Get Funded in Less Than 10 Days: 3 VCs Firms that Invest Fast
For Founders Who Don’t Have Time to Wait: These 3 VCs Will Respond Within 10 Days or Less.
I’ve once had a VC take up to 7 months since our initial meeting to make a decision. For many founders who are trying to raise venture funding, this is an unfortunate reality, as some venture funds are swamped with work and are unable to make fast decisions.
Over the years, I’ve come across a few VCs that have specifically taken the effort to ensure that they’re getting back to founders as fast as possible. After seeing a couple more pop up on my feed and hearing from founder friends about how useful it would be to know which funders would respond quicker, I decided to make this list of 3 VCs that are able to make investment decisions in a quick and timely way.
1. GoAhead Ventures
GoAhead Ventures has built its entire investment process around accessibility and speed. Instead of sending cold emails that disappear into VC inboxes, founders start by recording a one-way video pitch that their managing partners personally review.
If they’re interested, you’ll get a reply within three days with an invite to a full partner Zoom pitch. Then, by 5 p.m. PT the next day, they’ll let you know whether they believe you’ll be a fit for their firm. With a promised turnaround time of within a week, GoAhead Ventures is probably one of the fastest VCs I’ve seen that reaches their final decision as quick as possible.
2. 2048 Ventures’s Pre-Seed Fast Track
2048 Ventures’ Pre-Seed Fast Track is exactly what it sounds like: a way for founders to go from intro to investment in under 10 business days.
The process starts with a short pitch form that leads to a 30-minutre Zoom call with their team if interested, and is followed by a one-hour deep dive with the broader team. From there, they speak to your early customers and references, and may even potentially fly out to meet you in person.
If everything aligns, they’re committed to issuing term sheet within 10 business days of your first meeting. They are typically looking for startups that are raising between $500K - $1.5M Pre-Seed in the fields of Vertical AI, Deep Tech, Health or Biotech.
3. Hustle Fund
Hustle Fund (other than having a great name!) definitely is a fund that embodies and understands the “hustle” of early-stage founders. According to their FAQ, founders can expect a response within 24 to 48 hours after their first call, and the team can make an investment decision “within one to two meetings”.
The Hustle Fund team has built a reputation for being transparent, founder-first, and unapologetically efficient. Their thesis is simple: invest early, move quickly, and back founders who execute with intensity. Their team is also comprised of former founders who understand the challenges that come with running early-stage ventures.
Want more Funding Opportunities, Fellowships, & Startup Resources?
Don’t forget to subscribe here for more funding resources, competitions, investment opportunities, tools, and insights for your start-up. I publish weekly articles on funding opportunities, startup resources, and insights I’ve gained as a founder and VC scout.
Need help with GTM, getting ready to pitch your start-up or raising an investment round?
I also provide consultancy services to aid start-ups in getting pitch/investment ready based on my experiences as a founder and VC scout.
Book a free GTM / fundraising consultation session with me to get feedback on your venture here (limited to 5 start-ups in November).