,
Thanks for being a member of the Automotive Ventures Investment Club. I’m excited to share a new deal with you.
Opportunity:
Automotive Ventures is excited to share an investment opportunity in
Automotive State of the Union
(
).
We were able to secure a $150k allocation in this round for investment from our LPs and Investment Club members.
Highlights:
ASOTU was founded by Paul Daly and Kyle Mountsier, and here are a few notable milestones:
>5,000 Opt-in Newsletter Subscribers
~$700k 2022 revenue
$2.7m 2023 Expected Revenue w/ a $4m upside target
$530k of $680k already committed in this round
Investor Presentation:
is a link to ASOTU’s investor presentation.
Pitch:
You’re invited to a 1-hour pitch and Q&A session with the company’s CEO today,
Friday, 2/24 at 3:00 PM ET
to hear more. A recording of this pitch will be available to anyone who misses the live call.
Deal Terms & Fees:
Seed Round: Raising $680k total on a
at a $7.5 million pre-money valuation Cap. We have a $150k allocation available to our LPs and Investment Club members.
Note this investment is only available for Accredited Investors (
)
The SPV (our investment vehicle) fee structure will mirror best practices established by the
, with a one-time 2% management fee and 20%
. Each investor will share proportionally in the Special Purpose Vehicle (SPV) setup fee, expected to be $5k.
If you’re interested in attending this Friday’s call and learning more about the opportunity to invest, please let me know.
Many thanks,
Steve Greenfield
678.576.9972
