Armenia and CA (United States)
Emerging Stage
Venture Capital
SmartGate VC

About

SmartGate VC is an early-stage venture capital company focused on investing in AI-driven healthcare, biotech and security startups and powering their pre-seed to Series A transformation. The company is on a mission to be at the forefront of any breakthrough technology that holds the potential to displace the status quo and lead the market. SmartGate is vested in backing companies of Armenian foundership and through its accelerator Hero House and various university programs, is capable of spreading a wide radar to monitor for any new and promising businesses to add to its portfolio. Precision Strategique is also engaged as SmartGate’s outside CFO consultant and advisor, servicing i

Fundraising Synopsis

Building upon the success of its inaugural fund, SmartGate is raising $15M for its second fund SmartGate Seed Fund II LP, a US-incorporated partnership with a base in Glendale, California, to continue backing the most promising founders, their team and their creations. The fund had its first close at $4 million in capital commitments and has already made three portfolio investments; the managers are actively marketing the fund to new investors to reach its target by end of 2024.

Why Are We Backing This Client

  1. We strongly believe in the general partner of SmartGate and its ability to source, analyze, diligence and close on the most promising investments;
  2. The fund’s Advisory Board is comprised of high profile field experts across various disciplines who stand ready and available to assist the management in reviewing and appraising new opportunities and technologies;
  3. SmartGate’s inaugural fund has shown a 4.4x increase in value over four years of development and growth, with portfolio companies successfully raising north of $5M per every $100K that the fund has invested;
  4. We believe in the introduction of artificial intelligence in the fields of biotech will be instrumental in cracking the code on the most challenging diseases and therapeutic solutions that hold the potential to change the entire landscape of medical care and treatment advancement;
  5. The General Partner is in constant monitoring of new research and technological advancements from leading universities in the world, and we believe they will constantly be successful in being the first to be aware of highly attractive investment opportunities

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