
Melo7 Tech Partners
Description
Melo7 Tech Partners is a New York-based venture capital firm co-founded by NBA superstar Carmelo Anthony and veteran media executive Stuart Goldfarb. Established with a clear vision, the firm primarily focuses on early-stage investments within the digital media, consumer internet, and technology sectors. Their strategy leverages the unique blend of Anthony's influence in sports and culture, combined with Goldfarb's extensive experience in business development, media, and finance, to identify and nurture promising startups.
The firm targets companies typically in their Seed to Series A funding stages, seeking ventures that demonstrate strong potential for disruption and significant consumer engagement. Melo7 Tech Partners aims to be more than just a capital provider, offering strategic guidance, industry connections, and mentorship to its portfolio companies. This hands-on approach is designed to accelerate growth and help founders navigate the complexities of scaling their businesses in competitive markets.
Their portfolio includes notable investments in companies that have made significant strides in their respective fields. For example, Melo7 Tech Partners participated in a $3.5 million seed round for avatar technology company Genies, and they were also an early investor in Dapper Labs, the blockchain company behind NBA Top Shot, which raised a $12 million seed round. These investments highlight their commitment to innovative technologies and platforms that resonate with modern consumers. While specific check sizes can vary based on the opportunity, Melo7 Tech Partners typically deploys first checks ranging from approximately $500,000 to $5,000,000, reflecting their focus on providing meaningful early-stage capital.
Investor Profile
Melo7 Tech Partners has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 18 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Nigeria.
- Strong thematic focus on Software, E-Commerce, Mobile.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (36%)
- Series B (17%)
- Series A (17%)
- Series D (8%)
- Pre Seed (6%)
- Series Unknown (6%)
- Angel (6%)
- Series C (3%)
- Debt Financing (3%)
Country Focus
- United States (94%)
- United Kingdom (3%)
- Nigeria (3%)
Industry Focus
- Software
- E-commerce
- Mobile
- Retail
- Digital Media
- Internet
- Shoes
- Food And Beverage
- Sports
- Education
Frequently Asked Questions
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