Target Raise:

$3.5 million (up to $1.5 million additional for follow on rounds)

Investment Size:

Initial Investment Size Range ($50-$300K)

Stage:

Seed, Series A, Series B, Series C (only if over subscribed)

Target Sectors:

FinTech, B2B SaaS, MedTech, Diagnostics, Medical Devices

Term:

Fully deploy over 2-4 years; 10 years post full fund deployment

# Investments:

~20

Management Fees:

2% until investment period ends thereafter reduced by 10% of the base rate every 12 months

Carry on Profit:

20% direct

LP Commitment:

$50,000 min ($25,000 for young investors) called down over 24-48 months

Capital call schedule:

15% up front; quarterly capital calls thereafter

Fund Administration:

Carta

Fund Investor Upside:

First access to oversubscribed deals; reduced carry on syndicated deals