News Update

Early stage investment platform- LetsVenture to come in its new form

• ByStartupStory     |    February 21, 2022

LetsVenture, an early-stage investment platform, has created LV Fuel, an investment syndicate comprised solely of founders from LetsVenture’s portfolio businesses.

LV Fuel, as an investment syndicate, will make investments in start-ups ranging from $30K to $2 million and is sector and stage neutral. LV Fuel also gives founder-investors the option of investing in start-ups. LV Fuel currently has no limit on the number of start-ups it will invest in.

LetsVenture Fuel is launching with a group of over 40 founders from its portfolio. The total amount of funding raised by these entrepreneurs for their early-stage businesses is $50 million, with half of them having previously raised growth capital (Series A and beyond). Healthtech, edtech, fintech, creator economy, gaming, D2C, agritech, retail, and SaaS are among the backgrounds of these founders.

LV Fuel comes after the company’s founders secured over $300 million in finance through LetsVenture and went on to build businesses in a variety of industries, creating wealth and job possibilities for thousands of people.

In the first two years, LV Fuel plans to invest in at least 20 start-ups and enlist more than 200 founder-investors. The syndicate plans to devote at least 20% of its funds to women entrepreneurs and founders from Tier 2 and Tier 3 cities in order to reach out to a broader group of entrepreneurs in the country.

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