Venture Capital firms that invest in startup seed rounds...
Adam Rifkin stashed this in Venture Capital!
Now many venture firms have formal seed programs for startups. Bravo!!
I'm putting together a list, and offer it here in alphabetical order:
I have also heard that CMEA, Foundation Capital, GRP Partners, Highland Capital, KPCB, Khosla Ventures, Mayfield, Menlo Ventures, Morganthaler, Omidyar Network, Shasta Ventures, and Union Square Ventures have participated in seed rounds.
I'm talking about full venture funds that have seed programs.
As always, please mention others I've missed, and I'll update the list.
To the entrepreneurs out there, remember: Don't underestimate how long funding takes.
And of course, if you're raising seed money, other resources you might find helpful are:
- Startup Pitch Decks and the 10/20/30 Rule
And on Quora:
See also Atelier Advisors' How to raise capital in any market.
Sequoia has a seed program and AH does enough seed deals where I would consider it a program.
I spoke with someone at Sequoia who said they don't have a formal seed program, but then thanks to your note I looked on their website and found this, so I'm adding it.
Also, I talked with Ronny Conway at a16z yesterday and they definitely do seed deals. I'll give them the feedback that having something on their website to refer entrepreneurs to would be very helpful.
Speaking of which, is there anything on Accel's website that mentions the seed program? I couldn't find anything when I looked.
After speaking with the folks at MDV I've added them to the list, too.
MDV does seed rounds in web/mobile, life sciences, and infrastructure – web/mobile examples include PunchTab and Massive Health. However, MDV is highly selective about which seed deals they do, and their values and culture as a firm seem to be in line with fewer web/mobile seed deals and higher touch with a commitment to work with startups over the long haul to build big companies.
On that note, Sequoia once had a thriving seed program, as Dan noted above, but I've noticed they've done fewer seed deals in 2011 than in the past, and it's possible they'll phase that out completely in favor of working through angels, YCombinator, etc., instead.
Ignition Partners is another
Was there a reason why you listed Highland Capital twice?
I guess you just really like them. :)
Funny, I talked with Highland and never got the impression they invest at seed stage.