backtrace capital

Flashpoint Venture Capital invests in Western Tech Companies founded by expats from Emerging Europe & Israel. By combining our capital and expertise with the vision and talent of tech founders we are always pushing for the next flashpoint. Our sweet spot is business-to-business software-as-a-service solutions and business-to-consumer applications in the initial revenues stage (late seed-round “A”). We are happy to learn about any innovative software solutions, even in pre-revenue stages. StrategyFocus on late-seed and Series A stage companies, however could consider seed investments in areas of our sector expertise or with co-investors we know. The sweet spot is business-to-business software-as-a-service solutions, however, we also invest in compelling business-to-consumer applications. Our focus is on software or software enabled companies, but we could also consider “software-first” hardware businesses. Initial check size of US$1-4m, following up to US$15m over the life of our investment. We are seeking 10-20% stakes with Board roles to enable our value-add. We are sector and business model agnostic. Investment criteriaA team of expert founders having achieved good initial traction (US$50-200k MRR) and tackling a sizable problem. Compelling product with sticky customers and low/negative churn. Business models with solid economics and LTV/CACs above 3x. Scalable sales/marketing channels, either inbound or outbound. First-mover or other lasting competitive advantage. Time horizon to potential exit is not a major consideration. Investment processWe like meeting companies early on in their development. Even at that stage before we invest, we could be helpful with our network or professional advice. We apply a structured analytical approach to evaluating the company. We are always interested in learning more about financial and operating metrics. Our investment terms are company friendly and could be tailored to particular needs and situations. Post term sheet signing we have a standardised due diligence process across main business areas – business, tech/intellectual property, finance, legal, tax, and others. From term sheet signing to closing a transaction the process can take one or two months depending on the speed of the company in assisting in the due diligence process.

Our Community partners have already embarked on their own crazy race of creating a B2B SaaS, some with a favorable exit outcome, others with a failure outcome, this allowed us to identify a methodology to find challengers of tomorrow. Part of our strategy comes from the business needs of our partners, in a logic of innovation and rationalization of costs it is interesting to look at the case of new players Today our Community partners come from the digital world and together we pool our expertise to identify the hidden value of tomorrow’s challengers Type of assets we are targetingShares: Mainly focused on startups with high potential, one of the key elements in this type of asset is the analysis of the market potential as well as in the team which will be in charge of developing the concept User License: Mainly focused on projects having a Functional MPV and seeking to consolidate it by sharing it with their early adopters, our attention is mainly focused on the execution strategy and the impact of its companies. Token: Mainly focused on web3 projects, this type of asset is generally linked to blockchain and data systems. our focus on this type of asset is focused on the oten linked to the governance and/or the use of a B2B SaaS system.

Cowboy Ventures is a seed-stage focused fund investing in digital startups. We seek to back exceptional founders who are building products that “re-imagine” work and personal life in large and growing markets. We're based in Palo Alto, CA, and invest across the United States.

Newion is an Amsterdam based EUR130M B2B Software Early Stage VC. A team of 12 people are making stellar outlier returns for over 20 years and want new people to join the diverse team.

We invest our capital and expertise to help remarkable entrepreneurs and leading transformational companies accelerate the growth of their businesses. With a deep understanding of growth stage companies and a special access to Google’s insights and expertise, we are uniquely positioned to advise entrepreneurs on how to overcome the challenges of scaling. $3 billion under management 55 companies, 16 IPOs, 9 M&A exits Over 2,500 Googlers engaged Growth is more than a stage; it’s a state of mind. With a spirit of collaboration and curiosity, we support companies making the crucial shift from start-up to scale-up. We do this by approaching every decision with a growth mindset, from product development to key hires and even codifying a company’s culture. With a laser sharp focus on scalability, we seek to fulfill an entrepreneur's vision, helping to prioritize the next right steps, making essential connections and more. Our mindset is our difference. It is how we are able to understand the challenges of scaling, and best advise entrepreneurs on how to overcome them, so they can transition their companies into growth, and beyond. Unmatched experience We’ve had front row seats to Google’s growth story - as well as Stripe’s, CrowdStrike’s, Credit Karma’s and more. We bring this invaluable experience to the companies we invest in, using it to support entrepreneurs making the step change into growth. World-leading expertise As part of Alphabet, we have special access to Google’s insights and expertise. So far, we’ve engaged over 2,000 Googlers with the domain expertise to solve what matters to companies that are scaling at pace. Partnerships to grow by We focus on where we can have the biggest impact, allowing us to offer unparalleled, tailor-made advice and engagement. We are resolutely long-term. As patient capital holders we have a track record of supporting our companies in follow-on rounds and even post-IPO. With total commitment, we build enduring partnerships that prepare businesses for today and tomorrow.