how the product works and how it can solve their specific problems or enhance their operations. Key Components: Introduction: Briefly introduce your startup and what you offer, setting the stage for the demo. Product Overview: Provide a high-level overview of your product, highlighting its main features and functionalities. Live Demonstration: Conduct a live demo or show a video walkthrough of your product in action, focusing on key use cases. User Interface: Highlight the user interface and user experience, demonstrating how intuitive and easy-to-use your product is. Key Features: Dive deeper into the standout features of your product and explain how they address specific customer needs. Use Cases: Present real-world examples or scenarios where your product has been successfully used to solve problems or improve processes. Customer Testimonials: Include testimonials or case studies from satisfied customers who have benefited from using your product. Call to Action: Encourage the audience to take the next step, such as signing up for a trial, requesting a personalized demo, or making a purchase. When to Use It: The demo pitch deck is used during product demonstrations and interactive presentations. This includes: Product demo meetings with potential customers or clients Trade shows and industry conferences where live demos are expected Sales presentations where the audience needs to see the product in action Webinars or online demos conducted for a broader audience By preparing a compelling demo pitch deck, you can effectively showcase the strengths of your product, engage your audience, and persuade potential customers of its value. Customer Pitch Deck Definition: A customer pitch deck is a presentation aimed at converting leads into paying customers. It focuses on addressing the specific pain points of potential customers and presenting your product or service as the ideal solution to their problems. Purpose: The primary purpose of the customer pitch deck is to persuade potential customers to purchase your product or service. It aims to build a strong case for why your offering is the best fit for their needs, highlighting the benefits and unique value propositions. Key Components: Introduction: Briefly introduce your startup and what you offer, setting the context for the presentation. Problem Statement: Clearly articulate the pain points and challenges faced by the customer that your product or service addresses. Solution: Explain how your product or service effectively solves these problems, highlighting its unique features and benefits. Value Proposition: Emphasize the unique value your product or service brings to the customer, differentiating it from competitors. Product Features: Provide a detailed overview of the key features and functionalities of your product or service. Customer Testimonials: Include testimonials or case studies from satisfied customers who have benefited from your offering. Use Cases: Present real-world examples or scenarios where your product has been successfully used to solve problems or improve processes. Pricing: Outline your pricing model and any available packages or options, making it easy for the customer to understand the cost. Call to Action: Encourage the audience to take the next step, such as signing up for a trial, requesting a demo, or making a purchase. When to Use It: The customer pitch deck is used during interactions with potential customers who are in the decision-making phase. This includes: Sales meetings and presentations Follow-up meetings after initial interest has been shown Product demonstrations tailored to specific customer needs Webinars or online presentations aimed at converting leads By preparing a compelling customer pitch deck, you can effectively communicate the value of your product, address any concerns, and persuade potential customers to take action and make a purchase. Get Templates, Tips, and Connect with Potential Investors with Visible Mastering the art of the pitch is essential for any startup founder. You can ensure your message resonates with each audience by preparing multiple tailored pitch decks—such as elevator, investor, sales, partnership, demo, and customer decks. This targeted approach maximizes engagement, builds credibility, and enhances your chances of achieving your business goals. Share your pitch deck confidently with Visible, a purpose-built platform for fundraising. Our pitch deck sharing tool is completely integrated with our fundraising CRM and investor updates platform. Founders can also leverage their brand by hosting decks from their own domain and highlighting brand colors. Try Visible free for 14 days and start strengthening your investor connections.
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Fundraising
17 Travel & Tourism VC Investors Who Can Fund Your Startup in 2024
Evolving Travel Trends and Market Analysis The pandemic not only gave rise to a new way of traveling but also changed how people want to travel, providing them with new opportunities. Investments in alternative accommodation startups and other businesses in this area have been on the rise, and this trend will continue. With remote work now an option for most people, new growth opportunities for coworking, coliving, and traveling have emerged. There are also new alternatives to Airbnb, such as Kindred, which offers travelers a members-only home exchange network where the community can swap or share their homes to travel for a fraction of the cost. Market Size and Growth The global travel and tourism market is showing robust growth post-pandemic. According to the World Travel & Tourism Council (WTTC), the sector is projected to grow by 5.8% annually over the next decade, reaching $8.6 trillion in 2024. This recovery is driven by pent-up demand, easing travel restrictions, and a growing middle class in emerging markets. Current Trends and Consumer Behavior The pandemic has significantly reshaped how people approach travel, leading to new preferences and expectations. As travel begins to rebound, businesses must adapt to these changes to effectively meet consumer demands and capitalize on emerging opportunities. Here’s a look at the key trends that are currently influencing consumer behavior in the travel and tourism industry. Flexible Booking Policies: The uncertainty caused by the pandemic has led to a high demand for flexible booking options. Travelers prefer refundable bookings and the ability to change travel plans without penalties. According to Expedia’s Travel Trends Report, flexible booking options are a top priority for 78% of travelers. Remote Work and Digital Nomadism: The shift to remote work has led to a surge in digital nomadism, with more people combining work and travel giving rise to “flexcations”. Combining work and leisure, travelers are choosing destinations where they can work remotely while enjoying a vacation. This trend has led to an increase in demand for long-term rentals and accommodations with work-friendly amenities. Experiential Travel: There’s a growing preference for experiential travel, where travelers seek unique, immersive experiences rather than traditional sightseeing. This includes activities like culinary tours, cultural workshops, and adventure travel. Skift’s Megatrends 2023 report highlights that travelers increasingly seek personalized and authentic experiences that allow them to connect with local cultures and communities. Personalized Travel: Travelers are also looking for personalized travel experiences that cater to their individual preferences and interests. This includes tailored itineraries, unique accommodations, and bespoke tours. Technology-Driven Travel: The use of technology to enhance the travel experience is on the rise. This includes mobile check-ins, digital payment options, and virtual tours. Travelers rely heavily on apps and online platforms for booking, navigating destinations, and accessing travel information. The integration of AI and machine learning in these platforms helps in providing personalized recommendations and seamless travel planning. Sustainable Tourism: Sustainable tourism has gained significant traction as travelers become more environmentally conscious. Eco-friendly accommodations, carbon offset programs, and sustainable travel practices are in high demand. According to a report by Booking.com, 83% of global travelers think sustainable travel is vital, and 61% say the pandemic has made them want to travel more sustainably in the future. Future Outlook: Technological Advancements Shaping the Travel and Tourism Industry Rapid technological advancements and evolving consumer preferences will shape the future of the travel and tourism industry. For startups in this space, staying ahead of these changes is key to maintaining a competitive edge and meeting the needs of modern travelers. Here’s a look at what’s on the horizon. Blockchain Technology Enhanced Security and Transparency Blockchain can revolutionize travel by providing secure and transparent transactions. It can improve the accuracy of booking systems, reduce fraud, and enhance data security. For example, blockchain can be used for secure identity verification and streamlining payments and loyalty programs. Decentralized Travel Platforms Startups can leverage blockchain to create decentralized travel platforms, reducing reliance on intermediaries and lowering costs for travelers. Companies like Winding Tree are already pioneering decentralized travel marketplaces, allowing direct transactions between suppliers and consumers . Artificial Intelligence (AI) Personalized Travel Experiences AI can analyze vast amounts of data to provide personalized travel recommendations and experiences. Chatbots and virtual assistants powered by AI can offer 24/7 customer service, helping travelers with bookings, itinerary changes, and travel advice. Operational Efficiency AI can optimize operations for travel businesses by predicting demand, managing inventory, and automating repetitive tasks. For instance, AI-driven analytics can help airlines and hotels forecast occupancy rates and adjust pricing strategies in real-time. Virtual Reality (VR) and Augmented Reality (AR) Immersive Pre-Travel Experiences VR and AR technologies can offer immersive previews of travel destinations, helping travelers make informed decisions. VR tours of hotels, attractions, and destinations can enhance the booking process. Enhanced On-Site Experiences AR can enhance travelers’ experiences at destinations by providing interactive guides, real-time language translation, and augmented reality tours. For example, AR apps can overlay historical information and directions onto real-world environments, enriching the travel experience. Internet of Things (IoT) Connected Travel IoT can create a seamless travel experience by connecting various devices and services. Smart luggage that tracks its location, hotel rooms that adjust settings based on guest preferences, and connected transportation systems are some examples. Operational Improvements IoT can help travel businesses monitor equipment performance, manage energy usage, and enhance guest safety and convenience. For instance, airports can use IoT to track baggage and improve security systems. Journey Ventures Location: Israel About: Journey Ventures is a multi-stage VC dedicated to the booming Travel Tech industry. Travel is one of the world’s fastest-growing sectors. Travel startups of the last few years have already disrupted some of the largest sectors in our industry, a momentum we expect to continue. This large market of ever-increasing Travel Tech offerings is ready for smart investments, and Journey Ventures is an expert in the field. Thesis: Our goal is to develop a portfolio of Israeli and international companies specializing in the fields of tourism, travel Tech and the hotel industry that have reached an advanced stage of technological development. Investment Stages: Pre-seed, Seed, Series A, Series B, Series C Recent Investments: Wenrix UpStay Roomerang LTD Related Resource: 9 Active Venture Capital Firms in Israel MairDuMont Ventures Location: Stuttgart, Germany About: MAIRDUMONT VENTURES is the venture capital arm of the MAIRDUMONT Group and has been supporting digital travel companies in their future growth since 2015. MAIRDUMONT VENTURES uses its unique sector focus “Travel” to dive deeply into different business models and to evaluate potentials together with our portfolio companies. We have extensive know-how and can leverage the huge network of the MAIRDUMONT Group – with well-known brands such as Marco Polo, DuMont, Baedeker, Kompass or Falk – to offer our portfolio companies not only financial resources, but also strategic and operational support. We invest in fast-growing, early-stage and innovative companies that revolutionize travel. These can be solutions for end customers (B2C) as well as business customers (B2B). Recent Investments: zizoo holidu Paul Camper Related Resource: 8 Active Venture Capital Firms in Germany JetBlue Technology Ventures Location: San Carlos, California, United States About: JetBlue Technology Ventures invests in and partners with early stage technology startups improving the future of travel and hospitality. Thesis: We invest in and partner with early stage startups improving travel and hospitality. Investment Stages: Seed, Series A, Series B, Growth Recent Investments: NLX FLYR Labs Bizly 500 Startups Location: Mountain View, California, United States About: 500 Startups is a global venture capital firm with a network of startup programs headquartered in Silicon Valley. Thesis: Uplifting people and economies through entrepreneurship Investment Stages: Seed, Series A Recent Investments: Tripoto Wandero Flightfox Fifth Wall Location: Venice, California, United States About: At Fifth Wall we are pioneering an advisory-based approach to venture capital. Full-service, integrated, operationally aligned. We are the first and largest venture capital firm advising corporates on and investing in Built World technology. Our strategic focus, multidisciplinary expertise, and global network provide unique insights and unparalleled access to transformational opportunities. Investment Stages: Seed, Series A, Series B Recent Investments: Loft Flyhomes Smart Rent Thayer Ventures Location: Valencia, California, United States About: Thayer Ventures invests in Travel Technology. Thesis: We invest in early-stage travel and transportation technology. Investment Stages: Seed, Series A Recent Investments: Beekeeper Snapcommerce Swiftmile Structure Capital Location: San Francisco, California, United States About: Structure Capital help passionate teams build great companies by investing seed-stage capital, time, experience and relationships. Investment Stages: Seed, Series A, Series B, Growth Recent Investments: Sonder CANOPY Unbabel Portugal Ventures Location: Porto, Lisboa, Portugal About: Portugal Ventures is a venture capital firm that invests in seed rounds of Portuguese startups in tech, life sciences, and tourism. Thesis: We invest in companies in the seed and early stages operating in the digital, engineering & manufacturing, life sciences and tourism sectors. Investment Stages: Pre-Seed, Seed, Series A Recent Investments: DefinedCrowd Relive Sleep & Nature aws Gründerfonds Location: Vienna, Wien, Austria About: Venture Capital for Ideas and Innovations aws Founders Fund invests venture capital during the start-up and early growth phase of Austrian start-ups. We offer support for your future (financial) plans as a long-term investor and partner and believe in the additional value of co-investments. Investment Stages: Seed, Series A, Series B Recent Investments: Innerspace Rendity CheckYeti.com VentureFriends Location: Athens, Attiki, Greece About: VC fund based in Athens but investing across Europe, we focus on FinTech, Travel, PropTech, B2C & Marketplaces. We are entrepreneurial investors, with strong experience, network and track record. We have been entrepreneurs, founders, worked at startups or angel investors in early stages and have a founder first & value driven approach Thesis: We are entrepreneurial investors who love to support startups and help them become impactful companies with a worldwide presence. Investment Stages: Seed, Series A, Series B, Series C, Growth Recent Investments: Blueground Home Made Welcome Pickups Travel Impact Lab Location: Utrecht, Netherlands About: Travel Impact Lab helps start-ups to get started and sets existing travel organizations in motion. Investment Stages: Accelerator Travel Capitalist Ventures Location: Irvine, California, United States About: Travel focused Venture Capital and Private Equity Investor. Thesis: We identify, invest and help travel companies rapidly and sustainably expand. Investment Stages: Seed, Series A, Growth Recent Investments: Jetsmart Voopter Guiddoo Alstin Capital Location: Munich, Bayern, Germany About: Alstin Capital is an independent venture capital fund based in Munich. We invest in rapidly growing technology companies that have the potential to leverage the significant market potential of the future and become market leaders. We not only invest in convincing technology, but above all in the entrepreneurs behind the technology. We support our entrepreneurs with capital and know-how so that they can grow faster and more successfully. Our investment is based on the conviction that entrepreneurial know-how, many years of transaction experience, international networks and sales excellence are the success factors for sustainable growth. Our team brings a variety of complementary strengths to help make any investment a success. Investment Stages: Seed, Series A, Series B Recent Investments: Pilant Neodigital Circula TruVenturo Location: Hamburg, Germany About: We believe venture capital will make the best returns if you invest in the big future markets. Therefore we are strong believers in Tech (managed by Norbert Beck), Brain Computer Interface (managed by Florian Haupt) and pharma to prevent age related disease and prolong healthy human lifespan managed by Nils Regge with the investment vehicle Apollo.vc. Investment Stages: Seed, Series A, Series B Recent Investments: Dreamlines HAPPYCAR DreamCheaper Howzat Partners Location: London, England, United Kingdom About: We are looking to invest in and build internet businesses that have a “HOWZAT” factor. This may sound a little trite; but we see major changes caused by the internet and the opportunities are genuinely exciting. The right idea; the right business; the right time; should generate the “HOWZAT” feeling. David felt it when he came across Cheapflights and was involved in acquiring the Company in 2000. We are seeking the same feeling again in the investments we make. Investment Stages: Seed, Series A Recent Investments: Trivago LODGIFY otelz.com Slow Ventures Location: San Francisco, California, United States About :Slow Ventures invests in companies central to the technology industry and those on the edges of science, society, and culture. Thesis: Slow Ventures invests in companies central to the technology industry and those on the edges of science, society, and culture. Investment Stages: Seed, Series A Recent Investments: Scout Vamo Hipcamp Hangar 51 Location: London, England, United Kingdom About: We are the innovation team at International Airlines Group, one of the world’s largest airline groups and home to iconic brands in the UK, Spain and Ireland. We are on a mission to transform aviation, helping test and scale high impact emerging technologies across our group. We scout for and partner with leading entrepreneurs to fund, support and scale solutions with the potential to transform the way we do things. Investment Stages: Pre-Seed, Seed, Series A, Series B Recent Investments: ZeroAvia Monese Esplorio Start Your Next Round with Visible We believe great outcomes happen when founders forge relationships with investors and potential investors. We created our Connect Investor Database to help you in the first step of this journey. Instead of wasting time trying to figure out investor fit and profile for their given stage and industry, we created filters allowing you to find VC’s and accelerators who are looking to invest in companies like you. Check out all our D2C investors here and e-commerce here. After learning more about them with the profile information and resources given you can reach out to them with a tailored email. To help craft that first email check out 5 Strategies for Cold Emailing Potential Investors. After finding the right Investor you can create a personalized investor database with Visible. Combine qualified investors from Visible Connect with your own investor lists to share targeted Updates, decks, and dashboards. Start your free trial here.
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Fundraising
The Rise of Venture Capital in Utah: A Look at Utah’s Top 14 VC Firms
Utah has rapidly emerged as a thriving hub for startups and venture capital, offering a fertile ground for entrepreneurial innovation and investment. The state's robust tech ecosystem, often referred to as the "Silicon Slopes," is home to a dynamic community of founders and investors driving significant growth and innovation. Venture capital in Utah has seen remarkable expansion, with a growing number of VC firms providing critical funding and support to early-stage companies. This vibrant startup scene is supported by a strong network of accelerators, incubators, and resources that make Utah an attractive destination for entrepreneurs seeking to launch and scale their ventures . Venture Capital in Utah At Visible, we often compare venture capital fundraise to a traditional B2B sales and marketing funnel. At the top of your fundraising funnel, you are bringing in qualified investors via warm and cold outreach. In the middle of your fundraising funnel, you are nurturing potential investors with pitch decks, meetings, and email updates. At the bottom of your fundraising funnel, you are hopefully closing new investors (and delighting them with regular updates). Related Resource: How to Find Venture Capital to Fund Your Startup: 5 Methods Just as a sales and marketing funnel starts with qualified leads, so should a fundraising funnel. For some companies, this might mean looking for local investors — for founders in Utah, check out a list of venture capitalists in the area below: 1. Park City Angels As put by their team, “The Park City Angels are a group of 40+ accredited investors located in Park City, Utah. We look to invest in promising opportunities that can produce significant shareholder return. The active lifestyle of Park City has attracted many dynamic and successful business leaders that have deep experience in building world class businesses. We facilitate unique, high-caliber networking and development forums for angel investors and mentors involved in early-stage investment.” Focus and industry: The Park City Angels team lays out their focus directly on their website, “We are most interested in companies that have valuations from $4MM to $6MM, have a reasonable likelihood of reaching $30MM in sales within 5 years, and can get to cash flow break-even within the next year or two.” Funding stage: Park City Angels is focused on companies with valuations between $4M and $6M The team at Park City Angels generally focuses on companies in Utah but is open to investing in companies across the country. Some of their most popular investments include: Lula High West Distillery Allgood Provisions Location: Park City, UT Related Resource: VCs Investing In Food & Bev Startups 2. EPIC Ventures As put by their team, “EPIC Ventures is a premier early-stage software and Internet infrastructure venture firm whose mission is to back entrepreneurs and companies positioned to lead the information economy of tomorrow. We bring the collective operational and financial experience of our partnership, our world-class advisors, and our extensive network of technology industry contacts to engage and ensure our portfolio’s success.” Focus and industry: The team at EPIC Ventures does not state an industry focus. Funding stage: The team at EPIC Ventures is focused on early-stage investments. EPIC Ventures invests in companies in Utah and the greater northwest in the United States. EPIC Ventures has invested across four funds. Some of their most popular investments include: Ancestory Manscaped Zenefits Location: Salt Lake City, UT Related Resource: A Quick Overview on VC Fund Structure 3. RenewableTech Ventures As put by their team, “RenewableTech Ventures is committed to creating exceptional returns for both the entrepreneurs we invest in and our fund investors. These exceptional returns are achieved by investing in early-stage innovations in energy, clean technology, green materials, and other clean technologies. Our investment activity is focused in Canada and the United States, with a specific focus on regions that are underserved by venture capital.” Focus and industry: The team at RenewableTech is focused on companies’ innovation in the energy, clean technology, and green technology space. Funding stage: RenewableTech Ventures is focused on early-stage investments. As put by their team, “​​RenewableTech Ventures provides capital, market intelligence, active board representation and an exceptional international network of industry contacts, technology leaders and co-investors.” They are focused on investing in the US/Canada, particularly in regions that are traditionally underserved by venture capital. Check out a few of their most popular investments below: Solid Carbon Products Consolidated Energy Systems Voila Mattress Location: Salt Lake City – Vancouver 4. Kickstart Fund Kickstart Fund is a seed-stage venture capital firm based in Salt Lake City, UT. Kickstart’s mission is to fuel the best companies in the Mountain West by providing smart capital, a connected community, and expert guidance. Since raising its first fund in 2008, Kickstart has invested in more than 150 companies. Focus and industry: As put by their team, “We’re industry agnostic and have invested in SaaS, consumer, marketplace, and healthcare startups.” Funding stage: Kickstart is focused on seed investing The team at Kickstart has invested in 150+ companies and has become synonymous with seed investing in the western US. Kickstart traditionally writes checks between $250k and $2M. The team is largely focused on investing in companies located in Utah, Colorado, and the Mountain West. Check out a few of their most popular investments below: Stance CloudApp Cotopaxi Location: Cottonwood Heights, Utah 5. Cross Creek Cross Creek seeks to invest in later stage companies through its direct and fund investment strategy. Funding Stage: Series C, Growth Location: Salt Lake City, UT 6. Pelion As put by their team, “Since 1986, Pelion Venture Partners has been helping entrepreneurs turn early-stage concepts into tomorrow’s industry-leading companies. The Pelion team has deep and diverse industry and investment experience. We are hands-on in our approach and work collaboratively on each portfolio company over the life of an investment.” Focus and industry: Pelion is agnostic in their investment focus Funding stage: Pelion is focused on early-stage investments The team at Pelion has been investing since 1986 so it is fair to say that they know their way around the Utah venture capital space. Some of their most popular investments include: BigPanda Owlet Divvy Location: Salt Lake City, UT 7. Mercato As put by their team, “Mercato has built its success by providing entrepreneurs with the capital and resources they require to effectively scale their businesses. Over time, we have become expert growth investors with firsthand knowledge of what organizations really need to be successful.” Focus and industry: The team at Mercato invests across 4 funds — each with a different focus and stage as shown below: Funding stage: Mercato invests across many stages depending on the fund As mentioned above, Mercato has 4 specific funds. Each fund gives them the opportunity to invest in different stages or markets. For the sake of this post we will take a look at their “Prelude Venture Fund.” As they put it, ‘Prelude companies have demonstrated product-market-fit and have deep customer relations obtained through product leadership and nimble execution.” A few of Prelude’s most popular investments include: Cotopaxi Blip Bluematador Location: Cottonwood Heights, UT 8. Zetta Venture Partners As put by their team, “At Zetta Venture Partners, it’s our mission to help technical founders turn machine learning models into market-leading companies. We were the first VC firm exclusively focused on identifying and supporting AI-driven, B2B businesses.” Focus and industry: Zetta Venture Partners is focused on AI-first startups Related Resource: How AI Can Support Startups & Investors + VCs Investing in AI Funding stage: The team at Zetta Venture Partners leads pre-seed and seed rounds. Zetta Venture Partners launched their first fund in 2015 and has been hyper-focused on AI startups since. Zetta believes that AI startups are different than traditional software companies and are well-suited to help technical founders in the space. Some of their most popular investments include: Clearbit Domo Tractable Location: New York – San Francisco – Utah 9. Signal Peak Ventures As put by their team, “Signal Peak is a private equity and venture capital firm with more than $500 million of committed capital under management. The firm focuses on making equity investments in early-stage technology companies in emerging markets. Signal Peak is typically a SaaS investor targeting companies with differentiated and disruptive business models, exceptional management teams, and large addressable markets.” Focus and industry: Signal Peak typically targets SaaS companies Funding stage: Signal Peak is focused on early-stage companies Signal Peak is focused on investing in technology companies across the United States. Some of their most popular investments include: Degreed Slate Hivewire Location: Salt Lake City, UT 10. Peterson Ventures As put by the team at Peterson Ventures, “We get it, building a business is hard. With us you get a dedicated partner you can trust, no matter what. And when you need it, we’re a counselor without a co-pay. We help you go from Seed to Series A by investing in your seed round, introducing you to our network of CEO’s and advisors, improving your metrics, focusing your strategy when the time is right, introducing you to some of the best investors around for your next round of funding.” Focus and industry: Peterson Ventures is focused on companies in digital commerce and SaaS Funding stage: Peterson Ventures is focused on seed and early-stage startups The team at Peterson invests in the people behind a business. They believe in building long-lasting relationships with their entrepreneurs. A few of their most popular investments include: Allbirds Bonobos Cotopaxi Location: Salt Lake City, UT 11. Album VC Album VC, originally known as Peak Ventures, is a well-regarded venture capital firm based in Utah that focuses on investing in early-stage technology companies. Established by seasoned entrepreneurs John Mayfield and Curt Roberts, Album VC rebranded in 2019 to better reflect its mission of amplifying the stories of the companies they back. The firm is known for its founder-friendly approach, providing not only capital but also extensive mentorship and strategic support. Album VC has a strong track record of helping startups achieve significant growth and success, making it a valuable partner for entrepreneurs looking to scale their businesses. Focus and industry: The primarily focus is on early-stage investments across a wide range of industries. They have a particular interest in sectors such as software, consumer internet, and enterprise technology. Their portfolio includes companies that are pushing the boundaries of innovation and transforming their respective industries. Founders in these sectors can expect Album VC to bring not only capital but also strategic guidance and valuable industry connections. Funding stage: Album VC typically invests in Seed and Series A rounds, offering initial checks ranging from $500,000 to $5 million. They aim to support startups from their earliest stages of development, providing the necessary resources to scale and succeed. Album VC’s investment strategy is tailored to help companies navigate the critical phases of growth, ensuring they have the support needed to achieve their milestones. Location: Lehi, Utah 12. Tamarak Capital Tamarak Capital is a dynamic venture capital firm dedicated to nurturing early-stage startups with high growth potential. With a mission to accelerate the development of innovative companies, Tamarak Capital combines financial investment with strategic mentorship to help founders build successful businesses. The firm prides itself on its collaborative approach, working closely with entrepreneurs to provide the guidance and resources needed to achieve their goals. Focus and industry: Tamarak Capital primarily focuses on investing in technology-driven industries. Their areas of interest include software, hardware, consumer products, and healthcare technology. Funding stage: Tamarak typically invests in Seed and Series A rounds, with initial investments ranging from $500,000 to $2 million. Their goal is to support startups at the early stages of their development, providing the capital and expertise necessary to help them scale. Location: Springville, Utah 13. StartStudio StartStudio is an innovative venture capital firm based in Utah, dedicated to transforming early-stage startups into successful, scalable businesses. With a unique approach that blends investment with hands-on incubation, StartStudio works closely with founders to develop their ideas and bring them to market. Their team of experienced entrepreneurs and investors provides comprehensive support, including mentorship, strategic guidance, and operational assistance, making StartStudio a valuable partner for ambitious startups looking to accelerate their growth. Focus and industry: StartStudio primarily focuses on technology-driven industries, with a strong emphasis on software, mobile applications, and digital platforms. Funding stage: StartStudio typically invests in pre-seed and seed-stage companies, with an initial investment of $100,000. Their investment strategy is designed to provide early-stage startups with the critical funding they need to develop their products, validate their business models, and prepare for subsequent funding rounds. Location: Provo, Utah 14. Royal Street Ventures Royal Street Ventures' philosophy is centered on collaboration and long-term partnership. It offers both financial backing and strategic mentorship to early-stage companies. The team comprises seasoned investors and industry experts who work closely with founders to provide the resources and guidance necessary for scaling their businesses and achieving market success. Focus and industry: They invest in companies focused on creating scalable, tech-enabled solutions to real-world problems from the Midwest to the Pacific U.S. Funding stage: Typically, they invest in early-stage and seed rounds, with initial investments ranging from $250,000 to $2 million. Location: Park City, Utah Find investors in Utah with Visible As we mentioned at the start of this post, we often compare a venture capital fundraise to a traditional sales and marketing funnel. Just as a sales and marketing team has dedicated tools, shouldn’t a founder manage their investors? With Visible you can manage every part of your fundraising funnel: Find investors with Visible Connect, our free investor database, at the top of your funnel Track your conversations with our Fundraising CRM Nurture them with our Pitch Deck sharing tool Work through due diligence with our Data Room tool Delight them with regular investor Updates Give Visible a free try for 14 days here →
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12+ Cannabis Venture Capital Investors to Know in 2024
Cannabis Legal Landscape in 2024 Staying informed about legal developments is crucial for cannabis founders as they navigate the complex and rapidly changing landscape. Understanding the legal environment will help them make strategic decisions, ensure compliance, and capitalize on new opportunities as they arise. Current State of Cannabis Legalization in the U.S. As of 2024, the legal landscape for cannabis in the United States continues to evolve rapidly. Over 20 states have fully legalized cannabis for both medicinal and recreational use, reflecting a growing acceptance and normalization of cannabis across the country. Notably, states such as New York, Virginia, and Connecticut have recently implemented adult-use cannabis programs, adding to the momentum. Federal Status: Cannabis remains illegal at the federal level, classified as a Schedule I substance under the Controlled Substances Act. However, there have been significant legislative efforts to change this. The MORE Act (Marijuana Opportunity Reinvestment and Expungement Act) and the SAFE Banking Act (Secure and Fair Enforcement Banking Act) have gained traction in Congress, aiming to decriminalize cannabis and provide a safer, more accessible financial environment for cannabis businesses. State-by-State Variation: Despite federal prohibition, individual states have continued to pass their own cannabis laws. This patchwork of regulations creates a complex legal environment for cannabis businesses operating across state lines. Entrepreneurs must navigate varying requirements for licensing, taxation, and compliance. Global Cannabis Legalization Internationally, the movement toward cannabis legalization is gaining significant ground. Several countries have either decriminalized cannabis or established legal frameworks for its medicinal and recreational use. Canada: As one of the first countries to legalize recreational cannabis nationwide in 2018, Canada continues to lead in both market development and regulatory structure. Europe: European countries like Germany and Luxembourg are in the process of implementing comprehensive cannabis legalization measures. Germany, in particular, is poised to become the largest legal cannabis market in Europe. Latin America: Countries such as Mexico and Colombia have made strides in legalizing and regulating cannabis, with Mexico expected to finalize its legalization framework soon. Asia: While most Asian countries maintain strict cannabis laws, Thailand has emerged as a regional pioneer by legalizing medical cannabis and considering broader reforms. Significant Changes and Expected Upcoming Legislation U.S. Federal Reform: The potential for federal cannabis reform in the U.S. remains a key area of focus. The passage of bills like the MORE Act and SAFE Banking Act could significantly alter the landscape, offering greater protections and opportunities for cannabis businesses. Interstate Commerce: As more states legalize cannabis, the conversation around interstate commerce is heating up. Allowing cannabis products to move freely between states could open up new markets and reduce costs, but it would require significant regulatory adjustments. Social Equity Programs: There is a growing emphasis on social equity in cannabis legislation. Many states are implementing or enhancing programs designed to ensure that communities disproportionately affected by the War on Drugs have access to opportunities in the legal cannabis market. Global Harmonization: On the global stage, there is an increasing push towards harmonizing cannabis regulations to facilitate international trade and research. This could lead to more consistent standards and practices across countries, benefiting businesses that operate internationally. Cannabis Market Growth and Projections The cannabis industry continues to experience rapid growth, driven by increasing legalization, evolving consumer preferences, and technological advancements. As of 2024, the global cannabis market is projected to reach significant milestones, with substantial growth expected in the coming years. Related Resources: 8 Cannabis Startups With High Growth Potential Market Size and Growth Projections Global Market: The global cannabis market was valued at approximately $43.72 billion in 2022 and is expected to grow to $57.18 billion in 2023. By 2030, the market is projected to reach $444.34 billion, reflecting a compound annual growth rate (CAGR) of 34.03%​​. U.S. Market: In the United States, the cannabis market is anticipated to grow from $13.2 billion in 2022 to around $40.1 billion by 2030, with a CAGR of 14.2%​​. Retail cannabis sales in the U.S. could reach $53.5 billion by 2027​​. Key Trends Shaping the Industry Technological Advancements: Integrating blockchain and artificial intelligence (AI) is expected to revolutionize supply chain management and compliance tracking in the cannabis industry​​. Additionally, personalized cannabis products are gaining traction as consumers seek tailored experiences and products that meet their specific needs. Product Innovation: The trend toward innovative and diverse cannabis products continues to grow. Products such as pre-rolls, edibles, oils, and topicals are becoming increasingly popular. The market for CBD-infused products, including beverages and skincare items, is also expanding rapidly​​​​. Price Compression: Competitive pricing among cannabis brands and retailers has led to significant price declines since 2021. This trend has forced brands to consolidate and adapt to maintain profitability in a highly competitive market​​. Consumer Demographics: Millennials are currently the largest demographic of cannabis consumers in the U.S., capturing nearly 46.2% of all cannabis sales. However, Gen Z is the fastest-growing group, indicating a shift in consumer dynamics and preferences​​. Medical and Recreational Use: The medical marijuana segment continues to dominate the market, accounting for a significant share of revenue due to its acceptance for treating chronic conditions such as cancer, epilepsy, and anxiety. The recreational cannabis segment is also growing rapidly, driven by increased legalization and consumer acceptance​​. Future Outlook The cannabis industry is poised for continued growth and evolution in the coming years. Key factors influencing this growth include: Legalization Trends: More U.S. states and countries worldwide are expected to legalize cannabis for both medical and recreational use, contributing to market expansion and increased consumer access​​. Social Equity Initiatives: There is a growing emphasis on social equity programs designed to support marginalized communities and promote diversity within the cannabis industry​​. Sustainability: Environmental sustainability is becoming a critical focus, with many cannabis companies adopting eco-friendly practices to meet consumer demand and regulatory requirements​​. Emerging Investment Trends in Cannabis As the cannabis industry continues to expand, several emerging investment trends are shaping its future. Investors are increasingly focusing on technological advancements that enhance efficiency and transparency, innovative health and wellness products that cater to growing consumer demand, and sustainable practices that ensure environmental responsibility. Tech Integration Technology is increasingly vital in the cannabis industry, driving advancements across various segments, including cultivation, processing, distribution, and retail. Cultivation: Advanced technologies such as precision agriculture, including sensors and drones, are optimizing cannabis cultivation. These technologies help monitor soil health, moisture levels, and plant growth, allowing for better crop management and higher yields​​. Processing: Innovations in extraction techniques, such as supercritical CO2 extraction, are enhancing the efficiency and quality of cannabinoid extraction processes. This results in purer products and reduces the use of harmful solvents​​. Distribution: Blockchain technology is being implemented to enhance transparency and traceability in the supply chain. Tracking each stage, from seed to sale​​​​, ensures product authenticity and safety. Retail: AI and machine learning are transforming the retail landscape by enabling personalized customer experiences. Predictive analytics help retailers stock the right products and offer personalized recommendations, enhancing customer satisfaction​​. Health and Wellness The health and wellness sector is witnessing a significant rise in the use of cannabis products, driven by growing consumer awareness and acceptance of their medicinal benefits. CBD Products: CBD, known for its non-psychoactive properties, is increasingly being used to treat conditions such as anxiety, epilepsy, and chronic pain. The FDA-approved drug Epidiolex, which contains CBD, is used to treat seizures associated with Lennox-Gastaut Syndrome​​​​. THC and Other Cannabinoids: THC, although psychoactive, is recognized for its therapeutic benefits, including pain relief and appetite stimulation. The development of THC-based products, such as Sativex, is aimed at treating multiple sclerosis and other conditions​​​​. Wellness Products: The integration of cannabis into wellness products such as topicals, tinctures, and edibles is growing. These products are marketed for their potential to provide relief from muscle soreness, inflammation, and stress, contributing to overall wellness​​​​. Sustainability Sustainability is becoming a critical focus in the cannabis industry as companies and consumers prioritize environmentally friendly practices. Eco-Friendly Cultivation: Sustainable cultivation practices include organic growing methods, water recycling systems, and energy-efficient lighting. These practices reduce the environmental impact of cannabis farming​​. Packaging Innovations: There is a growing trend towards sustainable packaging solutions to reduce waste. Companies are adopting biodegradable and recyclable packaging materials to minimize their carbon footprint​​. Corporate Responsibility: Many cannabis companies are implementing corporate social responsibility (CSR) initiatives focusing on sustainability. These initiatives include reducing greenhouse gas emissions, supporting local communities, and promoting social equity in the industry​​​​. Venture Capital Firms Making Cannabis Investments When fundraising, it is crucial that founders spend time communicating with and pitching the right investors. To help founders get a start with finding cannabis investors, we used our free investor database, Visible Connect, to find 12+ investors below: KEY Investment Partners KEY is a Denver-based capital venture firm positioned in the most established market of US cannabis. In addition to their +38 years of investing experience, KEY Investment Partners also produces a cannabis-focused blog (found HERE), which gives insight into current events impacting the legal cannabis industry. Base Ventures Base Ventures is a Berkeley, CA-based venture fund led by Erik Moore. Base Ventures is a seed-stage fund that invests across all verticals of tech companies — with a % of those being in cannabis companies. Erik and his team have made over 100 venture investments with the most recent cannabis investment being in late 2019. Entourage Effect Capital Entourage Effect is one of the largest players in the cannabis industry. They have allocated over $200M into 65+ companies since 2014. Their three managing partners, Matt Hawkins, Andy Sturner, and Dov Szapiro, have a combined 65+ years of venture experience and are not planning on slowing down anytime soon. HALLEY Venture Partners HALLEY Venture Partners has been focused on the cannabis sector for the past five years. The San Francisco-based firm is led by Steve Schuman, who has over 17 years of private and public equity experience, ranging across agriculture, technology, and manufacturing. HALLEY is heavily geared toward the technology sector of cannabis and is looking to build highly-scalable businesses. Related Resource: 14 Venture Capital Firms in Silicon Valley Driving Startup Growth Green Lion Partners Green Lion Partners looks to invest in early-stage ventures throughout the entire cannabis industry. The Denver-based business, founded by Jeffrey Zucker and Michael Bologna, looks to “elevate public perception of the cannabis industry.” Salveo Capital Salveo Capital is focused on creating long term cannabis companies and focuses on empowering the entrepreneurs in charge. Michael Gruber (managing partner) has been involved in the early stage investing environment for 25 years, focusing on tech, finance, and agriculture. Jeffrey Howard (managing partner) has spent 21 years on Wall Street and has become both an advisor and investor of cannabis-based firms. Phyto Psyche Phyto Partners invests in a plethora of different cannabis-based businesses, including SaaS, Data, Biotech, Advertising, and more. The investing firm is led by Larry Schnurmacher, who has invested in 25 private, cannabis businesses over the past five years. Phyto invests more than just capital into the 30+ businesses they have lent help to. McGovern Capital McGovern Capital LLC, based in New York City and Boca Raton, Florida, is a leading private investment firm and Intellectual Property Rights Strategist that originates, funds, structures and implements capital formation, joint ventures and business alliances. Mcgovem Capital LLC invests early-stage capital and provides facilitative services to its investment companies. They provide access to a network of Angel investors comprised of high net-worth individuals, approximately 50% of which are located in the metropolitan New York area, with the rest ranging from the West Coast of the US to several overseas countries. Altitude Investment Management About: Altitude is a New York-based venture capital fund manager focused on the global cannabis industry. The manager's strategy is to invest in a range of early-to-growth stage companies in North America and Europe that support this rapidly growing industry. Our principals have spent their careers launching and managing alternative investment funds, including distressed debt and leveraged credit strategies. We have been involved in highly-regulated industries for decades, and this experience makes our leadership team uniquely qualified to face the regulatory and funding challenges within the cannabis industry. Having invested in the cannabis industry for more than three years, Altitude has deep relationships with legal and regulatory professionals, CEOs of cannabis companies, industry organizations, and consultants. Tuatara Tuatara is a sector-focused private equity firm dedicated to helping great companies realize their vision in the burgeoning cannabis industry. Arcview Capital The Arcview Group is a vertically integrated company servicing the cannabis and hemp industry, built with social justice and responsibility at its core. Arcview has been a trusted global leader for over ten years and nexus for investors, companies, entrepreneurs, and community, providing a broad spectrum of programs and services. Casa Verde Capital Casa Verde was one of the first funds established to focus on the cannabis industry. We believe this industry represents one of the most compelling investment opportunities of our generation. Since 2015, we’ve evaluated thousands of opportunities and invested in a select few. Our goal is to leverage our robust relationships to assist portfolio companies in solving complex issues facing this nascent market. Casa Verde can participate in all stages of the financing cycle, with a focus on investing in scalable, capital-efficient businesses, led by world-class entrepreneurs. Given the natural overlap across the value chain, our portfolio companies frequently work together to help solve operational issues and also create significant value for the businesses involved. Poseidon Poseidon is one of the oldest and most active private equity firms in the cannabis space. They invest in both private and public cannabis companies across various sectors, including technology, cultivation, and ancillary services. Other Funding Strategies and Resources Securing funding is a critical step for cannabis startups aiming to scale their operations and succeed in a competitive market. In addition to traditional venture capital, there are various alternative funding options, grant opportunities, and support programs that can provide valuable resources to cannabis entrepreneurs. Alternative Funding Options Crowdfunding: Crowdfunding platforms have become popular for cannabis startups to raise capital from many small investors. Sites like SeedInvest and StartEngine allow cannabis businesses to reach a broad audience and secure funding without relying solely on venture capitalists​​​​. These platforms allow startups to validate their business ideas and build a community of supporters. Private Equity: Private equity firms are increasingly interested in the cannabis sector, recognizing the long-term growth potential. These firms provide substantial capital investments in exchange for equity stakes, often taking an active role in the company's strategic direction​​. Private equity can benefit established cannabis businesses looking to expand rapidly. Strategic Partnerships: Forming strategic partnerships with established companies in related industries can provide funding and valuable resources. These partnerships can include joint ventures, co-branding opportunities, and supply chain collaborations. Such alliances can help cannabis startups leverage their partners' expertise and networks to accelerate growth​​​​. Grant Opportunities While federal grants for cannabis businesses are limited due to its classification as a Schedule I substance, several states and private organizations offer grants to support cannabis research and business development. State Grants: Some states with legalized cannabis markets, like California and Colorado, offer grants to support cannabis research, social equity programs, and business development initiatives​​​​. For example, the California Cannabis Equity Grants Program provides funding to help individuals from communities disproportionately affected by the War on Drugs to enter the cannabis industry. Examples: California Cannabis Equity Grants Program Overview: Administered by the Department of Cannabis Control and the Governor's Office of Business and Economic Development (GO-Biz), this program provides funding to support local jurisdictions in promoting social equity in the cannabis industry. Eligibility: Designed to assist individuals from communities disproportionately affected by the War on Drugs. Details: Grants can be used for technical assistance, loans, grants, and regulatory compliance support. Colorado Cannabis Business Grant Overview: This program provides grants to support innovative cannabis business models, focusing on social equity applicants. Eligibility: Social equity licensees in Colorado, particularly those who demonstrate a commitment to creating jobs and supporting community development. Details: Grants can be used for business development, regulatory compliance, and operational support. Massachusetts Social Equity Program Overview: The Massachusetts Cannabis Control Commission offers grants to help entrepreneurs from communities disproportionately impacted by previous marijuana prohibition. Eligibility: Applicants must meet specific social equity criteria outlined by the state. Details: Funding is available for business training, technical assistance, and startup capital. Private Grants: Organizations like the Minority Cannabis Business Association (MCBA) and private foundations also offer grants to support diversity and inclusion within the cannabis industry. These grants aim to reduce barriers to entry and provide resources to underrepresented groups​​. Example: Minority Cannabis Business Association (MCBA) Grants Overview: MCBA provides grants to minority-owned cannabis businesses to promote diversity and inclusion within the industry. Eligibility: Minority-owned cannabis businesses with a focus on social equity. Details: Grants can be used for business development, marketing, and operational expenses. What Do Cannabis Investors Want to See in a Potential Investment? Finding the right investors to pitch to is a small part, yet crucial, part of a fundraise. Before building a list of potential investors, founders need to understand what potential investors are looking for in an investment. Check out a few of the most common attributes cannabis VCs look for below: ROI Potential A VC fund’s job is to generate returns for its investors (LPs). In order to do this, they need to build a portfolio that has the ability to generate outsized returns. This means that VCs are looking for portfolio companies that have huge ROI potential and can return the fund to their investors. Related Resource: A Quick Overview on VC Fund Structure Scalability Going hand in hand with ROI potential is the potential for scalability. By having a clear vision for scalability and growth, startups can stand out in the eyes of investors. The potential for growth is a signal to investors that they have the ability to generate huge returns. High Barriers to Entry Another aspect potential investors look for in a potential investment are barriers to entry. In competitive spaces, like the cannabis industry, investors want to see portfolio companies that have built high barriers to compete and take their market share. Branding and Vision Investors will also want to see strong branding and vision from a cannabis startup. This is relevant for any startup but especially important for consumer-facing cannabis startups. Related Resources: Private Equity vs Venture Capital: Critical Differences Find Cannabis Venture Capital Investors with Visible As we mentioned above, finding the right investors to pitch to for a fundraise is crucial to success. Founders need to make sure they are spending their time on the right investors. In order to best help founders filter and find the right investors for their business we built Visible Connect, our free investor database. Give Visible Connect a try here. View here a filtered list of cannabis-based VCs or check out over 18,000 other global VCs at Visible Connect. Related Resources: 10 Angel Investors to Know in Los Angeles The Understandable Guide to Startup Funding Stages
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8 Cannabis Startups With High Growth Potential
The cannabis industry is experiencing explosive growth following legalization across various regions. Startups are redefining how cannabis businesses operate by introducing innovative solutions to streamline supply chains, improve retail management, and enhance consumer products. Companies like LeafLink have revolutionized B2B cannabis commerce, while firms like Dutchie, Pax Labs, and others bring advanced e-commerce and retail management platforms to the fore. With robust investor backing and increasing acceptance, these startups are spearheading a new era of cannabis entrepreneurship, creating opportunities for founders, cultivators, and investors alike​​​​. Related resource: 12+ Cannabis Venture Capital Investors to Know in 2024 1) LeafLink LeafLink is a pioneering startup in the cannabis industry, providing a wholesale marketplace that connects retailers with over 1,800 cannabis brands and distributors. This platform facilitates streamlined business operations, making it easier for companies to manage orders and grow their businesses efficiently​​​​. Headquarters Location: LeafLink is based in New York City, with additional regional hubs in Los Angeles and Austin. As a remote-first company, it also boasts a broad presence across the United States, ensuring accessibility and connectivity in various cannabis markets​​. Current Funding: LeafLink has raised substantial funding to fuel its growth, including a $40 million Series C round led by Founders Fund, reflecting significant investor confidence. Overall, the company has secured a total of $479M in funding over 9 rounds. Their latest funding was raised on Feb 1, 2023 from a Series D round. Years in Operation: LeafLink was founded in 2015, during which it has significantly impacted the cannabis supply chain and B2B commerce​​. Founders: Ryan G. Smith serves as the CEO, and Zach Silverman is the Co-Founder and Senior Advisor of LeafLink. They founded the company with the vision of simplifying the cannabis supply chain, leveraging their backgrounds in technology and e-commerce to pioneer new standards in the industry​​. 2) Dutchie Dutchie is a prominent player in the cannabis industry, providing an integrated technology platform that powers online ordering for cannabis dispensaries. It helps dispensaries create and manage their websites, process orders, and ensure efficient operations through its suite of e-commerce and point of sale solutions​​​​. Headquarters Location: Dutchie is headquartered in Bend, Oregon, which is also where it was founded. This location supports its operations across the United States and Canada​​​​. Current Funding: Dutchie has raised significant funding, totaling $603 million. This includes a substantial $350 million in a Series D round that valued the company at $3.75 billion, highlighting the strong investor confidence in its business model and growth potential​​​​. Years in Operation: Founded in 201, Dutchie has quickly become a leader in its field, experiencing rapid growth and expansion​​​​. Founders: Founded by brothers Ross Lipson and Zach Lipson. Both no longer run the company. 3) Pax Labs, Inc Pax, originally known as Ploom, is a leader in the vaporization industry, specializing in the development and manufacturing of premium vaporizers for cannabis and nicotine. These devices are known for their sleek design and smart technology, allowing connectivity with mobile devices for enhanced user experience. Headquarters Location: Pax Labs is based in San Francisco, California. Current Funding: The company has raised significant funds, notably securing $492.2 million in funding over 4 rounds, reflecting a strong investor confidence in its technology and market approach​​. Years in Operation: Pax Labs was founded in 2007 and has been operational for over a decade, evolving its product line and expanding its market reach during this time. Founders: The company was founded by James Monsees and Adam Bowen, who aimed to innovate and improve the personal vaporization market. Neither is still with the company. 4) Green Thumb Industries Green Thumb Industries (GTI) operates as a national cannabis consumer packaged goods company and retailer. The company is known for manufacturing and distributing a diverse portfolio of branded cannabis products such as &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RYTHM. Additionally, GTI owns and operates a rapidly growing chain of national retail cannabis stores named RISE​​​​. Headquarters Location: Green Thumb Industries is headquartered in Chicago, Illinois​​​​. Current Funding: Green Thumb Industries has raised a total of $79.2M in funding over 4 rounds. Their latest funding was raised on Apr 30, 2021 from a Post-IPO Equity round. Years in Operation: Green Thumb Industries was founded in 2014 and has since grown into a significant player in the cannabis industry in the United States​​​​. Founders: The company was founded by Ben Kovler who serves as the CEO, Chairman, and key visionary behind the company's growth and strategic direction​​. 5) FlowHub Flowhub is a Denver-based cannabis technology company that specializes in compliance, inventory management, and point-of-sale (POS) software solutions designed specifically for the cannabis industry. Their platform aims to streamline dispensary operations, making regulatory compliance easier and improving the overall efficiency of cannabis retail management​​​​. Headquarters Location: Flowhub is headquartered in Denver, Colorado​​. Current Funding: Flowhub has raised significant funding over the years totalling $45.8M over 4 rounds. Years in Operation: Founded in 2015, Flowhub has been operational for several years, focusing on providing technological solutions to cannabis dispensaries to help them navigate the complex regulatory environment​​. Founders: Kyle Sherman is the founder of Flowhub. He started the company with the vision to create a more efficient and compliant cannabis retail environment through innovative technology​​. 6) Tokyo Smoke Tokyo Smoke is a lifestyle brand and cannabis retailer focused on creating an immersive experience centered around cannabis, coffee, and clothing. Their vision aims to shape a sophisticated and inclusive brand that transcends typical cannabis culture. Headquarters: Located in Toronto, Canada. Founding Year: Established in 2015. Founders: Founder and Chairman Lorne Gertner and Co-founder and CEO Alan Gertner. Funding: Raised $7.7 million over 2 rounds, the last closing in October, 2017 in a series B round. Ownership: Acquired by OEG Retail Cannabis in 2023, which expanded the brand's reach and capabilities​​. 7) Jushi Holdings Jushi Holdings Inc. is a multi-state cannabis operator involved in the retail, cultivation, manufacturing, and processing of cannabis products in both medical and adult-use markets. The company is dedicated to building a diverse portfolio through strategic acquisitions and investments in the cannabis sector. Headquarters Location: Boca Raton, Florida, USA. Current Funding: Jushi has raised a total of $490.5M in funding over 12 rounds. Their latest funding was raised on Apr 6, 2023 from a Post-IPO Debt round. Years in Operation: Founded in 2007. Founders: Erich Mauff, Jim Cacioppo, and Jon Barack. 8) Cannabist Company The Cannabist Company, previously known as Columbia Care,stands out as a leading cultivator, manufacturer, and retailer of cannabis products and services in the United States. As one of the initial medical cannabis providers in the country, it established a patient-focused operation that has successfully transitioned into a dominant player in the adult-use market. Their product portfolio includes various forms such as flower, oils, edibles, and tablets. Notably, they are the producers behind popular brands like Classix, Seed & Strain, and Hedy. Headquarters Location: The company is based in Chelmsford, Massachusetts. Current Funding: They have raised a total of $530.6M in funding over 9 rounds. Their latest funding was raised in Marxh, 2024 from a Post-IPO Debt round. Years in Operation: The Cannabist Company has been operational since 2012. Founders: The company was co-founded by Nicholas Vita and Michael Abbott. Connect With Cannabis Investors Today In the rapidly evolving cannabis industry, startups are leveraging technology to streamline operations and expand their reach. Companies like the ones we covered, among others, are pioneering new standards in retail management, supply chain efficiency, and customer experience. As these innovative companies continue to grow, investment opportunities in the cannabis sector have become increasingly attractive to venture capitalists. To effectively manage your fundraise from start to finish, showcase your business's value, track progress, and manage relationships with Visible. Give it a free try for 14 days here. Find investors at the top of your funnel with our free investor database, Visible Connect, also check out our pre-filtered list of cannabis VCs here. Some Cannabis VCs from our database include KEY Investment Partners, Entourage Effect Capital, and HALLEY Venture Partners. Track your conversations and move them through your funnel with our Fundraising CRM. Share your pitch deck and monthly updates with potential investors. Organize and share your most vital fundraising documents with data rooms.
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The Femtech Frontier: Opportunities in Women's Health Technology + the VCs Investing
As a femtech founder navigating the ever-evolving landscape of women-specific health solutions, I find it crucial to understand the industry's breadth and the opportunities it presents. As the market continues to expand, driven by innovation and a more profound societal recognition of these needs, understanding the current trends, market size, and potential gaps is essential for anyone looking to make a significant impact in this space. Understanding the Femtech Landscape Femtech encompasses a broad spectrum of software, diagnostics, products, and services designed specifically to address women’s health issues. This sector includes solutions for female-specific health concerns such as fertility, birth control, menstruation and period care, menopause, chronic conditions and hormonal disorders, pelvic health, pregnancy and post-pregnancy care, breastfeeding, and sexual wellness. Moreover, femtech also extends into emerging health spaces that recognize gender-specific healthcare needs, encompassing wellness and mental health areas such as osteoporosis, breast cancer, autoimmune conditions, stroke, thyroid issues, chronic fatigue, anxiety, and depression. Beyond physical and mental health, femtech products increasingly empower women in areas traditionally underserved by technology, including personal finance and education. Evolution of the Industry The femtech industry began to gain prominence in the early 2010s as entrepreneurs and investors realized the significant underserved market in women's health technology. Initially focusing on reproductive health and period-tracking apps, the sector has since expanded into a wide range of health categories and now includes sophisticated diagnostic tools, telehealth services, and personalized wellness products. This evolution reflects a broader societal shift towards more open conversations about women's health issues and a growing recognition of the economic potential of addressing these needs. Current Market Size and Projected Growth The femtech industry has seen explosive growth over the past decade. As of recent estimates, the global femtech market is valued at several billion dollars and is projected to grow substantially as the demand for women-specific health solutions continues to increase. This growth is driven by technological advancements, increasing female healthcare consumerism, and a rising number of women in STEM fields who are poised to innovate and lead in this space. Key Areas of Innovation Reproductive Health and Fertility: Innovations include apps and devices that improve fertility tracking, in vitro fertilization (IVF) technologies, and non-invasive pregnancy monitoring tools. Menstrual Health: Advanced menstrual products that go beyond traditional offerings, smart menstrual cups, and wearable technologies are transforming menstrual health management. Menopause Solutions: With an aging population, digital therapeutics, hormone replacement therapies, and lifestyle management apps specifically for menopause are increasing. Chronic Conditions and Hormonal Disorders: Technologies aimed at managing conditions like polycystic ovary syndrome (PCOS) and endometriosis through better diagnostics and personalized treatments. Mental Health: Platforms focusing on mental health issues prevalent in women, such as postpartum depression, anxiety, and the psychological aspects of chronic health issues. Femtech Industry Trends and Opportunities The femtech sector has been characterized by several prominent trends highlighting the current momentum and the industry's future potential. A growing focus on personalized healthcare has propelled the development of bespoke femtech solutions that cater to individual health needs. There is also an increasing crossover between wellness and healthcare, where apps and devices integrate preventive care with daily wellness routines, reflecting a holistic approach to women's health. Expanding community-based platforms has also fostered a supportive network where users share experiences and advice, enhancing user engagement and retention. Emerging Technologies and Their Potential Impact Artificial Intelligence (AI): AI is revolutionizing femtech by enabling more accurate diagnostics and predictive analytics. AI-driven platforms can analyze vast amounts of data to predict health trends, personalize healthcare recommendations, and optimize treatment plans. Telehealth: The pandemic accelerated the adoption of telehealth in femtech. This technology provides women with remote access to healthcare professionals for a variety of issues, from fertility consultations to mental health support. It is crucial to make healthcare more accessible, especially in underserved areas. Wearable Devices: Wearables have evolved from fitness tracking to sophisticated health monitoring tools. In femtech, wearable devices now track menstrual cycles, monitor pregnancy, and even detect early signs of breast cancer, offering continuous, real-time health monitoring. Examples of Successful Femtech Companies Clue: A leading menstrual health app that uses data to predict menstrual cycles and offer insights into reproductive health. Clue has set a high standard for privacy and scientific accuracy, making it a trusted tool for millions of women globally. Elvie: Known for its innovative breast pumps and pelvic floor trainers, Elvie combines sleek, discreet designs with powerful, smart technology, significantly improving women's lives post-pregnancy and beyond. Tia: This company offers a holistic healthcare approach for women by integrating virtual and in-person care, focusing on everything from gynecology to mental health, embodying the integrated care model that is becoming a trend in femtech. Potential Gaps in the Market and Opportunities for Innovation Despite the advancements, several areas within femtech still lack adequate solutions, presenting opportunities for innovation: Menopause Management: There is a noticeable gap in products addressing the full spectrum of menopause symptoms. Innovations in hormone replacement therapy delivery or non-hormonal symptom management can meet significant demand. Health Issues in Aging Women: Conditions like osteoporosis and cardiovascular health in post-menopausal women are underrepresented in current femtech products. Mental Health: While some platforms address postpartum depression, broader mental health issues linked to hormonal changes throughout a woman's life cycle are still underserved. Global Accessibility: Many femtech products are not readily available or affordable globally, especially in developing countries. Creating scalable solutions that are both accessible and culturally sensitive could expand the reach of femtech significantly. Fundraising Strategies for Femtech Startups Fundraising in the femtech sector has evolved significantly over the past decade, with more investors recognizing the potential of women-centric health solutions. Increasing awareness and successful exits are driving more interest from venture capitalists, angel investors, and strategic partners. Notably, the unique nature of femtech, which combines technology, healthcare, and direct-to-consumer elements, appeals to a diverse group of investors looking to impact women's health globally. What Investors are Looking for in Femtech Startups Investors interested in femtech are particularly keen on startups that: Address a Clear Unmet Need: Products that solve a real and significant problem in women’s health are more likely to attract attention. Have a Scalable Business Model: Investors look for companies with the potential to grow quickly and sustainably. Show Strong Founder Expertise: Teams with backgrounds in healthcare, technology, and business, or with personal experiences that motivate their vision, are often more compelling. Demonstrate Technological Innovation: Startups that leverage new technologies to improve outcomes, efficiency, or user experiences stand out in the fundraising process. Provide Evidence-Based Solutions: Given the health-focused nature of femtech, products backed by scientific research and data are more likely to gain investor confidence. Related resource: The Rise of Women-Led VC Firms (+ a List to Keep an Eye on) Crafting a Compelling Pitch Articulate the Problem and Your Unique Solution: Clearly define the specific women's health issue your product addresses and how your solution is different from or better than existing offerings. Highlight the Market Potential: Use data to demonstrate the size of the market and your target demographic. Show how your product fits into the broader health and wellness industry trends. Showcase Your Team’s Expertise: Emphasize the qualifications and experiences of your team that make you the right people to execute this vision. Provide Proof of Concept: Whether through initial sales data, user testimonials, or clinical trials, show that there is a demand for your product and that it works. Discuss Your Business Model: Explain how you will generate revenue, your pricing strategy, and your marketing approach. Be clear about how you intend to scale. Outline the Use of Funds: Be specific about how much money you need and how you plan to use it to grow your business. Related resource: 10+ VCs & Accelerators Investing in Underrepresented Founders VCs and Accelerators Investing in Femtech Startups 2024 FemTech Lab Location: London, England About: Unlocking Women's health and wellness for a fairer, better World. Join the movement! FemTech Lab is a global ecosystem of 20,000+ founders, investors, corporate partners, biotech and research, hospitals, pharmaceuticals, government, and retail leaders innovating across all women's health and wellness subsectors. The FemTech Lab Accelerator program has supported 70+ inspiring startups in women's health. If you are interested in applying, check out the timing of the next cohort on our website and sign up for the next open webinar. Goddess Gaia Ventures Location: London, GB About: A female founded pre series A fund (in building mode) investing in 360 solutions in female health, wellness and Femtech in a + $1 Trillion TAM which has to date been under-served, under-researched and under-funded . Mission Statement: To grow the next generation of Women’s healthcare unicorns We invest in: UK, Europe, Greater Europe and Israel and scaling these companies into the US We partner with: Founders (male and female) seeking to invent new market categories or who are seeking to disrupt incumbent healthcare markets Exponential Sector Growth: Increase of women in STEM and Finance; innovating for themselves Special Interest: Solutions that cater to the health of women of colour and that create healthcare parity Thesis: Goddess Gaia Ventures (GGV) is capitalising on the $1.1 trillion women’s healthcare market by investing in five core pillars - women's fertility; women's cancer; women's wellness; women's lifestyle diseases and Femtech products and services. Amboy Street Ventures Location: Los Angeles, California, United States About: The world’s first venture capital fund focused on Sexual Health & Women’s Health Technology startups. Amboy Street Ventures is an active investor and adds value above and beyond capital. Its dedicated Value Enhancement Team supports portfolio companies with marketing & branding, sales & distribution, product development & scientific innovation and public education resources through its position within the Healthy Pleasure Group, an ecosystem dedicated to solving the problems that startups face in the Sexual Health and Women’s Health Tech market. Thesis: Amboy Street Ventures invests in the Seed and Series A rounds of Sexual Health & Women’s Health Technology startups that are progressing the industry in America and Europe. Astarte Ventures Location: New Jersey, United States About: Astarte Ventures is an innovation and investment consulting firm, with expertise in women's health, pediatrics, health equity, AI, and gut health. Thesis: Investing to improve the health and wellbeing of women and children. Avestria Ventures Location: San Francisco, California About: Avestria Ventures is an investment firm that focuses on women's health and female-led life science and healthcare companies. Thesis: We invest in women’s health and life science; it’s what we know best. Everywhere Ventures Location: New York, United States About: Global pre-seed fund backed by 500 founders and operators. Thesis: We invest $50-250k into pre-seed companies looking to raise between $500-$2M. We are happy to lead or partner with other investors. We are generalists at heart, but lean into three core areas: money, health, and work. We embrace first-time founders, and founders who may lack traction but have a distinct vision for a world that may not exist…yet. Emmeline Ventures Location: Los Angeles, CA About: Emmeline Ventures is a female-founded early-stage fund investing in ambitious female founders building businesses that are helping women, in particular, manage their health, build their wealth, and live in a cleaner, safer world. Thesis: We invest across women's health, financial services, and sustainability specifically where breakout technology and innovaton is helping women live & thrive. Resources for Femtech Founders Deloitte’s Femtech: Poised for growth List of 150+ VC Funds Investing in Women's Health and Femtech Crunchbase’s The femtech market map Crunchbase’s The Next Frontier Of Femtech Connect Investor Database list of VCs investing in Femtech Start Your Next Round with Visible We believe great outcomes happen when founders forge relationships with investors and potential investors. We created our Connect Investor Database to help you in the first step of this journey. Instead of wasting time trying to figure out investor fit and profile for their given stage and industry, we created filters allowing you to find VC’s and accelerators who are looking to invest in companies like you. Check out all our investors here and filter as needed. After learning more about them with the profile information and resources given you can reach out to them with a tailored email. To help craft that first email check out 5 Strategies for Cold Emailing Potential Investors. After finding the right Investor you can create a personalized investor database with Visible. Combine qualified investors from Visible Connect with your own investor lists to share targeted Updates, decks, and dashboards. Start your free trial here.
founders
Fundraising
Investor Agreement Template for Startup Founders
Navigating the complexities of investor agreements is crucial for startup founders aiming to secure crucial funding while protecting their interests. This article will guide you through the essentials of crafting a solid investor agreement, highlighting key components like investment terms, company valuation, and exit strategies. You'll learn not only what makes up an investor agreement but also how to tailor one to fit your startup's unique needs, ensuring a clear path to successful investor relationships. What Is an Investor Agreement? An investor agreement is a legal contract between an investor and a company that outlines the terms of the investment. It specifies the roles, expectations, and obligations of both parties, ensuring that the investor's financial contributions are protected and that the company uses the funds as agreed upon. There are several types of investor agreements commonly used in business, each tailored to different investment scenarios: Stock Purchase Agreement: This type of agreement is used when investors purchase shares directly from the company, giving them ownership according to the percentage of stock acquired. Convertible Note Agreement: Often used in early-stage startups, this agreement allows the investment to initially be a loan that converts into equity, usually after a subsequent financing round or under certain conditions outlined in the agreement. Simple Agreement for Future Equity (SAFE): Popular among startups for its simplicity and flexibility, a SAFE grants investors the right to convert their investment into equity at a later date, typically during a future funding round. Restricted Stock Agreement: This agreement governs the issuance of shares that are subject to certain restrictions, typically vesting over time and providing that shares must be sold back to the company under certain conditions. Debt Agreement: When startups prefer not to give up equity, they might opt for debt agreements where the investor lends money to the business, to be repaid with interest by a specified date. Each type of agreement has its nuances and must be chosen carefully based on the company’s specific needs and the investor's expectations. It’s crucial for founders to understand these distinctions to choose the most appropriate form of agreement for their circumstances​​​​. Key Components of an Investor Agreement Template When structuring an investor agreement, it's essential to include comprehensive and detailed sections that address every aspect of the investment relationship. This clarity not only safeguards both parties' interests but also ensures smooth cooperation throughout the duration of the agreement. Below, we delve into the key components that should be part of any investor agreement template, each playing a crucial role in fostering a transparent and effective partnership. Related resource: A Complete Guide on Founders Agreements 1. Preliminary Information The foundation of any investor agreement begins with the preliminary information, which includes all the basic and identifying details such as the names, addresses, and legal statuses of the parties involved, as well as the date of the agreement. This section sets the legal context for the agreement and acts as a reference point for all parties involved, ensuring there is no ambiguity about who is bound by the terms of the document. 2. Investment Details Specifying the investment details is critical. This includes the amount of investment, the form it will take (whether cash, assets, or services), and any conditions or milestones that must be met before the investment is realized. Clear articulation of these details prevents misunderstandings and sets clear expectations for the deployment of the investment, which is vital for both parties’ financial planning and accountability. 3. Company Valuation and Capital Structure It's important to clearly outline how the company is valued and how its capital structure will be affected post-investment. This information sets the stage for determining ownership percentages and the distribution of equity. Transparency in this area reassures investors about the basis of their investment valuation and aligns all parties’ expectations regarding their stakes. 4. Roles and Responsibilities Defining the specific roles and responsibilities of both the investor and the startup is crucial for maintaining clear expectations and accountability. This section should detail the commitments of each party, including any operational roles the investor might assume, and their involvement in decision-making processes. Clarity here ensures smooth day-to-day operations and helps prevent conflicts. 5. Terms of Investment The terms of investment outline the specifics of the financial relationship, such as the rights to dividends, conversion rights, and voting rights. This section is fundamental as it delineates how profits and losses are distributed, how and when investments might be converted into equity, and how investors can influence company decisions through their votes. 6. Governance and Voting Rights Governance structures and voting rights are essential for outlining how decisions are made within the company, who gets to vote, and what issues require a vote. This framework is key to maintaining order and clarity in the company's decision-making processes, particularly in scenarios involving multiple investors with varying stakes. 7. Exit Strategies Planning for future changes in ownership or the potential exit from the company is crucial. This part of the agreement might include buyback rights, rights of first refusal in case of sale, and other mechanisms that allow for a smooth transition or exit. Having these strategies predefined helps manage expectations and reduces potential conflicts during critical transitions. 8. Confidentiality and Non-Disclosure To protect the sensitive information of both the startup and the investor, confidentiality and non-disclosure clauses are critical. These provisions help build trust, protect trade secrets, and ensure that strategic information does not fall into competitors' hands. 9. Dispute Resolution Finally, having a predetermined method for resolving disputes is crucial for handling disagreements efficiently and fairly. This section should specify whether disputes will be handled through mediation, arbitration, or court proceedings, and outline the steps each party should follow in the event of a disagreement. Related resource: What Should be in a Startup’s Data Room? How Do You Write an Investor Agreement? Drafting an investor agreement is a critical step for any startup engaging with investors. This document not only formalizes the relationship between a company and its investors but also ensures that both parties are clear on the terms of the investment. Below, we detail the essential steps involved in creating a robust investor agreement that secures interests and fosters a positive business relationship. Gathering Information and Structuring the Agreement The first step in drafting an investor agreement is to collect all necessary information about the investment and the parties involved. This includes details about the investment amount, the structure of the investment (e.g., equity, debt), and the specific roles and obligations of each party. Accurate and comprehensive information is crucial as it forms the basis of the agreement, ensuring that all terms are based on a clear understanding of the investment and the expectations of both parties. This foundational step prevents future misunderstandings and lays the groundwork for a solid legal agreement. Involving the Right Parties It is essential to identify and involve all relevant parties in the agreement process. This includes not only the investors and company founders but also may include lawyers, accountants, and other stakeholders who have a vested interest in the transaction. Ensuring that all parties are appropriately represented and that their roles and expectations are clearly defined from the outset is crucial. This clarity helps in avoiding conflicts later and ensures that the agreement reflects the interests and responsibilities of everyone involved. Drafting Key Clauses The heart of the investor agreement lies in its clauses, which detail the terms of the investment, rights, and obligations of the involved parties. Key clauses include those related to the amount and structure of the investment, conditions for funding, management and use of the investment, investor rights, and any specific covenants related to company governance. Each clause must be drafted with clarity and precision to avoid ambiguity and ensure that the terms are enforceable. Legal expertise is often required in this phase to ensure that the clauses are legally sound and adequately reflect the agreed-upon terms. Negotiation and Finalization Once a draft of the investor agreement is prepared, the negotiation phase begins. During this stage, both parties review the draft, suggest modifications, and discuss any concerns they might have with the proposed terms. This phase is crucial as it allows both sides to refine the agreement to better meet their needs and to ensure mutual understanding and satisfaction with the terms. After negotiations are completed, the final agreement is prepared for signing. It is advisable for both parties to have legal counsel review the final document to ensure that it is comprehensive and legally binding. Related resource: The Startup's Handbook to SAFE: Simplifying Future Equity Agreements Build Strong Investor Connections with Visible Crafting a solid investor agreement is key to protecting the interests of both the startup and its investors. Establishing clear terms and open lines of communication from the outset can significantly enhance these critical business relationships. To manage and enhance investor relations with ease and efficiency, try Visible. By using Visible, you can streamline investor communications, track important metrics, and report progress efficiently, keeping your investors engaged and informed. Ready to take your investor relations to the next level? Try Visible free for 14 days and start strengthening your investor connections.
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Fundraising
Understanding The 4 Types of Crowdfunding
Crowdfunding has revolutionized the way startups and social initiatives gather the necessary funds to bring their ideas to life. This article will explore the intricacies of crowdfunding, delving into its various types and the unique benefits and challenges they present. Whether you're a founder looking to kickstart your project or simply curious about how crowdfunding could play a role in your financial strategy, read on to discover the ins and outs of this dynamic funding mechanism. What Is Crowdfunding, and Why Is It Important? Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure. Crowdfunding is vital not only as a tool for gathering financial resources but also for validating a product or service in the market, engaging with customers, and building community support​​​​. Three of the most popular crowdfunding platforms include: Kickstarter- The platform operates on an all-or-nothing funding model, which means that project creators only receive funds if their campaign reaches its predetermined funding goal. This model encourages creators and founders to set realistic goals and actively promote their projects to ensure success. Indiegogo- Known for its flexibility, it supports a wide range of campaigns from tech innovations to artistic endeavors. The platform is distinct for allowing both fixed and flexible funding goals, making it a versatile choice for project creators who may still benefit from partial funding if they do not meet their full target. Patreon- Patreon stands out among crowdfunding platforms because it caters to creators seeking continuous funding rather than one-time project support. This makes it particularly popular with individuals involved in ongoing creative endeavors such as musicians, YouTubers, podcasters, and filmmakers. Related resource: How to Raise Crowdfunding with Cheryl Campos of Republic The Pros and Cons of Crowdfunding Crowdfunding offers unique opportunities and benefits for startups and projects, but it also comes with its set of challenges. In the next section, we will delve into the pros and cons of crowdfunding, providing a balanced perspective that will help founders understand what to expect and how to prepare for a successful campaign. Pros of Crowdfunding Pre-Launch Interest and Momentum: Crowdfunding allows founders to generate buzz and interest in a product or service before it officially launches. This pre-launch momentum can be crucial in establishing a brand and ensuring a successful market entry​​. Market Validation: Crowdfunding campaigns allow investors to gauge customer interest and validate the market demand for a product or service before it fully hits the market. This can reduce the financial risks associated with launching new and untested products​​. Risk Reduction through Pre-Sales: By using crowdfunding platforms to pre-sell products, founders can reduce financial risks associated with production and inventory. This approach ensures that there is a market demand before significant investments are made​​. Marketing and Publicity: Crowdfunding campaigns can serve as powerful marketing tools, providing significant media exposure and public attention that can continue to benefit the project long after the campaign has ended​​. Direct Customer Feedback: Crowdfunding offers a unique opportunity for founders to receive direct feedback from early adopters. This feedback can be invaluable for making adjustments to the product or service before it hits the broader market​​. Building a Loyal Community: Crowdfunding not only raises funds but also helps in building a community of supporters who are emotionally and financially invested in the success of the project. This community can become a vital asset for future promotions and continued business growth​​​​. Access to Capital: Crowdfunding provides a platform to raise significant amounts of money without the need for traditional financial intermediaries such as banks or venture capital firms. This can be especially useful for startups and small businesses that may not have access to traditional funding sources​​. Cons of Crowdfunding High Competition: The popularity of crowdfunding platforms means that numerous projects are vying for the same pool of potential backers. Standing out among the crowd requires a compelling story and effective marketing strategies, which can be challenging and resource-intensive​​. Fulfillment Pressures: Successfully funded projects face the pressure of fulfilling backers' rewards and expectations. This can be particularly challenging if the campaign goes viral and the number of backers exceeds initial forecasts, complicating logistics and potentially increasing costs​​. All-or-nothing Funding Models: Many crowdfunding platforms operate on an all-or-nothing funding model, where you must reach your funding goal to receive any money. Falling short means no funding at all, which can be a significant risk if you've already invested in campaign marketing and product development​​. Public Exposure of Ideas: When you pitch a project on a crowdfunding platform, you expose your business idea or concept to the public, which includes potential competitors. This can lead to issues if the intellectual property is not fully protected or if the concept is easily replicable​​. Related resource: Pros and Cons of Crowdfunding for Your Startup The 4 Different Types of Crowdfunding As you explore the world of crowdfunding, it's essential to understand the different types that are available. Each type offers unique advantages and fits different kinds of projects and goals. Below, we delve into the four primary types of crowdfunding: donation-based, equity-based, rewards-based, and debt-based. Choosing the right one can be critical to your campaign’s success. Related resource: 6 Types of Investors Startup Founders Need to Know About 1) Donation-Based Crowdfunding Donation-based crowdfunding is exactly what it sounds like – backers donate money without expecting anything in return. This model is primarily used for charitable causes or community projects where the reward is the satisfaction of contributing to a good cause. When to Use This Method of Crowdfunding This method is ideal for non-profit organizations, social causes, or community projects where monetary return isn't an expectation. It's particularly effective when the audience is motivated by philanthropy rather than a tangible return​​. 2) Equity-Based Crowdfunding Equity-based crowdfunding involves offering a stake in your company in exchange for capital. This means investors receive shares of your business and become partial owners. It’s a way to raise significant funds while distributing the financial risk among a group of investors. When to Use This Method of Crowdfunding Use equity-based crowdfunding when you need substantial capital and are comfortable sharing ownership of your company with investors. It is suitable for startups that expect to grow and generate significant revenue, making the equity stake potentially valuable​​. 3) Rewards-Based Crowdfunding Rewards-based crowdfunding allows backers to contribute in exchange for tangible rewards, which can vary from the product itself to other unique perks. This type is popular among creative projects and startups that wish to offer their product as a pre-sale. When to Use This Method of Crowdfunding This method works best for consumer-focused projects where you can offer your product as a reward to backers. It's suitable for validating product demand before mass production and engaging with your customers directly​​. 4) Debt-Based Crowdfunding Also known as peer-to-peer (P2P) lending, debt-based crowdfunding allows individuals to lend money to a project or business with the expectation of getting their money back with interest. It mirrors traditional loans but from multiple lenders at potentially more favorable terms. When to Use This Method of Crowdfunding Debt-based crowdfunding is appropriate for founders who need traditional loan conditions but prefer a broader base of lenders to minimize risk. It is also beneficial when founders can ensure a steady revenue stream to manage repayments​​. Crowdfunding vs Traditional Fundraising: What are the Differences? Crowdfunding and traditional fundraising serve the same primary purpose—raising money—but differ significantly in their approach and execution. Traditional fundraising typically involves seeking substantial sums from a few donors, such as angel investors, venture capitalists, or banks, and often requires a detailed business plan, credit checks, or proven business history. It can be a lengthy process with a lot of personal interaction and persuasion. In contrast, crowdfunding is usually conducted online and aims to gather smaller amounts of money from a large number of people. This method leverages the power of social networks and is accessible to anyone with an internet connection. Crowdfunding campaigns provide immediate feedback and market validation, as they allow the entrepreneur to gauge interest in a product or concept before fully committing to production or scaling. Moreover, crowdfunding can offer more than just financial benefits; it can also provide publicity, community engagement, and customer feedback​​​​. These fundamental differences make each method suitable for different types of projects and funding needs, with crowdfunding often being more accessible and engaging, while traditional fundraising can offer more significant amounts of capital and potentially fewer stakeholders to manage. Related resource: How to Secure Financing With a Bulletproof Startup Fundraising Strategy Fundraise the Right Way With the Help of Visible Crowdfunding not only helps raise the necessary funds for your venture but also connects you with a community that can offer support and feedback. If you are also interested in finding traditional investors and accelerators check out our Connect Investor Database. Instead of wasting time trying to figure out investor fit and profile for their given stage and industry, we created filters allowing you to find VCs and accelerators who are looking to invest in companies like you. Check out all our investors here and filter as needed. As you embark on your fundraising journey, consider leveraging platforms like Visible to streamline your efforts. After finding the right Investor you can create a personalized investor database with Visible. Combine qualified investors from Visible Connect with your own investor lists to share targeted Updates, decks, and dashboards. Start your free trial here.
founders
Fundraising
Miami’s Venture Capital Scene: The 10 Best Firms in 2024
At Visible, we often compare a venture capital fundraise to a traditional B2B sales and marketing funnel. At the top of your funnel, you add qualified investors to your pipeline (via cold and warm outreach). In the middle of the funnel, you nurture and pitch potential investors with emails, updates, pitches, meetings, etc. At the bottom of the funnel, you are hopefully closing your new investors. Related Resource: How to Find Venture Capital to Fund Your Startup: 5 Methods In order to best help you fill the top of your “fundraising funnel,” we’ve put together a list of a few popular VC firms located in Miami. Check them out below: 1. Ocean Azul Partners As the team at Ocean Azul Partners put on their website, “We are an early-stage venture capital firm passionate about helping entrepreneurs bring innovative technology solutions to market. We’re operators who are determined to use our successes and lessons learned to provide significant value to the teams with which we work. We are proud to support entrepreneurs building unique solutions that will shape the futures of their industries.” Investment Range As put on their website, “We write initial checks of size $200K-$2M, with a portion of our fund reserved for follow-on. We play an active role in all of our investments and have board seats on most of them.” Industries The team at Ocean Azul primarily focuses on B2B software. Related Resources: The 12 Best VC Funds You Should Know About 2. Guild Capital As the team put on their website, “Guild Capital is an early-stage venture capital firm. Founded in 2009, we have been dedicated to venture further than conventional Silicon Valley-based VC patterns to look for growth-stage teams who can evolve into great companies.” Investment Range The team at Guild does not publicly state their investment range but does look to companies that have “generated early revenue” or those that have not generated revenue that shows signs of momentum. Industries The team at Guild does not have a specific industry but shares their thesis for industries and markets by stating, “We believe in businesses bringing industry-contrarian solutions to large addressable markets. In general, we prefer markets that are not ‘winner-takes-all.” 3. Starlight Ventures As put on their website, “We are an early stage venture firm designed to address humanity’s biggest challenges and opportunities through breakthrough technology. We aim to enable long-term human flourishing: a prosperous civilization that responds effectively to large-scale opportunities and existential threats alike.” Investment Range The team at Starlight does not publicly state their investment range. Industries The team at Starlight does not publicly state-specific industries but rather invest in companies that impact long-term human flourishing. 4. Fuel Venture Capital As put by their team, “Fuel Venture Capital has brilliantly executed against this mission and has become known and trusted as leaders who are founder-focused and investor-driven. Our world-class venture executives have deployed over $400MM of capital from our global LP base following a disciplined “Phased Investment Thesis” managing risk while driving return on investment.” Investment Range The team at Fuel invests across multiple stages as put below: Industries The team at Fuel invests across many industries but ultimately look to, ‘disruptive global, tech-driven companies.” 5. LAB Miami Ventures As put by their team, “LAB Ventures is a VC Fund and Startup Studio dedicated to accelerating early-stage real estate and construction technology companies… We invest in early-stage real estate and construction technology companies. We invite investors with an interest in these sectors to join our growing network and stay on the leading edge of tech trends.” Investment Range The team at LAB does not publicly state their investment range but typically invests in pre-seed, seed, and series A rounds. Industries As put by their team, “Our focus is on early-stage technology businesses that serve the Real Estate and Construction industries – Property Technology, or “PropTech” for short. We take a very broad view of what is included in PropTech, but have a preference for software over hardware, recurring revenue, and enterprise over the consumer.” 6. Krillion Ventures As put by their team, “Krillion Ventures is a Miami-based venture capital fund that actively invests in early-stage technology companies solving problems in healthcare, financial services, and real estate.” Investment Range The team at Krillion Ventures does not publicly list their investment range but gives the following information, “We invest in companies that can demonstrate proof of concept and are seeking capital to accelerate their growth. We make follow-on investments in our portfolio companies on a deal-by-deal basis.” Industries The team at Krillion is focused on companies in the health tech space. 7. Miami Angels As put by the team at Miami Angels, “We bring together exceptional entrepreneurs and accomplished accredited investors to fuel success. Our group is comprised of over 150 angel investors, many of whom have been entrepreneurs themselves. Beyond providing capital, we collaborate with our founders to ensure they have access to talent and future funding.” Investment Range The team at Miami Angels does not publicly state what their investment range is. You can learn more about their investment criteria below: Industries As put on their website, “Because of our diverse investor base, we are able to leverage that expertise and invest in many industries. However, we do NOT invest in hardware, lifestyle brands, consumer goods, biotech, development shops, or financial derivatives.” 8. Secocha Ventures As put by their team, “Secocha Ventures is an Investment Firm focused on early stage Consumer Products & Services, Fintech & Healthcare Technology companies.” Investment Range The team at Secocha Ventures does not publicly disclose their investment range. They do mention, “We invest in startups raising their Pre-Seed, Seed, or Series-A rounds.” Learn more about the Secocha Ventures investment criteria below: Industries As shown above, the team at Secocha Ventures states, “We invest in FinTech, HealthTech, and Consumer Products & Services.” Related Resources: Private Equity vs Venture Capital: Critical Differences 9. Third Sphere As put by the team at Third Sphere, “We use early stage capital to upgrade systems. That starts with finding the sectors currently not working with consideration for people, businesses, or general public responsibility – everything from infrastructure to supply chains. Because ensuring our future takes more than reducing carbon emissions.” Investment Range The team at Third Sphere has multiple funds. For their venture fund, they explain their range and criteria as, “A real investment is about more than capital. We invest at the earliest stages (pre-seed & seed), stay close to our founders, and work with them from the onset of our relationship to build relationships with other founders, investors, and customers. From crafting a clear, eye-catching subject line to navigating a pitch, our emphasis on coaching leads to productive, inventive, and valuable relationships that bring ideas to life. Our community is more than just a nice idea – it’s a system designed to work for you.” Industries Third Sphere breaks down their industries and markets into the following: 10. TheVentureCity As put by their team, “TheVentureCity is a global, early-stage venture fund that refuses to follow the conventional crowd. We offer promising founders investment with bespoke data insights and operating expertise – designed for product-led growth.” Investment Range According to their Visible Connect Profile, the team at TheVentureCity typically writes checks between $1M and $4M. Industries As put on their website, “We are generalists, but index high on Fintech, HealthTech, AI/ML/Data and B2B SaaS. We like businesses that are “needed” and are not just “nice to haves”.” Find out How Visible Can Help Your Startup Today At Visible, we oftentimes compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and, ideally, closing new investors. Related Resource: A Quick Overview on VC Fund Structure With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.
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Fundraising
10 Foodtech Venture Capital Firms Investing in 2024
When starting a venture capital for a fundraise, it is important to stay focused on the right investors for your business. This means sticking to investors that fund companies in your industry, stage, geography, etc. In order to best help founders find the right investors for their business, we’ve laid out 10 investors that are funding FoodTech startups below: Quick Overview of the Food Tech Industry As written by the team at Bread and Butter Ventures, “Food technology includes tech-enabled companies operating anywhere in the food value chain. From on farm to supply chain and manufacturing to restaurants and grocery. “Tech” can be software, hardware, bio sciences, or any combination of the three.” Food and agriculture is a major aspects of the economy. Many venture capitalists and entrepreneurs find that there are inefficiencies in the food and agriculture sector and can be improved by funding innovative companies. Related resource: Top 12 Industry Events and Trade Shows for Food and Beverage Startups (2024 - 2025) Challenges in Foodtech As put by the team at Blue Horizon in their post, The US food industry is facing a labor crisis and needs technology solutions to help solve it, “The food industry is strained from multiple forces, including heightened expectations from both customers and employees (e.g., wage increases, gig economy) as well as macro-economic pressures (e.g., inflation, supply chain constraints).” Related Resource: The 16 Best Startup Newsletters Related Resource: VCs Investing In Food & Bev Startups 1) Better Food Ventures Location: Menlo Park, CA Funding stage: Early-stage, seed stage According to the team at Better Food Ventures, “​​Our investments in food and agriculture technologies span the value chain — from seed, soil, supply chain, store, supper to stomach— to support the digitization of today’s food system, and form the building blocks necessary to meet our food supply needs in 2050.” According to their Visible Connect Profile, the team at Better Food Ventures typically writes checks anywhere between $250k and $10M. Some of Better Food Ventures most popular investments include: Milk Moovement Love with Food Byte 2) 1st Course Capital Location: Redwood City, CA Funding stage: Early-stage, pre-seed, seed As the team at 1st Course Capital puts it, “1st Course Capital is an early stage venture capital firm investing in innovative business models and technologies changing how we grow, produce, and distribute food.” Some of 1st Course Capital’s most popular investments include: BlueCart Farmshelf Gooder Foods 3) Nucleus Capital Location: Berlin Funding stage: Pre-seed and seed stage As put on their website, “Nucleus Capital is a new venture capital firm supporting purpose-driven founders. We believe that entrepreneurial innovation is necessary to tackle global threats to planetary health. We deeply respect the entrepreneurial process and partner with founders at the nucleus of their journey, investing at the Pre-Seed & Seed stage. We are most excited by mission-driven teams with relentless ambition, deep domain expertise and creative ideas.” Nucleus is focused on pre-seed and seed stage investments. Some of Nucleus Capital’s most popular investments include: Planet A Foods Juicy Marbles Yuri 4) Tet Ventures Location: Berlin, Germany Funding stage: Early-stage As put on their Visible Connect Profile, “We are one of the most active global foodtech VCs, investing in teams and technology building a better food system.” Tet Ventures typically writes check anywhere between $50k and $250k. They look to fund companies anywhere in the world at the earliest stages. Some of Tet Ventures most popular investments include: Farmstead Maven Gather Made 5) Bread and Butter Ventures Location: Minneapolis, MN Funding stage: Seed stage As put by the team at Bread and Butter Venturese, “Bread and Butter Ventures is an early stage venture capital firm based in Minnesota, the Bread and Butter State, investing globally while leveraging our state and region’s unparalleled access to strong corporate connections, commercial opportunities, and industry expertise for the benefit of our founders.” You can learn more about Bread and Butter in our podcast with Brett Brohl below: The team at Bread and Butter typically writes checks anywhere between $100k and $400k. They traditionally focus on Food Tech, Health Tech, and Enterprise SaaS companies. Some of Bread and Butter Venture’s most popular investments include: Alchemy Dispatch Goods Omnia Fishing 6) FoodHack Location: Lausanne, Switzerland Funding stage: Pre-seed to Series A As written by the team at FoodHack, “Where Food & FoodTech professionals come to get the inside scoop on industry news and meet partners, friends, mentors, investors – and everything in between. From our weekly newsletter, to our ambassador run Meetups and our annual FoodHack Summit – our goal at FoodHack is to make it easier for purpose driven food founders to access the funding, network and knowledge they need to successfully launch and scale their business.” 7) Bluestein Ventures Location: Chicago, IL Related Resource: Chicago’s Best Venture Capital Firms: A List of the Top 10 Firm Funding stage: Early-stage — typically between seed and series A As put by the team at Bluestein Ventures, “We look for that magic combination of strategic vision + flawless execution. We’re inspired by visionary entrepreneurs that challenge the status quo – purpose-driven teams that are hungry to change the paradigm – and translate that into action. Entrepreneurs are our focus. As experienced investors, we know the journey isn’t easy. That’s why we’re here to partner with you to help you succeed.” Check out some of Bluestein’s most popular investments below: Cultured Decadence Meati New Culture 8) AgFunder Location: San Francisco, CA Funding stage: Seed to Series B As put by their team, “AgFunder is an online Venture Capital Platform based in Silicon Valley. AgFunder invests in exceptional and bold entrepreneurs who are aiming to build the next generation of great agriculture and food technology companies.” The team at AgFunder has written checks anywhere between $50k and $900k in a round. They invest in companies across the globe. Some of AgFunder’s most popular investments include: Atomo Coffee Alpha Foods FieldIn 9) S2G Ventures Location: Chicago, Boston, and San Francisco Funding stage: Anywhere from seed to growth stage As written by the team at S2G, “Our strategy reflects a growing appetite for investment that combines financial returns with positive long-term social and environmental effects. S2G has identified tough tech sectors that are ripe for change and is building a multi-stage portfolio of seed, venture, and growth stage investments and flexible solutions including debt and infrastructure capital.” The team at S2G will invest across many stages and are focused on companies that benefit the environment and society. Check out a few of S2G Venture’s most popular investments below: AppHarvest Ripple Beyond Meat 10) Blue Horizon Location: Zurich, Switzerland Funding stage: Seed to Series B As written by the team at Blue Horizon, “Blue Horizon is accelerating the transition to a Sustainable Food System that delivers outstanding returns for investors and the planet. The company is a global pioneer of the Future of Food. As a pure play impact investor, Blue Horizon has shaped the growth of the alternative protein and food tech market. The company invests at the intersection of biology, agriculture and technology with the aim to transform the global food industry.” Check out some of the most popular Blue Horizon investments below: Eat Just Impossible Foods Planted Secure venture capital for your food tech startup with Visible At Visible, we oftentimes compare a fundraise to a B2B sales and marketing funnel. At the top of your funnel, you are finding new investors. In the middle, you are nurturing and pitching potential investors. At the bottom of the funnel, you are working through diligence and ideally closing new investors. Related Resource: A Quick Overview on VC Fund Structure With the introduction of data rooms, you can now manage every aspect of your fundraising funnel with Visible. Find investors at the top of your funnel with our free investor database, Visible Connect Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.
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Fundraising
10+ Venture Capital Firms in Canada Funding Startups in 2024
At Visible, we typically compare a venture fundraise to a traditional B2B sales and marketing funnel. At the top of the funnel, you find potential investors via cold outreach and warm introductions. In the middle of the funnel, you nurture potential investors with meetings, pitch decks, updates, and other communications. At the bottom of the funnel, you are working through due diligence and hopefully closing new investors. Like sales, a healthy fundraising funnel starts by finding the right investors. This can be based on geography, check size, focus areas, etc. For founders looking for investors in Canada, check out our list below: 1. BDC Ventures As put by the team at BDC Ventures, “Our venture capital funds present diverse opportunities for entrepreneurs to innovate in new and existing markets. The breadth of our funds across industries, technologies and company stage is unique in Canada’s venture capital space. Each fund is managed by a dedicated team with decades of experience bringing groundbreaking Canadian companies to the world stage.” Location BDC Ventures is focused on growing the venture capital ecosystem in Canada. Company Stage BDC Ventures invests in companies from early to late stages. Preferred industries The team at BDC Ventures is currently operating 6 funds that invest across multiple industries including: Sustainability Venture Fund Climate Tech Fund II Thrive Venture Fund and Lab for Women Deep Tech Venture Fund Industrial Innovation Venture Fund Growth Venture Co-Investment Fund Related Resource: 10+ VCs & Accelerators Investing in Underrepresented Founders Portfolio Highlights Some of BDC Ventures’ most popular investments include: Hopper Unsplash Shoelace 2. Golden Ventures As put by the team at Golden Ventures, “We have a deep sense of empathy to founders and their craft. We challenge our portfolio and team to build remarkable companies. We are authentic and rational in our decision-making and apply the same honesty to our relationships.” Location Golden Ventures is headquartered in Toronto and invest in companies throughout North America. Company Stage Golden Ventures is focused on seed-stage companies. As put by their team, “We target initial commitments of $500K – $2M for between 7-15% of a company, and we reserve capital to follow on into companies based on progress.” Related Resource: Seed Funding for Startups 101: A Complete Guide Preferred industries Golden Ventures is industry agnostic in its investment approach. Portfolio Highlights Some of Golden Ventures’ most popular investments include: ApplyBoard Yesware Stacked 3. Inovia Capital As put by their team, “Inovia Capital is a venture capital firm partnering with founders to build impactful and enduring global companies. With four active venture funds, two growth funds, a continuation fund and an expanding team of investors, operators and advisors, we are fully equipped to support founders with capital, insights and mentorship throughout their journey.” Location Inovia Capital is headquartered in Canada and invests in companies across the globe. Company Stage Inovia Capital invests in companies across all stages. Preferred industries As put by their team, “We focus on B2B and B2C SaaS companies and marketplaces.” Related Resource: 32 Top VC Investors Actively Funding SaaS Startups Portfolio Highlights Some of Inovia’s most popular investments include: Bench Hopper Darwin AI 4. BlueSky Equities As put by their team, “Bluesky Equities is a privately-owned, absolute-return focused, investment management company. We are unconstrained in our approach, investing in public and private markets with a focus on alternative assets including venture capital, private equity, hedge funds, and real estate.” Location Bluesky Equities is headquartered in Calgary and invest in companies across Canada. Company Stage Bluesky Equities is focused on early-stage investments. Preferred industries Bluesky Equities is focused on B2B SaaS companies. Related Resource: 15+ VCs Investing in the Future of Work Portfolio Highlights Some of Bluesky Equities’ most popular investments include: Ownly Active Door Spocket 5. ArcTern Ventures As put by the team at ArcTern Ventures, “Since 2012, we’ve been investing in entrepreneurs obsessed with solving humanity’s greatest challenges—climate change and sustainability. We’re former startup founders ourselves, we get it, and like you, we believe technology can save our planet.” Location ArcTern has office locations in Toronto, San Francisco, and Oslo and invests in companies across the globe. Related Resource: The 11 Best Venture Capitals in San Francisco Company Stage Explain the company stage this firm invests in. Preferred industries As put by their team, “We invest broadly in technology companies that have a positive impact on climate change and sustainability.” Some specific sectors include: Clean Energy Energy Efficieny and Storage Circular Economy Advanced Manufacturing and Materials Mobility Food Systems Related Resource: VCs Investing In Food & Bev Startups Portfolio Highlights Some of ArcTern’s most popular investments include: Palmetto Span Flashfood 6. Relay Ventures As put by the team at Relay Ventures, “We don’t fund companies. We fund founders. From the beginning, we have had a simple philosophy. We view founders as partners. We bring capital, networks, and experience, and our founders bring expertise, teams, and dreams. Together we build transformational businesses based on teamwork, trust, and aspiration. Because being a founder depends on it. Our track record speaks for itself.” Location Relay Ventures is headquartered in Toronto and invests in companies across North America. Company Stage Relay Ventures is focused on seed and pre-seed stage companies. Preferred industries Relay Ventures is industry agnostic and focuses on companies operating in large markets. Portfolio Highlights Some of Relay Ventures’ most popular investments include: Ecobee Bird Swift 7. Alate Partners As put by the team at Alate Partners, “We invest in courageous founders and transformational technology that will change the built world for the better. Founded as a partnership between Relay Ventures and Dream, our team has decades of experience in venture capital, operations, and real estate. In addition to providing capital, Alate has unique access to expertise and customers through our network of influential real estate partners, investors, and founders.” Location Alate Partners is headquartered in Toronto. Company Stage Alate Partners invest in companies around the Seed and Series A stages. Preferred industries As put by their team, “We exclusively invest in real estate and construction technology, so you can skip explaining the basics and focus on what matters most. Our knowledge and network are here to accelerate your growth.” Portfolio Highlights Some of Alate’s most popular investments include: Bird Altrio PadSplit 8. Real Ventures As put by their team, “Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance, mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion.” Location Real Ventures is headquartered in Toronto and has an office in Montreal. They primarily invest in companies in Canada. Company Stage Real Ventures is focused on early-stage investments. Preferred industries As put by their team, “There is no standard answer, but there are three main things that we look for: a great team with unique insight on a market opening that has massive scaling potential. We like to hear bold ideas that have the potential to disrupt unconventional industries.” Portfolio Highlights Some of Real Ventures most popular investments include: Mejuri Integrate AI Unbounce 9. Georgian As put by the team at Georgian, “We believe that entrepreneurs deserve an experience of growth capital that matches any other best-in-class technology partner. We’re focused on your experience as a growth-stage CEO, using data-driven insights to improve how our team supports you and your team.” Location Georgian is headquartered in Toronto and invests in companies across the globe. Company Stage Georgian is focused on companies that are generating $500k+ in MRR and are raising between $25M and $75M. Preferred industries Georgian is focused on B2B SaaS companies. Related Resource: FinTech Venture Capital Investors to Know Portfolio Highlights Some of Georgian’s most popular investments include: Beam Shopify Ritual 10. Panache Ventures As put by the team at Panache Ventures, “We invest in the most promising founders — those who are automating, decentralizing, democratizing, and expanding human capabilities. We want to be the first to invest in your potential, and to support your leadership.” Location Panache is headquartered in Montreal and invests in primarily invests in companies in Montreal. Company Stage Panache invests in early-stage companies and tries to write the first check into their companies. Preferred industries Panache is industry agnostic in their approach. Related Resource: 10 VC Firms Investing in Web3 Companies Portfolio Highlights Some of Panache Ventures most popular investments include: Altrio Dwelling Relay Maximize your fundraising impact with Visible As we mentioned at the beginning of this post, a venture fundraise often mirrors a traditional B2B sales and marketing funnel. Just as a sales and marketing team has dedicated tools, shouldn’t a founder that is managing their investors and fundraising efforts? Use Visible to manage every part of your fundraising funnel with investor updates, fundraising pipelines, pitch deck sharing, and data rooms. Raise capital, update investors, and engage your team from a single platform. Try Visible free for 14 days.
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FinTech Venture Capital Investors to Know in 2024
The last few years have been interesting for Fintech as we've seen both startups and established companies start to rethink the financial industry in order to adapt to a world that was rapidly changing thanks to crypto, blockchain, and the pandemic. Related resource: 14 FinTech Startups Shaping the Future of Finance Relevant trends from the past few years include: A surge in investments and interest in crypto and blockchain Financial services and products broadened as more partnerships were created thanks to embedded banking A shift from legacy infrastructures to core banking systems Fintech’s reach expanded to regions of the world that needed it most due to broken financial systems such as Southeast Asia, Africa, and Latin America There was a focus on innovation and global opportunities from VC’s and companies who are looking to take advantage of the increasing need for change within the Fintech industry Recent Investment highlights: (source) “Record number of fintech deals drives total investment to $210 billion in 2021” “Blockbuster year for crypto and blockchain, with $30 billion in investment globally” “‘Buy now, pay later’ space seeing large deals across jurisdictions” “Increasing focus on core banking replacements” “PE investment in fintech space more than doubles previous high” What we can take away from this is that fintech is emerging to be the leading sector within investments and 2022 will be a year of increased optimism and interest not only within Fintech but subsectors (such as Defi), which are well positioned to keep evolving and make a huge impact on the world and the financial system as we know it. There is a huge need for modernizing core banking platforms and even replacing banking systems- making it the best time to launch a fintech startup as well as invest in one. TechCrunch conducted interviews with some of the top VCs within the fintech space and said the two biggest topics that are spiking the interest of investors are crypto and Latin America investments. Others have said that there is also an increasing interest in B2B payments, BNPL (buy now, pay later platforms), embedded services (embedded lending, embedded insurance and embedded capital markets businesses- source). KPMG’s top predictions for the fintech market globally in 2022: (Source) A growing number of banks will offer embedded solutions There will be increased regulatory scrutiny of embedded finance offerings Fintechs will focus on branding themselves as data organizations ESG-focused fintechs will have a big growth trajectory There will be a stronger focus on dealmaking in underdeveloped regions. Unicorn status will lose some of its luster in developed markets, but remain key in emerging ones Related Resource: 15 Cybersecurity VCs You Should Know Related Resource: 14 Gaming and Esports Investors You Should Know Visible looks to help connect founders with investors all over the world. Below, we highlight 10 of our favorite FinTech venture capitalists. Search through these investors and 13,000+ more on Visible’s Connect platform. FinTech Collective Location: New York, New York, United States About: The firm is currently investing out of its third fund, a $200m early-stage fund with a focus on capital markets, wealth and asset management, banking-lending-payments, and insurance. The firm actively invests in decentralized finance (“defi”) opportunities across these segments. Thesis: Our ambition is to create the future of financial services, bringing transparency and choice to developed markets and financial connectivity and socio-economic mobility to developing markets. Investment Stages: Seed, Series A, Series B Recent Investments: Qlub NYDIG Anyfin Accel Location: Palo Alto, California, United States About: Accel is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth. Atlassian, Braintree, Cloudera, CrowdStrike, DJI, Dropbox, Dropcam, Etsy, Facebook, Flipkart, FreshWorks, Jet, Qualtrics, Slack, Spotify, Supercell, UiPath and Vox Media are among the companies the firm has backed over the past 35 years. Thesis: We partner with exceptional founders with unique insights, from inception through all phases of growth. Investment Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth Recent Investments: NiYO Solutions Coast Genesis Global Anthemis Group Location: New York and London About: Our deep understanding of markets and models, passion for emerging technology and values inspire everything we do. By creating fertile ground for a diverse group of startups, investors, entrepreneurs, institutions, academics, and visionaries to converge, we believe we can solve the financial services world’s most pressing challenges faster, better and for the benefit of all. Thesis: Invests in startups that leverage technology to significantly impact the financial system. Investment Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth, Early Stage, Startup Studio (Lab) Recent Investments: Atom Bank tide Flat.mx Related Resource: 15 Venture Capital Firms in London Fueling Startup Growth RRE Ventures Location: New York, New York, United States About: RRE Ventures is a New York-based venture capital firm that offers early-stage funding to software, internet, and communications companies. Investment Stages: Series A, Series B Recent Investments: Venmo Bol Capitalize Greycroft Location: New York, New York, United States About: Greycroft is a venture capital firm that focuses on technology start-ups and investments in the Internet and mobile markets. Investment Stages: Pre-Seed, Seed, Series A, Series B, Growth Recent Investments: Procurated CyberFortress Kandji Insight Partners Location: New York, New York, United States About: Insight Partners is the most trusted scale-up firm in the software industry. Thesis: We support companies in good times, as well as challenging ones. Investment Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth Recent Investments: ncino checkout.com coast QED Investors Location: Alexandria, Virginia, United States About: QED Investors actively supports high-growth businesses that use the information to compete — and win. Investment Stages: Seed, Series A, Series B Recent Investments: zibo bitso Index Ventures Location: San Francisco, California, United States About: They are an international venture capital firm based in London, San Francisco and Geneva Thesis: Other firms invest in deals, Index invests in people. A deal is transactional. Relationships endure, and ours are based on curiosity, thoughtfulness, and deep conviction. Investment Stages: Seed, Series A, Series B, Series C, Growth Recent Investments: CoverWallet Savvy Wealth Fireblocks Related Resource: The 11 Best Venture Capitals in San Francisco Better Tomorrow Ventures Location: San Francisco, CA About: BTV is an early stage fintech focused fund that leads rounds in pre-seed and seed-stage fintech companies globally. We take a pretty broad view on fintech, and many vertical SaaS and marketplace businesses fit in our purview too. Thesis: We invest for a better future (hence the name); financial technology is a great way to improve people’s lives. Investment Stages: Pre-seed, Seed Recent Investments: Brick CreditBook Clubbi Bain Capital Ventures Location: Boston, Massachusetts, United States About: Bain Capital Ventures is a global private equity firm with over $17 billion of assets under management. Since 1984, the firm has invested in over 200 companies, with such notable successes as Aspect Development, DoubleClick, Gartner Group, and Netfish Technologies. Bain Capital Ventures manages a $250 million fund. Bain Capital Ventures partners with exceptional management teams to help early stage companies become long-term leaders in their markets. Thesis: We partner with disruptive founders to accelerate their ideas to market. Investment Stages: Pre-Seed, Seed, Series A, Series B, Growth Recent Investments: Orum Material Bank Reonomy American Express Ventures Location: Palo Alto, California, United States About: Seeks to invest in innovative startups in order to enhance the company’s core capabilities and accelerate their efforts in consumer commerce and B2B services. Investment Stages: Seed, Series A, Series B, Series C, Growth Recent Investments: Finmark Pinwheel Statespace SignalFire Location: San Francisco, California, United States About: SignalFire is a venture capital firm that invests in seed-stage companies and breakout companies. Investment Stages: Seed, Series A Recent Investments: Tradeswell PlanetScale ​​Ro Torch Capital Location: New York, New York, United States About: Torch Capital is a brand-focused investment firm built to shepherd the next generation of industry changing mission driven consumer companies. We invest in consumer platforms, products and services from healthcare, fintech, and food & beverage, to digital media, e-commerce and marketplaces. Investment Stages: Pre-Seed, Seed, Series A Recent Investments: Embed Lili Little Otter Mouro Capital Location: London, England About: Mouro Capital is a venture capital firm that backs entrepreneurs and start-ups who are shaping the future of financial services. With $400m AuM and the support of Banco Santander, the fund targets early to growth stage investment opportunities across Europe, North America and Latin America. The fund brings fintech expertise, a global network and a track-record of successful investments and market recognition from our core investment team to scaling start-ups. Recent Investments: a55 Digital Asset Holdings Curve Canaan Partners Location: Westport, Connecticut, United States About: Canaan Partners invests more than money in a company—they invest their time, experience, knowledge, connections and team-oriented approach. They place tremendous value on creating working partnerships with entrepreneurs and management teams who have the character and the drive to succeed. Prominent among Canaan’s resources is the breadth of operating, managerial and financial experience. Investment Stages: Seed, Series A, Series B, Growth Recent Investments: Kickpay CircleUp Italic Related Resource: Atlanta’s Hottest Venture Capital Firms: Our Top 9 Picks Additional FinTech Resources Downloadable KPMG’s Pulse of Fintech H2’21 Download this edition for: Global and regional analysis with key investment data and insights Top fintech trends for 2022 and beyond Interviews with Quantexa and Thought MachineFintech segment insights for a deeper dive into payments, insurtech, regtech, Wealthtech, cybersecurity, blockchain and cryptocurrency Spotlight articles on Emerging Markets: LATAM and Africa. Other Investor Lists 15 Venture Capital Firms Investing in VR 10 Gaming and Esports Investors You Should Know 10 Venture Capitalists Investing in Cannabis 60+ Active Seed Stage SaaS Investors & Fundraising Tips 23 Top VC Investors Actively Funding SaaS Startups Exploring VCs by Check Size 10 VCs Investing In Food & Bev Startups 10 Blockchain Investors Founders Should Know 10 VC Firms Investing in Web3 Companies 15 Direct to Consumer (D2C) VC Investors You Need to Know Start Your Next Round with Visible We believe great outcomes happen when founders forge relationships with investors and potential investors. We created our Connect Investor Database to help you in the first step of this journey. Instead of wasting time trying to figure out investor fit and profile for their given stage and industry, we created filters allowing you to find VC’s and accelerators who are looking to invest in companies like you. Check out all our FinTech investors here. After learning more about them with the profile information and resources given you can reach out to them with a tailored email. To help craft that first email check out 5 Strategies for Cold Emailing Potential Investors. After finding the right Investor you can create a personalized investor database with Visible. Combine qualified investors from Visible Connect with your own investor lists to share targeted Updates, decks, and dashboards. Start your free trial here.
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Berlin Venture Capital Investors to Know in 2024
Over the last decade, Berlin has transformed into the Silicon Valley of Germany and become a hotspot for founders and venture capital, with over 500 startups and around 40,000 business registrations per year. The city is the perfect environment for entrepreneurs to start and scale their businesses. Favorable conditions include highly qualified international talent, lots of networking opportunities and a vibrant social scene, a high standard of living at a relatively low cost, and a very active VC scene. Some of the well-established startups that call Berlin home are Soundcloud, Zalando, GetYourGuide, Delivery Hero, HelloFresh, N26, Tier Mobility, and Grover- just to name a few. Alternate funding opportunities, accelerators, and startup communities that are specific to Berlin Berlin government grants IBB BSS Accelerators and Incubators entrepreneur first Antler SIB (Startup Incubator Berlin) Expedite Ventures: Expedite Ventures is a Business Angel group of CTOs and CPOs. “We support tech founders hands-on with our know-how and capital. We’re nerds at heart, all passionate founders ourselves – some of us are still running startups. We have decades of collective experience in building and scaling technology companies. We offer a true hands-on mentoring approach, which we think is at least as important as capital. That’s why we provide both – plus a perspective that typical business-oriented angels and most VCs simply can’t provide.” Startup Scholorships IHK Berlin: Set-up subsidy for those unemployed Bayer G4A– partners with healthcare startups and technology companies that are developing innovative solutions in healthcare. Encourage Ventures: The investor network for female founders Notable Angels include co-founders and former MDs from Blinkist, N26, and mysugr. Innovators Room– helps founders, investors, corporate innovators as well as rising talent to network and advance their career together, through our Slack community, TechJobs newsletter and various online and offline learning events. Factory Berlin– provides members a curated network of entrepreneurs, professionals and creators, exclusive networking and knowledge-sharing events and programs, and access to our two locations in Berlin. WLOUNGE– a connector, change-maker, door opener, inspiration, access, enabler, and empowerment, headquartered in Berlin. A key player in the German Tech ecosystem and globally. We are global, founded to support diversity and women in business and technology. Each year we provide innovative services, workshops, round tables, The Tech Awards Gala, delegations, conferences, investment scouting, female founders program, leadership and fundraising, Growth opportunities, matchmaking activities between startups and corporates. BerChain– A non-profit association based in Berlin, connecting and promoting the Berlin Blockchain community from throughout the Blockchain ecosystem and beyond, positioning Berlin as the global Blockchain Capital. Hubraum-hubraum is Deutsche Telekom’s tech incubator. By bringing early-stage startups and the leading European telco together, hubraum sparks innovation transfer and creates business opportunities for both sides. Since 2012, hubraum has been collaborating with the digital ecosystem out of its campuses in Berlin, Krakow and Tel Aviv. EXIST– EXIST aims at improving the entrepreneurial environment at universities and research institutes. FoodLabs– FoodLabs is a venture studio and investor for startups that shape the future of nutrition, sustainability and health. Berlin VC Investment Within the Last 10 Years: Events StartUpNight– This will be the 10th year of the event which includes stage programs, workshop sessions, and pitch opportunities, experts from venture capital firms, corporates, and funding institutions will give founders the opportunity to present themselves and their innovations and get answers to their questions on important topics such as funding. Hub.berlin– The business festival for digital movers and makers. TOA– Tech Open Air Resources Berlin Startup Report (only in German) Berlin Startup Resources Berlin Startup Map Top 10 Government Grants Guide to Berlin startup funding German Startup News EU Startups Business Insider: Grunderszene Startup-Insider VCs Investing in Berlin Startups Lakestar Location: Zürich, Zurich, Switzerland About: Lakestar invests with a long term view across all stages from Seed to Growth. We have been privileged to partner with some of the world’s best tech entrepreneurs. Their stories are inspirational and make us proud. Thesis: Our vision is of a world of technology-enabled, progressive societies, born of the very best ideas that founders can dream up and that we can help realise. Investment Stages: Seed, Early, Growth Recent Investments: 1047 Games AccuRx Aetion Related Resource: 8 Active Venture Capital Firms in Germany June Fund Location: Berlin, Germany About: June is a global technology investor, backed by leading industrial minds. June invests into new paradigms across all stages – from networks to infrastructures to open software platforms. We take a macro-thematic view on technological progress, new economic models and value creation. June’s breadth of experience, intellectual curiosity and long-term thinking have attracted exceptional teams and individuals. Investment Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth Recent Investments: Reebelo Statespace SimScale HV Capital Location: Berlin, Munich, Germany About: Founded in 2000, they are one of the leading independent European early stage funds. Investment Stages: Pre-Seed, Seed, Series A Recent Investments: Storyblok KoRo Flip Target Global Location: Berlin, Berlin, Germany About: We’re an international VC headquartered in Berlin with €800m+ AuM, focusing on fast-growing tech companies across their lifecycles. With offices in London, Tel Aviv, & Barcelona, we connect the key European startup ecosystems. We help exceptional entrepreneurs to build market leaders. Investment Stages: Pre-Seed, Seed, Series A Recent Investments: Masterschool Reverence Casava Acton Capital Location: Munich, Bayern, Germany About: Acton Capital Partners is a specialist investor in internet- and mobile-based, consumer-oriented businesses. Having managed more than 30 investments since 1999 as the corporate venture capital business of Hubert Burda Media, the German family-owned global media company, the Acton team brings a wealth of expertise to the companies in which it invests, delivering superior capital returns. Investment Stages: Series A, Series B Recent Investments: Convelio Zenjob Knix Wear IBB Location: Berlin, Germany About: Investing in Berlin-based start-ups with a focus on Tech (e.g. Software & IT, Industrial Tech, Health Care) and other business model innovations (e.g. Digital Consumer and Media Businesses). Thesis: IBB Ventures is for all those who make a difference and create a sustainable future. We invest public funds as venture capital and, together with Berlin startups, help to promote our capital as a business location. Our focus is on innovative ideas and ambitious founders. With our many years of experience we are at your side and help you to successfully implement your ideas. Investment Stages: Seed, Series A Recent Investments: Blinkist Babbel The Female Company Speedinvest Location: Berlin, London, Munich, Paris, and Vienna, Austria About: We have 40 investment pros in Berlin, London, Paris, Munich, Vienna, San Fran & an in-house team of 20 operational experts to support you from day one. We fund early-stage Fintech, Digital Health, Consumer Tech, Network Effects, Deep Tech & Industrial Tech. Send us your pitch! Thesis: Speedinvest is a leading early-stage venture capital firm with more than €600M AuM and 40 investors based in Berlin, London, Munich, Paris, and Vienna. Our dedicated sector-focused teams are the first to fund Europe’s most innovative technology startups and our in-house operational experts are on-hand to offer founders ongoing support with growth, HR, US market expansion, and more. Wefox, Bitpanda, TIER Mobility, GoStudent, Wayflyer, CoachHub, Schüttflix, TourRadar, Adverity, and Twaice are among our portfolio of 250+ companies. Learn more at www.speedinvest.com. Investment Stages: Pre-Seed, Seed, Series A Recent Investments: Bliq Byrd Kevin Verve Ventures Location: Zürich, Switzerland About: Verve Ventures provides its pan-European network of selected private and institutional investors access to those top-tier investment opportunities. The company invests from EUR 500k to several million from Seed to Series B and beyond across Europe. Verve Ventures’ dedicated team helps startups with their most pressing needs such as hiring, client introductions and access to an expert network of high-profile individuals. To become part of Verve Ventures’ growing network of entrepreneurs and investors, visit verve.vc. Thesis: Investing in technology and science-driven startups. Adding value through our exclusive network of investors. Investment Stages: Seed, Series A, Series B Recent Investments: Soter Analytics Byrd helios Cherry Ventures Location: Berlin, Germany About: Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe’s boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of their businesses. Cherry Ventures has previously invested in the seed stage of over 70 companies across Europe, including FlixBus, Auto1 Group, Flaschenpost, Infarm, Rows, Forto, SellerX, Juni, and Flink. Cherry Ventures is based in Berlin and invests across Europe with operations in London and Stockholm. Thesis: Founders first and investors second. Investment Stages: Pre-Seed, Seed Recent Investments: Klar Cosuno NUMA Group EQT Ventures Location: Stockholm, Stockholms Lan, Sweden About: EQT Ventures is a sector agnostic, multi-stage VC fund, with just over €1.2 billion total capital raised. The fund’s team of former founders and operators from the likes of Spotify, Booking.com, Hotels.com and King have experienced the entrepreneurial journey firsthand and know how challenging it can be. They’re ready to support the next generation of entrepreneurs in Europe and the US with the expertise and advice needed to build global success stories. Investment Stages: Seed, Series A, Series B, Series C Recent Investments: Moralis Instabox Nothing BlueYard Capital Location: Berlin, Germany About: BlueYard invests in founders with transforming ideas that decentralize markets and empower humanity. Typically $1-3m as an initial investment; active around the world. Most active in crypto/web 3 (e.g. Protocol Labs, Filecoin, Open Zeppelin, Radicle), technologies that help us overcome our largest planetary challenges (e.g. Marvel Fusion, Meatable, Dance), frontier biology to help us live long and prosper (e.g. BitBio, Biofidelity) and vertical software un-bundling monopolies (e.g. Pitch, Wonder). Thesis: BlueYard seeks to invest in founders with transforming ideas that decentralize markets. Investment Stages: Pre-seed, Seed, Series A Recent Investments: Privy Dance FreedomFi Expedite Ventures Location: Berlin, Germany About: Expedite Ventures is a Business Angel group of CTOs and CPOs. We support tech founders hands-on with our know-how and capital. We offer a true hands-on mentoring approach, which we think is at least as important as capital. That’s why we provide both – plus a perspective that typical business-oriented angels and most VCs simply can’t provide. Investment Stages: Pre-seed, Seed Recent Investments: Superlist widgetbok supernova Start Your Next Round with Visible We believe great outcomes happen when founders forge relationships with investors and potential investors. We created our Connect Investor Database to help you in the first step of this journey. Instead of wasting time trying to figure out investor fit and profile for their given stage and industry, we created filters allowing you to find VC’s and accelerators who are looking to invest in companies like you. Check out all our investors here and filter as needed. After learning more about them with the profile information and resources given you can reach out to them with a tailored email. To help craft that first email check out 5 Strategies for Cold Emailing Potential Investors. After finding the right Investor you can create a personalized investor database with Visible. Combine qualified investors from Visible Connect with your own investor lists to share targeted Updates, decks, and dashboards. Start your free trial here.
founders
Fundraising
The 11 Best Venture Capitals in San Francisco in 2024
At Visible, we typically compare a venture fundraise to a traditional B2B sales and marketing funnel. At the top of the funnel, you are finding potential investors via cold outreach and warm introductions. In the middle of the funnel, you are nurturing potential investors with meetings, pitch decks, updates, and other communications. At the bottom of the funnel, you are working through due diligence and hopefully closing new investors. Related Resource: The 12 Best VC Funds You Should Know About Like sales, a healthy fundraising funnel starts by finding the right investors. This can be based on geography, check size, focus areas, etc. For founders looking for investors in the San Francisco area, check out our list below: 1. Accel As put by their team, “Accel is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth.” Focus and industry: Accel is industry agnostic Funding stage: Accel invests across many stages — from pre-seed to series B and beyond Accel is synonymous with venture capital in San Francisco. Accel was founded in 1983 and has since funded 1,500+ companies. They have funds across the globe and invest in founders across many geographies, industries, and stages. Some of their most popular investments include: Facebook Slack Spotify Location: Palo Alto, CA 2. Greylock Partners As put by their team, “At Greylock, our mission is to help realize rare potential. To do this well, we believe it’s essential to be trusted partners to entrepreneurs at every stage — from idea to IPO. The entrepreneurs we back have the vision to build something huge that hasn’t existed before. They are paranoid about what could go wrong — but are obsessed with what can go right. They are mission-driven, intellectually honest and infinite learners. They have raw ambition, bravery, and grit. They don’t give up, ever. And they are unique in their ability to lead and inspire others to join their journey.” Focus and industry: Greylock is focused on enterprise, consumer, and crypto software Related Resource: FinTech Venture Capital Investors to Know Funding stage: Greylock invest from pre-seed to series B and beyond As put by their team, “We focus on enterprise, consumer, and crypto software at Seed and Series A, and also make new company investments in Series B and beyond. We support entrepreneurs throughout their journey from idea to IPO and onwards.” Some of their most popular investments include: Airbnb Facebook Figma Location: Menlo Park, CA 3. Menlo Ventures As put by their team, “Genuinely, actively invested. Invested in your success, but also your struggles. Your questions, your concerns, your highs, your lows. We don’t just invest our dollars, we invest our dedication, our drive. Our tested advice and trusted support. That’s because, when we find an idea we believe in, we’re all engaged. When we’re in, we’re ALL IN.” Focus and industry: Menlo Ventures focuses on the following industries: Consumer Cloud Infrastructure Cybersecurity Fintech Healthcare SaaS Supply Chain and Automation Related Resource: 15 Cybersecurity VCs You Should Know Funding stage: Menlo Ventures across stages from inception to series B and beyond As put by their team, “We are investors and company builders—we know what it takes to turn a budding idea into a scalable business. We work with early-stage founders to find product-market fit, develop go-to-market strategies, scale their organizations, and support them as they grow.” Some of their most popular investments include: Affinity Minted Roku Location: Menlo Park, CA 4. Spark Capital As put by their team, “We are Spark Capital, investors in products we love by creators we admire, including Affirm, Carta, Cruise, Discord, Oculus, Plaid, Postmates, Slack, Twitter, and Wayfair. We know there are no playbooks or formulas for success and are here to help founders win their own way. We invest across all sectors and stages, and work out of San Francisco, Boston, and New York City.” Focus and industry: Spark Capital invests across all industries Funding stage: Spark Capital invests across all stages Like many of the funds on this list, Spark Capital has been investing across all industries and all stages for decades. Some of their most popular investments include: Twitter Slack Affirm Location: San Francisco – Boston – New York 5. Bessemer Venture Partners As put by their team, “Bessemer Venture Partners is the world’s most experienced early-stage venture capital firm. With a portfolio of more than 200 companies, Bessemer helps visionary entrepreneurs lay strong foundations to create companies that matter, and supports them through every stage of their growth.” Focus and industry: BVP invests across many industries Funding stage: BVP invests in early-stage companies BVP has become a leader in early-stage investments. They focus on companies across the globe and have backed some of the most famous companies to date. Some of their most popular investments include: LinkedIn Shopify Yelp Location: San Francisco, CA 6. Altos Ventures As put by their team, “Altos Ventures was founded in 1996, to exclusively address the needs of promising, young technology companies and entrepreneurs. Because of their focus on entrepreneurs – along with their network of co-investors, partners, and industry experts—they know how to build viable business models so companies can move on to the next stage of growth.” Focus and industry: List the focus, industry, or types of companies this VC typically invests in. Funding stage: Altos Ventures is focused on early-stage companies Altos Ventures is a purpose-driven investment fund that is focused on the fundamentals. Some of their most popular investments include: Bench Outdoorsy Roblox Location: Menlo Park, CA 7. Andreessen Horowitz As put by their team, “Andreessen Horowitz was established in June 2009 by entrepreneurs and engineers Marc Andreessen and Ben Horowitz, based on their vision for a new, modern VC firm designed to support today’s entrepreneurs. Andreessen and Horowitz have a track record of investing in, building and scaling highly successful businesses.” Focus and industry: Andreessen Horowitz invests across many industries, including: Bio + Health Cultural Leadership Consumer Crypto Enterprise Fintech Games Related Resource: 15 Venture Capital Firms Investing in VR Funding stage: Andreessen Horowitz invests across all stages. As put by their team, “a16z is defined by respect for the entrepreneur and the company building process; we know what it’s like to be in the founder’s shoes. The firm is led by general partners, many of whom are former founders/operators, CEOs, or CTOs of successful technology companies, and who have domain expertise ranging from biology to crypto to distributed systems to security to marketplaces to financial services.” Some of their most popular investments include: Affirm Airbnb Coinbase Location: Menlo Park, CA 8. Expa As put by their team, “Expa is where the best startups find support and funding to scale. Collectively, we’ve launched dozens of companies, supported 50+ founders, and reached hundreds of millions of users. Our community of builders includes the founders and leaders of Uber, Virgin Galactic, Twitter, Current, and more.” Focus and industry: Expa invests across many industries Funding stage: Expa focuses on early-stage investments As put by their team, “Expa was created by Uber co-founder Garrett Camp to support the next generation of founders. The partners at Expa are builders and operators themselves, who can provide founders with practical advice in product design, branding, engineering, operations, and recruiting.” Some of their most popular investments include: Aero Drip Radar Location: San Francisco, CA 9. Benchmark Venture Capital As put on their Visible Connect profile, “Benchmark Capital is focused on one, and only one, mission: to help talented entrepreneurs build great technology companies. That’s what drives them and everything they do – from how they organize their firm to their investment strategy.” Focus and industry: Benchmark is focused on social, mobile, local, and cloud companies. Funding stage: According to their Visible Connect profile, “Their investments range in size from as little as $100,000 to as much as $10 or $15 million. Typically, they invest $3 to $5 million initially and expect to invest $5 to $15 million over the life of a company.” Benchmark has raised 6 funds that span 2 decades. Some of Benchmark’s most popular investments include: Asana Dropbox Zillow Location: San Francisco, CA 10. First Round Venture Capital As put by their team, “We’re focused on being the world’s best partner for founders at the very first stages of company creation — so we’ve designed the firm to do just that. When you work with First Round, you get super active partners (most of whom are former founders themselves) working side-by-side with you on your biggest and smallest challenges.” Focus and industry: First Round invests across all industries Funding stage: First Round likes to be the first check in a company, regardless of stage. As put by their team, “Typically, our initial investment in a startup ranges from $1 million to $5 million, but we’ve gone higher and lower in some cases. Currently, our average initial investment is right around $3 million.” Some of First Round’s most popular investments include: Notion The Black Tux Uber Location: San Francisco – New York – Philadelphia 11. Y Combinator Y Combinator is synonymous with accelerators. As put by their team, “Y Combinator (YC) is a startup fund and program. Since 2005, YC has invested in nearly 3,000 companies including Airbnb, DoorDash, Stripe, Instacart, Dropbox, and Coinbase. The combined valuation of YC companies is over $300B. YC has programs and resources that support founders throughout the life of their company.” Focus and industry: Y Combinator invests across all industries. Funding stage: Y Combinator helps companies launch with a $500k check. Since its inception in 2005, Y Combinator has been accredited for helping launch, fund, and grow some of the most prolific startups. Some of their most popular investments include: Airbnb DoorDash Stripe Location: San Francisco, CA Find top investors in the Bay Area with Visible As we mentioned at the beginning of this post, a venture fundraise often mirrors a traditional B2B sales and marketing funnel. Just as a sales and marketing team has dedicated tools, shouldn’t a founder that is managing their investors and fundraising efforts? Use Visible to manage every part of your fundraising funnel with investor updates, fundraising pipelines, pitch deck sharing, and data rooms. Raise capital, update investors, and engage your team from a single platform. Try Visible free for 14 days.
founders
Fundraising
A Founder’s Guide to Accelerators Funding Startups in 2024
As an ambitious founder, joining an accelerator program can be a major stepping stone to startup success. By joining an accelerator, startups can fast-track their progress, accessing resources and networks that would otherwise take years to build. The impact of such programs is evident when we look at companies like Dropbox, Airbnb, and Reddit, each of which gained invaluable benefits from accelerator experiences with Y Combinator. By turbocharging their development, these companies leaped ahead, becoming industry leaders and household names. In this article, we’ll delve deeper into the world of accelerators, helping you understand why such a program could be a game-changer for your startup and some startup Accelerators to consider from our Connect investment database. Benefits of Joining an Accelerator One of the most significant advantages of accelerator programs lies in the mentorship they provide. Founders are often paired with experienced entrepreneurs, investors, or industry experts who guide them through their growth trajectory. These mentors provide a wealth of industry insights, and strategic guidance that can open doors to significant networking opportunities. Alongside this, accelerators usually offer a certain amount of funding in exchange for equity. This early-stage capital injection can be crucial for startups to build their prototype, hire talent, or scale their operations. It also opens up a vast network of fellow founders, investors, and industry professionals, creating an ecosystem of collaboration and learning. Additionally, founders gain access to resources and tools, such as workspaces, training sessions, and state-of-the-art technology. Accelerators ensure startups have what they need to succeed in today’s competitive market. These cumulative benefits can often be the catalyst that propels a young startup from stagnation to rapid growth. “We surveyed 43 founders who attended these accelerators to better understand their biggest takeaways from each respective program. Founders highlighted many aspects of the accelerator programs, including access to quality advisers, mentors, and corporations, the strength of the program’s network, and the benefits of an environment that encourages deep thinking and iteration. They also appreciated education on fundraising and warm connections to investors and potential customers. On the other hand, founders expressed the need for more education on running a company.” – PitchBook Newsletter Related resource: 12 Online Startup Communities for Founders Selection Criteria and Application Process Accelerators receive a plethora of applications, but only a handful make the cut. Therefore, understanding the selection criteria is crucial. Generally, these programs look for startups with high business potential, meaning your idea should solve a significant problem and have a sizable market. Team composition also plays a vital role; accelerators prefer diverse, dedicated, and capable teams that can withstand the rigors of startup life. Scalability is another crucial factor; your business should have the potential to grow rapidly and provide a return on investment. As for the application process, it usually begins with an online application where you’ll provide information about your startup and why you believe it would benefit from the program. You’ll likely need to submit a pitch deck – a brief presentation outlining your business plan. If your application is shortlisted, the next stage is usually an interview with the accelerator’s selection committee. This is your opportunity to demonstrate your passion, knowledge, and commitment. Related resource: Our Teaser Pitch Deck Template Startup Growth Metrics and Benchmarks For startups looking to attract accelerator interest and subsequent investment, monitoring and presenting the right growth metrics is critical. Key metrics include Monthly Recurring Revenue (MRR) and Year-over-Year (YoY) growth to showcase revenue consistency and scalability. Customer Acquisition Cost (CAC) and Lifetime Value (LTV) ratio provide insights into the efficiency of marketing strategies and customer value. Engagement metrics, like Daily Active Users (DAU) or Monthly Active Users (MAU), highlight product stickiness and user adoption. Tracking these metrics allows startups to demonstrate growth potential and operational efficiency to potential accelerators and investors. Equity vs. Non-equity Programs For founders, choosing between equity-based and non-equity accelerators is a crucial decision that impacts the future of your startup. Equity-based programs typically require you to give up a portion of your company's equity in exchange for capital, mentorship, and resources. This can be a good option if you're looking for substantial funding and are willing to share your company's ownership. On the other hand, non-equity accelerators offer support without taking any stake in your company, ideal for those who wish to retain full ownership. However, they might offer less capital. Consider your startup's funding needs, how much control you're willing to share, and the specific benefits each program offers to make an informed decision. Related resource: Pros and Cons of Crowdfunding for Your Startup Legal and IP Considerations for Startups in Accelerators When joining an accelerator, it's crucial to carefully navigate legal and intellectual property (IP) considerations. Protecting your startup's IP is paramount, as it forms the core of your value proposition. Ensure you understand the terms of the accelerator agreement, especially concerning IP rights and confidentiality. Some accelerators may require disclosure of your IP, so it's essential to have clear agreements in place to protect your interests. Consulting with a legal expert specializing in startup and IP law can provide tailored advice, helping you safeguard your assets while benefiting from the accelerator's resources and network. Engaging in due diligence and obtaining professional legal guidance are key steps in this process. What to Expect from an Accelerator Most programs are highly structured and rigorous, designed to make the most of every minute. A typical day could include a blend of workshops, mentorship sessions, networking events, and ample amounts of time for product development. Accelerators push startups to evolve rapidly, so the schedule can be demanding. Expect long days and tight deadlines, but also a supportive, collaborative environment full of passionate people who share your entrepreneurial spirit. It’s a high-intensity period, but the pace is intentionally set to prepare you for the demanding nature of running a startup. Preparing the Team Preparing your team for an accelerator program is much like gearing up for a marathon. The program’s intensity means your team will need to be mentally prepared and resilient. Transparency is key – ensure your team understands the expectations and commitments of the program. Encourage open communication about concerns and questions. Prioritize team health and well-being to avoid burnout. Foster a culture of agility and quick decision-making, as accelerators move at a fast pace. Regular check-ins and debriefs can help the team navigate the experience collectively, learning and pivoting as needed. Setting realistic and achievable goals before entering an accelerator is crucial. Having clear objectives will help you stay focused amidst the whirlwind of activities and opportunities. Your goals could range from product development milestones, market validation, and customer acquisition targets, to preparing for fundraising. Be ambitious, but also practical – consider your team’s capacity and the program’s duration. Your goals should be specific, measurable, achievable, relevant, and time-bound (SMART). Remember, these goals are not set in stone; they should evolve as you receive new information and feedback during the program. Regularly revisit and revise your goals to ensure they align with your startup’s growth and the invaluable feedback you’ll receive within the accelerator environment. Related resource: Startup Metrics You Need to Monitor Navigating Post-Accelerator Challenges After completing an accelerator program, startups face the challenge of maintaining momentum. To sustain growth, focus on continuous learning and adaptability, leveraging the network and resources acquired during the program. Establish clear, achievable goals for short and long-term growth, and continuously measure performance against these objectives. Engage with the accelerator alumni community for support and potential collaboration opportunities. Prioritize building strong customer relationships and refining your value proposition based on feedback. Lastly, maintain fiscal discipline while seeking further investment opportunities to fuel growth. Resources The most active startup accelerators and where they’re investing Accelerator connect profiles in our Fundraising CRM Seed-DB maintains a global list of accelerators and data on their funded startups. Barclays Eagle Labs: Our passion is innovation and growth so much so, that in 2015 when underused Barclays spaces became available we created Eagle Labs, a network made up of member businesses, partners, investors, corporates, mentors, banking expertise and so much more. Startup Accelerators to Check Out Buildit Accelerator And Program Info Provided by Arta Beitāne, Associate and Accelerator Program Manager About: Buildit is an accelerator that supports hardware and IoT startups in turning an idea into a tangible, market-worthy product. Sweetspot check size: $ 300K Traction metrics requirements: Must have an MVP or working prototype Thesis: At Buildit you don’t just get a product accelerator. You get a partner in development that’s invested in seeing you succeed. Program Specifics: What does the curriculum include? What skills and knowledge areas does the program focus on? “​Curriculum topics: Smart prototyping, design for manufacturing, business modelling and pricing, efficient marketing with 0$ budget, pitch trainings, Fundraising & Legalese, IP protection, Sustainability and ESG reporting since Day 1…The program focuses on setting up the startup so that the team can raise their next investment rounds – clear plans and milestones, team competencies, IP rights, etc.” Mentorship and Network: Who are the mentors and what are their backgrounds? “​Mentors are of various profiles, and the group constantly changes as we are on a constant lookout for fresh perspectives. Mentors usually are or have been founders themselves, some are investors and some are specialists in their own areas (lawyers, engineers, consultants). What networking opportunities exist within the program? What kinds of professionals will they have access to? “​Mentors (a long list of 300 experts, compiled over years) and investors mainly.” Success Stories and Track Record: What notable companies have gone through the program?” “​We’re proud [amongst others] of STRIGA, Naco Technologies, Alternative Plants to name a few.” Post-Program Support: What kind of support (if any) is offered to startups after they complete the program? “​In most cases, we invest in our program graduates. Participants are pre-selected in a way where we see high potential of a Buildit investment case. The network is quite widespread geographically and industry-wise, nevertheless, relatively closely knit, therefore, we see high likelihood in portfolio company founders helping each other + we try to host annual in-person events to facilitate relationship building and rekindling.” Aviatra Accelerators About: Aviatra Accelerators empowers women entrepreneurs to start and grow their businesses faster and with more confidence. Thesis: We offer classes, coaching and community to women entrepreneurs. Our program “Capital-Ready Women” helps women get ready to successfully access capital from lenders and investors. "Our newest program for women entrepreneurs is Capital-Ready Women. It’s designed to help women get ready to successfully access capital from lenders and investors. It begins with our Free Fundability Assessment, available at FreeFundabilityAssessment.com." Union Kitchen About: Union Kitchen is a Food Business Accelerator. We build successful food businesses by bringing together our Accelerator with access to our Kitchen, Distribution, and Stores. Since starting in 2012, we’ve worked with over 650 food businesses, including DC favorites Compass Coffee, Snacklins, Mas Panadas, Caribe and many more! Union Kitchen also launched an investment fund in 2022. Are you ready to build your successful food business? Apply here: https://unionkitchen.com/apply Lair East Labs About: Lair East Labs is an early-stage venture firm based in New York City that empowers founders to expand internationally. At the heart of Lair East Labs comes our founder-centric accelerator program. Each cohort intakes 10 startups to receive curriculum content, mentorship network, office space, and investments of up to $150K. Our 4-month program combines the best of two worlds: learning from alum founders and gaining access to a diverse mentor and investor network with extensive experience navigating the Asian markets. Our portfolio companies have raised $65 million of funding after completing the accelerator. For more information, please visit https://laireastlabs.com Traction metrics requirements: Must have a MVP for software-centric startups or associated IP or research paper to validate the technology for DeepTech companies Arkley Brinc About: Arkley is an Accelerator VC that focuses on early-stage hardware startups to help them grow from prototype to IPO. Thesis: We are the most individual acceleration program on earth. Representing the bespoke model: We do what’s necessary to make you do what’s impossible. We are working with startups as a team member in order to achieve agreed operational and financial goals by using Arkley’s ecosystem. Accelerator Centre About: Accelerator Centre is a network of facilities dedicated to developing and commercializing technology startups. Thesis: The Accelerator Centre is an award-winning startup accelerator dedicated to building and scaling sustainable, globally competitive companies and giving startups the highest probability of long-term success. Dreamit Ventures About: Dreamit is a venture fund and growth-focused accelerator for Urbantech, Securetech, and Healthtech startups Sweetspot check size: $ 1M Traction metrics requirements: Seek healthtech and securetech companies with early commercial traction and proven product market fit that are focused on scaling. Thesis: Dreamit Ventures is a fund and growth program focused on startups with revenue or pilots that are ready to scale. Capital Innovators About: Capital Innovators provides top-ranked accelerator programs, venture fund management, and corporate innovation. It manages private and corporate venture funds focused on technology, consumer products, and energy innovations. Capital Innovators has helped scale 188 companies and assisted them in raising over $600 MM in follow-on investment and creating over 2,900 jobs. HARDS About: The First Brazilian Software/Hardware Accelerator Thesis: How do we acceerate your startup? It’s easy .. years of experience from our investors, partners, mentors, advisors and managers in hardware and software development, added to the experience of accelerating Darwin Startups! Village Capital About: Our mission is to reinvent the system to back the entrepreneurs of the future. Our vision is a future where business builds equity and long-term prosperity. gener8tor About: gener8tor is a nationally ranked, concierge accelerator that invests in high-growth startups. Sweetspot check size: $ 100K AngelPad About: AngelPad is a seed-stage accelerator program that finds product market fit, defining a target market to get first validation for a company. Sweetspot check size: $ 1M Thesis: Find awesome companies with founders we like to work with and spend three very intense months with them. The Alchemist Accelerator About: The Alchemist Accelerator is a venture-backed initiative focused on accelerating startups whose revenue comes from enterprises. Sweetspot check size: $ 75K Traction metrics requirements: Looking for companies from the idea stage to 15K+ in MRR FounderFuel About: FounderFuel is a mentor-driven venture accelerator that helps new startups make progress on the venture path. Sweetspot check size: $ 120K Thesis: We ignite the global success of companies by developing the leaders behind them. Amplify About: Amplify is a pre-seed fund in Venice, CA dedicated to backing strong teams at the earliest stages and supporting from first check to exit. Thesis: At Amplify, our vision is clear — help passionate technology entrepreneurs grow their startups into strong, scalable & successful companies. Flashpoint About: Flashpoint is an international tech investment manager with approx. $400 million AUM focused on international tech companies originating out of Europe and Israel. Flashpoint manages five venture funds: three VC funds, a Venture Debt Fund, and a Secondary Fund. The firm is headquartered in London and has offices in New York, Tel-Aviv, Budapest, Warsaw, Riga, and Nicosia. Global Insurance Accelerator About: The Global Insurance Accelerator is a mentor-driven business accelerator designed to foster innovation in the insurance industry through startups targeting the global insurance industry. We take in early-stage companies who are building solutions that support the insurance industry. We provide seed funding, networking with our mentors, a desk in our beautiful office in Des Moines, 100-days of on-site support and time on stage at the Global Insurance Symposium with hundreds industry executives in attendance. This is not your typical accelerator. Our investors are insurance carriers, our mentors are primarily insurance executives. Startups participating in our program find product-market fit and do customer discovery faster than they could ever do at any other accelerator. We are a strategic partner. The Deal: Investment with founder-friendly terms: $50k in the form of a post-money SAFE that converts to 5% of the company; no board seat Curated meetings with 75+ insurance-focused mentors in program; dozens more after Final presentations @ Global Insurance Symposium (~600 attendees in 2019) Additional exposure at industry conferences One-bedroom, residential-style suite at the Staybridge Suites, with amenities including daily breakfast, nightly dinner, gym, pool, and laundry (in-person nights / 2-minute walk from GIA) Office space for your entire team Typical accelerator perks (deals on hosting, marketing tools, etc) Stocked fridge at the GIA office Founders need to be in Des Moines during the program, business-related travel is supported Hardware.co About: HARDWARE.co is a global community and accelerator for entrepreneurs, industry professionals and makers dedicated to the creation of innovative hardware products and companies. HARDWARE.co is made out of several interconnected components to serve, maintain, and grow our community. The HARDWARE.co Accelerator, Lab, Meetups, and Online Platform form a multichannel resource to give community members the opportunity to create leading products and companies. We support every stage of hardware development – from ideas, to prototypes, to investments, and beyond. Looking for Investors? Try Visible Today! Use Visible to manage every part of your fundraising funnel with investor updates, fundraising pipelines, pitch deck sharing, and data rooms. Raise capital, update investors, and engage your team from a single platform. Try Visible free for 14 days. Related Resource: Accelerator connect profiles in our Fundraising CRM
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