Salisbury Ventures supports technical founders with finding product-market fit. We not only invest, but spend 3h-5h per week with our portfolios and supply them with other resources that they may need.
We are interested in
We invest in exceptional founder teams working on top of potential platform shifts - ahead of them showing any product-market fit. In terms of potential platform shifts apart from AI Salisbury Ventures is also currently interested in the rise of MPP databases such as Redshift.
SV tool box - broad cohort testing - Very early on tech-intensive teams should not go for incremental changes. Instead we support you with testing various substantially different cohorts very quickly to get signs of 10x opportunities. We show you how to do this and then spend time with you doing it, week by week."
Grants & referrals to trusted accelerators such as TechStars & Y Combinators - We frequently refer companies we like. Referred startups in the past include goedle.io and trevormydata.com. We also invest ourselves and also help our portfolios to get additional grants to get the "traction" that validates your "deep" tech startup in the eyes of VCs.
Engagement model and how we de-risk our investments
At SV we don't accept pitch decks or Excel sheets that show traction. However, as every investor we have our own model to de-risk our investments. We invest in technical teams that show us signs that they can ship code fast to potential clients.
Monthly lunch - 1h/month
If you do anything which is interesting to us (such as AI or something interested with MPP databases) we are happy to go for lunch with you regularly.
SV has, on average, usually 7-9 startups at this stage it talks to each month.
Lunches & Initial Resources to help you prototype better, faster - 5h/month
Typically, at this stage, we understand your personas and use cases. Once we see you doing so much more, we are happy to give you access to some of our resources. We do this still for free #givefirst. The aim of this stage is to help you prototype better and quicker. We aim to learn with you and also see whether we are a fit to help you. If all parties agree that we are able to help, then this may morph into an Advisory relationship.
SV has, on average, usually 3-4 startups at this stage it talks to each month.
Portfolio - 3h to 5h per week
At some point we may bump up the relationship even more and invest into you alone or we even organise a whole round. Doing technical startups outside of the Valley is a little bit more difficult, though. When we came to Berlin in '10 we counted 16 resource types that were missing for technical startups with the list now down to 7. That's why spend a lot of time every week with you to compensate.
SV has, on average, usually 1-3 startups at this stage.