Introducing iSeed: India’s first micro-fund backed by top global founders

Utsav Somani
2 min readMay 20, 2020

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Today, I’m announcing iSeed, my new micro-fund. iSeed plans to invest in 30 early-stage Indian companies at an average check of $150K, with a particular focus on technology companies.

iSeed is powered by the AngelList back-office, which makes it easy for full-time founders to run venture funds on the side. My dayjob remains CEO of AngelList India while I run iSeed on nights and weekends.

Anchored by Naval Ravikant

AngelList founder Naval Ravikant is one of the largest investors in iSeed. He’s joined by the founders of Xiaomi, Thumbtack, Hike, Flutter, Bolt, TaskUs, CoinList and WikiHow, in addition to the Founders and Managing Partners of VC firms like DST Global and Matrix Partners India. Together, iSeed’s backers have started or invested in 24 unicorns worth over $200B combined.

Smart money to help with scaling

The investors in iSeed were carefully selected based on their knowledge and willingness to help portfolio companies scale. They can act as a bridge for Indian founders, who are increasingly targeting international customers and investors.

Open for business

Crisis doesn’t limit innovation. If anything, the opposite is true.

iSeed is actively investing. Get in touch: u@iseed.vc.

Disclaimer: This document and the information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment or other advice of any kind, and shall not constitute or imply any offer to purchase, sell or hold any security or to enter into or engage in any type of transaction. Any such offers will only be made pursuant to formal offering materials containing full details regarding risks, minimum investment, fees, and expenses of such transaction. The terms of any particular fund, including size, costs and other characteristics, are set forth in the applicable constituent documents for such fund and may differ materially from those presented in this presentation.

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