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2024: M8 Ventures starts investing
- M8 Ventures began early, launching an angel syndicate in 2024 and expecting to transition to a venture fund later.
- In the same year, one of the general partners, Elaine, left for another job. Emily and Dale were then responsible for paying 50% of the fund’s operating costs each.
- In April of 2024, M8 Ventures invested in a pre-Series A round of Hola Health, leaving the company with a single startup in their portfolio.
- M8 Ventures then launched the M8 Syndicate, which became their first investment alongside InterValley Ventures in SeenCulture.
- M8 Syndicate’s second investment was Prep Local, along with Skalata Ventures, and Anna Wright was already Dale's friend.
- M8 Syndicate invested approximately $1.7M in 8 startups in Dale and Emily's partial year.
- Thanks go to Emily Rich, the cofounders of the businesses in which M8 Ventures invested, the 176+ members of the syndicate, and even the anonymous venture intern.
- The finalists focused heavily on advice for founders and making the most of investments.
- Some of M8 Ventures’ investments include Psylo, DiffuseDrive, Elita Genetics, and a company specializing in advertising insights research.
- M8 Ventures aspires to increase its number of deals and the size of average checks by attracting new syndicate members.
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