Our Funds.
Lacuna makes investments of $500,000 to $3 million in dynamic but underserved early stage companies that are ready to go to market with their ideas.
The Lacuna Venture Fund seeks to create superior returns for its investors and for its portfolio companies by investing its capital and expertise in private, early-stage companies that need Gap Capital™ funds of $500,000 to $3 million. Typically, these companies fall into the capital gap between what angel investors can do given their limited capital and advisory resources, and what venture capitalists are willing to do given their need to deploy their resources in more sizeable installments. The Venture Fund leverages Lacuna’s intimate knowledge of early-stage companies from an investment, operational and strategic point of view in order to benefit the individual portfolio companies and to maximize the performance of the Fund’s returns.
The Lacuna Hedge Fund invests in select small-cap and micro-cap public companies that fall into the “information gap” which occurs when small companies are overlooked by Wall Street and the investing public. In addition, Lacuna offers its strategic and operational expertise to these small companies in order to help impact the way they go to market and to create significant improvement in their operating leverage.
“As a veteran of five venture-funded technology start-ups, I’ve seen a lot of investor representatives on boards of directors who are more than happy to sit around the board table and proffer advice and make offers to “get involved” with the company. The advice flows freely, but the offers of “getting involved” always seem to fade after the meetings. My experience with the Principals at Lacuna is wholly different. It’s the opposite end of the spectrum. If they say they have a contact and can make an introduction, they do. If they say they would be pleased to assist with strategy, they do. And while they have been there for us when we ask for direction and guidance, they also understand they need to let the management team maintain control of the wheel.”
Michael Lynch, COO
SageFire*
* SageFire is an investment made by individual principals of Lacuna, and is not a Lacuna portfolio company.