Center Electric

About The Fund

Center Electric is an early-stage venture capital firm established in 2014 and based in San Francisco, California. With a primary focus on the burgeoning Internet of Things (IoT) market and its supportive software ecosystem, they channel their investments into startups that are contributing to this rapidly evolving domain. By recognizing that IoT signifies the third major wave of internet expansion, following the widespread adoption of desktop connectivity and mobile devices, Center Electric aims to drive the development of a new, interconnected world. Aside from investing in the 'Things' or connected devices themselves, the firm understands the necessity for a stable and robust infrastructure that can sustain and enable these innovations. Center Electric's approach is to invest in companies that not only create IoT hardware but also develop the underlying infrastructure needed to support the growth of IoT, which includes cloud computing advancements and wireless technologies. Their investment thesis underlines the importance of nurturing an ecosystem that provides innovators with the context to focus on what sets them apart. With an investment range between $100,000 and $600,000, and an investment sweet spot at around $250,000, the firm specializes in early, pre-seed, and seed-stage funding. They look for founders with a passion for the disruptive force of IoT and believe in the need to scale infrastructure to support an additional 50 billion devices expected by 2020. The core argument is that investments must encompass the full stack, which includes both digital internet architecture and the physical devices that will connect to it.