Invest with Fifth Seat Fund
12
Expected Deals/Year
0
Unique LPs have invested
Note from Fifth Seat Fund
Goal & Mission of Fifth Seat Fund
- Find early stage tech companies ($0-1MM ARR) which enable more efficient and effective digital experiences. Segments we’ll dive into:
- Restaurant Tech — re-tool existing restaurants and enable new models to emerge
- MarTech — explore new and re-imagine existing communication channels
- PropTech — attack inefficiencies throughout the entire real estate ecosystem
- FinTech — challenge how/where these services are consumed and utilized
- Seek investments where we can accelerate roadmap, fundraising and go-to market
- Align with founders to better navigate formative years and land first institutional rounds
My Background & Experience
- Sold Waterfall, mobile messaging technology platform, to Upland Software in June 2017
- Began deploying capital in August 2017
- Created self-run family office, TMW Capital to invest in tech and real estate:
- Early Stage Technology
- Twenty-two (22) active portfolio companies (OneDine, Osano, Likely.AI, etc…)
- One (1) seed stage fund — NextGen Partners Fund IV
- Real Estate Investing
- Fund I — ~$2.4MM across 8 Austin SFH properties
- Fund II — ~$5.1MM across 20 Austin SFH properties
- Commercial deals — ~$2MM in one (1) active deal and eight (8) passive deals with three (3) preferred deal partners
WHY INVEST WITH ME?
- I have great deal flow, particularly in Austin and Central Texas
- I love working with founders to help them hit the next milestone (happy to share references)
- I only get involved with deals where I can personally punch above my weight class
- You want to offload top of funnel activities and focus only on qualified deals
- You enjoy vetting deals and working with portfolio companies as I plan to share carry with folks who put in the time above and beyond $$
Dealflow
I plan to syndicate every tech I work on as long there $200K+ interest in a given deal from the syndicate (including my contribution). Costs don't make sense to SPV the deal below that threshold, but would encourage folks to invest directly if we don't SPV the deal.
