Preface Ventures

Preface Ventures is a venture firm that invests very early in a company's life. It says that in about half of its deals the founders do not yet have a company bank account, and that it is the first investor in most cases.

What Preface Ventures does

• Pre-seed investment: initial funding before a company is formally set up.
• Founder support: help through the early ups and downs, described by one founder as being in their corner.
• Company-building input: A founding partner who talks about backing new companies in interviews.

Customers and markets

Founders at the very start of a venture. Its social posts refer to portfolio companies such as Endor, TrueSource.

Key facts

• First-cheque share: Around 80 percent of its deals
• Pre-bank-account deals: Around 50 percent of its investments