Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • Businesses Solutions |
Stages | Pre-Seed, Seed, Early Stage, Series A |
Investing | United States |
Investment Range | $50,000 - $200,000 |
Investment Sweet Spot | $125,000 |
Maroon Venture Partners Fund is a for-profit venture capital fund that primarily focuses on nurturing early-stage companies with connections to the University of Massachusetts Amherst (UMass Amherst). The fund specializes in identifying and investing in innovative ventures in the software industry, including web marketplace and SaaS platforms, and business solutions. Maroon Venture Partners Fund has a defined investment range, typically allocating between $50,000 to $300,000 per venture, with a sweet spot of around $125,000. The fund prioritizes investments that could be the initial outside equity funding for these ventures, aiming to propel them towards pivotal milestones and commercial success. Investments are also characterized by their staging, as the fund plays an active role in Pre-Seed, Seed, Early Stage, and Series A financing rounds. Maroon Venture Partners Fund is dedicated to fostering the entrepreneurial spirit within the UMass Amherst community. Their management team consists of industry professionals who offer guidance and mentorship to the portfolio companies, while also seeking the involvement of alumni and friends of the university as mentors and industry experts. The fund acknowledges the high degree of risk associated with early-stage investments and emphasizes that such investments may result in complete loss, hence it advises potential investors to consult with professional advisors and thoroughly review the fund's partnership agreements and subscription documents. The fund operates independently of UMass Amherst or the UMass university system, despite its focus on UMass Amherst-linked companies.