Weekend Fund

Alpaca VC is a seed-stage venture capital firm based in New York. We believe that layering technology over daily life transforms how the real world works. So we invest in the people, products and processes that power commerce in the physical world. Together with founders, we kickstart real change with outsized impact. Led by a diverse team of company builders, operators, and analytical thinkers, Alpaca has developed a repeatable playbook to help its entrepreneurs most efficiently progress from Seed to Series A. As previous founders, we understand the ups and downs of the startup journey. The strength to break down walls and put out fires, day after day. The heart to take care of your own. The capacity to prioritize what really matters and get the big stuff done. If you are an entrepreneur creating an interesting company and would like to contact us, feel free to reach out at hey@alpaca.vc. We lead Seeds, the most formative period in a company's life cycleEarly Stage: We invest in early stage rounds across the US and Canada. $500k–$2M: Our check size can range anywhere from $500K to $2M. Founder-Market Fit: We back founders who were put on this planet to run the businesses they’re building. 35 Days: We’re the transparent VCs we wish we had. That’s why it takes us 35 days on average to close a deal. We invest in sectors that we know best.Proptech + Contech: As owners and operators ourselves, we have a frontline view to inefficiencies and opportunities. We’re interested in parking tech, branded living/working, Smart Buildings/Homes, sustainable building materials and new forms of home ownership. Commerce Enablement: Supply chains are the engine driving economic prosperity abroad. These complex, and often mismanaged systems, are ripe for disruption. We're interested in emerging solutions that have excellent potential to change that. We’re interested in Payment and Processing Softwares, Marketplaces, and tools that power global e-commerce supply chains. Web3: In the emerging Web3 space, new technologies are creating shifts in almost every aspect of life, from art and gaming to organizational structures and ownership. Consumer: Shifts in consumer preferences have created white spaces across product, experience, logistics, and more. We’re captivated by Personalization, Wellness, and Luxury goods made to be more accessible. Future of Work: The way we work is rapidly changing, from where we work to how we navigate daily business in a global world. We're interested in solutions for hybrid and remote work, live/work spaces and new technologies that drive what's next. FinTech: As the FinTech sector continues to mature, there are a number of trends characterizing the industry. These emerging technologies, matched with a population eager to invest and adapt, has continued to play an important role in shaping the future. Creator Economy: Creators are fueling new communities, tools and forms of communication with their own distinctive economies. We go beyond the capital with our OneHerd PlatformFundraising: Our team connects founders with the right players in the field. We’ve helped dozens of companies raise their Series A. OKRs: We believe structure feeds success. That’s why we take the time to outline company milestones that set founders up for a fundraiser. Experts: From Growth to Product, our experts come with a range of different skillsets that help our companies scale from 0 to 1.

Paige & Josh met as most people do now, through a mutual friend on the internet. They quickly became best friends & co-investors, and founded Behind Genius Ventures. Investment ThesisTypes of Companies Future of Work Future of Play Sub-categories in the Future of Work Dev Tools API-First Products Fintech No Code Sub-categories in the Future of Play Health and Wellness Entertainment & Media Gaming E-Commerce The Passion Economy Stage of Investment Pre-Seed Seed Geography USA and Canada only Check Size $100K - $200K Investment Process Even though we invest unanimously, we try to move as quickly as possible as Solo GPs. Companies we invest in will go through all the steps below before an investment decision is made. On average, our entire due diligence process takes between 2-3 weeks to complete. ‍Step 1: Partner #1 Zoom Call Step 2: Additional questions asked through Loom or asked through email asynchronously Step 3: Partner #2 Zoom Call Step 4: Additional questions asked through Loom or asked through email asynchronously Step 5: Potential third call with all partners available - product demo if applicable Step 6: Review additional information internally‍‍ We try our best to be as transparent with founders as possible. If we meet with you and decide to pass on the opportunity, we try our best to either: Tell you immediately at the end of our meeting Provide a personalized email response as to the reason we are passing

Worklife is the first venture capital firm designed for a new era. Where work is more creative and anyone can start something. Where life is more flexible and not tied to an office. Where everyone is a triple threat. We’re investors in the latest tools to start your own business from anywhere including Webflow, Public, Hopin, Settle, Pipe, and over 100 other startups. Whether it’s a podcast, jewelry line, merch shop or venture-backed tech company, Worklife has backed tools for you to start a business without ever writing a line of code. Worklife was founded in 2019 and in our first two years the companies we've backed are now worth over $32B. Our investors include Zoom CEO Eric Yuan, Slack CEO Stewart Butterfield and a collective of founders from Cameo, Spotify, Twitch and more.

After managing two successful funds, we now present YourNest Innovative Products VC Fund III. Focused on disruptive technologies to enhance the way mankind leverages the value of time, this US$ 75 mn fund will invest in startup founders across a spectrum of DeepTech domains: AI, IoT, Robotics, AR/VR/MR, Dev. Tools, Edge Cloud and other Digital products. As always, our intent is to create an opportunity for Indian entrepreneurs to scale into global markets with IP-led innovations: many of our portfolio companies in YourNest VC Fund II have secured patents and attracted customers in international markets. As a pioneering, pre-Series A, early-stage venture capital fund established in 2011 to support audacious startups building life-changing businesses, YourNest strongly believes in the human capability and works with the dictum of ‘what is impossible today is routine tomorrow’. We believe, too, that we are Challengineers: a team that actively pushes boundaries and engineers outcomes, standing shoulder to shoulder with our founders and supporting them with ‘Nurture Capital’. With an established network of professionals, innovators, business leaders, advisors and mentors, we offer the most enabling eco-system for any startup whose business is validated by customers. Our team prides itself on identifying committed entrepreneurs with the highest level of integrity, enabling their business ambitions and helping them to scale for international markets. In 2020, we launched our fast-track funding program SOAR which invested in five startups. The year also saw us exiting Uniphore and SmartQ from our first fund – YourNest Angel Fund – with a 0.7x DPI. Between the two funds, we are confident of multiple exits to deliver significant returns to our investors in the foreseeable future. Investment Thesis With the rise of entrepreneurs and the growth of startups in the past few years, we believe there are critical sectors, rooted in technology, that will fuel the next level of disruption in the coming decade. YourNest Innovative Products Fund-III will primarily seek to invest in enterprise-oriented, innovative, IP-led, tech-product startups. Its mission is to select products that are built around emerging technologies and have applications at scale. These product companies could be in sectors including Mobile Internet, Cloud Technology, Automation of Knowledge Work, Low-code or No-code Platforms, AI-based Cybersecurity, IOT, Edge Computing, Digital Twinning, Autonomous Technologies, Robotics, Electronic System Design & Manufacturing (ESDM). The focus of the Fund will be to invest in unlisted companies. The investment may start at an early seed stage and continue investing in promising companies at various stages of their growth. One or more rounds are likely to be made with co-investment from other investor(s) who may be an individual or an institution or an AIF or international investor such that the risk and reward of the portfolio company’s success is shared. ESG Policy Statement The YourNest Capital Advisors Pvt Ltd. i.e. Investment Manager (“IM”) of the Fund, commits to being a responsible investor, considering environmental, social and governance issues across all its investments. The IM is committed to comply with its ESG policy, applicable laws of the land and to be responsive to existing and emerging ESG concerns. We adhere to our responsibility to people and the planet while setting the stage for long-term success. Through ESG integration in our investment approach, we will endeavour to maximise business and investment opportunities. ESG integration will enable us to grow and improve the companies in which we invest, for long-term value generation opportunities for the benefit of all stakeholders. At the same time, we believe that ESG integration will help mitigate any liability, credit, market or reputation risks emanating from such issues. Nurture Capital Philosophy YourNest is a sharply focused early-stage DeepTech VC fund from India. The first fund established in 2012, raised US$ 14 mn and has several companies in the portfolio that have had multiple up-rounds and are on their way to a 4X+ return. Having completely invested its first two funds, YourNest is currently raising its third fund of US$ 75 mn to invest in Indian start-ups with a focus on DeepTech domains like AI, IoT, Robotics, AR/VR/MR, Dev. Tools, Edge Cloud and other Digital products. The YourNest team combines what may well be India’s widest access to prospective investees along with a rigorously prudent selection process that enables us to stay true to our investment thesis of nurturing high-potential entrepreneurs. In addition, we give our investors transparent access and exposure to high-growth, under-the-radar tech start-ups in India. In a country where entrepreneurship is encouraged but comes with its own challenges, the Indian DeepTech eco-system is rapidly evolving. As local Fund Managers, the YourNest team of experienced partners operates as unified enablers who have become adept at spotting emerging enterprises, nurturing and guiding them up the ladder of success. With a leadership coach as a founding partner, other partners bring complementary skillsets that including M&A, Financial Governance & Restructuring, Executive Development, Deal Flow Management, Building Intellectual Property and Global Scale. Brand building, Marketing and HR Practices are other competencies which have been added via the Venture Partners and Entrepreneur-in-Residence and are available to the portfolio companies. Our portfolio companies benefit from:‘Nurture Capital’ rather than plain ‘Venture Capital’. Our ability to mentor and coach entrepreneurs of investee companies. Our advisory expertise in key entrepreneurial matters: strategy, compliance, legal, HR, secretarial, talent sourcing, etc. Our network of corporates and individuals who can collectively multiply advantage for our investees.

Anamcara invests in companies focused on building technologies that serve and enable SMBs. We are pre-/seed stage venture fund that invests in B2B SaaS, online commerce, marketplaces, fintech, future of work, supply chain management, creator economy and decentralised/Web3 technologies. Anamcara invests across Europe and opportunistically the MENA region. Our distinctive approach is crafted around a curated network of industry leaders, investors and SMB owners. This is the Anamcara flywheel of value. Deep industry expertise and access.

We founded Mosaic as optimists who see technology as a force for good, and believe that the startup ecosystem will positively impact society. Our passion is to partner early with inspiring, ambitious tech founders: renegades who reimagine the world and shape it their way. We also believe in Europe. Breakthrough businesses are starting and scaling here with increasing frequency, powered by unparalleled engineering talent across the region. Our Promise to Founders We are excited to join your journey as an ally. We recognize that venture capital would not exist without entrepreneurs like you, who put everything on the line. We are thrilled when you choose to work with us, and honored to support your dream coming to fruition. As your partner, you can expect the following:‍ Trust: We have faith in you, and commit to supporting the business for the entire journey with intellectual honesty and unbiased counsel. Long term perspective: Success is not built overnight; we are in it for the long haul. Venture capital is a business that rewards patience on all levels.‍ Boutique service:We are a small, highly collaborative team who all pitch in to help across the portfolio. We typically make just 5-10 new investments per year, and every relationship matters. Growth mindset:We are humble, curious, open and straightforward -- having learned from both mistakes and successes. As independent thinkers we often take a different view from the herd. We don’t claim to know everything, and our approach is inquisitive rather than prescriptive. Low friction:We appreciate the value of your time and commit to simple, transparent business and quick turnarounds. Thesis-driven Since the 1990s, we’ve enjoyed a privileged ringside seat alongside hundreds of tech startups in many industries and geographies. Some have been successful, a number super-successful and inevitably, others didn’t work out. From these experiences, we have developed a thesis-driven approach to investing, where we try to imagine how a given market will unfold in the next 5-10 years, and then look for certain horizontal industry and business characteristics. Momentum is nice but we don’t need to see “traction” or baked KPIs to build conviction. There are general characteristics of businesses we like to invest in: Big, addressable markets and/or uncharted whitespace Distinctive product: love, trust, early customer evangelists Business model innovation, i.e. disrupting the value chain A large potential future moat, beyond pure scale and scope. From network effects, technical leadership, or other sources. This helps us derive the consequent gross margins and unit economics Broad customer (and supplier) distribution, i.e. no concentration immediately adjacent in value chain Long tail of independent adopters. Bonus for bottom-up word-of-mouth We invest in ‘whale-hunting’ too, but typically prefer to invest when there is a handful of customers (or highly relevant sector experience amongst the founders) Capital efficiency. After our first cheque, we are aligned with founders/on their side of the table, so funding pays for people, not inventory/asset Thematic Focus We look to back businesses catalyzed by emerging technology that may create a new market from nothing, or else materially disrupt the status quo. The themes we focus on evolve, as successive waves emerge, grow in force, and eventually ebb away. Historically, this led us to operate and invest in a wide range of web and mobile applications including search, social, and digital media. We are comfortable in both B2C and B2B businesses and particularly drawn to marketplace and SaaS/subscription business models. Our track record includes investing in global category leaders such as Alibaba, Etsy, Squarespace and Transferwise. In our current fund, the themes we are focused on include: Machine Intelligence Future of Money Edge Applications Work OS Open Bazaars Human Empowerment We continue to reflect on the impact of the pandemic. We will feel its reverberations not just in public health, but also in almost every aspect of the wider economy, as it impacts jobs and industries in ways that are still unfolding. We believe it also will become an accelerator for many tech trends and sectors, including health, education, and may have a dramatic impact on retail and real estate. In particular, as new work behaviours emerge and opportunities arise, we are deeply curious to understand what forms of value will be created. Our Story Mosaic was founded by Simon and Toby who first met in the U.S. in 1995 at graduate school. We were lucky enough to work in leading Silicon Valley startups at the dawn of the Internet and since then, have collectively amassed over 50 years working in tech, split equally between operating and investing, across the US and Europe (and approaching half of that time working together!) We set out for Mosaic to bring a focused proposition to early stage investing in Europe, providing unique perspective, culture, and founder experience. In the six years since launch, and now we are proud to have created a firm with a strong operating philosophy and values based in trust, intellectual honesty, and integrity, and an amazing group of talented individuals to deliver on our promise to founders.