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
Enterprise SaaS solution connecting the fieldworker to their office and the world
The all day adventure flask, the Swiss Army Tool of insulated bottles
In known founders w/ momentum and proof.
- multi-month proof: meet / exceed goals
- $50k investment + SPV syndication
- 2 yr note: 8% interest | 20% Discount | valuation cap
- super efficient – low investment costs (1 & 5)
- open to active and passive investors
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 24 pitch cycles per calendar year with decisions made on a monthly cycle (excluding August and December).
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. See the Investor Deck for more information
FundNV Org Committee
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. Interest is confirmed via email or verbally, then invitations are sent to the Glassboard platform for virtual signatures and 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 late 2021).
Fund minimum is $500,000 and will close to additional investors on December 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