HomeUSAAltaIR Capital, I2BF, Smart Partnership Capital, and Yellow Rocks Launch $50M Investment...

AltaIR Capital, I2BF, Smart Partnership Capital, and Yellow Rocks Launch $50M Investment Program for Early-Stage Startups

Preseed-to-success-co-founders
(Left to right:) Alexander Korchevsky (I2BF Global Ventures), Nikolay Kirpichnikov (Smart Partnership Capital), Igor Ryabenkiy (AltaIR Capital), Sergei Bogdanov (Yellow Rocks)

AltaIR Capital, I2BF, Yellow Rocks, and Smart Partnership Capital have launched Pre-seed to Succeed, a joint investment program dedicated to early-stage startups with global aspirations.

The program, which is decentralized, with no headquarters, is designed for startups in the early stages with MVP and first traction. It focuses on a range of industries, including AI, B2B, SaaS, FinTech, Future of Work, Productivity Tools, Digital Health, and HR Tech, with a primary target market in the USA.

They are particularly interested in startups with the following attributes:

  • A dedicated full-time team with a hacker and hustler onboard;
  • A registered company with an active bank account;
  • A working MVP and initial traction;
  • Teams with prior experience in building startups;
  • Startups created by laid-off founders.

The investment program offers initial funding (not quantified) from participating venture companies, ongoing support from seasoned experts and mentors, and 50% of the next round for proven startups.

By joining the program, startups will benefit in the following ways:

  • Investment and networking expertise from four VC firms boasting a combined portfolio of more than 500 startups, including unicorns such as Miro, Deel, OpenWeb, Turing, FuboTV, and ServiceTitan;
  • Six months of initial investment, guidance, and support throughout the fundraising journey;
  • Continued investment from the VCs in startups that prove their viability.

The best candidates will also get access to seasoned experts and mentors from various fields, as well as personalized guidance from a founding partner during the entire process. In addition, the program offers exclusive opportunities to join top-tier startup accelerators through the support of alumni from the founding partners’ portfolio companies.

Participating vc firms include:

  • AltaIR Capital, an international investment firm founded by Igor Ryabenkiy, which has invested in over 300 tech companies and is active in Future of Work, FinTech, InsureTech, and Digital Health. Portfolio includes such unicorns as Miro, Deel, PandaDoc, Albert, OpenWeb, Sunbit, and Socure – most of which the company invested in at the early stage. 
  • Yellow Rocks, based in San Francisco and Lisbon, which invests in Future of Work, EdTech, Gaming, Web 3.0, and FinTech with a focus on early-stage capitalization of fast-growing startups with a clear global expansion strategy. 
  • Smart Partnership Capital is an international investment firm with a focus on B2B SaaS, FinTech, Future of Work, AI, Digital Health, Productivity Tools, HR Tech and Customer Engagement Technology across US, Western Europe and UK from early seed to Series A. 
  • I2BF Global Ventures is a New York-based venture capital group focused on early-stage technology investments, with $400 million under management, I2BF’s portfolio includes more than 30 companies working in cleantech, biotechnology, materials science, IT, and space technology. 

VCWire

10/11/2023