We look to invest in groundbreaking
pre-series A funded cybersecurity companies working on a product or service in the enterprise cybersecurity space.

We typically look for a few core things:

Team

  • As a founder, it's hard to grow a company alone.

  • We love seeing founding groups that have experience working with each other and exhibit strong team dynamics.

  • Similar to Apple’s founding, we prefer to see both a “hacker and a hustler”.

Market

  • We look to help entrepreneurs build companies, not just projects or one-off products.

  • A feature is not a business, and we look for security markets with compelling GTM potential.

  • We also love to see B2B businesses with strong opportunities for product led growth.

Traction

  • We don't need to see meaningful revenue.

  • We would however love to see at least a strong MVP with some design partners.

  • Extra credit for paying customers.

Contacting Us:

  • If you’d like to get in touch, feel free to pitch us.

Pitching:

  • Yes, cybersecurity companies that are B2B.

  • Yes.

  • We know first hand how frustrating fundraising can be, so we try to be extremely direct and move quickly on making an investment decision. Here's how the journey usually unfolds:

    • Initial Outreach: We ask for a deck and some basic information up front to understand if your company is a fit for our investment thesis. We may pass quickly, for example, if your company isn't in cybersecurity or if you’re raising for a series-A or later round.

    • Intro Meeting: This often occurs via a Zoom conference with one or both of the partners. It’s a chance for us to tell you more about Runtime and learn about what you're working on.

    • Second Meeting: This meeting gives us a chance to get to know your team better and dig into any follow-up questions we have.

    • Decision: Our decisions typically come fairly quickly after the first or second meeting.

Investing:

  • Yes! We’re comfortable negotiating a term sheet and leading a round, as well as co-investing with a lead investor.

  • Pre-Seed Investments: $250k to $1m, Seed Investments $750k to $2m

  • Nope.

  • If we are leading the round, we expect to have a board seat. If we're not leading but investing a check > $1m we may ask for a board observer seat when it is appropriate to have investor representation.

Post Investing:

  • Each company's needs in the beginning are different, which means our approach is highly tailored.

    We actively support our founders by sharing our networks and providing assistance in areas such as finding early adopters, product development, recruitment, and fundraising.

    We also act as strategic advisors, guiding founders in prioritizing their company's objectives and preparing for board meetings and effective leadership.