Hustle Fund
Hustle Fund is a venture capital firm founded in 2017, based in San Francisco, California, that specializes in early-stage investments, particularly in startups at the pre-seed and seed levels. With a team of 799, the firm focuses on sectors such as B2B, fintech, and digital health, and offers educational programs like ANGEL SQUAD to empower new investors.
Company Overview
Hustle Fund is a venture capital firm founded in 2017, headquartered in San Francisco, California. The company operates in the Venture Capital and Private Equity Principals industry and has a team size of 799, categorizing it as a large business. Hustle Fund focuses on investing in startups at the earliest stages, often referred to as 'hilariously-early'. The firm specializes in venture capital, seed investing, and pre-seed investing.
Investment Focus
Hustle Fund primarily invests in pre-seed rounds and occasionally participates in Series A rounds. The firm has a check size of $150K for initial investments and aims to pace up to 100 investments per year. The investment strategy emphasizes B2B, fintech, digital health, and select Web3 companies. Hustle Fund does not invest in deep tech, most hardware, pharmaceutical or medical device companies, art/film projects, land, restaurants, or traditional brick-and-mortar small businesses.
Programs and Initiatives
Hustle Fund offers several programs to support both investors and founders. The ANGEL SQUAD program educates professionals on how to invest in startups, allowing members to invest as little as $1K into top-performing early-stage startups. This program has over 2000 members and has invested over $25M in more than 70 companies. Additionally, Hustle Fund runs the Hustle Fund Scale program, which invests in late-stage companies, and the Redwood School, designed to assist portfolio founders with fundraising.
Funds and Financials
Hustle Fund manages multiple funds, including Fund I at $11.5M, Fund II at $33.6M, and Fund III at $46M. The firm focuses its investments primarily in the United States, Canada, and Southeast Asia, with selective investments in Africa and Latin America. The firm utilizes AI to evaluate investment decisions and manage its extensive portfolio of companies.
Events and Community Engagement
Hustle Fund hosts a variety of events globally, including in cities such as San Francisco, Singapore, Hong Kong, Miami, New York, Chicago, and Toronto. Events like Camp Hustle Asia, Founder Friends, and Batter Up! foster community engagement and networking among entrepreneurs and investors. The firm also provides educational resources, including the Deck Doctors Pitch Deck Book and the Raise Millions Book, to support the startup ecosystem.