FAQ's

Got a question about our process and funding model?

Here's a collection of a common questions, contact for any other.

In which types of companies do you invest?

We love software projects, mainly b2b SaaS in large-enough niche markets​. We’re not​ investing in hardware-related projects. We value integrity and work ethic. We appreciate projects that are already touching early clients and that are geared for low-cost, efficient business models with high potential scale.​

Why choose Spinach?

Spinach gives you the vitamins to grow. We are seasoned entrepreneurs and know that a combination of efficient processes, experienced advisors and timely funding can go a long way to build your business’s muscles. Spinach Angels will provide you with the initial funding fast and enable you to focus on your product; the Spinach team will provide a network of contacts and resources to support business objectives, and will be available to discuss and advise on major business decisions.

How are you different from traditional VC?

We tend to invest smaller amounts of money and in earlier stages of the projects’ life-cycle. We believe in super-simple deals and try to align our interests with those of the founder/s as much as possible (i.e. we love taking common shares, and not looking for cumbersome veto rights).

Do you do SAFE or CLA?

Absolutely! We're indifferent as to the deal mechanics as long as the main economic values are kept (i.e. applying the right valuation cap). We have good experience with SAFEs and CLAs and these can help us cut many of the legalities and save on time and legal fees.

How much do you invest?

We typically inject ​up to ​$2​50,000 in the project initially.

If I need more than $250k at the initial stage?

It depends how much more. If you need a bit more we are happy to cooperate with other friendly ​angel investors and jointly invest to cover your funding needs. In case you’re planning on significantly larger round, this is not for us and we unfortunately will need to pass on the opportunity — May be sorry for it later :-))

What does the investment process look like?

Fast. Friendly. Focused. We will probably jump on a quick call with you and if relevant – continue with face-to-face meeting. In most cases we will make go/no-go decision in 7 days and money in your bank within 30 days from 1st meeting, ​tops. try us.

​In which companies you've already invested?

We're proud pre-seed investors in bunch of companies , in different stages and domains. Just to name a few - Silverback (an AI market intelligence platform for online retailers), Cloudigo (a data center infrastructure and networking solution; acquired by IBM), Lightico (a sales automation booster), Quartix (a supply chain finance service), Shiperd (a shipping management service for importers and exporters), Camerai (a real-time AR graphics technology), Chat Leap (a Chat-based product recommendation technology), Cyberfish (NextGen Anti-phishing service and tech), Bestpractix (an all-in-one AI-powered productivity platform for lawyers; acquired by Litera), WizeCare (A remote telerehabilitation solution), Gaviti (a receivable collection management solution) and Leadgence (the data platform powering SMB sales). Feel free to contact any of these teams to ask about working with Spinach :-)

Ready to make your startup stronger?