Acrew Capital

Visible Hands is a venture capital firm on a mission to highlight and invest in the limitless potential of overlooked founders. We envision a world where talent and execution - not race or gender - are the key predictors for success. Our Manifesto Our world is changing. Our communities are changing - they are becoming stronger and more vibrant in their diversity, and face fresh possibilities and challenges as a new generation looks increasingly different from the last. We believe that as new opportunities arise, anyone should have the chance to seize them. The best solutions come from those closest to the problem - as our problems evolve, so should the problem-solvers. We believe that investing in women, people of color, and other underrepresented groups is key to creating a more prosperous and equitable future for everyone. We celebrate the bold, the curious, and the irrational. We applaud those with big dreams, and who choose the harder, riskier path in relentless pursuit of pushing forward what is possible. We also acknowledge that being a risk-taker often comes from a position of privilege - opportunity and wealth gaps persist along racial and gender lines, and access to financial and social capital too often determines which ideas are nurtured to grow. We believe that we must first acknowledge that the playing field was built to be unequal in order to change it. We know that we must change it. High-growth entrepreneurship should not be reserved for the privileged few. We need to shine a light inwards on our collective blindspots, and cast out a wider and more inclusive net to find and support existing talent. Instead of relying on unseen market forces, we’re taking matters into our own hands. No one should have to look a certain way to be deemed deserving; great entrepreneurs are all around us but we must choose to see them. By sharing our privileges with those not born into it and manufacturing fairness where it doesn’t yet exist, we can fundamentally change access to wealth and opportunity in this generation. This is our open call for anyone who feels stuck on the outside looking in: We see you. We value you. We need you. Your perspective is unique, your lived experience is invaluable, and your potential is limitless. Never doubt that your voice matters and that you deserve to be heard, even if it can feel like it doesn’t. We believe that good ideas, regardless of who or where they come from, should rise to the top, and we will fight alongside you to get them there.

New York Ventures supports high-growth companies and their partners to use technology to solve important challenges in areas of strategic interest and importance. We actively look to provide greater access to venture capital for regions, industries and individuals, including women and minority entrepreneurs and fund managers. Our goal is to build a robust startup ecosystem across New York State, leveraging public and private sector assets. New York Ventures is actively deploying over $300 million of capital through equity programs for both direct and indirect investment. In 2022, New York was awarded funds via the U.S. Department of Treasury State Small Business Credit Initiative, which helps us to support our several programs. Venture Capital Program Funds Pre-seed and Seed Matching Fund: $30 million fund for investing in venture backable start-ups at the early stages of their development NYS Innovation Venture Capital Fund: $135+ million fund for investing in venture-backable startups from Seed through Series B Emerging and Regional Partner Fund: $102 million fund for investing in diverse and emerging venture fund managers or managers who invest in undercapitalized regions in NYS Community and Regional Partner Fund: $52 million fund for investing in venture fund managers who operate or partner with mentor-based programs like accelerators Impact NY Ventures programs and companies create impact in numerous ways, but we are proud of the range and diversity of companies and managers that all our programs have supported since 2011. 224 companies: More than 55% located outside of New York City $135M+ invested by NYS, matched by $900M+ from the private sector 43.3% portfolio companies started and/or led by women or minorities Team The New York Ventures team has extensive experience as investors and entrepreneurs, with offices in New York City, the Southern Tier, Western NY and the Capital Region. In addition, we regularly collaborate with our partners within the Small Business and Technology Development Division who help entrepreneurs at all stages of growth and development. Jennifer Tegan - Managing Director Silvia Garcia Codony - Assistant Vice President Karan Mehta - Senior Director Ryoko Nozawa - Senior Director Josh Nelson - Director Zack Pecenak - Director Audrey Chisholm - Assistant Director Elaine Chen - Operations Associate Thomas Halpin - Project Associate

At Dive In, we help world-class diverse founders and companies outcompete by using a rigorous multi-year coaching methodology with a proven track record for success. The future these founders and companies represent is one in which we are inspired to live, so we are doing everything we can to stack the decks in their favor. Increased funding is critical, but even with more capital, venture is an industry predicated upon 1 in 20 businesses succeeding. This is wildly inefficient. As successful operators who have coached over 800 companies, we believe we can significantly improve these odds. Dive In Powered by Talentism The greatest advantage startup founders have is the speed at which they learn. We’re powered by Talentism because they’ve figured out how to increase the speed of founder learning with clear results. 33% AVERAGE CLIENT IRR 4.4X AVERAGE CLIENT RETURNS AFTER SERVICES 89% OF NEW CLIENTS COME FROM CLIENT REFERRALS >8X OVER 20% OF CLIENTS OBSERVED +8.0X RETURNS WHAT WE DOCoaching: It’s not about changing who you are. It’s about seeing yourself clearly and designing around yourself effectively to achieve goals faster. Data & Analysis: Sharpen your picture of how your behaviors drive or hinder your team’s performance with evidence. Then do something about it. Training: Most founders are not good managers and do not know what good management looks like. See your management skills or gaps clearly, then build a strong management layer that learns together. Follow-On Investments: We reserve significant capital to back the companies we believe will scale after at least a year of coaching them. WHO WE SERVE DIVErsity INvestments define our name and focus because diverse companies outperform, because we are excellent at selecting diverse winners, and because we are uniquely qualified to increase their success. 36% top-quartile companies for ethnic and cultural diversity are 36% more likely to outperform bottom-quartile ones 9% higher EBITDA margins in diverse companies 25% greater odds of profitability with gender diverse teams

We help and invest in entrepreneurs from diverse underrepresented communities go from 0-10 via pre-seed funding, pre-accelerator support, and early talent matching/team building.

Since its founding in 2009, H/L Ventures has forged a new way to build companies. H/L Ventures’ unique approach combines Daily Active Engagement with every portfolio company and a focus on investing in growth, impact, and diversity. Today, H/L Ventures manages a family of companies and funds that together comprise a holistic company-building ecosystem. At the heart of this system is H/L Studio, which was among the first venture studios to include social impact in its investment thesis. That venture studio is now supported by our opportunity fund, CityRock Ventures, and our managed services group, H/L Strategies, among other entities. Our team has pioneered an innovative, effective model that aligns the interests of entrepreneurs, investors, other stakeholders, and society to succeed together. At H/L Ventures, we apply these three key elements across our studios and funds: DAILY ACTIVE ENGAGEMENT WITH FOUNDERS H/L Ventures’ involvement with our portfolio companies is as hands-on and supportive as possible throughout the entrepreneurship journey. This is the hallmark of H/L’s approach: we hold ourselves to a standard of virtually daily contact with every company in our portfolio, on an open-ended basis. This is not the empty promise of a website value-added page, but the core of our investment thesis. We host weekly calls with our senior portfolio team and each team of founders, which leads to daily activities involving our staff, Venture Partners, EPIRs, advisors, and network of service providers. All of this is in a supportive mode, meant to ensure that whatever needs our portfolio companies have, we remain actively relevant and helpful, every day. This care is given to all portfolio companies, regardless of which H/L Ventures vehicle is engaged. A POWERFUL ECOSYSTEM We respond effectively and proactively to our portfolio companies via a powerful team and community. Organized in a hub-and-spoke model around our core portfolio staff, four key communities help us co-build companies: Venture Partners & EPIRs, Advisors, Member Partners, and our affiliated Trusted Partner Network. Our team is shared across all our family of studios and funds. ACCESS TO CAPITAL From inception to exit, we provide many different forms of capital. Pre-Series A start-ups benefit from the H/L Studio model, where they enjoy access to virtually every form of capital, including human capital, social capital, networks, experience, and time. H/L does not normally invest in Pre-Seed rounds, focusing on our broad range of value-add services as we build a deeper relationship together via our Studio. We do however offer $100,000 in funding at the formal Seed round stage for our Studio companies [1, see Footnote], as well as an opportunity to leverage our extensive networks of co-investors to benefit the team’s fundraising efforts. Our opportunity fund, CityRock Venture Partners, invests at Series A and Series B. CityRock funds both qualifying studio portfolio startups and companies that come to us from outside of the studio pipeline, provided they fit our thesis and pass our standard due diligence process. Regardless of placement in the H/L Ventures ecosystem, all of our portfolio companies enjoy full access to our venture studio resources.

As a public fund that invests in opportunities where there is both measurable social impact and financial outcome, InBC offers a unique contribution to investment capital in British Columbia. Increasing overall investment capital available within B.C. Engaging across all regions of the province Investing with long-term timelines aligned to big visions and triple bottom line objectives Actively supporting companies and venture funds with a strong connection to B.C. Prioritizing the potential that exists across diverse populations, communities and sectors Investment objectives InBC’s investment decisions are guided by impact objectives that link to the triple bottom line approach – People, Planet and Profit. While no specific amount of money is allocated to each objective, InBC seeks to ensure that any investment it makes aligns to at least one of these impact objectives, demonstrates a strong connection to B.C., benefits the B.C. economy and generates financial returns. Investment criteria InBC invests in companies and venture funds that demonstrate strong and measurable opportunities aligned to our People, Planet, Profit approach: People: Investments will support an inclusive economy for British Columbians and advance reconciliation with Indigenous Peoples. Planet: Investments will create new jobs and opportunities associated with a net-zero future and climate resiliency. Profit: Investments will have growth potential to achieve a positive financial return for British Columbians and support InBC’s ability to be an evergreen fund.