Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • Hospitality (& Events) • FinTech (& Financials services) • Hardware (& Manufacturing) • IoT (& Wearables) • Blockchain (& Cryptos) • Web Security (& Privacy) |
Stages | Pre-Seed, Seed, Early Stage, Series A |
Investing | United States |
Investment Range | $500,000 - $1,300,000 |
Investment Sweet Spot | $875,000 |
Reno Seed Fund is an active venture capital firm based in Northern Nevada focused on driving innovation, creating jobs, and building wealth within the region. As Nevada's leading angel fund, they engage in early stage venture investments, targeting technology-enabled companies. Positioned as a significant support structure for startups, the fund provides capital in the ranges of $500,000 to $1,300,000, preferring investments around their sweet spot of $875,000. Their investment thesis is centered around empowering driven and talented entrepreneurs with a robust suite of services including, but not limited to, providing significant investments, ongoing counsel, and guidance. Reno Seed Fund specializes in Pre-Seed to Series A funding rounds, catering to diverse sectors such as Software (Web Marketplace Saas, etc.), Hospitality (& Events), FinTech (& Financials services), Hardware (& Manufacturing), IoT (& Wearables), Blockchain (& Cryptos), and Web Security (& Privacy). Since its inception in 2019, Reno Seed Fund has established itself as the most active seed fund in the area, boasting a comprehensive portfolio of funded startups, jobs created, and total capital raised. They also emphasize the importance of synergistic relationships with the startup ecosystem by leading or co-leading investments in Northern Nevada and the broader Mountain West area, and by investing alongside syndication partners. Their approach features a selective screening process and strategic participation in guiding the companies they invest in, including board representation and leveraging their Networks to foster partnerships, all aimed at accelerating growth and development for their investments.