Neotribe Ignite Fund FAQ

This FAQ is intended to address top-level questions regarding Neotribe Ignite Fund I, our $90M fund that invests in early growth-stage companies.

The Ignite Fund is a natural extension of our existing platform, which includes our first two funds (Neotribe Ventures Fund I and II) that are focused on Seed and Series A companies. With the launch of Ignite, we are able to both back our existing founders through the next phase of their growth journey as well as welcome new companies to the Neotribe family.

What is the Ignite Fund’s objective?

To invest in high growth, typically Series B or later companies, with breakout potential. More specifically, the Ignite Fund is seeking companies that are capitalizing on truly innovative ideas to create something net new - whether it be a technological approach or a product. The Fund targets companies that still have scaling and execution risk but have solved most technical risks and have evidenced product market fit.

Example companies in the fund to date include BillionToOne, ThetaLake, and Auditoria.

How many companies will the Ignite Fund invest in?

We expect that the Fund will invest in 10 - 12 portfolio companies.

Does the Ignite Fund lead rounds?

For new companies to the Neotribe family, - yes, the Ignite Fund can price and lead rounds. The Fund can also participate in a syndicate priced by another investor. For companies that Neotribe previously invested in through our Venture Funds, the Ignite Fund will not price rounds but can participate meaningfully including investing on a super pro-rata basis, depending on the situation.

Do you take Board seats?

Yes. Both of our Fund Partners have Board experience and can take either voting seats or Observer seats, depending on the situation; however, a Board seat is not a requirement.

What regions do you focus on?

The Fund mainly targets investments in North America, though we can make investments elsewhere. As a firm, Neotribe has made investments in other regions including the UK, Australia, and India.

Which sectors do you focus on?

We are sector agnostic and have invested across computational biology, enterprise security, AI, clean tech, and more as a firm. While we do not focus on particular sectors, we do focus on technologies that we believe have sustainable advantages (e.g. data moat, technical innovation).

If I am a founder, how can I best contact you?

As a first step, you can send an email to Rebecca, one of the Ignite Fund Partners, at rebecca@neotribe.com. In order to be most effective, it is always helpful to send a short company blurb as well as a teaser deck or link to a demo if available.