Trends & Insights July 5, 2017
“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.” Dr. Seuss Decide to buy a black BMW and it suddenly appears left and […]
Seed-stage venture capital for technology startups looking to scale their early customer-funded traction in search of profitable, predictable and scalable revenue.
We’re looking for founders who are solving a market need, not just building an interesting product. We are grateful for the opportunity to invest across multiple industries and sectors. We invest in both B2B and B2C, though we have a strong preference for B2B. When we do invest in B2C, it’s typically a product or service that consumers pay for, rather than an aggregation of users to be sold to advertisers. Our portfolio highlights the diversity of our investment interests.
Eric Howie, Life Detection Technologies
We typically invest once a startup has early customer traction. That oftens means early revenue, though it might mean customer pilots or other first-customer relationships. We recognize and reward that distinction because we consider early customer traction to be critical for learning, not necessarily for profit.
At the Seed Stage, the amount of revenue is far less important than generating an awareness of which customer-type, market messaging and customer acquisition methods are going to translate into the most profitable, predictable and scalable revenue. Defining those “three dimensions of revenue” is the objective of the Seed Stage. Our Market Acceleration Program is designed precisely for that reason and is available for select GrowthX Capital portfolio companies.
We’re grateful to hear from founders and earn the opportunity to learn about what you are working on and how we might be of service. If you are working on something that aligns with what we invest in and the timing is relevant to when we invest, then please use this form to introduce yourself. We will do our best to reply to everyone and, as much as possible, share feedback.
Trends & Insights July 3, 2017
Meet Will Bunker, a prolific investor and maverick entrepreneur. In the 90s, he started the dating site that became Match.com. Now a Founding Partner at GrowthX, Will’s mission is to identify companies that will shape […]