Tennenbaum Fund

Investing in early stage companies that participate in a Create-X class or program, including I2P, Startup Launch, Create-X Launch, and Create-X Capstone

Our Investment Criteria

Stage

We invest in early stage companies. Our sweet spot for initial checks is pre-seed or seed, though we’ll do Series A rounds as well. We follow on in our top companies through Series A or B.

Thesis

We are generalist investors. We look at companies across industries (such as climate, robotics, AI, consumer, hard tech, SaaS) and business models (such as B2B, B2C, B2G).

What We Look For

We are looking to invest in the best and brightest Georgia Tech founders that are building unique solutions to big problems.

$10.5M

Assets Under Management

22 Portfolio Companies

$665M+

Total Valuation of Portfolio Companies

How We Deploy Capital

Our investment approach focuses on deploying capital into the best early-stage companies in the Georgia Tech community.

What is your check size range? Do you do follow-ons?

We write checks of up to $250K. Initial checks range from $25K to $150K and follow-on checks range from $50K to $250k. Exceptions may be made on a case-by-case basis.

Do you lead deals?

At the moment we do not lead deals, so we rely on someone else coming in to price the round.

What does your diligence process look like?

Our investment committee meets once a month. We invite 2-3 companies to come and pitch each session. From there, we do our deep dive and make decisions on the timeline that aligns with your close date.

What types of financings do you participate in?

We participate on all security types, including convertible notes, SAFEs and preferred equity rounds.

Do you have ownership targets?

Currently, we do not have ownership targets.

Do I need to be full time on my startup?

At least one founder needs to be full time at the company. If you are a student, we are happy to help you think through what makes sense for your team.