Funk Ventures - Venture Fund

Funk Ventures

Venture Fund | Santa Monica, CA, United States
www.funkventures.com
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Funk Ventures - Ideal Startup Investment

The information provided below outlines FVCP's general investment approach. While we periodically evaluate companies that fall outside of our criteria, we are not likely to pursue investments in companies that don't fit the requirements below.


Our passion is our Focus
We are searching for promising companies that can significantly impact people, society or the environment in a positive way. Markets of particular interest include wellness products & services, non or minimally-invasive medical devices and clean tech.

Our Circle of Wellness graphically describes our focus in detail.

Stages of Interest
By using venture funds, managed syndicates and our own capital, FVCP has created a hybrid structure that allows us to support the growth of emerging companies at many levels, from seed to expansion stage. The table below outlines the various stages at which FVCP will consider an opportunity.

Investment Size
Our investment size ranges widely based on the type and stage of an opportunity. We have made investments as small as $50,000 and have led financing rounds of over $10 million.

Geographic Locations
We invest across the United States, with California being a preferred location. We rarely consider foreign investments but will do so for the right opportunity.

Type of Investment
FVCP generally makes standard VC convertible preferred stock investments or variations thereof. We sometimes use debt to supplement an equity investment. We are not lenders and don't make pure debt-investments.

Management Team
We are looking for a team with the knowledge, experience, track record and dedication to grow an exceptionally successful business. Demonstrated success in previous undertakings, entrepreneurial spirit and the desire to create shareholder value are necessary attributes. The team does not have to be complete. We often assist in filling it out.

Value Proposition
We are looking for highly differentiated, unique and significantly superior technologies, products and services. It needs to be demonstrated why the marketplace will purchase the company's product or service rather than a competing alternative.

Marketability
While we do like to invest in companies that serve a large market, we are more likely to invest in companies that address a meaningful percentage of customers in well-defined, growing markets that can be identified and accessed economically.

Funk Ventures Invests In These Industries

• Biotechnology• Lifestyle
• Business Products and Services• Marketing / Advertising
• Clean Technology• Media and Entertainment
• Computers and Peripherals• Medical Devices and Equipment
• Consumer Products and Services• Mobile
• Education• Nanotechnology
• Electronics / Instrumentation• Networking and Equipment
• Financial Services• Other
• Food / Drink• Retailing / Distribution
• Gaming• Semiconductors
• Healthcare Services• Software
• IT Services• Sports
• Industrial/Energy• Telecommunications
• Internet / Web Services• Travel

Funk Ventures Invests In Companies That Have Reached The Following Milestones

$1M in Trailing 12 Mo. Revenue - $10M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ▶◀ Concept Only

Funk Ventures Invests In Companies With These Funding Needs

  • Pre-money Valuation: $3,000,000 - $20,000,000
  • Capital Seeking: $1,000,000 - $10,000,000
  • Previously Raised: $500,000 - $5,000,000

Funk Ventures Expects Their Investments To Generate

  • Expected Revenue By Year 5: $50,000,000 - $250,000,000
  • Expected Returns: 10x Investment - 30x Investment
  • Expected Years to Exit: 2 Years - 7 Years
  • Expected Years to Break Even: 1 Year - 3 Years

Funk Ventures Investment Portfolio

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