541 Views

A Piece of the Action: Announcing 500 Syndicates

Jess Erickson
by

February 13, 2014

With any good story, once it starts working… everybody wants a piece of the action.

 

Today, 500 Startups is launching our very own AngelList syndicates. We view syndicates as a way to double down on great 500 portfolio companies AND enable other investors to co-invest with us more quickly and easily. So we’re kicking things off with two to start: the 500 Startups Syndicate, and the 500 Women Syndicate.

 

How will it work? For each syndicate, 500 Startups will allocate ~$1M to invest in ~10 companies over the next 12 months, or about $100K in one company every month. Each company will receive ~$100K investment from 500 Startups (our normal amount), and they will also get additional capital from the backers of each syndicate, depending on how much is available and how much the company wants to accept.

 

We believe AngelList (also a 500 portfolio company) is a great platform to help our startups get access to more capital and more investors, and help them build their business. And now with AngelList Syndicates, it’s also a great way for us to share some of our best companies with other investors who share our investment philosophies.

 

But this is just the beginning. In the future, expect to see more 500 syndicates that are focused on specific locations, industries, themes, and other stuff we care about.

Interested in being a backer for either or both of these syndicates? Visit the 500 Startups Syndicate and the 500 Women Syndicate pages to apply.

Most Popular

June 09, 2020

Our Framework Post-COVID-19

May 22, 2020

Launch Your Business in Georgia (The Country, not the State)

Recent

Accelerating ESG Adoption in Early Stage Venture Capital

The year 2020 has served up many reminders of the pressing issues facing society, from failures to address systemic discrimination to the impending climate crisis. Moving forward, realizing a more ...

Meet the Startups in 500’s First Fully Virtual Accelerator

At 500 Startups, innovation is a staple of our business model. In March, we announced the revamp of our SF flagship accelerator program to offer year-round enrollment flexibility to meet our founde...

15 Tips to Bringing Teams Closer Even During Tough Times

We are living through one of the largest collective challenges the world has faced, so it’s the perfect time to tap into the experience of these 15 female leaders. They offer tips for bringing team...

500 Startups Bolsters Commitment to MENA’s Startup Ecosystem

500 Startups made its first investment in MENA in 2012. Back then, few U.S. venture investors made their way to the region, but we recognized its potential and after making more than 30 investments...