On May 5th Todd Crosland, the CEO of Seed Equity Ventures, launched a new venture seed fund under Seed Equity Capital Partners, LLC targeting $10 million. This fund was developed to invest in early stage technology startups and will benefit from the vetting, sourcing and due diligence process that is performed by the Seed Equity investment team. The fund is permitted to engage in public fundraising endeavors, since it was filed with the SEC under Rule 506(c). The fund has already produced three investments, including a startup that came out of Techstars London in the UK, Spatch, Inc.
The investment opportunities will likely be sourced through Seed Equity Ventures, an affiliate of Seed Equity Capital Partners. Todd founded Seed Equity Capital Partners as a natural extension of Seed Equity Ventures. The fund creates another outlet for startup companies to obtain investment exposure. Seed Equity Ventures’ platform is an online resource for startup entrepreneurs to connect with investors from around the world, and the fund created by Crosland is another funding outlet that is directly connected through the website.
Investors also benefit as investments from the Seed Equity Capital Partners’ fund allows them to diversify their portfolio across the platform. The fund’s investment criteria is as follows:
- Tech companies with unique business models that are potentially disruptive
- Early growth in either user base or revenue
- Experienced management with past success
The priority is in the disruptive nature of the company in the technology industry. Seed Equity is looking for companies with a product that has the potential to disrupt the technology industry. The fund looks to work directly with company management to gear them for success.
Seed Equity Ventures was developed as an online investment-networking platform where startup companies could connect with investors from all over the world. Startup companies are popping up all over the place, so it is important for capital to be accessible for those with potentially innovative market solutions. The Seed Equity Capital fund was developed to accelerate this, and create an online environment that democratizes investing for startup companies.
