SWAN Venture Fund

SWAN Venture Fund is a distinctive early-stage venture fund based in Kirkland, Washington, deeply integrated with the Seattle Angel Conference (SAC). Operating as the investment vehicle for the winning company of each SAC cycle, the fund plays a crucial role in fostering the startup ecosystem in the Pacific Northwest. Its unique model involves forming a new fund for each conference, composed of participating angel investors who also gain valuable experience in due diligence and investment processes. This structure not only provides capital to promising pre-seed and seed-stage companies but also educates and empowers a new generation of angel investors.

The fund's primary focus is on pre-seed and seed-stage companies, typically those emerging as winners from the highly competitive Seattle Angel Conference. While the SAC is generally sector-agnostic, seeking high-growth potential across various industries, SWAN Venture Fund's investments reflect this broad mandate. The fund targets innovative startups that have demonstrated strong potential during the rigorous evaluation process of the conference, which includes multiple rounds of pitches and due diligence conducted by the participating angel investors. This rigorous selection process ensures that the capital is directed towards ventures with significant promise.

SWAN Venture Fund's investment strategy is characterized by its specific check size, which is directly tied to the fund raised for each Seattle Angel Conference. Typically, the fund size, and consequently the investment into the single winning company, ranges between $100,000 and $200,000. As of late 2023, Crunchbase indicates that SWAN Venture Fund has made approximately 15 investments, demonstrating its consistent activity in the early-stage landscape. The fund has also seen at least one exit, highlighting its capacity to support companies through to successful liquidity events. This unique, recurring fund model positions SWAN Venture Fund as a vital, hands-on investor for nascent companies in the region.