Investment process

From first email to wired funds in under thirty days.

The process below is the one we actually run. If we ever deviate from it, you will hear the reason from the partner who owns your relationship.

  1. Step 01 · Day 1

    Introduction

    Send a short note and a deck, or a link to the product. Warm introductions help but are never required. Every inbound is read by a partner.

  2. Step 02 · Week 1

    First conversation

    Forty-five minutes with the partner who would own the relationship. We come prepared and we tell you where we stand before the call ends.

  3. Step 03 · Week 2

    Deep dive

    A working session on product, market and the next twenty-four months. You meet a second partner and, where relevant, two operators from our network.

  4. Step 04 · Week 3

    Decision

    A clear yes or no within seven days of the deep dive, with our reasoning either way. We never leave a founder waiting on silence.

  5. Step 05 · Week 4

    Partnership

    Standard documents, fast close, and an onboarding week focused on hiring, customers and the first board rhythm. Then we get out of the way.

What we look for

Four things we try to understand.

We are not evaluating a deck. We are trying to work out whether we would still believe this in five years.

  • Why this team, and why now — the unfair insight behind the company
  • Evidence of pull from real users, however small
  • A wedge that stays valuable as the market changes shape
  • Honesty about what is not working yet

Operating platform

What happens after the wire.

A small, senior team you can actually reach — not a directory of services you never use.

  • Talent & hiring

    Direct sourcing for the first fifteen hires, compensation benchmarks, and honest reference calls on every executive candidate.

  • Go-to-market

    Warm paths into 400+ enterprise buyers across our network, plus pricing and packaging work before your first serious contract.

  • Next round

    Narrative, materials and a curated list of the right leads — introduced eight to ten weeks before you need the capital.

  • Founder support

    A confidential peer group of forty founders, and a partner who takes the difficult call on a Sunday without a calendar invite.

Founder FAQ

The questions we’re asked most.

If yours isn’t here, write to us. We answer directly rather than in generalities.

Do I need a warm introduction?

No. Roughly a third of our investments began as cold inbound. Every message sent to our founders address is read by a partner, and we reply either way.

How early is too early?

There is no such thing for us. We have funded companies at incorporation and before a line of code existed. What we need is a clear insight and a reason you are the team to act on it.

What check sizes do you write?

$500K to $6M for the initial position, typically leading the round. We reserve two to three times the first check for follow-on and participate in every subsequent round we are invited into.

Do you take board seats?

When we lead, usually yes — and we treat it as a working commitment rather than a governance formality. If you would prefer an observer seat, say so; it has never cost a founder a term sheet with us.

How long does a decision take?

Under thirty days from first contact to wired funds, and a clear answer within seven days of the deep dive. We will tell you where we stand at the end of every conversation.

Do you invest outside the United States?

Yes. Offices in New York, San Francisco, London and Singapore share one investment committee, and roughly 40% of the portfolio is headquartered outside the US.

Building something early?

Send a short note. Every message is read by a partner, and we reply within two business days — including when the answer is no.

Pitch us See our process