If the market underestimated you, start here.
We back founders raising a seed extension or Series A and stay in the work — a board seat, reserved follow-on capital, and the Co-Pilot program to help you raise the next round.
58%
of our portfolio is on track for Series A with Co-Pilot — roughly twice the ~25% Carta benchmark.
The market misprices you. We don’t — and we back you like it.
Being overlooked isn’t a weakness in your company — it’s a pricing error in the market you’re raising from. We built a firm to arbitrage exactly that error, on your side of the table.
We read you accurately
Conventional capital systematically undervalues founders like you — a cost you’ve been quietly paying in terms and time. Our 40-year track record shows this talent outperforms, so our conviction comes faster and our terms are fairer.
We back it with more than a check
The wire is the start. You get a board partner, follow-on capital reserved to lead your next round, and Co-Pilot to help you raise it — operating leverage most funds can’t offer this segment.
A returns bet, not a favor
We invest here because it’s the best-performing, most-overlooked segment of the market — not as a concession. You’re underwritten on the numbers and treated like it, with no code-switching required.
The Discipline in the Middle, four ways.
Seed extension or Series A
The stage where you’re scaling and conventional venture hesitates — that’s where we enter.
A demonstrable path to profitability
Not necessarily profitable today — but a credible, disciplined route there.
Led by seasoned, overlooked founders
Companies led and controlled by Black, Indigenous, people of color, and women founders — typically with 20+ years of experience before founding.
Capital-efficient, anywhere
We invest across the US, and put a premium on founders building far from the coastal venture hubs.
Fundraising is the hardest thing you’ll do. We do it with you.
58%
of the portfolio on track for Series A
≈2× the ~25% Carta benchmark
Co-Pilot didn’t come from a whiteboard. Our Fund I founders told us — again and again — that fundraising was their hardest challenge, consuming up to 80% of their time. So we built the program around that need and designed it with them, refining each step with the founders who’d run it. A focused two-month preparation followed by hands-on deal support — now part of Fund II from day one.
Investment story & prep
Narrative, market sizing, valuation benchmarks, financial model, and a data room — all investor-ready.
Targeted investor identification
A ranked target list built on fit and past activity — plus warm introductions through our network.
Process management & negotiation
Meeting prep, post-meeting debriefs, and founder-friendly deal negotiation through to close.
1 · Submit
Tell us what you’re building. A few fields is all we need to start.
2 · Review
We read every submission and reach out if there’s a fit with the thesis.
3 · Partnership
If we invest, you get the check, a board partner, and Co-Pilot from day one.
Start the conversation.
We back US-based, post-seed companies led by overlooked founders — including Black, Indigenous, people of color, and women — typically with $1.5M+ in revenue and a clear path to profitability. If that’s you, the essentials are enough to start:
