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* Where Founders meet Capital * Thesis * Fund & Syndicate * Portfolio * Outsider to Insider * Team * About * Co-Investors * Testimonials * Testimonials * News * Careers * Sign Up * Contact * Pitch Where Founders meet Capital Thesis Fund & Syndicate Portfolio Outsider to Insider Team About Co-Investors Testimonials Testimonials News Careers Sign Up Contact * * * Pitch * INVESTING IN OUTSIDERS * STARTUP CREATION HAS CHANGED... WHILE THE "TECH STACK" HAS EVOLVED RAPIDLY OVER THE PAST DECADE, THE "TALENT STACK" HAS CHANGED EVEN MORE SIGNIFICANTLY. FOUNDERS ARE NO LONGER REQUIRED TO BE SILICON VALLEY INSIDERS IN ORDER TO CREATE TRANSFORMATIONAL TECHNOLOGY. NEW STACK WAS FOUNDED ON THE PREMISE THAT NEW CATEGORIES WILL BE CREATED BY NEW INNOVATORS IN NEW LOCATIONS AROUND THE WORLD. NEW STACK LEADS ROUNDS AT THE ANGEL, PRE-SEED, OR SEED STAGE. WE TYPICALLY INVEST BETWEEN $500K AND $1.5M INTO STARTUPS THAT ARE PRE-REVENUE, IN PILOTS/POCS, OR EARLY COMMERCIALIZATION. Focus Areas New Stack invests broadly across sectors and categories with an emphasis on B2B SaaS, Fintech, Supply Chain, Proptech, Healthcare, and eCommerce. Philosophy At New Stack, we invest in outsiders. Our startups don't look like what's commonly funded in Silicon Valley. The standard formula of Stanford educated, Google trained, Bay Area-located is NOT what we're looking for. We believe in mission-driven founders with an irrational commitment to their cause --regardless of location or circumstance. Themes that we look for include: * TRACTABLE: Tools that give non-experts, expert capabilities * UGV: Platforms that empower users to generate value * ACCESS TO IDLE SUPPLY: Activating idle capacity * TROJAN HORSE: Targeted beachhead provides access to broader opportunity * NETWORK EFFECTS: Value increases as users increase * BD INNOVATION: Customer acquisition strategy is as novel as the product * COMPETING W/ NON-CONSUMPTION: Turning non-consumers into consumers * MOUNTING LOSS: As individual usage increases, switching costs increase * * PORTFOLIO NEW STACK IS A PROUD INVESTOR IN AND PARTNER WITH THE COMPANIES BELOW * HELPING OUTSIDERS BECOME INSIDERS ASK ABOUT OUR NEXT ROUND PLAN PROCESS -- WHERE WE EMPOWER STARTUPS TO GET THE ATTENTION THAT THEY DESERVE FROM TIER 1 VCS * NEW STACK TEAM NICK MORAN GENERAL PARTNER Developer-> M&A-> Product Mgr-> VC Prior to New Stack, Nick worked for Danaher (NYSE: DHR) in M&A and Product Management. There he developed one of the most successful products in the company's history -- an analytical device for testing compounds in drinking water at nano scale. In addition to investing, Nick founded the 1st Venture Capital podcast, The Full Ratchet. J.R. MORAN CHIEF OPERATING OFFICER Attorney-> Angel-> VC J.R.'s career spans 15+ years as an attorney, in which he developed expertise in patent litigation, representing a variety of inventors and corporations. He has successfully litigated $B+ through patent infringement suits and licensing. J.R. has also worked extensively in the venture space, including venture capital fund formation, venture capital financing, startup formation, and corporate matters. AUSTIN JU DEAL LEAD Growth Marketing -> VC Prior to New Stack, Austin helped early-stage startups nail their customer acquisition and top-line growth metrics through paid acquisition and product optimization. He's worked with startups including a global rideshare service, an IoT Smart Home security system, and a Millennial/Gen Z focused e-commerce brand. These efforts led him to venture capital, beginning as a scout in Los Angeles and now as an analyst for New Stack. NATE PIEROTTI PRINCIPAL Founder -> VC Prior to New Stack, Nate co-founded Monarc, a deepTech / Robotics company in the sportsTech space. There he served as CEO and led product development, prior to exit. Nate also helped design and engineer Monarc's products, receiving multiple patents for his work. His experience ultimately led him to venture capital where he is passionate about deepTech, marketplaces, and all things consumer. MARK LADD ADVISOR Marketing-> BD-> Design Prj Mgr-> Founder-> VC Mark has 25+ years of management experience leading design and technical innovation for multi-national A/E/C and emerging tech companies. Mark is the Founder/ CEO of LyteShot, an immersive augmented reality (AR) gaming platform leveraging the cloud and connected devices. Mark leads Malex Enterprises and was an early investor in Build A Bear Workshop (NYSE: BBW). ZEKE TREZISE ANALYST Marketing-> Prod Mgmt -> VC Prior to New Stack, Zeke worked several marketing and sales related roles, selling everything from cars to collector coins. As an undergraduate, Zeke led his university's marketing club and became a region lead for New Stack's fellowship program. This experience led Zeke to join the team full time as a student of enterprise SaaS and marketplace concepts. * * CO-INVESTORS * HEAR FROM THE FOUNDERS * FOUNDER QUOTES "THERE IS NO QUESTION ABOUT THE VALUE THAT AN EXPERIENCED VETERAN LIKE NICK CAN BRING TO AN EARLY-STAGE STARTUP. WITH HIS EXPERIENCE IN DEALING WITH HARDWARE COMPANIES, HE HELPS US IDENTIFY AND PROPERLY MEASURE THE KEY METRICS THAT TRULY CAN PROPEL US TO THE NEXT LEVEL." WILLIAM ST-PIERRE, CHARLES HA, AND JONATHAN LEFEBVRE, CO-FOUNDERS, MECHASYS FOUNDER QUOTES "NOBODY – AND I MEAN NOBODY – IN CHICAGO CAN OFFER SUCH SAGE ADVICE WHEN IT COMES TO SEED STAGE HARDWARE STARTUPS THAN NICK MORAN. AFTER A CAREER OF BEING HIGHLY SKEPTICAL OF THE VALUE WHICH PROFESSIONAL INVESTORS ACTUALLY BRING TO STARTUPS, NICK HAS SINGLE-HANDEDLY CHANGED MY MIND. IF YOU HAVE THE OPPORTUNITY TO WORK WITH NICK, TAKE IT!" RICHARD STOKES, FOUNDER, WINSTON FOUNDER QUOTES "PASSIONATE, HUSTLERS, AND THOUGHTFUL INVESTORS. ALWAYS HELPING AND PUSHING ENTREPRENEURS TO GIVE THEIR BEST. FROM CONNECTING US WITH AN ENTIRE NETWORK OF INVESTORS TO INTRODUCING POTENTIAL CUSTOMERS AND PARTNERS, THE NEW STACK TEAM ADDS VALUE FROM THE TRENCHES SINCE DAY 1." JULIAN ORTIZ, CO-FOUNDER, ADAVIV FOUNDER QUOTES “OUR INVESTMENT ROUNDS WERE HIGHLY COMPETITIVE AND CHOOSING INVESTMENT PARTNERS WAS DIFFICULT. ULTIMATELY, NICK’S REPUTATION IN THE INVESTMENT COMMUNITY AS A GENUINE AND THOUGHTFUL INVESTOR DROVE MY DECISION TO MOVE FORWARD WITH NEW STACK.” DAVID RABIE, FOUNDER, TOVALA FOUNDER QUOTES “NEW STACK EXCELS IN TWO AREAS -- THEIR RELENTLESS ADVOCACY AND THEIR NETWORK. NICK MORAN KNOWS EVERYONE. IN OUR MOST RECENT FUNDRAISE, WE HAD INTRODUCTIONS TO NEARLY EVERY SINGLE SEED STAGE FUND ON OUR SHORTLIST -- THIS TYPE OF ACCESS IS, IN MY EXPERIENCE, UNPRECEDENTED FOR COMPANIES AT OUR STAGE. I CAN SAY UNEQUIVOCALLY AND WITHOUT ANY HESITATION THAT NICK AND THE NEW STACK TEAM ARE AMONG THE ELITE PRE-SEED INVESTORS IN THE COUNTRY. WORK HARD TO GET THEM ON YOUR CAP TABLE.” KAYLEE PRIOR, CO-FOUNDER OF VALT FOUNDER QUOTES “AFTER FAITHFULLY LISTENING TO NICK’S BEST-IN-CLASS PODCAST, I REACHED OUT WHILE PLANNING OUR FUNDRAISE. IT WAS AN HONOR TO HAVE NEW STACK CO-LEAD OUR PRE-SEED ROUND. NICK HAS MADE INTRODUCTIONS TO MANY BRAND NAME INVESTORS. HE DOESN’T HESITATE TO USE HIS NETWORK AND EXPERTISE TO CREATE SIGNIFICANT VALUE.” RYAN COREY, FOUNDER, CYBRARY FOUNDER QUOTES > "THE THING THAT STOOD OUT WHEN WE FIRST MET WITH NEW STACK WAS THAT THEY > DIDN'T ASK THE SAME TIRED QUESTIONS WE HEARD OVER AND OVER AGAIN FROM > OTHERS WE MET WITH - I.E "HOW ARE YOU DIFFERENT FROM {{INSERT TANGENTIAL > COMPANY IN SAME SPACE}}?". NEW STACK'S APPROACH WAS TO EVALUATE OUR > BUSINESS BASED ON THEIR FOCUS AREAS AND THEMES THEN MAKE A JUDGEMENT FROM > THERE. IT WAS REFRESHING HOW WELL THEY INSTANTLY UNDERSTOOD OUR BUSINESS, > GO-TO-MARKET, AND WHAT WERE LOOKING TO ACCOMPLISH." > > JUDE CHIY, FOUNDER, FLAMINGO FOUNDER QUOTES “NICK HAS BUILT A STRONG BRAND IN THE MIDWEST. HE’S INTERVIEWED MANY TOP VCS AND HAS A LARGE AUDIENCE OF INVESTORS AND ENTREPRENEURS. GIVEN THE RELATIVELY SMALL NUMBER OF PARTNERS WHO UNDERSTAND SMART HARDWARE, IT WAS REFRESHING TO WORK WITH AN INVESTOR THAT GETS OUR BUSINESS MODEL (AND CHALLENGES) - AND IT QUICKLY BECAME CLEAR WE WANTED THEM TO BE A PART OF OUR SEED ROUND.” JOHN RENALDI, FOUNDER, JIOBIT FOUNDER QUOTES "WORKING WITH THE NEWSTACK TEAM DURING THE INVESTMENT PROCESS WAS AWESOME. WORKING WITH THEM AFTER THE INVESTMENT WAS DONE IS EVEN BETTER. I CAN ALWAYS COUNT ON A QUICK TURN AROUND AND THOUGHTFUL ADVICE". VESS BAKALOV, FOUNDER, PLIANT FOUNDER QUOTES "THERE IS NO QUESTION ABOUT THE VALUE THAT AN EXPERIENCED VETERAN LIKE NICK CAN BRING TO AN EARLY-STAGE STARTUP. WITH HIS EXPERIENCE IN DEALING WITH HARDWARE COMPANIES, HE HELPS US IDENTIFY AND PROPERLY MEASURE THE KEY METRICS THAT TRULY CAN PROPEL US TO THE NEXT LEVEL." WILLIAM ST-PIERRE, CHARLES HA, AND JONATHAN LEFEBVRE, CO-FOUNDERS, MECHASYS FOUNDER QUOTES "NOBODY – AND I MEAN NOBODY – IN CHICAGO CAN OFFER SUCH SAGE ADVICE WHEN IT COMES TO SEED STAGE HARDWARE STARTUPS THAN NICK MORAN. AFTER A CAREER OF BEING HIGHLY SKEPTICAL OF THE VALUE WHICH PROFESSIONAL INVESTORS ACTUALLY BRING TO STARTUPS, NICK HAS SINGLE-HANDEDLY CHANGED MY MIND. IF YOU HAVE THE OPPORTUNITY TO WORK WITH NICK, TAKE IT!" RICHARD STOKES, FOUNDER, WINSTON * NEWS BTR Raises $15 Million Series A led by Insight Partners February 10, 2022 Portfolio Company BTR (Boston Technology Research), a regulatory technology company serving healthcare, life... Welby Health Partners with New Stack Ventures to Usher in a New Era of Tech-Enabled Care January 9, 2022 New Investment When it comes to healthcare, the United States has become a leader in strategic innovations to... Retail Aware Closes Oversubscribed Venture Round Led by Cleveland Avenue December 9, 2021 Portfolio Company Retail Aware announces expansion plans thanks to a latest round of capital investment, bringing... More Posts * CAREERS NEW STACK: ANALYST PORTFOLIO CAREERS: LEARN MORE. * SUBSCRIBE TO OUR NEWSLETTER Name Email Submit Comment * CONNECT WITH NSV IF YOU'D LIKE TO SUBMIT A DECK, PLEASE EMAIL TEAM@NEWSTACK.VC © 2022 All Posts × Cookie Use We use cookies to ensure a smooth browsing experience. By continuing we assume you accept the use of cookies. Accept Learn More