$1M for Founders to Start Investing
ApplyFounders Backing Founders
Spearhead is where founders get their first fund.
Founders start with a $1M fund. If they make great investments, they’re eligible for a second fund up to $5M. There’s also follow-on capital available for breakout companies in their portfolios.
We teach founders how to invest and provide back-office services, so founders can focus on investing. There’s no pressure to invest—founders focus on their company and invest at their own pace.
Investments
Startups funded by Spearhead have raised over $540M in follow-ons.
$9M in follow-ons including the Collisons and True
$62M in follow-ons including Sequoia
Founded by the creator of Node.js
Comprises nearly 10% of all COVID tests in the U.S.
$30M in follow-ons led by Stripe
Team
Jeff Fagnan and Naval Ravikant started Spearhead to democratize angel investing.
Founder of Accomplice
Founder of AngelList
Partner