UNDERSCORE.VC MANAGEMENT COMPANY, LLC

Thesis

Underscore VC is a Boston-based venture capital firm founded in 2015, focusing on B2B software entrepreneurs at the Pre-Seed and Seed stages. They employ a unique 'open-source' investing model emphasizing community, collaboration, and transparency, supported by a financially incentivized 'Underscore Core Community' of experts. Their strategy allocates roughly 50% to B2B vertical SaaS and 50% to Fintech and Emerging Technology, with a strategic interest in healthtech at the SaaS intersection, while avoiding biotech and FDA-regulated sectors. They are geography-agnostic within the US but have a strong connection to the Boston ecosystem. Underscore VC prefers to lead or co-lead rounds, typically investing $500,000 to $3 million, with a sweet spot of $1 million. As of April 2024, they closed Fund III with $58 million, managing over $300 million in AUM. The firm is a signatory to the Principles for Responsible Investment (PRI).

Related lists

• Pre-seed Enterprise investors
• Pre-seed Fintech investors
• Pre-seed Healthcare investors