
Geekdom Fund
Description
Geekdom Fund is a San Antonio, Texas-based venture capital firm dedicated to investing in early-stage technology startups. Established in 2013, the fund emerged from the vibrant entrepreneurial ecosystem of Geekdom, a collaborative co-working space in downtown San Antonio. Its primary mission is to identify and support promising tech companies with innovative solutions, strong leadership teams, and significant market potential, aiming to foster growth within the local tech community while also exploring broader opportunities.
The firm's investment strategy centers on providing crucial seed and early-stage capital to companies poised for rapid scaling. Geekdom Fund typically deploys initial checks ranging from $250,000 to $1,000,000, making it a significant early partner for many startups. Beyond this initial investment, the fund reserves substantial follow-on capital, demonstrating a commitment to supporting its portfolio companies through subsequent funding rounds as they achieve key milestones and expand their operations. This approach ensures long-term partnership and strategic alignment with the founders.
Over its operational history, Geekdom Fund has successfully raised multiple funds to support its investment thesis. Its first fund, launched in 2013, secured $10 million, followed by a $15 million second fund in 2018. Most recently, the firm has been raising its third fund, targeting $25 million, bringing its total capital under management to over $50 million. While primarily focused on companies with a connection to the San Antonio and broader Texas tech landscape, reflecting its roots and commitment to regional development, Geekdom Fund also considers compelling investment opportunities from other geographies.
Geekdom Fund distinguishes itself not just through capital, but also through its deep integration with the Geekdom community. Portfolio companies benefit from access to a robust network of mentors, advisors, and fellow entrepreneurs, as well as resources within the co-working space. The fund's partners, including Michael Girdley and Don Douglas, bring extensive experience in technology, entrepreneurship, and venture capital, providing strategic guidance and operational support to help founders navigate the challenges of scaling a startup. This hands-on approach aims to accelerate growth and enhance the likelihood of success for its portfolio.
Investor Profile
Geekdom Fund has backed more than 97 startups, with 1 new investments in the last 12 months alone. The firm has led 20 rounds, about 21% of its total and boasts 16 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Convertible Note, Series A rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Software, SaaS, Information Technology.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (46%)
- Convertible Note (30%)
- Series A (11%)
- Pre Seed (5%)
- Series Unknown (3%)
- Series B (3%)
- Series C (1%)
Country Focus
- United States (99%)
- Canada (1%)
Industry Focus
- Software
- Saas
- Information Technology
- Artificial Intelligence (Ai)
- Analytics
- Internet
- Enterprise Software
- Business Intelligence
- B2b
- Health Care
Frequently Asked Questions
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