INVESTMENT_THESIS:

The best software solves problems nobody wants to think about.

CORE_THESIS:

The Unsexy Advantage: While everyone chases consumer apps and flashy AI demos, the real money is in solving business challenges that keep executives awake at night.

PROBLEM:

Enterprises are drowning in manual processes, compliance requirements, and legacy systems that barely work.

OPPORTUNITY:

Companies that solve these problems create sticky, high-value businesses with predictable revenue streams.

OUTCOME:

Customers become dependent on the solution, creating natural moats and pricing power.

INVESTMENT_CRITERIA:

[PROBLEM_SOLUTION_FIT]

▸ Genuine pain point that costs businesses money

▸ Current solutions are manual, broken, or non-existent

▸ Problem affects large number of businesses

▸ ROI is measurable and compelling

[MARKET_DYNAMICS]

▸ Large addressable market ($1B+ TAM)

▸ Fragmented competitive landscape

▸ Regulatory or technology tailwinds

▸ High switching costs once implemented

[BUSINESS_MODEL]

▸ Recurring revenue (SaaS or usage-based)

▸ Strong unit economics (>80% gross margins)

▸ Predictable customer acquisition

▸ Path to profitability without excessive burn

[TEAM_EXECUTION]

▸ Domain expertise in the problem space

▸ Proven ability to execute and scale

▸ Strong technical and go-to-market capabilities

▸ Clear vision for category leadership

WHY_UNSEXY_WORKS:

LESS

Competition

Sticky Revenue

HIGHER

Barriers to Entry

LESS_HYPE_MORE_VALUE:

Without venture tourists, valuations stay rational and fundamentals matter.

CUSTOMERS_PAY_PREMIUM:

When software solves a critical problem, price becomes secondary to reliability.

LONG_TERM_RELATIONSHIPS:

Businesses don't switch mission-critical systems without compelling reasons.

NATURAL_EXPANSION:

Once you solve one process, customers trust you with adjacent problems.

PRIMARY_SECTORS:

FINTECH / REGTECH

[HIGH_INTEREST]

Financial services generate massive amounts of regulatory overhead. Companies that automate compliance, reporting, and risk management create massive value.

Focus Areas:

▸ Tax compliance automation

▸ Regulatory reporting

▸ Anti-money laundering

Examples:

▸ Automated SEC filings

▸ KYC/AML workflows

▸ Multi-jurisdiction tax prep

OPERATIONS / SUPPLY CHAIN

[HIGH_INTEREST]

Manufacturing and logistics are still surprisingly manual. Software that optimizes operations and automates workflows creates immediate ROI.

Focus Areas:

▸ Inventory optimization

▸ Predictive maintenance

▸ Procurement automation

Examples:

▸ AI demand forecasting

▸ Equipment monitoring IoT

▸ Vendor management systems

HR TECH / PAYROLL

[MEDIUM_INTEREST]

Global remote work created new complexity in payroll, benefits, and compliance. Solutions that handle multi-jurisdiction requirements are valuable.

Focus Areas:

▸ Global payroll processing

▸ Benefits administration

▸ Compliance tracking

Examples:

▸ Multi-country payroll

▸ Automated tax withholding

▸ Employee classification

DEV TOOLS / INFRASTRUCTURE

[SELECTIVE]

Developer tools that solve specific pain points in the software development lifecycle. We focus on tools that improve productivity or reduce operational overhead.

Focus Areas:

▸ Data pipeline tools

▸ Testing automation

▸ Security/compliance

Examples:

▸ ETL for legacy systems

▸ Automated vulnerability scanning

▸ API management platforms

WHAT_WE_AVOID:

✗ Consumer applications

✗ Pure AI/ML plays without clear ROI

✗ Lifestyle businesses (< $1B TAM)

✗ Hardware-dependent solutions

✗ Social media / content platforms

✗ Gaming / entertainment

✗ Crowded competitive markets

✗ Solutions looking for problems

Does your company fit our thesis?

SUBMIT_PITCH SEE_PORTFOLIO