1. Home
  2. Companies
  3. Crosscut Ventures
CV

Crosscut Ventures

About

In 2008, we defied conventional wisdom by founding a venture capital firm in Los Angeles instead of Silicon Valley. Today, we’re managing $300+ million and driving the ecosystem forward with innovative programs that support founders and their communities.

We’re partners

We’re committed to building companies alongside you, not just writing checks. We are former founders, operators and executives and we aren’t afraid to roll up our sleeves.

Investing in you

Not only do we support investments in personal development and wellness, we commit capital to it. That’s why when we partner with companies, we pledge one percent to fund bespoke programs that support our founders’ growth.

The expertise you need

When we don’t have the answers, someone in our networks will. Tap our deep roots in Los Angeles’ tech community to connect with founders, operators and industry experts who can help you grow.

Our first great bet

In 2008, Crosscut set out to prove that Los Angeles could support a robust technology entrepreneurship ecosystem. Now, we’re the most established seed-stage venture capital fund in LA.

How it played out

After years of building our community in LA, we empower our city with events that bring together its most inspiring innovators, operators, and creators. From flagship events welcoming newcomers to LA to roundtable dinners that we call Crosscut Conversations, our events bring together the changemakers that are building the future of the LA tech scene.

Similar companies

WV

Wonder Ventures

We write the check that puts you in business. We believe no idea is too early. We fund companies earlier than most VCs. But we don’t just give you the money you need to get started, we have the means to help you grow every step of the way. Wonder Ventures Community Wonder Ventures’ community in rooted in LA with the over 80 portfolio companies, 200 founders, and thousands of employees we support. In addition to this, more than 70 of LA’s top founders and tech executives have invested in Wonder Ventures. This talented group of people represent the best of SoCal tech and are a key part of our community, supporting the founders that we invest in. We put founders first because we were founders first Managing Partner Dustin Rosen and investor Valentina both started companies before Wonder Ventures. Understanding the needs of a founder mean that we make it our job to work for founders, not the other way around.

5L

500 LatAm

We focus on discovering and supporting entrepreneurs and entrepreneurs. Since 2012, 500 LatAm invests in Spanish-speaking Latin American companies through our investment program Somos Lucha. Benefits of Somos Lucha Investment: We will invest $USD80,000 in 10 companies, find out the terms of the investment here . Bases of growth: We will help you lay the foundations that allow the accelerated growth of your company. We will assign a member of our team with whom you will have biweekly meetings to take your company to the next level. Founder skills: We will work to professionalize you as a founder with tools and support to develop the skills you require for the next stage of your company. Preparation to raise capital: Start your capital raising process within Somos Lucha. You'll have training, pitching, and investor exposure at Demo Day, to potentially raise your next round of capital. Global 500 Community: Be part of a global community of founders. In addition to having the support of more than 400 mentors around the world.

FO

FounderFuel

People power the future. We empower their vision. We ignite the global success of companies by developing the leaders behind them. 100+ companies $600 M+ raised $1,6 B+ market value FounderFuel works to develop both the skills and mindsets of the founders shaping our future through game-changing technology. New founders learn and grow, hone their business models and stories and take their companies to the next level. Five axes that transform vision into leading companies. FounderFuel combines the value of Real Ventures’ expertise, experience and networks with an holistic approach that powers a 4-month acceleration with insightful mentors, intensive networking, expert-led seminars, personal development and coaching, culminating in Canada’s biggest Demo Day on July 11th, 2023. LEADERSHIP: Leaders inspire people to follow them, while managers instruct people to work for them. A crucial area of founder success relates to personal development and leadership coaching. In addition to developing our founder’s operational skills, our leadership track helps founders expand their self-awareness, develop resilience and ultimately learn soft skills that will help them weather all the storms of company-building through the development of themselves and the people they collaborate with to create value. NARRATIVE: A strong narrative is essential to building a venture-backed company. Founders that can communicate a compelling story and gripping vision are more successful in attracting talent, raising financing, and building high-functioning teams. Using techniques honed across hundreds of FounderFuel and Real Ventures companies, our narrative track gives founders the tools to convince others to believe - whether on stage, in board rooms, or even in an elevator. LEARNING: The startup journey is wrought with endless decision points, feedback loops, and second guesses. We believe founders who embrace curiosity and remain open and excited about challenges will see the opportunities to create disruptive business models. Leaders with bold ambitions will need to nurture genuine cultures where their people can continuously learn and unlearn without fear, which will ultimately develop the resilience required to succeed. NETWORK: Founders, and the companies they build, thrive when supported by great advisors and a strong diverse community. With hundreds of mentors, alumni, and partners, FounderFuel is a gateway to one of the premier startup networks in Canada. Our network track leverages this uniquely valuable group across 3 of Canada’s most established VC firms through mentor matching, founder talks, and high-value social encounters. EXECUTION: Acceleration is ultimately measured in business results. Using the OKR method as a base, FounderFuel helps participants set and reach ambitious goals while establishing an operational cadence that can scale. Our execution track includes weekly check-ins, mentor goal setting reviews, and expert-led seminars. The FounderFuel program also gets our companies venture investment ready! Canada’s biggest Demo Day FounderFuel culminates with Demo Day, a gathering of 1,000+ members of the Canadian tech ecosystem to hear the cohort’s pitches and celebrate the ecosystem that enables them to thrive. Four months is a short period of time. High output requires intense focus and execution. Demo Day is the clear deliverable for our work on company narrative, and motivates the CEOs to refine their value proposition and company vision. It’s is also a motivator for driving execution, since great pitches need great numbers!

FC

firstminute capital

firstminute capital is a $320m sector-agnostic seed fund backed by 120 unicorn founders, including over 20 founders of $10bn+ businesses. Our General Partner Brent Hoberman is a double unicon founder. Yet, we are more than a fund. We’re an ecosystem of entrepreneurs from all over the world who, facilitated by firstminute capital’s team, come together to help one another, turn vision into reality and create the future. Our community is our edge. It is the source of the transformational support we offer to our partners who are warmly welcomed inside. An invitation into the firstminute capital community is secured by those with a special kind of spirit, not just a solid spreadsheet. A rare breed driven by a powerful characteristic we call, ‘Magnetic Ambition.’ Those with it often don’t recognise it in themselves, yet they are propelled forward by it, every day. We see it in their ability to capture hearts and minds with their vision, their belief and their commitment. When we find a founder with Magnetic Ambition, we open the door to the firstminute capital community and we give them everything they need. At your service What can founders expect from working with us? First of all, our 9-person investment team will fight for founders. Between us, members of the team have backed 10 unicorn startups at seed; we have IPO-ed companies; we have started companies; we have fundraised ourselves and we have failed and picked ourselves up again. So we are all here to help with advice, strategy brainstorming, product workshops, introductions to customers, raising a Series A or just being there for you in the tough times as well as the good times. If we can't help, we'll know someone in our extensive network who can and we'll make that intro. On top of the investment team, founders also get the whole "platform" team, which is another 11 people dedicated to helping founders scale their business and help with areas such as hiring and marketing. Our goal is to be the most helpful seed fund in Europe. We love to help founders build. Network effects At firstminute, we see ourselves as collaboration catalysts. We act to unlock the value our the community and bring our own expertise to bear when the time is right. Thanks to our 120 unicorn backers as well as a network of top CEO supporting us, firstminute has an extensive global reach. We like to bring on our investors - some of the top angels in the world - into our deals and as advisers to supercharge companies. firstminute's co-founder is Brent Hoberman, who after founding and exiting two unicorn startups himself created a network of companies under the 'Founders' umbrella. These include a world-class event series called Founders Forum as well as a consultancy, a recruitment firm, a charitable arm and Europe's largest incubator-accelerator. This whole ecosystem is part of our network, which helps with everything from sales introduction to finding top talent. We also have a large investor network to help with that Series A fundraise and beyond, having done deals with our friend at funds such as Tiger Global, Sequoia, Benchmark, a16z, Coatue and Atomico. Being part of our community, with our events and parties with some of the biggest names in tech and business, means you will be working with the best. We do an annual retreat for founders as well as regular drinks and dinners. Every year we hold our flagship summit in London which brings together firstminute investors, portfolio founders, partners from the top US and European multi-stage funds, and friends who are all bright lights in the tech community. Read more about that here.

AV

AiViet Venture

Led by a team of seasoned entrepreneurs and industry veterans with decades of experience in building and scaling market-leading companies, Ai Viet leverages the extensive expertise, networks, and insights of its founding team to guide portfolio companies from ideation to high-growth stage. AiViet Venture aims to cultivate the seeds of innovation and entrepreneurship by empowering Vietnamese entrepreneurs who operate or intend to operate scalable startups that can generate a positive change impact in the sector. INVESTMENT THESIS AiViet Venture supports Vietnamese founders who are capable to initiate a scalable business model by utilizing technology to optimize efficiency within a sizable market. We see ourselves as a venture builder accompanying founders in the path to become $100M startup.

LV

Latitud Ventures

We're your partner from 0 to 1 and beyond. US$200k towards your pre-seed We write a high-conviction first check, providing limited dilution and no competition with seed leads in LatAm and the US. Top founders and mentors Find hands-on tactical support and connections within a community of outlier founders and seasoned operators. Help raising your next round We'll connect you to the right and best investors and walk side by side on the path to successfully closing your Seed round.