SWEATER INDUSTRIES LLC

SWEATER INDUSTRIES LLC is a Pre-seed, Seed, Series A and early-stage fund in the US writing $500+ checks into AI, Climate, Enterprise, Fintech, Healthcare, b2c, advertisement-technology, agriculture-technology, augmented-reality, clean-technology, e-commerce, food-technology, gaming, mortgage-technology, real-estate-technology, restaurant-technology, space-technology, construction-technology, pet-technology, advertisement-tech, agriculture-tech, financial-tech, food-tech, mortgage-tech, real-estate-tech, restaurant-tech, space-tech, construction-tech and pet-tech.

Stages: Pre-seed, Seed, Series A, early-stage
Sectors: AI, Climate, Enterprise, Fintech, Healthcare, b2c, advertisement-technology, agriculture-technology, augmented-reality, clean-technology, e-commerce, food-technology, gaming, mortgage-technology, real-estate-technology, restaurant-technology, space-technology, construction-technology, pet-technology, advertisement-tech, agriculture-tech, financial-tech, food-tech, mortgage-tech, real-estate-tech, restaurant-tech, space-tech, construction-tech, pet-tech
Check size: $500+
Invests in: US-wide
Actively investing: Yes
Founded: 2019
Assets under management: $13.3M
Website: sweaterventures.com

Thesis

Sweater Industries LLC, operating as a wholly-owned subsidiary of Sweater Inc., manages the Sweater Cashmere Fund with a mission to democratize venture capital by providing access to retail investors. The fund focuses on early-stage startups in the United States, targeting companies that are network affectable, scalably impactful, and broadly understandable. Sweater aims to co-invest with venture capital funds and other investors, utilizing equity and Simple Agreements for Future Equity (SAFE) as investment instruments. The fund invests a minimum of $500. Sweater is venture-backed by firms including Motivate Venture Capital, Akuna Capital, Bonaventure Capital, SUM Ventures, Kickstart Seed Fund, and Curate Capital. The first fund is targeting $500M in AUM. Sweater is estimated to manage $2B-$4B in AUM. Sweater acquires investors through direct-to-consumer channels via its mobile app and through partnerships to launch white-labeled funds.

Common questions

Does SWEATER INDUSTRIES LLC invest at the Pre-seed stage?

Yes. SWEATER INDUSTRIES LLC lists Pre-seed, Seed, Series A and early-stage among the stages it invests in.

What check size does SWEATER INDUSTRIES LLC write?

SWEATER INDUSTRIES LLC writes $500+ checks.

Where does SWEATER INDUSTRIES LLC invest?

SWEATER INDUSTRIES LLC invests in the US.