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Seaside Ventures

Funding the Future of Health

Austin, TX, USA

Description

Seaside Ventures does not use a typical cohort-based application portal. Instead, it operates as a standard venture fund where founders connect directly to pitch their innovations. 

  • Focus: They look for "defensible innovation" rooted in proprietary science or technology.
  • Market Alignment: Ideal applicants are building consumer health technologies, digital clinics, or AI-driven metabolic and microbiome analytics. 
  • Rolling investments and does not host its own annual public pitch competition.

Eligibility

  • Sector Focus: Startups in Healthcare, HealthTech, FoodTech, and Life Sciences.
  • Mission Fit: Solutions must focus on the "root cause" of health issues rather than just treating symptoms.
  • Scalability: The product must have the potential to improve the well-being of millions globally.
  • Geography: Primarily targets companies based in the United States, with some investments in Canada and Europe.

Process

  1. Direct Contact: Founders generally reach out via professional networks or the official website to share pitch decks.
  2. Strategic Partnership: Beyond providing capital, the firm acts as a strategic partner, assisting with foundational business modeling and operations.
  3. Go-To-Market Support: They work closely with founders to refine value propositions and execute market entry strategies.
  4. Scaling: Post-investment, they help with customer acquisition, PR, branding, and establishing strategic partnerships.

What an Applicant can Obtain

  • Capital: Access to its inaugural Fund I, which targets a total of $10 million for deployment.
  • Investment Size: Typical individual investments range from $250,000 to $250,000 USD at the early stage.
  • Operational Resources: Fractional guidance from partners in navigating regulatory paths, clinical studies, and commercialization.
  • Visibility: Assistance with targeted PR and branding to attract further talent and investors.