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Geekdom Fund

North America, Texas, United States, San Antonio

Description

Geekdom Fund is a San Antonio, Texas-based venture capital firm dedicated to investing in early-stage technology startups. Established in 2013, the fund emerged from the vibrant entrepreneurial ecosystem of Geekdom, a collaborative co-working space in downtown San Antonio. Its primary mission is to identify and support promising tech companies with innovative solutions, strong leadership teams, and significant market potential, aiming to foster growth within the local tech community while also exploring broader opportunities.

The firm's investment strategy centers on providing crucial seed and early-stage capital to companies poised for rapid scaling. Geekdom Fund typically deploys initial checks ranging from $250,000 to $1,000,000, making it a significant early partner for many startups. Beyond this initial investment, the fund reserves substantial follow-on capital, demonstrating a commitment to supporting its portfolio companies through subsequent funding rounds as they achieve key milestones and expand their operations. This approach ensures long-term partnership and strategic alignment with the founders.

Over its operational history, Geekdom Fund has successfully raised multiple funds to support its investment thesis. Its first fund, launched in 2013, secured $10 million, followed by a $15 million second fund in 2018. Most recently, the firm has been raising its third fund, targeting $25 million, bringing its total capital under management to over $50 million. While primarily focused on companies with a connection to the San Antonio and broader Texas tech landscape, reflecting its roots and commitment to regional development, Geekdom Fund also considers compelling investment opportunities from other geographies.

Geekdom Fund distinguishes itself not just through capital, but also through its deep integration with the Geekdom community. Portfolio companies benefit from access to a robust network of mentors, advisors, and fellow entrepreneurs, as well as resources within the co-working space. The fund's partners, including Michael Girdley and Don Douglas, bring extensive experience in technology, entrepreneurship, and venture capital, providing strategic guidance and operational support to help founders navigate the challenges of scaling a startup. This hands-on approach aims to accelerate growth and enhance the likelihood of success for its portfolio.

Investor Profile

Geekdom Fund has backed more than 97 startups, with 1 new investments in the last 12 months alone. The firm has led 20 rounds, about 21% of its total and boasts 16 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Convertible Note, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (46%)
  • Convertible Note (30%)
  • Series A (11%)
  • Pre Seed (5%)
  • Series Unknown (3%)
  • Series B (3%)
  • Series C (1%)

Country Focus

  • United States (99%)
  • Canada (1%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Artificial Intelligence (Ai)
  • Analytics
  • Internet
  • Enterprise Software
  • Business Intelligence
  • B2b
  • Health Care
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Geekdom Fund frequently co-invest with?

Next Coast Ventures
North America, Texas, United States, Austin
Co-Investments: 3
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 14
Right Side Capital Management
North America, California, United States, San Francisco
Co-Investments: 4
MassVentures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Silverton Partners
North America, Texas, United States, Austin
Co-Investments: 3
Elementum Ventures
North America, California, United States, Menlo Park
Co-Investments: 4
Moonshots Capital
North America, Texas, United States, Austin
Co-Investments: 3
Notable Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Alliance of Angels
North America, Washington, United States, Seattle
Co-Investments: 3
Wisemont Capital
North America, Washington, United States, Seattle
Co-Investments: 3

Which angels does Geekdom Fund often collaborate with?

RG
North America, Washington, United States, Seattle
Shared Deals: 2
GE
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
BM
North America, Texas, United States, Austin
Shared Deals: 3
MG
North America, Washington, United States, Seattle
Shared Deals: 1
Shared Deals: 1
LM
North America, Texas, United States, San Antonio
Shared Deals: 2
PM
North America, Texas, United States, San Antonio
Shared Deals: 3
PC
North America, Texas, United States, San Antonio
Shared Deals: 3
JD
North America, Massachusetts, United States, Boston
Shared Deals: 1
CW
North America, Texas, United States, San Antonio
Shared Deals: 2

What are some of recent deals done by Geekdom Fund?

IVM Markets

Dover, Delaware, United States

IVM MARKETS INC (USA) IS AN AI DRIVEN STRUCTURED PRODUCTS SOFTWARE TO HELP WITH IDEA GENERATION AND PRODUCT OPTIMIZATION

B2BFinancial ServicesFinTechSaaS
SeedAug 15, 2024
Amount Raised: $3,400,000
Zingly.ai

San Ramon, California, United States

Zingly integrates GenAI, humans, and data for seamless, personalized customer interactions, building lasting relationships and improved CX

Customer ServiceGenerative AISoftware
SeedJun 5, 2024
Amount Raised: $10,000,000
Asymbl

Austin, Texas, United States

SaaS, Staffing Software, Recruiting Software, Salesforce

Software
SeedMay 4, 2023
Amount Raised: $1,100,000
LOLIWARE

San Jose, California, United States

LOLIWARE is an award-winning materials tech company dedicated to replacing single-use plastics with seaweed.

Advanced MaterialsBiotechnologyGreenTechSustainability
SeedFeb 14, 2023
Amount Raised: $6,000,000
Axicle

Los Angeles, California, United States

Axicle transforms the long-haul trucking industry with an innovative product line that promotes safety and energy efficiency.

AutomotiveManufacturingTransportation
SeedNov 14, 2022
Amount Raised: $1,297,548
SubjectWell

Austin, Texas, United States

SubjectWell is the risk-free clinical trials marketplace for patient recruitment

Clinical TrialsHealth CareMarketplaceMedicalPharmaceutical
Series BOct 20, 2022
Amount Raised: $35,000,000
Place

Austin, Texas, United States

Fast-growing B2B SaaS companies use Place to bridge the gaps between their go-to-market and finance teams.

Business IntelligenceFinanceSaaSSoftware
SeedFeb 22, 2022
Amount Raised: $3,250,000
Uconnect

Austin, Texas, United States

A sponsorship marketplace that allows brands to activate across hundreds of gaming communities and events easily.

AdvertisingeSportsGamingMarketplace
Pre SeedDec 28, 2021
Amount Raised: $500,000
Aquifer Motion

Austin, Texas, United States

Aquifer Motion is a SaaS platform that enables creators and teams create studio-level animated video without studios.

3D TechnologyMedia and EntertainmentSaaS
SeedDec 9, 2021
Amount Raised: $3,999,991
Kronologic

Austin, Texas, United States

Kronologic develops a calendar monetization platform that converts sales leads into meetings.

B2BEnterprise SoftwareMarketing AutomationSales AutomationScheduling
SeedAug 12, 2021
Amount Raised: $10,000,000