Startups can submit their information directly through the official 71/70 Angels website. The fund uses a formalized, transparent due diligence process to evaluate submissions.
Eligibility
Sector Focus: Software, advanced technology, fintech, and applied AI.
Target Market: Startups developing high-impact solutions for large or growing markets.
Geography: While rooted in Ohio (specifically the Columbus, Cleveland, and Cincinnati corridor), they invest in companies nationwide.
Team: Strong founding teams with rapid learning velocity are prioritized.
Process
Submission: Founders submit materials online for review.
Due Diligence: The fund performs formalized due diligence leveraging the expertise of Rev1 Ventures.
Investment Decision: A streamlined approach is used to facilitate quick decisions.
Growth Partnership: Post-investment, the fund provides hands-on support in areas like customer discovery, hiring, and refining pricing models
What an Applicant can Obtain
Capital: Access to early-stage venture funding to bridge critical rounds.
Mentorship: Active support from a network of nearly 50 investors, including seasoned operators and functional leaders.
Resources: Access to Rev1 Ventures' venture studio resources and strong corporate partner network.
Follow-on Support: Guidance to prepare for institutional seed rounds and beyond.
Welcome to Spark XYZ
Applications for 71/70 Angels are open. We'll get you started after you sign up.
