Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • Businesses Solutions • Energy • IoT (& Wearables) • A.I. (& Big Data) • Online Social • Consumer |
Stages | Pre-Seed, Seed, Series A |
Investing | United States |
Investment Range | $100,000 - $1,000,000 |
Investment Sweet Spot | $100,000 |
NOMO Ventures is a venture capital fund that specializes in early-stage investments, with a strong focus on supporting innovative startups in various sectors including Software (Web Marketplace SaaS, etc.), Business Solutions, Energy, IoT (and Wearables), A.I. (and Big Data), Online Social, and Consumer. Their approach values unconventional business models that promise both profit and growth, an investment thesis exemplified by their involvement with Expensify—a company that they supported early on, recognizing its potential despite its unorthodox methods. This venture capital firm targets pre-seed, seed, and series A funding stages, willing to invest a minimum of $100,000 and up to $1,000,000, with a sweet spot for investments at $100,000. They pride themselves on investing in companies at their earliest stages, committing to journey with entrepreneurs every step of the way. Their philosophy is shaped by a focus on persistence and single-minded pursuit of goals, undistracted by external opinions—a mindset highlighted by an endearing quote from Jimmy Iovine, Founder of Interscope Records & Beats by Dre. NOMO Ventures positions itself as a discerning and dedicated partner for startups with bold visions that defy mainstream expectations and is positioned to support growth towards profitability and beyond, including preparations for IPOs, as evidenced by the success of Expensify.