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Early Stage Capital for Scalable Nevada Start-ups
An Early Stage Venture Fund for StartUpNV Companies
Investors - Learn MoreFounders - Learn More
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Incubating Scalable Nevada StartUps Since 2017
Our state-wide accelerator is unrivaled in one of the fastest growing economies in the US. Our private and university pitch days attract the brightest talent in Nevada. StartupNV attracts the most founders and the best startups in Nevada.

Founders

Learn more about raising money and attracting mentors for your company

Investors

For Accredited Investors seeking lower risk and higher returns in an early stage fund.

University | Government

For those seeking economic opportunities in private + public partnerships

Making an Impact in Nevada and the World

Portfolio companies have a months-long track record of performance prior working with StartUpNV and being considered for accelerator acceptance and investment. All companies must meet or exceed established standards and garner the endorsement of the investment committed.
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Consistently Robust Deal Pipeline

Through our affiliation with StartUpNV, FundNV sees the most consistent pipeline of scalable, early stage startup opportunities within the state of Nevada. Our pipeline of start-up companies, founders, and mentors in both the private and university sectors is the most robust in Nevada.  Here’s what StartUpNV has seen from Q3-2017 opening thru Q2-2021.

Pitches

StartUp Members

Companies Funded

Capital Raised ($M)

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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
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Featured StartUpNV Companies

The companies below are members of StartUpNV – and are featured as examples of the types of companies in the program. None of these companies, their founders, StartUpNV, nor FundNV are soliciting investments in the fund or in these 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

  

Self-healing AI rules engine eliminates bad data with no code

Explore StartUpNV Companies
Recent FundNV Investments

FundNV Invests

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
See Investor Deck

Investment Committee

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

Stephen Hurst

Stephen Hurst

IC Chairperson

 
Bill Slikkerveer

Bill Slikkerveer

FundNV Org Committee

Jeff Saling

Jeff Saling

IC Administrator

Founders say

“The Mentors are awesome. The feedback and experience is direct and relevant. StartUpNV and FundNV are really needed for startups like ours”
Alvin Tanpoco

CEO | Founder, FS 2.0 | CryptoClosings

“Lots of relevant support when needed for female founders. StartUpNV helped us make necessary introductions within the Nevada community as we prepared for and successfully raised capital, and was a good sounding board as we strategized on our raise and investor outreach”
Julie Arsenault

CEO | Founder, Panty Drop

More Members

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 Partner

Minimum Investment
$10/ 2 units
  • Limited Partner |  Accredited Investors Only | Self Accreditation
Investor Deck

Additional Units

up to 15 per LP
$5/ 1 unit
  • Limited Partner | Additional Units | $5k per additional unit
Learn More

Foundation LP

Foundational Investor
$100/ 20 units
  • Foundation Limited Partner | IC Committee Nomination | Limit of 3 Foundation LP’s
Investor Deck

Contact Us

450 Sinclair St, Reno, NV 89501
300 s. 4th St., #180, Las Vegas, NV 89101
+1.775.393.9701
info@startupnv.org

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