A small group of investors (at the time, an informal angel syndicate) required effective, scalable processes to build a true deal pipeline and systematically perform due diligence to maximize ROI for investors and grow into a true venture capital (VC) fund.
Raising capital for a fund is always most difficult the first time around when there is a limited track record of the partners’ investment history and the team’s ability to work together. Thus, the ability to showcase well-thought-out systems and a mature due diligence process is all the more critical at this stage to give validity to the fund and accelerate fundraising efforts.
Director of Investments
I led the strategy and execution efforts of all prospective Seed/Series A deals and built supporting business processes to evolve the company and get their first fund up and running.
Today, Florida Funders is considered the most active venture capital firm in Florida due to its efficient and scalable deal pipeline management and operational process. We successfully raised Florida Funders’ first fund ($18 million) and now Fund II ($70 million) is currently in motion. They have had multiple exits, such as Pikmykid, 2x return on capital investment, exit as part of Series A financing and Peerfit, 5x return on capital investment, exit to Peloton.