Hi, I'm Hustle Fund.
Ask me anything!
Where do you invest?

Mostly the United States, Canada, and Southeast Asia. We are starting to make some selective investments in Africa and Latin America as well.

What do you invest in?

We are software generalists and don't favor particular verticals.

The vast majority of our portfolio companies are in B2B, Web3, fintech, and consumer digital health.

As a small fund, we tend to shy from sectors that require a lot of capital raising to get going. As a result, there tends to be a lot of SaaS in our portfolio.

How big is your fund?

Fund I is $11.5M.

Fund II is $33.6M.

Fund III is $46M. (current fund)

What stage do you invest in? Do you invest in Series A rounds?

We invest in pre-seed rounds. Not seed. Not post-seed / mango seed. Pre-seed.

We may occasionally invest as a follow-on investment into a Series A round in existing portfolio companies. However, our initial investments are at the pre-seed stage.

Are you an accelerator?

We are not an accelerator program, in the traditional sense, but we like to work with our founders to add value where we can - especially by leveraging our network in the Silicon Valley and with the growth programs that we offer our portfolio companies.

Do you lead rounds? What is your check size?

Our first check is $150K.

We are very comfortable setting terms and being first check into your company! But, because of our small check size, we won't be putting in the bulk of money in your round.

If you have an existing lead, we will evaluate the terms of the round that are already there and decide if we want to invest alongside the lead.

How long do you take to decide?

Most of the time, founders can expect to receive a response from us between 24 and 48 hours after having a call with us.

Do you coach outside of your fund?

Nope, unfortunately we can't.

Are you a diversity fund?

We are always looking to accept applications from diverse and nontraditional founders (and encourage all submissions that fit our investing criteria above). However, Hustle Fund is not a diversity fund. We invest in companies based on a startup’s business model / unit economics and the hustle of the founders who lead these companies.

What don’t you invest in?

We do not invest in deep tech, most hardware, pharmaceutical or medical device companies, art/film projects, land, restaurants / physical retail or traditional brick and mortar small businesses.

We were once pitched an opportunity to invest into a tropical island, but unfortunately had to decline.

Who is the weirdest person on your team?

Definitely Elizabeth.

What's the deal with your newsletter?

We send out one email a week that covers tactics for startups.

Topics include things like... fundraising tips, customer acquisition tactics, strategies for scaling your business, and case studies from real companies in our portfolio.

Interested in checking it out? Click here to sign up.

Does our product have to be ready to apply?

Our sweet spot is for companies that have built at least a minimum viable product (MVP).

Are you actively investing?

Yep, always.

How many investments do you do in a year?

We pace up to 100 investments per year.

Do I have to be full time?


Who are some other investors you would recommend looking into?