Seedfunders

Overview

Seedfunders is an angel investing organization dedicated to assisting early-stage technology startups in Florida. Their mission is to help these startups develop to a stage where they can attract venture capital funding. The team comprises individuals from diverse backgrounds with expertise covering a wide range of real-world business challenges. With funding comes top-notch mentorship and guidance. The organization primarily targets startups with a Minimum Viable Product (MVP) but little or no revenue. They focus on scalable, cutting-edge technology models and are strong proponents of the lean startup model. While their primary focus is on Florida-based companies, they occasionally consider companies from elsewhere. Seedfunders has a structured investment process that includes studying companies, hearing pitches, conducting due diligence, and investing. They co-author thoughtful term sheets that bring clear value for both the company and investors. An Investment Director from Seedfunders serves on the company's board, providing long-term support and guidance. Founded in 2017 by Dave Chitester and Irv Cohen, Seedfunders has been instrumental in supporting the growth of technology startups in Florida. Their approach combines funding with mentorship, aiming to prepare companies early in the investment cycle to succeed in subsequent funding rounds. The organization has analyzed over 400 startups and negotiated multiple term sheets with a total value of over $1.5 million. Seedfunders operates in multiple Florida cities, including St. Petersburg, Orlando, and Tampa-St. Petersburg, each with dedicated teams focused on empowering the local startup technology ecosystem with capital and mentorship. Their commitment to fostering innovation and supporting entrepreneurs has made them a key player in Florida's startup landscape.

Investment Focus

• Minimum Viable Product (MVP)
• Scalable technology model
• Early-stage startup

Portfolio Companies