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TIG Venture Community
Apply To Subscribe
Subscription Amount
$10,000+ Quarterly
Subscription Period
4-8 Quarters
Management Fee
0% per year over 10 years
Carry
20-30%
Admin Fee
0.15% per year over 10 years
Starting Q1 2025, this fund will transition onto updated Rolling Fund admin fee pricing terms. See the Investment Details section for more.
Invest Account
Select invest account
Note from Elliot Begoun
We believe in Tardigrades, nimble, capital-efficient, and resilient brands. Brands that say “no” to growth for growth’s sake. Brands that avoid the fundraising hamster wheel and keep burn and fixed costs low. Brands that are focused on unit and channel economics.
Venture Community
This is a different approach to venture capital. Our venture community consists of the amazing entrepreneurs who are part of TIG Brands, our dedicated LPs, industry champions, and venture partners. Together we empower those on the front lines of human health, climate action, justice, equity, diversity, and inclusion.
TIG Brands
TIG Brands offers its entrepreneurs a better way to build a brand and a business. One that does not require traveling the well-worn path in pursuit of the mythical unicorn. TIG Brands provides advisory and strategic support, a community of collaborators and champions, and access to the needed capital, programs and people. We build Tardigrades, not Unicorns. Our brands* include:
- The Good Crisp Company
- Otto’s Naturals
- Mother In-Law’s Kimchi
- Tia Lupita Foods
- Spinster Sisters
- UNITE Foods
- Planet Rice
- Stratia
- Olive Natural Skincare
- Kokomio
The Natural Products conundrum
- Emerging brands have captured $18 to $20 billion in market share from the top 25 CPG companies in the last 10 years
- Yet, an estimated 80% to 90% of those brands fail within the first two years
Growing funding gap + angel fatigue = white space for a nimble rolling fund attached to the TIG Brands Community.
- Insight –TIG Brands has deep insight into the companies in its community and knows the capability and limitations of their founders
- Earmarked – targeted investments with specific and directed use of proceeds. Average checks will be between $50k and $250k
- Support – must be an active part of the TIG Brands Community and the TIG Collective for a minimum of six months prior and one-year post-investment
- No solicitation – no pitching, We provide the capital when and where it is needed
- Diversity - prioritizing women, BIPOC, and LGBTQ founders
Thesis
- Natural Product food, beverage, personal care, and supplements brands
- Pre-seed to Series A
- Part of the TIG Brands community
- Equity, subordinated debt, secondary purchases, and co-investment
- Check size $50k to $250k
- Priority given to women, BIPOC, LGBTQ led brands
Why Invest?
- TIG Brands has deep insight into the companies in its community and knows the capability and limitations of their founders
- We provide the capital when and where it is needed and only to the companies that are part of the TIG Brands community
- Funds are deployed, directed, and supported
- The LP benefits of a rolling fund
- Capital combined with support, community, and access
- Future exits start with early money
*The companies featured in this list were selected due to their notoriety in the startup and venture capital community. This list is provided for illustrative purposes only and is not an exhaustive list of all investments made or involving the Fund Lead. A full list of the Fund Lead’s investment history is accessible using the above link
Elliot
Investment Details
Subscription Start Date
April 1, 2024
Minimum Quarterly Subscription
$10,000
Minimum Subscription Period
4 Quarters
Management Fee
0%
Carry
Twenty percent (20%), with an increase to thirty percent (30%) after the fund realizes a 3.0x return
Admin Fee
0.15% per year over 10 years
Starting Q1 2025, this Rolling Fund will transition onto updated Rolling Fund pricing terms. Under these new pricing terms, each new quarterly fund in the Rolling Fund Program will pay an annualized rate of $2.5k + 0.2% of contributed capital over 10 years.
Fees for each quarterly fund in the Rolling Fund Program will vary based on each quarterly fund’s capital contributions since the fee includes a flat fee component. The platform’s average quarterly fund size is $880k. Learn more about how to estimate your commitment’s fees at our help center.
Fees for each quarterly fund in the Rolling Fund Program will vary based on each quarterly fund’s capital contributions since the fee includes a flat fee component. The platform’s average quarterly fund size is $880k. Learn more about how to estimate your commitment’s fees at our help center.
Fund Lead Commitment
Elliot Begoun's personal subscription per quarter will be at least 2% of each quarterly fund's total committed capital with a quarterly cap of $20,000.
Special Disclosure
The Fund Lead controls or is affiliated with an additional investment vehicles: The Intertwine Group, LLC and TIG Collective, LLC (the “Existing Fund”) which may invest alongside the Fund. The Existing Fund may receive advisory shares for services rendered to portfolio companies, which may present a conflict of interest to the Fund.
Investor FAQ
How is this program different from venture fund investing?
How do subscriptions work?
How do management and admin fees work?
How does carried interest work?
How do distributions work?
Will a Limited Partner (LP) participate in all investments made by the funds offered through this Program?
Will an LP's percentage ownership of quarterly funds always be the same?
Are LPs guaranteed access to TIG Venture Community's future funds?
How are subscriptions funded?
How does changing or canceling a subscription work?
Who manages these funds?
Do funds in this Program have minimum or maximum investment sizes?
What happens if funds in this Program do not invest their total capital each quarter?
When will LPs learn about companies the funds invested in?
Can LPs opt out of specific deals?
Can LPs sell their investment in the fund?
Can LPs redeem their interests in the fund?
When will funds launched under this Program begin deploying capital?
How do I receive tax documents from this Program?
Unanswered questions? Contact AngelList
The performance of past deals or a lead investors' track record is not a guarantee of future returns. Venture capital fund investments are inherently risky and illiquid. Such investments involve a high degree of risk and are suitable only for sophisticated and accredited investors.
AngelList and its affiliates do not provide investment advice to investors. The information on this page should not be relied upon as research, investment advice or a recommendation of any kind. Information on this page is qualified in its entirety by the fund's Limited Partnership Agreement, Private Placement Memorandum and Subscription Agreement, which should be reviewed carefully prior to making an investment decision. Please see these documents for full details regarding risks, minimum investment, fees and expenses. The Fund Lead and the fund's investment advisor have the right to waive or charge additional carry to certain investors. The fund's legal name may be different from the name used above.
This fund may accept new investors after the fund undergoes a valuation update. Certain potential investors in the fund may then have access to materially different information concerning fund value at the time of their investment.
Current or future portfolio companies in this fund may use AngelList's recruiting platform and may pay an affiliate of the fund's investment adviser for premium recruiting tools and services. This may create a potential conflict of interest for the investment adviser, which you will consent to by subscribing to the fund.
Please read the disclosures in full here.
Apply To Subscribe
Subscription Amount
$10,000+ Quarterly
Subscription Period
4-8 Quarters
Management Fee
0% per year over 10 years
Carry
20-30%
Admin Fee
0.15% per year over 10 years
Starting Q1 2025, this fund will transition onto updated Rolling Fund admin fee pricing terms. See the Investment Details section for more.
Invest Account
Select invest account