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

01

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.

02

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).

03

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
23
Portfolio Companies
$730M+
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.
What types of financings do you participate in?
We participate on all security types, including convertible notes, SAFEs and preferred equity rounds.
Do you lead deals?
At the moment we do not lead deals, so we rely on someone else coming in to price the round.
Do you have ownership targets?
Currently, we do not have ownership targets.
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.
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.

Our Portfolio Companies

Greptile

AI code review bot

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Askari Defense

Intelligent micro-kinetics for defense

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Grubbly Farms

Chicken feed using insect protein

Visit Website
Andson Biotech

Rapid sample prep for mass spectrometry

Visit Website
SellRaze

AI-powered one-click listings for secondhand sale of items

Visit Website
Hextronics

Battery swapping stations and operations for drones

Visit Website
AlphaRoc

Next gen survey platform

Visit Website
Neurogram

AI platform for EEG diagnosis, starting with sleep apnea

Visit Website
StrideLink

Gait analysis device for mobility issues

Visit Website
GlucoSense

Personalized and predictive diabetes platform

Visit Website
StartProto

Next-gen manufacturing cloud platform

Visit Website
Intuition AI

Intuition AI

Visit Website
Ergo

AI agents for sales operations

Visit Website
Sola Insurance

New underwriting methodology for home insurance

Visit Website
Queues

Occupancy sensors for sports stadiums

Visit Website
Augment

Bladder sensor for neuro-urology

Visit Website
Shapes Inc

General purpose social agents for social media platforms

Visit Website
Gatherly

Event planner for virtual events

Visit Website
Deleon

Biosensor for metabolomics

Visit Website
Lilypad Health

Non-invasive menstrual blood screening tool

Visit Website
GetASAP

Tech-enabled distribution platform

Visit Website
Reditus

Reusable satellites for in-space manufacturing

Visit Website
Humanola

Remote teleop for humanoid robots

Visit Website
Greptile

AI code review bot

Visit Website →
Askari Defense

Intelligent micro-kinetics for defense

Visit Website →
Grubbly Farms

Chicken feed using insect protein

Visit Website →
Andson Biotech

Rapid sample prep for mass spectrometry

Visit Website →
SellRaze

AI-powered one-click listings for secondhand sale of items

Visit Website →
Hextronics

Battery swapping stations and operations for drones

Visit Website →
AlphaRoc

Next gen survey platform

Visit Website →
Neurogram

AI platform for EEG diagnosis, starting with sleep apnea

Visit Website →
StrideLink

Gait analysis device for mobility issues

Visit Website →
GlucoSense

Personalized and predictive diabetes platform

Visit Website →
StartProto

Next-gen manufacturing cloud platform

Visit Website →
Intuition AI

Intuition AI

Visit Website →
Ergo

AI agents for sales operations

Visit Website →
Sola Insurance

New underwriting methodology for home insurance

Visit Website →
Queues

Occupancy sensors for sports stadiums

Visit Website →
Augment

Bladder sensor for neuro-urology

Visit Website →
Shapes Inc

General purpose social agents for social media platforms

Visit Website →
Gatherly

Event planner for virtual events

Visit Website →
Deleon

Biosensor for metabolomics

Visit Website →
Lilypad Health

Non-invasive menstrual blood screening tool

Visit Website →
GetASAP

Tech-enabled distribution platform

Visit Website →
Reditus

Reusable satellites for in-space manufacturing

Visit Website →
Humanola

Remote teleop for humanoid robots

Visit Website →

Investment Committee

Brian Pellegrino

Chief Investment Officer, Georgia Tech Foundation

Raghupathy Sivakumar

Chief Commercialization Officer, Georgia Tech

Rahul Saxena

Director, Create-X