It is often a startup’s dream to be funded by a big venture capital firm. However, larger venture capital firms often seek to fund startups that are further along the development cycle with a product that has proven its value within the market. But what about startups that are still early in their search for product market fit?
That’s where micro venture capital firms and funding come in.
For seed stage startups, micro VC funding is a great option. Micro VCs are smaller investment firms that fund seed-stage emerging growth companies. According to Early Growth Financials, the fund is typically under $50M, and invests between $25K - $500K in startup companies, unlike traditional venture capital firms that usually fund between $1M and $5M in the later stages. Micro VCs typically invest less broadly and more specifically within an industry or geography.
Why are micro VC firms imperative to the startup journey? Here’s 5 ways…
If you’re a tech startup or small organization in northeast Ohio and you’re interested in partnering with a micro venture capital firm, we can assist you. Our scalable micro venture capital model is created to support high-growth companies leveraging our industry expertise, network, and investment team.
Contact us today at firstname.lastname@example.org to learn more about our investment program and how we can help grow your vision.