KL

Koa Labs

North America, Massachusetts, United States, Cambridge

Description

Koa Labs is a distinctive seed fund strategically located in the heart of Harvard Square, Cambridge, Massachusetts. Its core mission is to empower founders dedicated to building independent companies, providing essential capital and support while uniquely refraining from seeking board seats or dictating strategic direction. This philosophy sets Koa Labs apart from many traditional venture capital firms, emphasizing founder autonomy and a hands-off yet supportive partnership. They aim to foster sustainable businesses by backing entrepreneurs who prioritize long-term vision over rapid, often unsustainable, growth.

The firm is known for its straightforward investment approach, typically deploying a uniform first check of $250,000 into each selected startup. This fixed investment amount simplifies the early-stage funding process, allowing founders to focus on execution rather than protracted fundraising. Beyond the capital, Koa Labs offers a comprehensive program that includes access to prime office space within Harvard Square, tailored mentorship from experienced entrepreneurs, and integration into a valuable network of peers and industry experts. This holistic support system is designed to provide a conducive environment for nascent companies to develop and scale.

Koa Labs maintains a highly selective admission process, accepting only a small number of companies annually, which underscores their commitment to a high-touch, personalized engagement with their portfolio. Their focus is squarely on "real businesses" with viable models, reflecting a pragmatic approach to venture investment. As of early 2024, Koa Labs has built a focused portfolio of approximately 20 companies, with at least one reported exit, showcasing their ability to identify and support promising ventures. Their deep roots within the Harvard entrepreneurial ecosystem provide a unique advantage, connecting them to a robust pipeline of innovative startups and top-tier talent emerging from one of the world's leading academic environments.

Investor Profile

Koa Labs has backed more than 49 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Kenya.
  • Strong thematic focus on Health Care, Software, Medical.
  • Typical check size: $250K.

Stage Focus

  • Seed (39%)
  • Series A (24%)
  • Pre Seed (18%)
  • Series B (10%)
  • Series C (4%)
  • Series Unknown (4%)

Country Focus

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

Industry Focus

  • Health Care
  • Software
  • Medical
  • Artificial Intelligence (Ai)
  • Apps
  • Saas
  • Analytics
  • Machine Learning
  • Personal Health
  • Wellness
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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 Koa Labs frequently co-invest with?

37 Angels
North America, New York, United States, New York
Co-Investments: 3
Argon Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 4
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 3
Founder Collective
North America, Massachusetts, United States, Cambridge
Co-Investments: 5
IA Ventures
North America, New York, United States, New York
Co-Investments: 2
FirstMark
North America, New York, United States, New York
Co-Investments: 2
Gutbrain Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Pillar VC
North America, Massachusetts, United States, Boston
Co-Investments: 3
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 4
PC
North America, Massachusetts, United States, Lincoln
Co-Investments: 4

Which angels does Koa Labs often collaborate with?

AP
North America, Massachusetts, United States, Boston
Shared Deals: 5
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 1
MT
North America, New York, United States, New York
Shared Deals: 1
WC
North America, New York, United States, Manhattan
Shared Deals: 1
OZ
North America, California, United States, San Francisco
Shared Deals: 1
AL
North America, California, United States, Palo Alto
Shared Deals: 1
EP
North America, Massachusetts, United States, Boston
Shared Deals: 1
Andrea Palmer
North America, Ontario, Canada, Toronto
Shared Deals: 2
MV
North America, Massachusetts, United States, Boston
Shared Deals: 1
AB
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Koa Labs?

Marigold Health

Boston, Massachusetts, United States

Marigold Health uses chat support groups to make substance use treatment more engaging and personalized for vulnerable populations.

Artificial Intelligence (AI)Health CareHealth DiagnosticsMedicalNatural Language ProcessingPsychology
Series AJun 18, 2024
Amount Raised: $11,000,000
Shimmer

San Francisco, California, United States

Shimmer provides a platform for 1:1 remote ADHD coaching

Health CareMedicalPersonal HealthWellness
SeedJan 10, 2024
Amount Raised: $2,200,000
AskFora

Norwich, Vermont, United States

AskFora is an app to connect contractors and managers with each other.

AppsFreelance
Pre SeedSep 30, 2023
Amount Raised: $1,500,000
Shimmer

San Francisco, California, United States

Shimmer provides a platform for 1:1 remote ADHD coaching

Health CareMedicalPersonal HealthWellness
SeedOct 12, 2022
Amount Raised: $1,300,000
Five Flute

Boulder, Colorado, United States

Five Flute important technical discussion stays connected to the engineering work it impacts.

Industrial EngineeringMechanical Engineering
Pre SeedAug 9, 2022
Amount Raised: $1,200,000
EdgeIQ

Boston, Massachusetts, United States

EdgeIQ develops a DeviceOps platform for managing devices, data, software, cloud integrations, and business workflows.

AnalyticsData IntegrationDeveloper APIsInternet of Things
Series AJul 22, 2022
Amount Raised: $8,500,000
Gigasheet

Leesburg, Virginia, United States

Gigasheet enables business users to effortlessly explore and analyze massive datasets via a user-friendly, spreadsheet-like interface.

AnalyticsBig DataSaaSSoftware
Series AJun 2, 2022
Amount Raised: $7,000,000
Pyte

Los Angeles, California, United States

Pyte (fka CipherMode) is a data collaboration software provider that preserves the confidentiality of data during its entire data lifecycle.

Artificial Intelligence (AI)Data IntegrationInformation TechnologySoftware
SeedMay 17, 2022
Amount Raised: $6,700,000
OtterTune

Pittsburgh, Pennsylvania, United States

OtterTune is an automated perfector of databases.

DatabaseInformation TechnologyMachine LearningProductivity ToolsSaaS
Series AMay 10, 2022
Amount Raised: $12,000,000
Phase Zero

Boston, Massachusetts, United States

Phase Zero is a patient relationship management platform for providers in health and wellness.

Health Care
Pre SeedMay 1, 2022