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iSeed

Asia, Karnataka, India, Bangalore

Description

iSeed is a prominent micro-VC fund based in Bangalore, India, established in 2020 by Utsav Somani. It distinguishes itself by being backed by an impressive roster of top global founders and investors, including the founders of successful Indian unicorns like Cred, Dream11, Meesho, Udaan, and Snapdeal, alongside international figures such as Balaji Srinivasan and Naval Ravikant. This unique backing provides iSeed with a powerful network and strategic insights, positioning it as more than just a capital provider but also a significant value-add partner for early-stage startups.

The fund primarily focuses on pre-seed and seed-stage investments within the Indian startup ecosystem. iSeed aims to bridge the critical funding gap that often exists between angel investments and larger Series A rounds, providing crucial early capital to promising ventures. Typically, iSeed writes initial checks ranging from $100,000 to $250,000. This targeted approach allows them to support a diverse portfolio of nascent companies, helping them achieve initial traction and prepare for subsequent funding stages.

For its inaugural fund, iSeed successfully raised $15 million, demonstrating strong confidence from its limited partners. With this capital, the fund initially targeted investments in 20 to 25 startups, strategically deploying capital to foster innovation across various sectors. Their model emphasizes active mentorship and leveraging their extensive network to provide operational guidance, market access, and strategic connections to their portfolio companies. This hands-on approach, combined with their focused investment strategy, solidifies iSeed's role as a key enabler for India's burgeoning startup landscape.

Investor Profile

iSeed has backed more than 56 startups, with 4 new investments in the last 12 months alone. The firm has led 5 rounds, about 9% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in India, United States, Vietnam.
  • Strong thematic focus on Software, Health Care, Financial Services.
  • Led 2 rounds in the past year.
  • Typical check size: $100K – $250K.

Stage Focus

  • Seed (64%)
  • Series A (18%)
  • Pre Seed (14%)
  • Series B (2%)
  • Series C (2%)

Country Focus

  • India (46%)
  • United States (29%)
  • Vietnam (7%)
  • Singapore (5%)
  • Thailand (4%)
  • Indonesia (4%)
  • United Kingdom (2%)
  • Trinidad and Tobago (2%)

Industry Focus

  • Software
  • Health Care
  • Financial Services
  • Saas
  • Apps
  • Wellness
  • Fintech
  • Mobile Apps
  • Blockchain
  • Fitness
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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 iSeed frequently co-invest with?

Titan Capital
Asia, Haryana, India, Gurgaon
Co-Investments: 5
Nexus Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 6
Paradigm Shift Capital
North America, California, United States, San Francisco
Co-Investments: 3
Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 3
Hustle Fund
North America, California, United States, San Carlos
Co-Investments: 4
Better Capital
North America, California, United States, Santa Clara
Co-Investments: 7
Sprint Vc
North America, New York, United States, New York
Co-Investments: 3
Surge
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 3
Village Global
North America, California, United States, Covina
Co-Investments: 4

Which angels does iSeed often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 3
GR
North America, California, United States, San Francisco
Shared Deals: 4
Rohit Bansal
Asia, Haryana, India, Gurgaon
Shared Deals: 3
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 12
Gaurav Munjal
Asia, India
Shared Deals: 3
Kunal Bahl
Asia, Delhi, India, New Delhi
Shared Deals: 3
Sujeet Kumar
Asia, Delhi, India, New Delhi
Shared Deals: 4
Utsav Somani
Asia, Delhi, India
Shared Deals: 9
AN
North America, New York, United States, New York
Shared Deals: 3
Suhail Sameer
Asia, Delhi, India
Shared Deals: 3

What are some of recent deals done by iSeed?

Arva is a women's health and fertility center focused on egg freezing.

Health CareWellnessWomen's
Pre SeedMar 3, 2025
Amount Raised: $1,000,000
SaveSage Club

Gurgaon, Haryana, India

SaveSage Club is a credit card and loyalty management platform.

Financial Services
SeedDec 9, 2024
Amount Raised: $294,645
Zivy Inc

Lewes, Delaware, United States

Zivy is a priority inbox for all your messages at work. It surfaces all important messages first and keeps irrelevant chatter at the back.

Software
Pre SeedSep 11, 2024
Amount Raised: $1,200,000
HealthCred

Shahdara, Delhi, India

HealthCred is a B2B financing startup that provides financial solutions for the healthcare sector.

B2BFinancial ServicesFinTechHealth Care
SeedAug 12, 2024
Amount Raised: $1,200,000
Mave Health

Bangalore, Karnataka, India

Mave Health seek to address the issue with our distinctive Arc guided initiatives.

FitnessHealth CareMental HealthNutritionPsychologyTherapeutics
Pre SeedApr 3, 2024
Amount Raised: $719,653
Zivy Inc

Lewes, Delaware, United States

Zivy is a priority inbox for all your messages at work. It surfaces all important messages first and keeps irrelevant chatter at the back.

Software
Pre SeedJun 30, 2023
Amount Raised: $1,200,000
BosonQ Psi

New York, New York, United States

Simulation software startup ​leveraging Quantum computing to accelerate advanced simulations for highly-engineered products.

AerospaceAutomotiveQuantum ComputingSoftware
SeedApr 30, 2023
Amount Raised: $457,000
Finsire

Chennai, Tamil Nadu, India

A secure Digital Public Infrastructure (DPI) for all assets

FinanceFinancial ServicesMachine LearningSoftware
SeedMar 15, 2023
Amount Raised: $1,300,000
Chronicle

San Francisco, California, United States

Chronicle is a modern format of presentation.

ContentData VisualizationMarketingMobile AppsPresentations
SeedFeb 21, 2023
Amount Raised: $7,493,195
HD

Bangkok, Krung Thep, Thailand

HD offers healthcare financing solutions to increase access to affordable care and surgeries.

Financial ServicesHealth CareHospital
SeedJan 2, 2023
Amount Raised: $6,000,000