By design we are a small team with a flat structure and consensus decision-making style. Our process is thorough, but focused and expedient. We formed Inventus because we see many great companies that don’t need the typically over-sized Series A rounds other firms require for their model to work. We want the founder’s model to work. And our experience is that too much venture capital money, too early, works directly against the Founders in terms of ownership, focus, creativity, and ultimate success.
Innovative ideas and insights into big markets are important, but the talent and drive of the Founding team is paramount. So we like to get to know you at the earliest stages, and collaborate as your work through the early seed phase prior to justifying a seed-prime or Series A round where we’re most likely to come in. We strive to keep our process and your interactions with us simple and constructive:
Step 1: Submit
Submit an overview of your business to us. It helps speed up the process if you are referred to us. We’ll review your business idea and let you know if it could be a potential fit.
Step 2: Meeting
If there is interest, we’ll request an initial, in-person meeting, which typically lasts about an hour. We have offices in Bangalore and Menlo Park. The presentation should be short and succinct. A short presentation is fine as we want to focus on your team and vision for the company. During this time we want to learn about:
- The leadership of the company
- Your product and preferably a demonstration
- Your target customer and validation
- The problem you solve for your customer
- How you plan to reach customers
- Competition and Industry landscape
- Market opportunity
- Your venture capital requirements
- Product and Business Milestones with capital being raised
After the first meeting, we will provide feedback if there is a potential fit with our strategy and philosophy. If there is a fit, we’ll spend more time together to better understand your business.
Step 3: Video Conference
You will then be invited to present to all the partners via video conferencing. We make decisions unanimously within our partnership.
Step 4: Venture Capital
Lastly, if there is mutual interest in moving forward, we will discuss the specific terms of how we might work together in building your company.
The whole process should take anywhere from 3-6 weeks.