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Reno Seed Fund

North America, Nevada, United States, Reno

Description

Reno Seed Fund is a venture capital firm dedicated to fostering the growth of early-stage companies, primarily within the vibrant entrepreneurial ecosystem of the Reno-Tahoe region. While their core focus is geographically anchored to Nevada, they demonstrate flexibility by considering promising opportunities outside the state, provided there is a strong strategic or operational connection to the region. The fund's investment philosophy centers on identifying high-growth potential startups that can significantly contribute to and benefit from the local economic landscape.

The fund's investment strategy is characterized by its commitment to providing crucial early-stage capital. Reno Seed Fund typically deploys initial investments ranging from $50,000 to $250,000. This range positions them as a key player in the seed funding landscape, offering essential capital to nascent companies often overlooked by larger institutional investors. Beyond initial funding, the fund also engages in follow-on investments, indicating a long-term commitment to their portfolio companies' success and growth trajectories.

Beyond financial capital, Reno Seed Fund emphasizes adding value through active support and strategic guidance. They leverage their network to provide portfolio companies with access to mentorship, industry connections, and operational expertise, aiming to accelerate their development and market penetration. Since its inception, Reno Seed Fund has demonstrated a consistent commitment to the regional startup scene, having invested in over 15 companies. This active engagement underscores their role in cultivating a robust startup environment in Northern Nevada, contributing to job creation and economic diversification.

Investor Profile

Reno Seed Fund has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 20% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, SaaS, Health Care.
  • Typical check size: $50K – $250K.

Stage Focus

  • Seed (55%)
  • Pre Seed (30%)
  • Series Unknown (5%)
  • Series B (5%)
  • Series A (5%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Saas
  • Health Care
  • Messaging
  • Sms
  • Medical
  • Medical Device
  • Consumer Goods
  • Product Design
  • Information Technology
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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 Reno Seed Fund frequently co-invest with?

SI
North America, Nevada, United States, Reno
Co-Investments: 2
Band of Angels
North America, California, United States, Menlo Park
Co-Investments: 1
Acadian Capital Ventures
North America, Louisiana, United States, Lafayette
Co-Investments: 1
Astia Angels
North America, California, United States, San Francisco
Co-Investments: 1
AZ-VC
North America, Arizona, United States, Phoenix
Co-Investments: 1
Berkeley Angel Network
North America, California, United States, San Francisco
Co-Investments: 1
Arizona Tech Investors
North America, Arizona, United States, Mesa
Co-Investments: 2
Advantage Capital
North America, Louisiana, United States, New Orleans
Co-Investments: 2
AH
North America, Massachusetts, United States, Newton
Co-Investments: 1
Desert Angels
North America, Arizona, United States, Tucson
Co-Investments: 1

Which angels does Reno Seed Fund often collaborate with?

SG
North America, Texas, United States, Dallas
Shared Deals: 1
RM
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Reno Seed Fund?

MessageDesk

Reno, Nevada, United States

MessageDesk is a shared team inbox for business text messaging.

MessagingSaaSSMSSoftware
SeedMar 24, 2023
Amount Raised: $1,661,037
Talage

Reno, Nevada, United States

Talage provides saas solutions for insurance carriers and agencies to enable the digital distribution of insurance.

InsuranceInsurTechSaaSSmall and Medium Businesses
Series BMar 8, 2022
Amount Raised: $9,000,000
Hibear Design Co

Reno, Nevada, United States

Hibear Design Co is an outdoor and travel gear brand that develops the All-Day Adventure Flask.

Consumer GoodsProduct Design
Pre SeedJun 23, 2021
Amount Raised: $150,000
Semi Exact

Minden, Nevada, United States

Semi Exact designs and manufactures table legs, furniture bases, and steel shelf brackets.

FurnitureManufacturing
SeedJun 1, 2021
Mill It

Bakersfield, California, United States

Mill It is a producer of plant-based products used to offer alternative option for a vegan diet.

Food and BeverageNutritionOrganicOrganic Food
SeedMay 17, 2021
Amount Raised: $765,000
Bone Health Technologies

San Francisco, California, United States

Bone Health Technologies is developing a new standard of care for treating both osteoporosis and osteopenia, the precursor to osteoporosis.

Health CareMedicalMedical Device
Series UnknownMay 5, 2021
Amount Raised: $2,500,000
Taskable

Irvine, California, United States

Taskable is a smart to-do list and personal productivity assistant platform.

Productivity ToolsProject ManagementSoftwareTask Management
Pre SeedJan 1, 2021
Amount Raised: $250,000
FanUp

Philadelphia, Pennsylvania, United States

The fastest growing community where sports & pop culture fans win social experiences with their favorite athletes, celebrities and brands.

eSportsFantasy SportsGamingSports
SeedDec 24, 2020
Amount Raised: $1,500,000
Algorithmic Intuition

Reno, Nevada, United States

Algorithmic systems for remote patient monitoring

Health CareSoftware
Series ADec 1, 2020
Hibear Design Co

Reno, Nevada, United States

Hibear Design Co is an outdoor and travel gear brand that develops the All-Day Adventure Flask.

Consumer GoodsProduct Design
Pre SeedNov 1, 2020