
Summit Action
Description
Summit Action Fund is an investment firm established in 2019, uniquely positioned through its deep affiliation with the renowned Summit Series community. This strategic connection provides the fund with a distinct advantage, enabling it to tap into a vast global network of entrepreneurs, innovators, and industry leaders. The fund leverages this extensive ecosystem for deal sourcing, rigorous due diligence, and, critically, for providing substantial value creation opportunities to its portfolio companies post-investment. Their approach extends beyond mere capital provision, focusing on fostering growth through strategic connections and collaborative support.
The fund primarily targets early-stage companies across a diverse range of sectors, seeking out disruptive technologies and innovative business models. Summit Action Fund's investment strategy is characterized by an active engagement model, where they work closely with founders to navigate challenges and accelerate growth. They aim to identify promising ventures that can benefit significantly from access to the Summit community's collective expertise, resources, and influential network, which encompasses thousands of high-caliber individuals.
As of early 2024, Crunchbase data indicates that Summit Action Fund has made over 20 investments, consistently participating in seed and early-stage funding rounds. While the firm does not publicly disclose its specific check sizes, their participation in various reported seed rounds suggests typical initial investments range from several hundred thousand dollars up to a couple of million. This aligns with their stated focus on providing crucial early capital to promising startups, leveraging their unique community-driven model to offer more than just financial backing but also unparalleled access to a powerful and supportive network.
Investor Profile
Summit Action has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 9% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series C rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom.
- Strong thematic focus on E-Commerce, Health Care, Hospital.
- Typical check size: $250K – $2M.
Stage Focus
- Series A (23%)
- Seed (23%)
- Series C (18%)
- Series B (18%)
- Debt Financing (9%)
- Series Unknown (5%)
- Angel (5%)
Country Focus
- United States (86%)
- United Kingdom (14%)
Industry Focus
- E-commerce
- Health Care
- Hospital
- Medical
- Internet
- Analytics
- Email Marketing
- Marketing Automation
- Saas
- Apps
Frequently Asked Questions
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