Why You Should Apply To The Just Fearless Angel Fund
This is NOT a Shark Tank type fund! We are NOT here to do "Mr. Wonderful" type deals. We are actually here to help women grow their business. While we don't have set terms, it will be easily negotiated with each selected company for mutual benefit. We are not Sharks, we are simply Wonder Women. Aside from our initial investment, we want to see you succeed. Our company was built into an international company that has helped many companies scale into new markets. So with that experience, we can serve in an advisory capacity depending on your needs. Apply Now! Let's Do This Together!
Our Criteria
We are particularly, but not exclusively, interested in making investments in companies within:
- Fintech,
- Insurtech,
- Cannabis,
- Cryptocurrency,
- Beauty Products,
- Products for Women and Children,
- Alcohol/Liquor/Spirits,
- AI industries,
- and open to others with the following exceptions below.
The following categories do NOT meet our investment criteria:
- coaching ventures (business coach and financial coach are on a case by case basis),
- franchises,
- not-for-profit organizations,
- podcasts,
- productions (art, film, music, theater, tv, etc)
In addition, we do NOT fund companies where our investments are subject to a broker/dealer fee.
There is an application fee of $20 payable with application submission (exception are HERstory Connection Gold Tier Members). However, there are NO other fees beyond this one time fee. Whereas many angel funds charge "presentation fees" and other fees in the hundreds and in the thousands , we charge nothing for the pitch presentations.
Just Fearless Angel Fund looks for the following:
- A capable and diverse management team with Female Founder(s) & Female C-Level Executives
- A scalable For Profit business model as a valid & existing company
- An addressable market of at least $200 million
- Limited capital expenditure requirements
- Opportunities that can be accelerated with support from our investors
Typically, but not exclusively, companies in which we invest also meet these criteria:
- Product is at the minimum in beta stage of development or already on the market
- Company has some proof of concept revenue or already producing revenue
- A reasonable exit strategy within 3-5 years
- Typical valuation at first funding below $20 million
- Typically seeking first-round of funding of $25,000-$100,000
- For Consumer Product companies, Gross Margins Over 30%
- For Technology Companies, Protectable Intellectual property
HERstory Connections Gold Tier Members get 1 FREE Application for Funding
We have set a goal for Just Fearless for the number of women owned businesses to fund in 2020, so our next round of applications begins in order to facilitate reaching that goal.
Click Here to submit your application.
Process and Timing
In the application process, you will be asked a series of questions about your business. Your answers will be presented to our screening committee, so be sure they are as accurate and as concise as possible in illustrating the long term vision and how the company will grow. Be ready to complete the application in one session. There is a one time $20 application fee due once your completed application has been submitted (except Gold Tier HERstory Connection Members). The fee is nonrefundable and cannot be waived. There are NO other fees beyond this one time fee!
HERstory Connections Gold Tier Members get 1 FREE Application for Funding
From application to funding, our investment process takes 8 weeks on average (possibly faster depending on how fast the applicants responds). Steps in the process include two pitch presentations with the first round done virtually. Those selected for the final round will have the opportunity to pitch in person or virtually .
It will be followed by approximately 3 weeks of due diligence. Due diligence includes close examination of the company, team, products or services, and customers. During the due diligence process, we may review and/or negotiate an existing term sheet. The final step is a legal and accounting diligence necessary to document the investment.
Please Note:
Applying does NOT guarantee funding. We Review applications on a rolling basis in batches. We reserve the right to pass on an application for any reason and at our sole discretion. Due to the volume of applications received, we will only be able to contact those who have been selected to continue in the process. Thank you again for your application submission.
We have set a goal for Just Fearless for the number of women owned businesses to fund in 2020.
Click Here to submit your application.
We will be screening applications on a rolling basis in batches until all slots are filled. So don't wait until the last minute. Do NOT procrastinate!