We partner with
innovative founders
What's our investment process like?
Application Submission
Initial Review
Mini-Committee
Due Diligence
Investment Committee
Term Sheet
What our founders say about us
"The deep experience and sincerely motivated team at Florida Funders can only help any company that is lucky enough to work with them."
–BRENDA STONER, CEO of PICKUP
"We're grateful to be in business with Florida Funders and would work with them 10X over if given the opportunity."
-ALEX SMERECZNIAK, CEO of 2U LAUNDRY
FAQ
Have a question? We have the answer
Key Factors Include
Strong founders that are passionate & coachable
Tech or tech-enabled ventures
A highly scalable business model
Minimum Viable Product (MVP) and/or a launched product with established customer base
High revenue growth potential and operating in a large market
Unique solution with intellectual property and/or a disruptive Approach
Structured Vetting Process
Application Submission
Initial Review
Pitch deck and initial application reviewed. If deemed a potential fit, a 30-minute introductory call with the deal team will be held to include your Company’s intro Pitch & Q&A.
Mini Committee
Presentation to CIO, Partner, and the deal team. Conduct financial & competitive analysis, tech review, customer calls, and subject matter experts are engaged.
Due Diligence
Documents requested & primary diligence conducted. In-person meeting with Partner at Company offices.
Investment Committee
In-person presentation to Investment Committee.
Term Sheet
Non-binding term sheet is drafted and agreed to by both parties. Any remaining due diligence is conducted.
We invest in early-stage companies raising rounds between Pre-Seed up to Series A.
Currently, Florida Funders is investing out of our 2nd investment fund. Our average check size is $500K to $1M.
We view our portfolio companies as partners which is why we offer a variety of value-added resources to help them grow their business.
Fundraising Accessibility
Through our Investor Portal, we offer founders the opportunity to raise capital from nearly 2000 accredited investors without the need to pitch hundreds of times... and with only 1 line item on your cap table.
Operating Partner Program
Our VP of Platform and Community, Maria Derchi Russo, leads efforts with our Operating Partners. She performs a collaborative business assessment with FF’s partners and operating partners by taking a deep dive into systems, HR, accounting, sales, marketing, and more.
Future Fundraising Support
We reserve capital for follow-on investments in select portfolio companies demonstrating successful growth & operational metrics.
Cross Portfolio Company Support
We consistently identify opportunities where new and existing portfolio companies, as well as organizations and preferred vendors in our network, can develop business synergies together, learn from past experiences, and assist in each others’ long-term successes.
When Florida Funders invests in a company on behalf of our angel network, we structure our investment as a Special Purpose Vehicle (or SPV). This structure allows our network of angel investors, funds, and co-investors to invest in the company with only one line item on the company's cap table. This simplifies the number of names and contacts for founders to communicate with while we perform the administration for all investors.
The investment team includes Ryan Whittemore, CIO; Chelsea Oppenheim, Director of Investments; Yasmine Morrison, Investment Associate; and Zach Brodsky, Manager of Institute Investments.
If you have any specific questions, you can contact [email protected] and someone from the team will reach out to you.
Florida Funders is based in the state of Florida and we love investing in Florida-based tech companies. But we do invest in more than just Florida. Throughout the years, we have maintained 60% of our portfolio companies headquartered in Florida and the other 40% scattered around the United States.
Yes, we lead, co-lead, and do follow-on investments.
During our early evaluation process, we see many deals, often in similar spaces. As a firm policy, we do not sign NDAs, as it is prohibitive to our business and structure. We are not interested in competing with you, nor do we share confidential information. If you are still interested in having Florida Funders take a look, we can keep the initial conversations at a high-level and not dive deep into details.