Investment Criteria
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Alethia Venture Partners

Investment Criteria

What we look for in the founders and companies we back.

Our Thesis

We Back Founders, Not Just Companies

At Alethia Venture Partners, we believe the most important variable in any early-stage investment is the quality of the founding team. We look for founders with rare combinations of domain expertise, intellectual honesty, and the relentless drive to build something that matters.

We operate two focused funds — Fund I targets Alcohol Beverage, Non-Alcohol Beverage, and Consumer Packaged Goods; Fund II targets Fintech, Real Estate Tech, Health Tech, and Bank Tech. Each fund brings deep operator networks and proprietary deal flow in its respective category.

We are long-term partners. We do not manage to a fund cycle. We manage to outcomes.

Investment Stage

Seed & Series A & B

Initial Check Size

$50k – $1M

Follow-on Reserves

Up to 2x initial check

Geography

North America (primary), Global (selective)

Board Involvement

Board seat or observer on all investments

Decision Timeline

30-90 days from first meeting

Evaluation Framework

What We Look For

Across both funds, these are the universal signals we look for in every company we consider backing.

Exceptional Founders

Founders with deep domain expertise, intellectual honesty, and the resilience to navigate the inevitable challenges of building a company from zero.

Proven Brand or Product Velocity

Early evidence of consumer or customer pull — whether that's sell-through rates, reorder velocity, user retention, or organic word-of-mouth growth.

Clear Distribution Path

A credible, capital-efficient strategy to reach customers at scale — whether through retail, DTC, enterprise sales, or platform partnerships.

Strong Unit Economics

A clear path to positive contribution margins with evidence of product-market fit and early signals of efficient customer or consumer acquisition.

Exit Readiness

We invest with exits in mind. We look for companies with realistic paths to strategic acquisition or IPO within a 3–7 year horizon.

Scalable by Design

Business models built to scale — not just locally or regionally, but with the architecture to grow nationally and, where relevant, globally.

Fund-Specific Focus

What Each Fund Looks For

Beyond our universal criteria, each fund has its own set of sector-specific signals that matter most to us.

Opportunity Fund I

Beverage & CPG

Premium Brand Positioning

We back brands that command a premium price point with a clear reason to believe — whether through ingredients, provenance, founder story, or design.

Retail & On-Premise Traction

Early velocity in key retail accounts or on-premise venues signals real consumer demand. We look for brands already earning shelf space and reorders.

Category Leadership Potential

We invest in brands positioned to define or lead a category — not just participate in one. Alcohol, Non-Alcohol, and CPG each have white space we actively seek.

Operator-Led Teams

The best beverage founders have lived the industry. We prioritize teams with hands-on experience in production, distribution, or brand building.

Opportunity Fund II

Technology

Fintech & Bank Tech Innovation

We look for companies reimagining financial products, payments, lending, or banking infrastructure with a clear regulatory path and strong early adoption.

Real Estate Tech Disruption

Proptech platforms with data-driven differentiation — whether in underwriting, transaction, management, or marketplace — that address real friction in the market.

Health & Wellness Tech

Digital health platforms with measurable outcomes, strong user engagement, and a credible path to reimbursement, enterprise, or DTC scale.

Defensible Technology

Proprietary data, network effects, or switching costs that create durable competitive advantages and protect margin as the company scales.

Our Process

How We Work

01

Discovery Call

A 30-minute introductory conversation. No pitch deck required. We want to understand you and your vision.

02

Partner Meeting

A deeper dive with the full investment team. We explore the market, product, and team in detail.

03

Due Diligence

A focused 2-week process covering financials, customers, technology, and competitive landscape.

04

Term Sheet

If we are aligned, we move quickly. We aim to issue a term sheet within 4 weeks of first contact.

Think You Are a Fit?

Start with a discovery call. No pitch deck required.

Schedule a Discovery Call