
Structure Fund
Description
Structure Fund is an opportunistic early-stage tech fund based in Los Angeles, California, co-founded by two highly successful entrepreneurs: Brian Lee and Michael D. Jones. Brian Lee is renowned for co-founding consumer giants like The Honest Company, ShoeDazzle, and Dollar Shave Club, while Michael D. Jones is a co-founder of MySpace and Science Inc. This formidable leadership team brings deep operational expertise and a proven track record in building and scaling disruptive businesses, particularly in the consumer and technology sectors.
The fund primarily targets investments in digital media, direct-to-consumer (DTC) e-commerce, hospitality technology, and proptech. Their investment thesis centers on identifying companies with strong market potential, innovative business models, and founders who can leverage their extensive network and strategic guidance. Structure Fund is known for its hands-on approach, often working closely with portfolio companies to navigate growth challenges and capitalize on market opportunities.
Structure Fund typically focuses on Seed and Series A investment rounds, aiming to be a foundational partner for promising startups. While specific check sizes can vary based on opportunity, the fund generally writes initial checks ranging from approximately $500,000 to $2,000,000. Their portfolio includes notable investments such as their participation in Lomi's $1.5 million seed round and Mojo's substantial $75 million Series A, demonstrating their capacity to engage across different stages of early-stage funding. The fund's strategy is to leverage its founders' operational acumen to support the next generation of category-defining companies.
Investor Profile
Structure Fund has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 7 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.
- Strong thematic focus on SaaS, Video, Software.
- Typical check size: $500K – $2M.
Stage Focus
- Seed (60%)
- Series A (20%)
- Pre Seed (5%)
- Series Unknown (5%)
- Angel (5%)
- Convertible Note (5%)
Country Focus
- United States (100%)
Industry Focus
- Saas
- Video
- Software
- Sports
- Digital Media
- Mobile
- Logistics
- Analytics
- Education
- Film
Frequently Asked Questions
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