We’re a bit of seed stage meets incubator, looking for 3–5 new and exciting opportunities each year. We invest in ideas that align B2B enterprise software with a focus on Big Data / IOT / AI. With deep roots in Connecticut, we have a bias toward companies – and investors – based here. For us, it’s about finding the right entrepreneurs, in the right markets, with disruptive and innovative product ideas. We’re looking for opportunities that have real potential for long-term marketability.
Tell us about the milestones your venture accomplished in 2020
Masheen brings the best of venture capital and operations to help founders grow their ideas into scaleable companies. Our goal is to help founders of new AI tech start-ups and spin-offs take an idea from inception to MVP, delight their customers and present investors with a fully vetted opportunity. When an entrepreneur and idea align with our values and meet our investment criteria, we intensely partner from the outset to get the idea designed, built and successfully in market.
Does your venture generate revenue or are you pre-revenue?
We HAVE generated revenue
What CT entrepreneur ecosystem resources have helped you succeed?
We are proud to state that we have invested in helping build companies in Connecticut. Our Connecticut companies are reaching commercial capabilities in 2020 which is a testament to our mission and vision. We are very proud to not only be supporting CT entrepreneurs, but also many who are coming from Uconn. We believe this is an inspiration for faculty and students to produce more start-up ideas and to keep those companies in our state.
Describe your program
At Masheen we say, “Just bring us your idea!” And we’re serious about that. Masheen can provide the rest, all the way through graduation into Series A funding. Our goal is to help founders of new AI tech start-ups and spin-offs take an idea from inception to MVP, delight their customers and present investors with a fully vetted opportunity. Our goal is to help build the foundation of a scalable company and then graduate it from our portfolio as it is ready for future institutional funding.
What are the coolest, most popular features of your program?
Our most popular program features are our execution services paired with early stage pre-seed funding. We fund companies off the Masheen Balance sheet as well as sidecar/co-funding from the principals’ family fund, investing an average of $250k–$500k per company at the pre-seed stage. We also reserve follow-on capital to invest in the Seed/Series A rounds.
What impact did your program make in 2020?
We had a number of major milestones in 2020. Continued funding of our portfolio companies validates not only our product and market thesis but also that these companies can be founded, grow and thrive from CT. 2 of our companies merged and filed for a NASDAQ IPO in late 2020 which is a major goal for our firm.
Masheen has incubated a number of companies both in and out of Connecticut. 2 new incubations that occurred in 2020 have yielded very quick and successful exits. One of which is going public on the NASDAQ. These returns to the firm are continuing to allow Masheen to invest in CT based companies and grow staff and contractor expense to drive a successful technology AI ecosystem in their home state.
Masheen does not simply invest capital in start-ups. Masheen delivers and executes on full-service playbooks that include the people, processes and technology to take a product all the way from the idea stage, to a scalable, de-risked product and company, ready to present to investors. In the past 12 months, Masheen has graduated two portfolio companies and has a third poised to launch commercially in Q1 of 2021.