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LOI Venture

LOI Venture

About

At LOI Venture Fund, we invest in:

  • Early-stage software companies, primarily SaaS and AI-enabled platforms, that are solving clearly defined problems for specific industries.
  • We focus on North American markets, with a slight preference for companies based in the US and Canada.
  • We target Seed and Series A rounds, with initial investments typically ranging between $500,000 and $1.5 million.
  • We look for companies with strong founding teams possessing deep domain expertise and a proven ability to execute.
  • We prefer companies with a clear path to profitability and sustainable competitive advantages.
  • We require a minimum viable product (MVP) with early customer traction and demonstrable product-market fit.
  • We seek companies that can demonstrate a clear understanding of their target market and a well-defined go-to-market strategy.
  • We like companies with strong unit economics, including high gross margins and low customer acquisition costs.
  • We don't invest in highly capital-intensive businesses or those with long sales cycles exceeding 12 months.
  • We look for companies with the potential to generate at least 10x return on our investment within 5-7 years.
  • We prefer pre-money valuations between $5 million and $15 million for Seed rounds and between $15 million and $40 million for Series A rounds.
  • We require a significant equity stake, typically between 10% and 20%, to ensure our interests are aligned with the founders.
  • We prioritize companies addressing large and growing markets with total addressable markets (TAM) greater than $1 billion.
  • We seek companies that leverage technology to create scalable and defensible solutions.
  • We favor companies that have a clear plan for scaling their operations and expanding their customer base.
  • We invest in companies that are committed to building a strong company culture and attracting top talent.
  • We look for companies that are actively seeking mentorship and guidance from experienced investors.

People

Additional Information

Investment Stages

Seed

Verticals

AI & Machine Learning Technology

Geographic Focus

Canada United States

Investor Type

Venture Capital

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