Unlocking Human Potential with Web3, Announcing 2 New Funds, and much much more…
On November 2nd, we hosted the Untapped Investor Summit at Untapped Ventures and I couldn’t be happier with the results.
Over 300 people signed up to join us — virtually and in person — to learn about the state of VC and Web3, our current portfolio, and our latest investments.
For this, I want to thank our team, startups, investors, friends, and family who worked hard to bring this amazing event to life. Check out the 2 min recap video to get a sense…
As the Summit started, I began the celebration by sharing a little bit of my story and purpose with investors, and after going through my intentions for that evening and the event agenda, we dived right in…
I shared our firm mission and vision, and the values we stand for. It always feels good to remember what we are working towards. As I like to say,
“We want to be the best in the world at helping founders at the earliest stages tackling human potential breakthroughs leveraging emerging technologies, like Web3. We want to invest in companies that move humanity forward in our evolution and growth.”
The Summit was a big opportunity for four (4) of our portfolio founders to talk about their companies and how they impact humanity through Web3.
On that end, I want to share more about the value Untapped Ventures added to each founder’s journey and how we are helping humanity reach its untapped potential:
Lacey Kaelani, CEO and Cofounder, has a background in HR, specifically in the recruiting department. Before Metaintro, she got the chance to interview and hire thousands of people, and with that, she also got to experience the most common issues of both recruiters and job seekers.
That’s when she decided she needed to come up with a Web3-backed solution to reduce the hiring time and let the recruiter focus on getting to know the candidate on a personal level.
Metaintro is a professional resume wallet for Web3 that holds proof of employment scale, education, and all the data you add to your resume, and interacts with a browser extension with job applications, so instead of sharing your PDF resume, you can interact with your metaintro wallet.
Lacey highlights that Untapped connected her with a community of Web3 venture-backed founders who she can share updates, successes, and struggles with, and stand by her along her journey.
Arro was created to empower financial wellness through fair credit access and financial literacy. Ryan Duitch, Arro’s co-founder, and CEO has a big idea to provide people the opportunity and the tools that set them up to be successful in the financial world. Through a learning journey, they are trying to give fair credit opportunities to everyone as they teach them basic financial concepts to ensure they can meet their financial goals without defaulting on loans. Arro raised $3.5M 2 months after Untapped Ventures Accelerator demo day.
Fitcoin uses wearable technology to gamify and incentivize fitness communities. Alex Tima, CEO, and co-founder created fitcoin as a web3 move-to-earn project that allows users to connect their wearable trackers to earn cryptocurrency and NFTs as they burn calories in an immersive proof-of-work fitness RPG (role-playing game). Untapped helped Alex’s idea become a real company, from the formation to the fundraising. We built a team around him and coached him on the skills he needed to take his business to the next level.
With the help of Untapped, among other investors, they have raised $3.5M to date on the mission to give everyone in the world access to Financial Services, through someone they trust. Anji Ismal, co-founder and CEO, has been sending money monthly to his family abroad for the past 18 years of his life, and helping diasporic families bank together is what motivated him to create Finnt.
With a mix of crypto and traditional fintech they are working on new features that will let users: lend money, pay bills, share savings accounts, and invest in crypto, all within the same app.
Important Announcements
During the Investor Summit, we announced our plans to raise a $25M Venture Fund II and $5M Studio Fund I in 2023.
Fund II
We are launching a $25M Fund II in LA to invest in Web3 + Wellbeing pre-seed startups leveraging the Untapped Method to add massive value, which combines my entrepreneurial and exit experience, venture creation expertise, and CEO coaching superpower.
Studio I
We’re planning to create a $5M Studio Fund to build ten (10) ventures over the next three years. Right now, we already have a pipeline of both founders and ideas.
Founders — we have constant interest, plus people in my network are now reaching out, even before they sell and they want to sit down and chat about how we can make their journey faster.
Ideas — we’re not going to focus on internal ideas unless we have the right EIR early on. Our focus will still be building a pipeline of those same amazing high-potential founders who just don’t have an idea right now but are ready — and itching — to work on the next big thing.
Want more?
Here’s the full event recording so you can see for yourself how the amazing evening went!
Next Steps
If you’re a…
- Startup looking for funding pitch us at www.untapped.ventures/capital
- Founder looking to build with our venture studio, let us know at www.untapped.ventures/studio.
- Investor interested to learn more about our 3 different funds, feel free to book an intro call here.
