Swovo Fund

Overview

Swovo Fund is a venture capital firm based in Boulder, Colorado, that invests its services in early-stage U.S.-based tech startups led by founders from all backgrounds. The firm focuses on companies developing disruptive software-based technology, particularly those led by women and people of color located outside traditional tech hubs like Silicon Valley and New York City. Swovo Fund seeks founders who demonstrate commitment through personal investment or dedicated time to their projects. The firm's investment strategy involves providing services such as development, design, and project management in exchange for equity. They offer two types of investments: a full convertible note or SAFE of approximately $125,000 for founders who have yet to raise funds, and a part note/part paid engagement of around $50,000 for founders who have received previous investment or are generating revenue. The exact terms depend on the project's scope and the company's stage. Swovo Fund has a track record of supporting diverse startups across various sectors, including energy management, transportation, healthcare, human resources, end-of-life planning, and fertility. Their portfolio includes companies like shyft, Dollaride, Health in Her HUE, jombine, kindredbox, and Posterity Health. The firm's investment philosophy emphasizes integrity, diversity, passion, quality, improvement, and humility, aiming to build the next wave of tech innovation together with their portfolio companies.

Investment Focus

• Companies must be located in the United States and incorporated as a C Corporation before applying.
• Applications are accepted on a rolling basis.
• The more thorough the application, the faster the determination of fit.

Portfolio Companies