Investor Type | Firm |
Type of Fund | Other |
Industries | Software (Web Marketplace Saas..) • IoT (& Wearables) • Analytics |
Stages | Pre-Seed, Seed, Series A |
Investing | United States |
Investment Range | $50,000 - $2,000,000 |
Investment Sweet Spot | $250,000 |
Assets Under Management | $25,000,000 |
Connetic Ventures is a venture capital firm that specializes in investing in early-stage companies, specifically targeting the pre-seed, seed, and Series A stages of development. They bring an innovative approach to venture capital by utilizing a data-driven process which incorporates artificial intelligence through their proprietary tool, Wendal, in their investment decisions. Their goal is to make venture capital accessible, transparent, and inclusive, enabling any founder with internet access to have a fair chance at funding without the traditional pitch process. By focusing on data rather than intuition, Connetic Ventures claims to fund women and minority founders at a rate eight times higher than the industry average. They invest in a diverse array of industries encompassing software, marketplaces, SaaS, IoT, wearables, and analytics, with a geographical scope that spans North America—except for the Bay Area and Boston. The firm's stated investment range is between $50,000 and $2,000,000, with a 'sweet spot' of around $250,000 per investment. Connetic Ventures proudly boasts an expansive investment footprint, having funded companies across over 37 states and 65 cities, and has backed more than 225 founders. They are forward-thinking in their belief that exceptional founders can be found anywhere, not just in traditional tech hubs. Their community-oriented approach also features resources for founders, including white papers and team-building tips, fostering an environment of growth and support for their portfolio companies. With $25,000,000 in assets under management, the firm is passionate about 'investing in founders first,' emphasizing the importance of founder-centric analytics to predict success. Despite their tech-forward strategy, Connetic Ventures acknowledges the limitations and risks associated with AI-based investment analysis, and they encourage potential investors to consider these factors carefully.