Strike focuses on investing in strong coachable teams with technology-driven business models; demonstrable traction – usually $1M+ in revenue; and structures that allow “win-win” opportunities for everyone involved. We like to build long-term partnerships and we’ve experienced multiple successful exits with the same entrepreneurs.
Focus.
Our Strike Zone.
Reasonable Valuations
We like low-to-mid single digit revenue multiples. We focus on investing in businesses within our area of focus and expertise.
Experienced or Coachable Management
We look for companies that have either experienced management teams with prior successful exits or highly adaptable and coachable mindsets.
Adequate Revenue
Strike Ventures focuses on companies that have at least $1M in revenue or can demonstrate a tangible pathway to achieve it within a year.
Our Strike Zone.
Strike focuses on investing in strong coachable teams with technology-driven business models; demonstrable traction – usually $1M+ in revenue; and structures that allow “win-win” opportunities for everyone involved. We like to build long-term partnerships and we’ve experienced multiple successful exits with the same entrepreneurs.
Reasonable Valuations
If you’re looking for a 70x revenue multiple, we’re not your investors. Go find some churn-and-burn investors in the Valley. We typically invest within a range of single digit multipliers on revenue. We invest a lot of time and resources to make sure that ALL of our investments make it to the promised land. We don’t bail on the ventures that falter out of the gates. We want to build partnerships where everyone wins big.
Experienced or Coachable Management
Our experience – and data – shows that strong teams who are experienced, but also coachable, produce the best results. Every company will have challenges. We’re hunting for teams with whom we can weather battles in the foxhole. That means a “no asshole” rule, plus strong collaboration and communication. We also try to have some fun together along the way.
Adequate Revenue
Strike likes to our fuel on the fire once there is proven traction and demonstrated product-market fit. For us, that typically means revenue of approximately $1M or more, though this can vary depending upon vertical and business model.
Previous investments that exemplify these criteria.
Experienced technical founders, 200% YOY MAU growth, replicable platform as multipler
Leading app in category, valuation <5x run-rate ARR growing 100%+
Location
607 West Main Street
Ste 001
Louisville, KY 40202
Contact Us
(502) 208-2125
info@strike.ventures