This is your go-to resource for understanding our investment focus, philosophy, and operational intricacies. Use it to get insights into our investment criteria, sectors of interest, decision-making process, and how we aim to create a mutually beneficial relationship with founders.
Where do you invest?
We invest in companies based in the Eastern US—our reasoning stems from our original thesis that there exists a growing opportunity for disruption beyond traditional tech hubs.
What do you invest in?
We invest exclusively in B2B software companies. Our reasoning for focusing exclusively on B2B stems from our deep operational expertise in scaling the types of companies and our conviction that a unique market opportunity exists for innovation within the enterprise.
At what stage do you invest?
We are early-stage investors. Not only do we find excitement in working with founders with new and unique asymmetrical insights into specific industry problems, but we find that our strongest value-add comes from working with founders early on in their company-building process.
What do you mean by "Share Your Challenges"?
When we meet with founders, we ask them to share their most significant challenges. This exercise helps us evaluate how we can add value to the venture. It ensures that founders see us as more than just financial backers but also as operational and strategic allies. Transparency is pivotal in fostering a productive founder-investor relationship.
What do you look for when assessing a company for an investment?
Business Model: We invest exclusively in B2B software companies. Our reasoning for focusing exclusively on B2B stems from our deep operational expertise in scaling these types of companies and our conviction that there exists a unique market opportunity for innovation within the enterprise.
Stage: We are early-stage investors. Not only do we find excitement in working with founders with new and unique asymmetrical insights into specific industry problems, but we find that our strongest value-add comes from working with founders early on in their company-building process.
Sector: We consider ourselves generalist investors within B2B and target investments in vertical SaaS, software-enabled marketplaces, and knowledge worker tools. Consumer-facing technology, hardware or service-based businesses, and industries like biotech and Web3 that require deep domain expertise to develop conviction fall outside our thesis.
Traction: Our investments typically demonstrate early product-market fit signals. $15-75K MRR is our sweet spot for recurring revenue businesses, but we understand that product-market fit also manifests in other ways.
Geography: We invest in companies based in the Eastern US. Our reasoning stems from our original thesis that a growing opportunity for disruption exists beyond traditional tech hubs.
What is your process for evaluating an investment opportunity?
We have a robust internal system and processes for evaluating potential investments and new deals. Our internal strategy guides our analysis to ensure we invest in companies that align with our values and objectives. Unlike a checklist, we have criteria we explain in the initial and ongoing investment meetings and due diligence processes to encourage founders to think deeply about various aspects of their businesses.
Do you have a Newsletter?
Yes, we offer a bi-weekly newsletter that you can subscribe to for updates, portfolio jobs, event information, and insights.
What is your Platform & Post-Investment Involvement?
Our Platform encapsulates the tangible benefits portfolio companies gain access to, including mentorship from the LOVC Team, partnerships, peer support, PR support, fundraising support, exclusive events, and a broad range of operational resources. We consistently identify opportunities where new and existing portfolio companies, organizations, and preferred vendors in our network can develop business synergies together, learn from past experiences, and assist in each others’ long-term successes. All of our portfolio companies have direct advisory and mentorship access from LOVC Partners.
Do you lead rounds? What is your ticket size?
Yes, we are lead investors. Our typical investment ticket size ranges from $1m to $3.5M, depending on various factors.
What criteria do you use for assessment?
We apply the LOVC Framework, a set of carefully chosen criteria designed to evaluate the opportunities a startup presents holistically.
How many new investments do you make annually?
On average, we make 4-6 new investments each year.
Are you actively investing? Do you provide future fundraising support?