Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) |
Stages | Seed |
Investing | United States |
Millennial Technology is an investment fund that specializes in seed-stage investments with a focus on software industries, such as Web Marketplaces, SaaS, and other related technologies. Their investment thesis revolves around identifying and nurturing disruptive startups in the early stages of development. They aim to provide not only capital but also guidance and resources to help startups scale their operations and reach their full potential. Millennial Technology advocates for a future where individuals have personal ownership and control of their data. They envision a shift from traditional SaaS models to dynamic, component-based solutions assembled based on specific user needs, leading to an 'appless' future where separate applications and multiple accounts are unnecessary. They predict AI agents will dynamically assemble solutions from these components, which will be integrated and personalized real-time without the need for static, monolithic software applications. Their belief is that the evolution of personal AI agents will transform how data is accessed and used, pushing towards a paradigm where zero-knowledge proofs verify identities without compromising personal data. They are investing in startups that are aligned with these transformations, focusing on smaller, more focused teams that require less physical space and enable faster iterations and specialization. Their approach includes new funding models like Shared Earnings approaches, supporting lean startups that can scale rapidly. They foresee companies operating with stronger cultures, streamlining business functions, and compensating team members based on the value added to the network. As seed investors, Millennial Technology is future-focused and supports startups that are prepared to redefine business and technology for a more personal and efficient future.