Prehype

About The Fund

Prehype is a venture capital and accelerator firm specializing in facilitating incubation and early-stage investments. Founded in 2010 with headquarters in New York, they focus on startups operating across consumer products and services, software, information technology sectors, Software as a Service (SaaS), web marketplaces, IT and TMT, A.I. and big data, and mobile domains. Prehype offers a unique approach to investment by not only funding emerging businesses but also providing a support system for entrepreneurs through their Entrepreneurs-in-Residence (EIR) network and fellowship program. This program supplies tools, methods, and a network to help ventures succeed. Their investment criteria are flexible with a minimum investment of $60,000 and a maximum of $2,000,000, aiming for a sweet spot of around $1,000,000. They are poised for early-stage funding, including pre-seed and seed rounds. As part of their core activities, Prehype has established various initiatives like 'Audos,' which focuses on building new ventures with an AI co-pilot, and 'Freespin Ventures' that fund SaaS software spin-outs providing 'SaaSback' solutions. Another initiative includes 'Applied Entrepreneurship,' where they impart their entrepreneurial methods at universities and executive education programs. Prehype's portfolio is expansive with numerous ventures and notable exits, including companies that have been acquired by tech giants like Amazon, Facebook, Microsoft, and WeWork. They have a history of successful partnerships with various industry leaders such as Coca-Cola, Intel, and Verizon. Their approach to investment goes beyond monetary support to include a strategic partnership and incubation programs that have a global reach with offices in New York, San Francisco, London, and Copenhagen.