On Grid Ventures

On Grid Ventures supports the startup and success of B2B and consumer businesses that leverage connectivity technologies to disrupt and improve clearly defined markets. We look for early-stage companies that capitalize on two or more of these five advances in computing and connectivity: *Location-based products, services, and infrastructure; such as Uber, Yelp, TireAgent, or Foursquare. *AI/Machine Learning, particularly when built from large, location-infused data sets. *Marketplaces and e-commerce. *Peer-to-peer networks and network effects, crowd-sourcing IoT connectivity across devices, places, people, and time. Our first investment in a company is generally in angel and pre-series A rounds. We consider the company stage, valuation, the need for additional rounds of capital, and potential exit scenarios. We do not invest in SAFEs. We look for vision, leadership qualities, uncanny drive, intelligence, smarts, results-focus, and high professional standards and ethics.