New Stack leads rounds at the angel, pre-seed, or seed stage. We typically invest between $500k and $1.5M into startups that are pre-revenue, in pilots/PoCs, or early Commercialization.
Focus Areas
New Stack invests broadly across sectors, categories, and business types. The team has unique expertise in the following areas:
- Enterprise SaaS, Legacy Industry SaaS
- Marketplaces, Platforms
- HardTech, IoT
Philosophy
At New Stack, we invest in outsiders. Our startups don't look like what's commonly funded in Silicon Valley. The standard formula of Stanford educated, Google trained, Bay Area-located is NOT what we're looking for. We believe in mission-driven founders with an irrational commitment to their cause --regardless of location or circumstance.
Themes that we look for include:
- TRACTABLE: Tools that give non-experts, expert capabilities
- UGV: Platforms that empower users to generate value
- ACCESS TO IDLE SUPPLY: Activating idle capacity
- TROJAN HORSE: Targeted beachhead provides access to broader opportunity
- NETWORK EFFECTS: Value increases as users increase
- BD INNOVATION: Customer acquisition strategy is as novel as the product
- COMPETING W/ NON-CONSUMPTION: Turning non-consumers into consumers
- MOUNTING LOSS: As individual usage increases, switching costs increase