Seed Equity Capital Partners, LLC, announced today that it is launching Seed Equity Venture Fund I, L.P. (the “fund”), a venture seed fund targeting $10 million to invest in early growth stage technology companies. The fund has made a filing with the SEC under Rule 506(c), which permits it to engage in public fundraising activities.
Investment opportunities for the fund are expected to be sourced primarily through Seed Equity Capital Partners’ affiliate Seed Equity Ventures, a registered broker dealer with the SEC and a member of FINRA and SIPC, that provides investment banking services to startups and growth companies around the world.
Todd Crosland, founder of both Seed Equity Capital Partners and Seed Equity Ventures, announced:
“Seed Equity Capital Partners and the fund are a natural extension of Seed Equity Ventures’ investment banking services. We think the two businesses nicely complement each other. The fund will benefit from access to the global network of companies on the Seed Equity Ventures platform. The companies and investors on the Seed Equity Ventures platform will benefit from having the fund as a potential co-investor. The fund may also provide certain investors on the Seed Equity Ventures platform a means to more easily diversify their investment across the platform.”
The fund will focus on early and growth stage investments that meet the following investment criteria:
- Technology companies with potentially disruptive business models
- Early traction with either a growing user base or revenues
- Experienced management teams with prior success
Crosland added:
“The fund will target companies that are at the forefront of disruptive changes in the technology industry. We will be selective about which entrepreneurs and businesses we choose to invest in, and once we’ve made an investment we will work with the company’s management to help make the company a success.”