Making an Impact in Nevada and the World
Consistently Robust Deal Pipeline
Capital Raised ($M)
If you want to learn more about how our fund works, please fill out the form below. Our philosophy is to put as much capital to work as possible, minimizing fund expenses and early stage risks. Some basic facts are noted below. For other general questions, please see our FAQ.
- Low Management fees @ 1%
- Low Carried interest is 5%
- High Success – Invests in startups exceeding goals over 90+ days
Featured StartUpNV Companies
evidence-based veterinary point-of-care
- multi-month proof: meet / exceed goals
- up to $50k: 1 or more tranches
- 2 yr note: 8% interest | 20% Discount | pre-money cap
- non-negotiable terms = low doc costs
A three-person investment committee (IC) is responsible for investment decisions. To qualify for funding, there must be a unanimous decision among the IC. Per FundNV bylaws, the IC must run a minimum of four pitch / investment cycles per year. Ideally, we will run 10 investment cycles per calendar year with decisions made on a monthly cycle (excluding August and December). COVID-19 restrictions and fallout will slow our pace in 2020, with the target to be fully back on pace by 2021.
Investment committee members are appointed to off-set two-year terms by the StartupNV board.
Documentation for investments, LLC formation, SPV’s and other administrative activities are conducted by our administrative partner, Assure. FundNV charges a 1% management fee and low carried interest of 5% paid to StartUpNV for general administration and pipeline management. There are two open positions for the 2021 investment committee. See the Investor Deck for more information
FundNV Org Committee
IC Member | FundNV
Share Pricing & Timing
Informational Only – Not a Solicitation to Invest
FundNV is formed as a Nevada LLC, open only to accredited investors (no Nevada residency requirement) and is administered via a Assure.co ‘s “Glassboard” platform and Silicon Valley Bank. Minimum LP (member) investment is $10,000 for 2 fund units. Additional units are $5k each. Commitments are made via email or verbally, then documented in the Glassboard platform prior to investment.
Investors will be asked to sign a standard Assure.co administered investor agreement and fund 50% of their committed amount. The balance of the investment commitment will be called when 50% of the initial funding amount is invested (estimated to be in early 2021).
Fund minimum is $500,000 and will close to additional investors on March 31, 2021 or when $1 million (fund maximum) is committed, whichever comes first. Prices noted below are noted in 000’s of dollars.
See the Investor Deck for more information
Limited PartnerMinimum Investment
- Limited Partner | Accredited Investors Only | Self Accreditation
Additional Unitsup to 15 per LP
- Limited Partner | Additional Units | $5k per additional unit
Foundation LPFoundational Investor
- Foundation Limited Partner | IC Committee Nomination | Limit of 3 Foundation LP’s