Our mission is simple. We are building a founder-friendly ecosystem of different companies that complement each other and that our portfolio companies can leverage collectively. We are building an ecosystem we wished we would have had access to back when we started our first startup.
In 2019, we founded Aurelia Ventures to serve experienced entrepreneurs with equity-free programs that have a flexible program structure, and help our founders overcome their stage-specific challenges.
At the beginning of 2022, we launched our investment company, Soana Capital, which provides early-stage capital (Angel, Pre-Seed, Seed, and Series A) on a case-by-case basis to Aurelia Ventures’s portfolio companies.
When we started Aurelia Ventures in 2019, our goal was to break apart the incubator/accelerator model that has existed for more than a decade in which founders give up ~10% equity for $100k in capital and pay on top of the equity ~$40k back to the accelerator as a program fee (yes, 98% of accelerators also take a program fee besides the ~10% in equity they have already received).
We don’t believe this is fair to the founder because the impact of the accelerator program might vary greatly, but it still costs the founders 10% of their companies.
Aurelia Ventures defines how a modern, founder-first accelerator can operate and provide value to its founders.