Frequently asked questions
GENERAL QUESTIONS
We are a $30M industry-agnostic venture capital fund that invests in pre-seed and seed stage companies across emerging and frontier markets that can deliver top-tier venture capital returns and enable social and economic benefits. The Fund is part of the Seedstars group, founded in 2012 in Switzerland.
The Seedstars Group is a Swiss holding company and the largest community of technology stakeholders in emerging markets. It has 15 offices, 100+ team members and covers 90+ ecosystems. SIV portfolio companies can leverage the following group assets:
● Network: The Seedstars database includes >200k ecosystem stakeholders including 1,200+ active mentors and 700+ active co-investors.
● Know-How: Seedstars has developed and curated over 130 trainings on everything from talent, to growth, to fundraising, to regional expansion. And even if we don’t have the right advice, our network will.
Emerging markets grow 2.5x faster on average than the developed ones, yet they still face a $2.5 trillion annual investment gap. This is where we come in! SIV invests in pre-seed and seed stage technology ventures across the global south. With 85% of the world’s population living across emerging & frontier markets, we see this as an opportunity to improve billions of lives by ensuring access to proper financial services, healthcare, education and much more.
No. SIV is a global pre-seed and seed stage venture capital fund. We do however believe that capital is a commodity and our real value is in helping portfolio companies implement a best-in-class growth process and team. We want to help startups spend their capital wisely and make sure it’s driving growth.
Since 2018, Seedstars has been actively working on gender equality within its core activities. We align our investing activities with the 2x challenge to mobilize capital towards female led startups. To date, Seedstars has supported 600+ women-led enterprises, has invested in 14 female co-founded businesses and is additionally working on gender equality when it comes to the investment team, mentors, jury members, and training delivery experts. Seedstars as a company has a gender ratio of 53% Female and 47% male.
Absolutely, please send an email to [email protected] including a pitch deck, key traction data and a brief summary of why you believe this is a good investment opportunity.
INVESTMENT CRITERIA
Emerging and frontier markets are our focus. We’ve invested in over 30 countries across Latam, Africa, MENA, CEE and Asia (excluding China).
Our sweet spot is at the pre-seed and seed stage.
SIV invests agnostically in a broad range of ventures across B2B, B2C, Future of Commerce, Future of Finance, Future of Education, Future of Works and Future of Health. We don’t invest in biotech, hardware or capital intensive businesses.
Stage: pre-seed, seed
Sector: all sectors with asset light business models
Core market: any emerging or frontier market (excluding China)
After your application, we'll aim to respond within a few days if we are interested in talking. Our process then includes a first call of 30 mins to get to know you. Followed by a second round interview with the whole founding team. After that we can go to the investment committee and give you an answer. Our process can be completed in 1-2 weeks if necessary.
Yes, we are happy to be your first investor of record at a pre-seed or seed stage. It may not technically be considered as a “lead” as we don’t take board seats and might not be the largest ticket. At a Series A we will not lead and require another VC to be leading for us to consider a follow-on investment.
Yes, absolutely! There is no downside to applying more than once. Some of our portfolio companies were not accepted at first but decided to work on their business and came back stronger.
Please find more information on other Seedstars programs here.
PORTFOLIO SUPPORT
Capital is a commodity. Knowing how to turn it into growth is not. Our main aim with each portfolio company is to transfer knowledge, tools and processes so that you can run growth like professionals. We do this with the Seedstars Value Creation Platform. In addition to this we support portfolio companies in fundraising, network, recruiting and PR.
Post investment, you'll have life-long access to the Seedstars Value Creation Platform. The main component of the value creation platform is our 3-month long Growth Track which takes place twice a year (January and September). During this time you'll work 1:1 on a weekly basis with a seasoned growth executive to:
Implement a growth machine into your startup.
Prepare you for your next funding round.
Introduce you to experts, advisors and potential partners to drive your growth.
Our Growth EiR Jon Attwell (ex Naspers) will pair you with a Growth Mentor such as Peiran (ex Careem), Harrison (ex Skyscanner) or Anuj (author of “Growth Hacking for Dummies”). Your mentor will support you to build a growth team and implement a ‘growth methodology’ to drive sustainable growth and help you get to a successful Series A. On top of this, you’ll have access to our +1300 strong expert network for specific needs you have.
Yes, of course. Our investment team will support you to raise your next round. While we can follow up with up to $500k, we will connect you with our 800+ member investor network. In addition, we have repeatedly supported founders in preparing for their upcoming financings by providing deck reviews, fundraising material guidance, strategy overviews and cap table reviews.
Over 60% of portfolio companies have gone on to raise follow-on funding from investors like Sequoia, FJLabs, IFC, Magma, Salkantay, Algebra, Global Ventures, 4DX, Lateral Capital, Wavemaker, Gobi etc
We measure and track the satisfaction and support we are able to deliver carefully. The Growth Track’s net promoter score (NPS) is 83%.
Yes, we do. We will be always happy to find you the right talents especially for the growth team. We will be promoting your job opening on our career board as well as on social media and other distribution channels.
INVESTMENT TERMS
Our first ticket is $150-350k depending on your stage. Normally we come in at the pre-seed or seed stage. Our follow-on ticket is up to $500k.
Yes – we charge $30k per company, but these fees are deducted from our investment. Our average first investment is $150-350k. These fees help to cover the basic costs of running a best in class platform and things like paying mentors and dedicated portfolio support managers.
Yes, many early stage funds do this to cover the costs of running a professional support platform. This is not our “business model” but rather a fee to cover the costs of operating a supportive seed stage fund. Our business model is helping scale up and exit regional/global tech startups. By having an equity position we are fully aligned and highly incentivised to support you over the long-term with your growth.
Absolutely. Please reach out to any of the prior participant founders. Their Linkedin profiles are listed below: