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Afore Capital

Afore Capital is a Pre-Seed VC with $300 million in AUM co-founded by Anamitra Banerji & Gaurav Jain. We support product-oriented founders building software companies at the very earliest stages. Our sweet spot is investing $1-2m+ into founders' first institutional round. We can lead this round alongside high value angels. At Afore, we believe that before there's a company, before there's a business, there's a product-oriented founder leading by product. The products are often raw, sometimes just rough concepts requiring a lot of imagination. They are pre-traction and pre-obvious. But they come from founders with non-obvious insights and infectious ambitions. We started Afore to back these founders at the pre-seed stage exclusively, on day zero of their journey. We bring with us 16 years of product experience and 7 years of institutional investing experience.

http://afore.vc
2-10 employees

Growth Trajectory

Afore's growth potential lies in expanding its FIR program and Afore Hive network, along with increasing investment in promising pre-seed companies across diverse sectors and geographies. They could also leverage partnerships with later-stage investors to facilitate follow-on funding for their portfolio companies. Focus on AI, SaaS, Fintech, Healthcare, Dev Tools, and other emerging technologies seems to be a key for their market expansion.

Technical Challenges

Supporting founders with raw ideas or scrappy demos
Getting initial traction and finding product-market fit.

Tech Stack

Team Size

Investors
Principal, Investor
Founder in Residence

Key Risks

High failure rate of early-stage startups could impact portfolio performance.
Competition among pre-seed investors may make it difficult to secure deals with promising companies.
Market downturns or funding availability constraints could limit investment capacity.
Difficulty in identifying and selecting promising early-stage companies.

Opportunities

Expanding the Founder-in-Residence program to new locations could attract more talented founders.
Developing AI-powered tools and resources for early-stage company building could increase the value proposition to founders.
Partnering with later-stage investors could provide follow-on funding opportunities for portfolio companies.
Leveraging the Afore Hive network to facilitate customer introductions and design partnerships could accelerate product-market fit for portfolio companies.
Investing in innovative companies across AI, SaaS, Fintech and other emerging technologies represents a high-growth opportunity.
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