The Common App for Pre-Seed

We’re launching a program that we like to think of as the “common app for pre-seed” through Afore Alpha. With the common app, when founders apply to Alpha (best in class pre seed offer of $1M on a $10M post money SAFE) they automatically apply to a growing list of elite pre seed angels and funds all with one simple application. These investors are all specifically tuned to helping pre-traction companies.

We curate the flow of founders to investors by only sending the right applications to the relevant people. Investors will see these founders at the same time as Afore sees them, hopefully increasing the odds of founders getting funded. Founders don’t have to give up any equity or pay any fees, and investors don’t need to “pay up” at higher valuations for the best deals as they would in traditional demo days.

At Afore, we are committed to helping pre seed stage founders in any way we can, whether by investing ourselves or helping them get funded. We have been supporting pre seed founders since 2016. Today with three funds totaling $300M, with 80 portfolio companies that have gone on to raise $2B in follow-on capital with a collective market cap of $11 billion, we have the opportunity to help a much broader group of pre seed founders more than ever before.

Since 2016, we’ve seen remarkable growth in the number of pre-seed rounds raised — the stage has gone from 1/10th to one half the size of seed. Founders and funders are much more aware of the term and many founders opt to raise a pre-seed round before or instead of their seed round. By building the common app for pre seed who hope to increase the access to capital even more. We look forward to working with even more pre seed investors and founders in the coming years.

Founders — apply to Afore Alpha: https://www.afore.vc/afore-alpha

Investors — join our network: https://airtable.com/shrHVR6MxnT1xgKqa

Follow us on Twitter — @aforevc