For every 1,000 startups there is 1 venture capitalist. We don’t see startup pitch decks often, so unsurprisingly, there are even fewer venture capital pitch decks around public. Yes, VCs have to raise money too from LPs (limited partners)!
It takes up to 2 years to raise a venture capital fund, so if you thought startup raising was hard, think again.
There are very few venture capital pitch decks around, but I know you’re interested in seeing what they look like out of morbid interest, or perhaps you are raising yourself?
This is a collection of all the decks that are publicly available, or a VC hasn’t confided in me to date (As usual, I’ll never share anything confided in confidence). There are a mix of VC, accelerators and fund of funds. It doesn’t make sense to split them into multiple blogs given the paucity of them.
It’s not as comprehensive as the startup pitch deck collection (which has taken 3 years to date to get to 90), but it’s a start.
If you have a VC deck to share, please ping me. If you’re reading this you know you could help others if you shared too.
Here is an interesting podcast on raising a fund.
Alpha Bridge Ventures
Chris Douvos, the Super LP, did a a slide by slide commentary so that you get the LP’s take on the deck. You can check out the commentary here.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Alpha-Bridge-Founders-Pitch-Deck.pdf” title=”Alpha Bridge Founders Pitch Deck”]Alternative Protein Fund
I believe they are still raising (second close). You can see their funding page here.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/AgFunder-Alternative-Protein-White-Paper-flat-and-small.pdf” title=”AgFunder-Alternative-Protein-White-Paper -flat and small”][pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/AgFunder-New-Carnivore-Presentation-flat-and-small2.pdf” title=”AgFunder-New-Carnivore-Presentation-flat and small2″]
AgFunder Grow Impact Fund
Artesian Australian Venture Capital Fund
This is the deck Artesian used to raise their $100m venture capital fund of fund focused on Australia.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Artesian-Australian-Venture-Capital-Fund.pdf” title=”Artesian Australian Venture Capital Fund”]Ark Kapital Fund I
Ark Kapital raised a $182m fund I in a mix of debt and equity funding.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Ark-Kapital-Fund-I.pdf” title=”Ark Kapital Fund I”]Awesome People Fund 2 Memo
Awesome people didn’t make a pitch deck, rather they made a memo.
They used this to raise $20m in October 2021.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Awesome-People-Fund-2-Deal-Memo.pdf” title=”Awesome People Fund 2 – Deal Memo”]CapitalX Fund 1
CapitalX raised $25M+ in August 2020.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/CapitalX-Fund-I.pdf” title=”CapitalX Fund I”]Concept Ventures Fund I
Reece Chowdhry raised a seed UK fund 1 of £50m in 2022.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Concept-Ventures-Fund-I.pdf” title=”Concept Ventures Fund I”]Contrarian Ventures Fund I
Contrarian Ventures raised £101m in 2022.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Contrarian-Ventures-Fund-I-flat.pdf”]ClearBanc $300 million in Series B
This isn’t strictly a VC deck, though it sort of is. Rose by any other name and such.
I have added commentary on the ClearBanc pitch deck there.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/ClearBanc-Pitch-Deck-flat-small.pdf” title=”ClearBanc-Pitch-Deck-flat small”]Day One Ventures
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Day-One-Ventures-VC-Pitch-Deck-small.pdf”]Earl Grey Capital Fund II Memo and Primer Deck
Earl Grey Capital raised a £20m fund in May 2022.
They share links to the team and their portfolio in links. Other information was not made public.
Earl Grey Fund II – Memo
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Earl_Grey_Fund_II_public.pdf” title=”Earl_Grey_Fund_II_(public)”]Earl Grey Fund II – Primer Deck
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/EGII-Fund-II-Primer-public.pdf” title=”EGII Fund II Primer + public”]On Deck Series-A and Accelerator
On Deck raised two funds (rounds?). They didn’t make pitch decks, they wrote investment memos instead. There are links to the memos on many blog instead. Click the images and you’ll get there.
Series-A
Accelerator
Seedcamp Fund IV
Decent deck. They proactively share their learnings. Some funny things if you know why to include ‘founders fight for our pro-rata.’
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2022/10/Seedcamp-fund-iv.pdf”]Seedcamp Fund V
Blog on the Fund V
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Seedcamp-Pitch-Deck.pdf”]Hackers/Founders
Hackers and founders have raised 5 funds to date for their accelerator. Here is fund 1 and 5.
Co-op Mexico – Venture capital fund 1 (2017)
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/MX-Venture-capital-fund-1.pdf” title=”MX Venture capital fund 1″]Co-op Mexico – Venture capital fund 1 (2016)
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/MX-Fund-01-HackersFounders-Co-op-Mexico-Pitch-Deck-2016.pdf” title=”MX Fund 01 – HackersFounders Co-op Mexico Pitch Deck 2016″]Co-op Mexico – Venture capital fund 5
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/HackersFounders-Co-op-Mexico-5.pdf” title=”HackersFounders Co-op Mexico 5″]Hack/Fund V – Publicly traded
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/hackfund-v-pitch-deck-publicly-traded.pdf” title=”hackfund-v-pitch-deck publicly traded”]Long Journey Ventures Fund I Deck
Long Journey Ventures was founded by Cyan Banister and Lee Jacobs and raised a $35m fund.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/LJV_FinalNov-redacted-flat2-small.pdf” title=”LJV_FinalNov-redacted flat2 small”]Notation capital
Fund 1
Notation are pioneering pre-seed venture capital funding in New York. You can read about their investment thesis here.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Notation-Capital-Fund-1.pdf” title=”Notation Capital Fund 1″]Fund 2
Notation closed their $27m fund 2 in February 2018 and they’ve shared their deck again. You can read about their experience here.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Notation-Capital-Fund-2.pdf” title=”Notation Capital Fund 2″]Not Boring Capital – Fund I Memo
Packy McCormick made his name creating the ‘Not Boring’ newsletter and leveraged that into becoming an investor.
Fund I Memo
He raised a $9.9m fund with his investment memo.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Not-Boring-Capital-Fund-I-Memo-FF.pdf” title=”Not Boring Capital – Fund I Memo – F&F”]Fund I Memo
He went on to (plan) to raise $25m for his fund 2.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Not-Boring-Capital-Fund-II-Memo-Newsletter.pdf” title=”Not Boring Capital – Fund II Memo – Newsletter”]OATV O’Reilly AlphaTech Ventures Fund 3 pitch deck
This is a heavily redacted Fund 3 pitch deck O’Reilly AlphaTech Ventures used to raise their fund from limited partners. It was targeted at $75m.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/OATV-Fund-III-Pitch-Deck.pdf” title=”OATV Fund III Pitch Deck”]Precursor Fund III Deck
Charles Hudson used this deck to raise a $40m fund in October 2020.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Precursor-Fund-III-Presentation-Q3-2020-Edited-for-Signature-Block.pdf” title=”Precursor Fund III Presentation Q3 2020 Edited for Signature Block”]Satgana Fund I
Satgana raised its first fund of $29m in 2022.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Satgana-Fund-I.pdf” title=”Satgana Fund I”]Shrug Capital Fund IV
Niv Dror and Moshe Lifschitz raised a $54m fund in September 2021.
Shrug Capital IV LP Email
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Shrug-Capital-IV-LP-Email.pdf” title=”Shrug Capital IV LP Email”]Shrug Founder Deck
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Shrug-Capital-Fund-IV.pdf” title=”Shrug Capital Fund IV”]Slingshot Venture Fund
This fund was setup to invest in graduates of the Slingshot accelerator in Australia. It’s a pretty detailed deck but I think their investment thesis is flawed.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Slingshot-Venture-Fund.pdf” title=”Slingshot Venture Fund”]Spacecadet Fund I
Spacecadet went all out to make their deck for LPs and made a website (you can see the Spacecadet site here so long as it is live). It is a lot of work and I wouldn’t recommend it, but up to you.
They raised a $15m fund in September 2021.
You can see the outline of the deck here:
Surge Ventures
Surge focus on energy investments out of Texas. This is the best deck available to date in my opinion, well, it’s the most detailed.
There is a fab blog about their raise here: https://kirkcoburn.com/2016/02/16/my-journey-to-raise-a-venture-capital-fund-in-houston/
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/SURGE-Ventures-Series-Seed-A-Fund-Pitch-Deck.pdf” title=”SURGE Ventures Series Seed A Fund Pitch Deck”]Susa Ventures IV and Opportunity Fund II Deck
The GPs Leo Polovets, Chad Byers, Seth Burman set out to raise a $100m IV and $200m opportunity fund in March 2021.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Susa-Fund-Deck.pdf” title=”Susa Fund Deck”]Todd and Rahul’s Angel Fund II Deck
Todd Goldberg and Rahul Vohra raised a $25m fund in December 2020.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/tr_fundII.pdf” title=”t&r_fundII”]Weekend Fund 3.0 Deck
Ryan Hoover raised a $21m fund in April 2021.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Weekend-Fund-3.0-for-public.pdf” title=”Weekend Fund 3.0 for public”]Work Life
Work Life was founded by Brianne Kimmel and has raised two fund to date on the future of work.
Work Life Fund I
Brianne Kimmel shares some comments on her deck in My pitch to Marc Andreessen, Zoom CEO Eric Yuan and investors in Work Life.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/Work-life-vc-fund.pdf” title=”Work life vc fund”]Work Life Fund II
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/WorklifeDeck.pdf”]World Fund Fund I
Raised €350m in October 2021.
[pdf-embedder url=”https://wordpress-153384-440792.cloudwaysapps.com/wp-content/uploads/2017/08/World-Fund-Fund-I.pdf” title=”World Fund Fund I”]Need help with your deck?
