Investment Application
Thank you for your interest in Fifth Star Funds! NOTE: We are currently fundraising so we can invest in more founders like you. We anticipate that new applicant interviews will be reviewed and scheduled in Q3 2024. We encourage you to submit an application and we will review it as soon as possible. Thank you! We invest in startups that meet the below criteria: - At least one co-founder who has faced material barriers to accessing capital due to discrimination based on race - Headquartered in Chicago or Houston - Friends & Family / Pre-seed stage - Tech-enabled software business with the potential for venture scale - Less than $300k funds previously raised (we define this as equity investments that have been wired; verbal commitments and non-dilutive grants do not count against this cap) - Corporation or LLC business entity type We currently invest $25k under a SAFE agreement with a $4M post-money valuation cap and a 20% discount rate. More information on SAFEs here: https://carta.com/blog/fundraising-with-safes/ We strongly suggest you wait to apply until after you have reviewed the following materials and are confident you are ready to put your best foot forward. Fifth Star Evaluation Rubric: https://www.fifthstarfunds.com/rubric Example Pitch Deck Slides: https://tinyurl.com/yyzd698k Pitch Video from TechRise: https://tinyurl.com/2p8e44ds If your startup meets the above criteria and you have reviewed and feel you can adequately address our assessment criteria, we welcome you to submit the below form and we will be in touch to schedule time to meet with you. The form should take less than 10 minutes of your time to fill out. Thank you!