Reno Seed Fund is a Northern Nevada–based early-stage angel/venture seed fund focused on leading and co-leading investments in high-growth technology companies, particularly those with a presence in Northern Nevada or the Mountain West. It combines capital with active mentoring and board involvement to help startups scale.

Pre-Seed: Selective participation, particularly where regional traction exists.
Seed: Core focus — actively leads and co-leads seed-stage rounds.
Series A: Rare; Reno Seed Fund typically participates through syndications or referrals to later investors.

Typical Check Size: $50,000–$500,000 per company.
Valuation Target: Post-revenue/near-revenue companies with $3M–$6M pre-money (often $5M–$10M).
Typical Ownership Taken: ~5%–15% — inferred from typical seed investments in the $50K–$500K range on ~$5M–$10M valuations (early institutional seed norms).
• At a $5M pre-money with a $250K investment, founders might expect ~5% dilution.
• At a lower valuation with larger participation or co-investment, the stake can be ~8%–12% or modestly higher.
Reno Seed Fund’s involvement often includes meaningful minority positions reflective of their lead/co-lead role (this is consistent with seed institutional positioning; specific public percent targets aren’t disclosed).
Board/Governance: When leading, the fund often takes a board seat or active advisory role to support execution. 

 Submission Method: Founders submit via the Reno Seed Fund website; the team reviews fit with stage, traction, and regional relevance. 
 Lead Requirement: Reno Seed Fund prefers to lead or co-lead rounds but will work with syndicates when appropriate. 
 Evaluation Cadence: Rolling with structured pitch, screening, and diligence steps. 

Sector Focus: Technology-enabled companies — SaaS, IoT, healthcare, consumer products, e-commerce, and other scalable tech ventures.
 Geography: Preference for Northern Nevada presence (headquarters, major operations, or substantial footprint) — 70% of investments are regional. 
Stage: Post-revenue or near-revenue early-stage companies with strong growth potential. 
Company Profile: Established product traction, credible founding team, and scalable business model. 

Initial Intake: Quick review of deck and business fit with the fund’s thesis (traction, scalability, tech). 
 Screening Call: Introductory meeting with founders. 
 Deep Diligence: Market, product, team, financials, and growth path analysis. 
 Investment Decision: Final vote by the Investment Committee to lead/co-lead with terms. 

Strategic Capital: Seed capital (typically $50K–$500K) with meaningful minority equity in early rounds.
Operational Support: Board involvement, mentorship, and ecosystem connections via active advisors. 
Network Access: Introductions to co-investors and follow-on capital through syndicated rounds and partners. 
Follow-On Support: Continued support into larger seed extensions and early institutional rounds.