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Fund profile

Sprint Vc

Sprint Vc

New York, United States

Not leading

About

Sprint VC stands out by offering a unique approach to angel investing with its Angel SIP model, blending the advantages of being both an active angel investor and a passive limited partner. Sprint focuses on early-stage companies, especially in the seed and pre-series A stages, and invests across diverse industries like tech, fintech, and consumer goods. The fund operates primarily in India but is open to global investors, with a growing network of over 595 investors across seven countries. Sprint is known for its selective investment process, curating fewer than 2.5% of startups for its portfolio. They prioritize startups with strong product-market fit, large market potential, and early revenue generation. Their investment strategy includes co-investing at least 10% in every deal, ensuring alignment between fund managers and investors. Sprint’s average investment horizon ranges from 4-5 years in early-stage startups, aiming for 10X returns in higher-risk deals. With a 12% hurdle rate, it only charges profit share after surpassing this benchmark, demonstrating a high-performance-driven model. The leadership, including Salil Chakrabarty, brings deep domain expertise, favoring founders who show strong execution and scalability potential. For startups, Sprint values transparent financials and clear market traction, preferring to co-invest alongside well-regarded lead investors. Entrepreneurs can approach them through their platform, which allows interaction with Sprint’s experienced team, known for its rigorous due diligence and strong mentorship network.

Details

Average check

$10M-$50M
$1M-$3M
$3M-$10M
$100K-$500K

Round

Seed
Series B

Previous Investments

Advertising & Marketing
Agritech & Farming
AI & Deep Tech
Biotech
Communications & Messaging
Consumer Goods & Electronics
Data & Analytics
E-commerce & Retail
Education
Fashion & Apparel
Fintech & Financial services
Food & Beverage
Hardware. Robotics & IoT
Healthtech & Wellness
HR & Recruitment
Legal & Professional services
Lifestyle
Media, Events & Entertainment
Pharma
Real Estate & Proptech
Security & Privacy
Sharing economy
Social media
Software & Apps
Sports & Fitness
Transportation & Mobility

Highlights

$364.3k

Historical average check

$440M

Historical max check

August 2023

Last investment date

195

Investments

Software & Apps

AI & Deep Tech

Healthtech & Wellness

Hardware. Robotics & IoT

Transportation & Mobility

VR & AR

E-commerce & Retail

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Contacts

Website

sprintvc.com

Email

contact@sprintvc.com

Social

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