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Melo7 Tech Partners

North America, New York, United States, New York

Description

Melo7 Tech Partners is a New York-based venture capital firm co-founded by NBA superstar Carmelo Anthony and veteran media executive Stuart Goldfarb. Established with a clear vision, the firm primarily focuses on early-stage investments within the digital media, consumer internet, and technology sectors. Their strategy leverages the unique blend of Anthony's influence in sports and culture, combined with Goldfarb's extensive experience in business development, media, and finance, to identify and nurture promising startups.

The firm targets companies typically in their Seed to Series A funding stages, seeking ventures that demonstrate strong potential for disruption and significant consumer engagement. Melo7 Tech Partners aims to be more than just a capital provider, offering strategic guidance, industry connections, and mentorship to its portfolio companies. This hands-on approach is designed to accelerate growth and help founders navigate the complexities of scaling their businesses in competitive markets.

Their portfolio includes notable investments in companies that have made significant strides in their respective fields. For example, Melo7 Tech Partners participated in a $3.5 million seed round for avatar technology company Genies, and they were also an early investor in Dapper Labs, the blockchain company behind NBA Top Shot, which raised a $12 million seed round. These investments highlight their commitment to innovative technologies and platforms that resonate with modern consumers. While specific check sizes can vary based on the opportunity, Melo7 Tech Partners typically deploys first checks ranging from approximately $500,000 to $5,000,000, reflecting their focus on providing meaningful early-stage capital.

Investor Profile

Melo7 Tech Partners has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 18 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Nigeria.
  • Strong thematic focus on Software, E-Commerce, Mobile.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (36%)
  • Series B (17%)
  • Series A (17%)
  • Series D (8%)
  • Pre Seed (6%)
  • Series Unknown (6%)
  • Angel (6%)
  • Series C (3%)
  • Debt Financing (3%)

Country Focus

  • United States (94%)
  • United Kingdom (3%)
  • Nigeria (3%)

Industry Focus

  • Software
  • E-commerce
  • Mobile
  • Retail
  • Digital Media
  • Internet
  • Shoes
  • Food And Beverage
  • Sports
  • Education
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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 Melo7 Tech Partners frequently co-invest with?

Vayner/RSE
North America, New York, United States, New York
Co-Investments: 7
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 5
QueensBridge Venture Partners
North America, California, United States, Los Angeles
Co-Investments: 7
Rothenberg Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Compound
North America, New York, United States, New York
Co-Investments: 3
Felicis
North America, California, United States, Menlo Park
Co-Investments: 3
Great Oaks Venture Capital
North America, New York, United States, New York
Co-Investments: 4
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 5
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 4

Which angels does Melo7 Tech Partners often collaborate with?

RM
North America, California, United States, San Francisco
Shared Deals: 3
GR
North America, California, United States, San Francisco
Shared Deals: 2
KW
North America, New York, United States, New York
Shared Deals: 1
NC
North America, California, United States, San Francisco
Shared Deals: 1
DA
North America, New York, United States, New York
Shared Deals: 1
JW
North America, New York, United States, New York
Shared Deals: 2
AI
North America, California, United States, San Francisco
Shared Deals: 3
AO
North America, California, United States, San Francisco
Shared Deals: 2
Dave Morin
North America, California, United States, San Francisco
Shared Deals: 2
AS
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Melo7 Tech Partners?

Stears

Lagos, Lagos, Nigeria

Stears is a data and intelligence company providing actionable intelligence on Africa to global businesses and professionals.

AnalyticsData IntegrationDigital MediaInformation ServicesInformation Technology
SeedOct 10, 2022
Amount Raised: $3,300,000
Mercury

San Francisco, California, United States

Mercury offers FDIC-insured accounts, virtual & physical debit cards, currency exchange, domestic, and international wires.

BankingFinancial ServicesFinTechInformation TechnologyInsurTech
Series ASep 26, 2019
Amount Raised: $21,289,477
Prospr

New York, New York, United States

Prospr makes people management easy. Schedule smarter. Communicate faster. Run your business better.

Software
Pre SeedMay 1, 2019
Ambrosia

Brooklyn, New York, United States

Ambrosia offers infrastructure-as-a-service to waste industry.

OrganicWaste Management
SeedOct 3, 2017
Amount Raised: $1,300,000
Casper

New York, New York, United States

Casper is a sleep startup that launches a comfortable mattress sold directly to consumers, eliminating commission-driven inflated prices.

E-CommerceLifestyleProduct DesignRetail
Series CJun 18, 2017
Amount Raised: $170,000,000
Wine n Dine

New York, New York, United States

Wine n Dine is a Visual Menu company that helps restaurants create & distribute menus online with our many in house tech solutions - SaaS

Consumer ReviewsFood and BeverageMobile AppsRestaurantsSoftware
SeedOct 5, 2016
Amount Raised: $2,500,000
Xperiel

Sunnyvale, California, United States

Xperiel is making the physical world digitally interactive, bringing the Real World Web (RWW) to life

InternetLocal BusinessSoftware
Series UnknownAug 11, 2016
Amount Raised: $7,000,000
SUBPAC

Palo Alto, California, United States

SUBPAC is a patented tactile audio technology that transfers low frequencies directly to a users body and more.

AudioAutomotiveElectronicsSoftwareVirtual Reality
Series AJul 12, 2016
Amount Raised: $6,000,000
Juicero

San Francisco, California, United States

Juicero is an inventor of a home cold-pressed juicing system.

Food and BeverageNutritionOrganic Food
Series BMar 31, 2016
Amount Raised: $70,000,000
Good Uncle

New York, New York, United States

Good Uncle gives people access to crave-worthy food no matter where they live.

Food and BeverageFood DeliveryFood ProcessingRestaurants
SeedFeb 9, 2016
Amount Raised: $2,200,000