Get the latest tech news

Pre-seed firm Afore Capital has a fresh $185M fund and a new program to help founders discover ideas


Afore Capital, a firm that claims to be the largest dedicated pre-seed investor, was founded on the idea that the first check into a new startup should be

Since the firm was founded in 2017, Afore has invested in startups like Modern Health, BenchSci, Neo Financial, New Lantern and Hightouch, which closed an $80 million round at a $1.2 billion valuation this week. Unlike YC, which offers standard terms to each company, Afore tries to customize each investment for its FIR founders depending on the startup’s needs. We are trying to invent a product alongside our founders,” Banjeri said, adding that the firm wants to give startups a chance to pivot or iterate without time pressure.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of founders

founders

Photo of M fund

M fund

Photo of ideas

ideas

Related news:

News photo

Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

News photo

Show HN: I Built a Reddit-style Bluesky client – still rough, but open to ideas

News photo

Spotify Founders Pocket $1 Billion Selling Booming Tech Stock