README FILE
v1.02
We are patient, risk-on capital for building what's next.
Every once in a while, new companies are built that change everything. We exist to fund these companies at the earliest stages, when the idea is far from consensus, and partner with them for decades. Our approach is flexible, long-term, multi-stage, and global.
We provide risk-on capital for building what's next. Our approach is flexible, long-term, multi-stage, and global. All thanks to a deep base of permanent capital.
1
Early stage venture
We back founders building what's next with as little as $50K and as much as $1M. Historically, 97% of our investments are Seed through Series A. We're generalist investors with a deep interest in financial infrastructure, full-stack hardware x software solutions, and frontier technologies.
2
General partnership stakes
We help GPs in search of liquidity and long-term partners. As GP ourselves, we have deep expertise in fund strategy, portfolio construction, and capital formation. We own minority stakes in Polychain and Designer Fund (Fund I and II). We're open to select investments in the world's best GPs and funds.
3
Secondary sale purchases
Over time, we've broadened our venture to invest in secondary sales of both private late-stage companies as well as venture and private equity funds. We've acquired entire fund positions from LPs and entire holdings from early-stage investors, advisors, and employees in search of liquidity. We complete diligence, make firm offers, and close quickly.
4
Family of funds
In 2019, we founded Ligature: The Design VC to scale our impact. Ligature is focused solely on early-stage venture capital — primarily Pre-Seed through Series A — and combines a focus on fintech and frontier technologies with hands-on design support for portfolio companies. Over the last 5 years we've raised more than $10M and earned top-decile returns every single year.
We exist believe a small handful of companies define each generation. Our sole mission is to partner with these intensely focused teams for decades.
COMPANIES
