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.

Blank Ventures

We invest in founders reinventing the way the world works, trades, and transacts.

Block Ventures

Block Ventures is a venture capital firm investing in disruptive blockchain technology companies.