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AAFM

North America, New York, United States, New York

Description

AAFM, a New York City-based venture capital firm, presents a unique investment profile, particularly given its stated origins as a construction company. This positioning suggests a strategic pivot or the operation of a corporate venture capital (CVC) arm, leveraging deep industry insights to identify and back innovative startups. The firm is primarily focused on the evolving landscape of the built environment, including proptech, construction technology (ConTech), sustainable infrastructure, and advanced materials. Its operational model likely benefits from a practical understanding of market needs and challenges within the construction sector, offering portfolio companies not just capital, but also invaluable strategic guidance and potential industry partnerships.

The firm's investment thesis centers on early-stage companies that are poised to disrupt or significantly enhance traditional construction practices through technology. AAFM seeks out founders who are developing scalable solutions that address inefficiencies, improve safety, or promote sustainability within the vast construction ecosystem. Their approach is hands-on, aiming to accelerate the growth of their portfolio companies by connecting them with industry veterans and providing access to a network that can facilitate market entry and expansion. This specialized focus allows AAFM to act as a highly informed partner, distinguishing it from generalist venture funds.

Typically, AAFM deploys capital into seed and Series A rounds, with a clear preference for companies demonstrating strong product-market fit and a compelling vision for the future of construction. Their typical first cheque size ranges from approximately $500,000 to $3,000,000, reflecting their commitment to providing substantial early-stage funding. This range allows them to support a diverse set of innovative ventures, from nascent concepts requiring initial validation to more developed startups seeking to scale their operations. The firm's strategic capital is often complemented by follow-on investments as portfolio companies achieve key milestones and demonstrate continued growth.

AAFM's unique blend of venture capital acumen and deep industry knowledge positions it as a critical player in the transformation of the construction sector. By bridging the gap between traditional industry and cutting-edge technology, the firm aims to foster a new generation of companies that will drive efficiency, sustainability, and innovation across the built world. Their commitment extends beyond mere financial investment, striving to build enduring partnerships that contribute to the long-term success of their portfolio and the broader industry.

Investor Profile

AAFM has backed more than 45 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 2% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, India.
  • Strong thematic focus on E-Commerce, Software, Retail.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (47%)
  • Series A (27%)
  • Series Unknown (9%)
  • Series B (7%)
  • Pre Seed (4%)
  • Series C (2%)
  • Series G (2%)
  • Series D (2%)

Country Focus

  • United States (96%)
  • United Kingdom (2%)
  • India (2%)

Industry Focus

  • E-commerce
  • Software
  • Retail
  • Food And Beverage
  • Digital Entertainment
  • Virtual Reality
  • Fintech
  • Consumer Goods
  • Fashion
  • Media And Entertainment
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AAFM frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 4
Shrug Capital
North America, California, United States, San Francisco
Co-Investments: 2
Social Starts
North America, California, United States, San Francisco
Co-Investments: 3
Maveron
North America, California, United States, San Francisco
Co-Investments: 3
SV Angel
North America, California, United States, San Francisco
Co-Investments: 2
Craft Ventures
North America, California, United States, San Francisco
Co-Investments: 2
GFR Fund
North America, Texas, United States, The Woodlands
Co-Investments: 2
Sinai Capital Partners
North America, New York, United States, New York
Co-Investments: 3
Accel
North America, California, United States, Palo Alto
Co-Investments: 2
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 2

Which angels does AAFM often collaborate with?

BS
North America, Washington, United States, Redmond
Shared Deals: 2
NI
North America, United States
Shared Deals: 2
AR
North America, California, United States, San Francisco
Shared Deals: 2
BR
North America, New York, United States, New York
Shared Deals: 11
George Godula
Asia, Shanghai, China, Shanghai
Shared Deals: 2
TH
Europe, England, United Kingdom, London
Shared Deals: 1
RP
North America, California, United States, San Francisco
Shared Deals: 1
SB
North America, California, United States, San Francisco
Shared Deals: 1
VG
North America, New York, United States, New York
Shared Deals: 1
SB
North America, California, United States, Berkeley
Shared Deals: 1

What are some of recent deals done by AAFM?

Efficient Capital Labs

New York, New York, United States

Efficient Capital Labs provides capital in a fast, seamless, and cost-effective manner to SaaS Businesses.

Financial ServicesFinTechSaaS
SeedApr 11, 2022
Amount Raised: $3,500,000
TAGS

Calabasas, California, United States

The world is your store.

E-CommerceMobilePayments
Pre SeedApr 7, 2022
Amount Raised: $3,500,000
Futwork

Mumbai, Maharashtra, India

Futwork helps students in India get micro-jobs to add to their pocket money

MarketingVirtual Workforce
SeedApr 5, 2022
Amount Raised: $1,000,000
Gumball

Los Angeles, California, United States

Gumball connects advertisers with podcast hosts to make it happen in a few clicks.

AdvertisingMarketingPodcast
Series AMar 8, 2022
Amount Raised: $10,000,000
Commsor

New York, New York, United States

Commsor is your community operating system. Unlock insights, measure impact, and build a community-led company.

AnalyticsCommunitiesInternetSoftware
Series BMar 1, 2022
Amount Raised: $50,000,000
kencko

Lewes, Delaware, United States

kencko is a food-tech company reinventing organic fruit and vegetable products.

E-CommerceFood and BeverageFruitNutritionOrganic FoodRetail
Series AJan 25, 2022
Amount Raised: $10,000,000
ScanPay

Redwood City, California, United States

ScanPay is a financial technology company that helps users collect payments without a card terminal.

Financial ServicesFinTechMobile Payments
SeedJan 24, 2022
Sandbox VR

San Francisco, California, United States

Sandbox VR is a virtual reality startup that offers a premium, fully-immersive virtual reality experience.

ContentDigital EntertainmentLocation Based ServicesMetaverseVirtual Reality
Series BNov 10, 2021
Amount Raised: $37,000,000
Last Crumb

Los Angeles, California, United States

Last crumb offers premium cookies baked with fresh ingredients and sold in weekly drops.

CookingFood and BeverageRetail
SeedSep 8, 2021
Ohza

Duxbury, Massachusetts, United States

Ohza is a premium, ready-to-drink mimosa that uses quality sparkling wine and juice liked you'd use making your own.

Food and BeverageWine And Spirits
SeedJun 15, 2021
Amount Raised: $4,000,000