Entrepreneurs

WHAT DO WE LOOK FOR?

  • Early-stage company with sustainable and scalable business model and potential for high return
  • Line of business that matches expertise of our members
  • Businesses that require $500,000 to $2 million to reach the “next level”, of which Robin Hood Ventures will invest $250,000 to $1,000,000
  • Opportunity for a Robin Hood Board seat
  • Valuation in line with early-stage opportunities
  • Preferably in the Mid-Atlantic region
  • Proprietary technology or other proprietary position

WHAT DO WE OFFER?

  • Deal structuring
  • Board of Directors member
  • Legal support (offering documents, entity formation, etc.)
  • Accounting support (business planning, ongoing financial statements, preparation for offering, etc.)
  • Executive recruiting support
  • Amazon AWS credits
  • Hubspot discounts
  • Job Board postings
  • Justworks discount
  • Consultation by RHV’s sponsors Morgan Lewis (legal), EisnerAmper (accounting and financial services), Envative (technology), Meridian (banking), Gallagher (insurance and risk management)
  • Zendesk discount

APPLY FOR FUNDING?

To apply for funding, please follow the steps as indicated below and submit your application.

  • Review the screening criteria above to determine if your company is a fit for Robin Hood.
  • RHV uses Gust to manage applications for funding. After you log in, you will be asked basic questions about your company. You’ll also have the opportunity to upload documents like your business plan and pitch deck. Please fill out the application completely; if you have all the necessary information readily available, it should only take about 20 minutes.
  • Upon completing the application process below, you will receive a confirmation email from no-reply@gust.com.

We look forward to working with you. If you have any technical questions or concerns regarding the application process, please contact support@gust.com or visit www.gust.com. If you have any other questions regarding the application, please contact info@robinhoodventures.com.

WHAT HAPPENS AFTER SUBMITTING AN APPLICATION?

After Applying:

  • An initial screen will determine if your company meets our criteria. We will notify you if it doesn’t.
  • Once a month, a committee reviews all applications that have passed the initial screen. If there is interest following this review, we will invite you to present at our monthly meeting. If there is interest following this presentation, we will begin due diligence. If there is not enough interest following either the committee review or presentation, we will give you feedback as to why we are passing.

Also, if we do decided to invest, terms include:

  • Information Rights: The company will send RHV financial statements and a narrative, at least quarterly, on the status of business.

  • Board representation, commensurate with investment.

  • Closing Fee: Upon closing, the Company pays an administrative fee equal to 1% of the money invested by RHV. This applies to follow-on rounds as well.

  • Legal Fees: The company pays legal fees upon closing if legal review is required.  Generally, if another group is leading, the legal review is minimal.

OFFICE HOURS FOR ENTREPRENEURS

These are not pitching sessions, but rather an opportunity to get feedback from an angel investor about your venture. Office hours for Information Technology and Life Science companies will be held every Thursday.