Company Research Report: 2am VC
Company Overview
- Name: 2am VC
- Mission: 2am VC is a sector-agnostic, Gen Z centric, "India Only" early-stage venture fund.
- Founded: 2021
- Founders: No specific founders mentioned, but key people include Brendan Rogers and Hershel Mehta, who are Co-Founders and Partners.
- Key People:
- Brendan Rogers, Co-Founder & Partner
- Hershel Mehta, Co-Founder & Partner
- Vatsal Kanakiya, Venture Partner
- Vipul Mehta, Compliance Head
- Jaitra Narkar, Investment Associate
- Headquarters: Mumbai, Bangalore, Los Angeles
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: 2am VC is known for being a Gen Z-focused investment firm that targets early-stage investments in India. It emphasizes speed, transparency, being founder-friendly, and cross-border investments.
Products/Services
- Products Offered: Venture capital funding and investment.
- High-Level Description: 2am VC provides funding and support to early-stage startups across various sectors in India.
- Key Features:
- Investment via iSafe, SAFE, convertible notes, and priced rounds.
- They are lead investors in over half of their deals.
- Focus on closing investment rounds quickly to provide swift capital infusions into portfolio companies.
Recent Developments
- Recent Developments:
- Notable participation in TechSparks 2021 and various Startup Fridays events, indicating active engagement in the startup ecosystem.
- New Products Launched: No information is available
- New Features Added to Existing Products: No information is available
- New Partnerships:
- 2am VC has established substantial relationships with portfolios companies like Karbon Card and Bluelearn, providing connectivity with customers, investors, and partners.
Additional Insights
- Milestones Achieved:
- Maiden Fund Established: March 2021
- First Check Deployed: May 2021
- First Term Sheet Issued as Lead Investor: June 2021
- 30th Check Deployed: December 2021
- 10th Term Sheet Issued as Lead Investor: April 2022
- Portfolio Companies:
- Some of the companies in their portfolio include Attryb, Goldsetu, Karbon Card, Anahad, Apnamart, Onwo, Spare8, Invact, Bluelearn among others.
- Media & PR Highlights:
- 2am VC has been prominently featured in discussions around venture capital's role in India, focusing on themes such as e-commerce, fintech, wellness, mental health, and more.
This report is compiled to provide an insight into 2am VC's operations, offerings, and recent activities within the venture capital space in India.