Ault Krug Ventures

We’ve since grown the syndicate to several hundred backers and have deployed over $3MM, with realized returns of over 7x We invest anywhere between $100k and $1MM, with an average of $300k, into companies of all stages That said, we typically find ourselves investing pre-seed, before the company has achieved product-market fit We love helping founders clarify their vision and direction, and equally importantly, how to communicate them

We’re incredibly people driven (especially for early-stage), provided the market they’re attacking is new, or if the solution in question would obviously represent a 10x improvement provided proper execution (and a little luck!) We value authenticity and curiosity in our founders beyond all else They just had to found the company they did, for motivations unique to them We don’t know anybody quite like them The other major thing we look for early is openness to feedback, ability to learn quickly, and ability to execute ruthlessly

If the above checks out, we’re willing to put in the time, even if all the ‘big names’ have passed, or the founder is unpolished and not privy to how the valley works As founders progress, we work closely with several top-tier funds whom we can connect our founders with

While we’re pretty sector agnostic, some of the areas we’ve invested in the past include fintech, biotech, healthcare, crowdsourcing, food automation, and traditional SaaS One thesis we’ve been investing a lot in lately is in off-the-shelf hardware products that utilize advanced software techniques to provide valuable services at a far lower cost than custom hardware, which is notoriously expensive to scale

Are you an early stage founder, or a VC who wants to connect with us? Shoot us an email at: contact@aultkrug com Want to stay up to date on future announcements, blog posts, events, and podcasts? Please leave your email here

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In addition to AK Ventures, Joey serves as co-Chief Investment Officer at Pantera Capital, where he helps manages their digital asset funds He is also the cofounder of Augur, a decentralized prediction market platform and solution to the oracle problem designed to allow people to speculate on anything Augur was one of the first projects on on Ethereum, and the first ever to ICO Prior to Augur, Joey attended Pomona college, where he built a point of sale system enabling Bitcoin payments with sound and Bluetooth

• Pantera Capital, Co-Chief Investment Officer • Augur, Cofounder In addition to AK ventures, Henry cofounded Beam, a cryptocurrency designed top-down for payments, along with Joey, Ryne Saxe, and Ryan Breslow in 2017 Before Beam, he worked in a variety of roles across venture capital and startups, including investment diligence, community management, software engineering, and orchestrating one of the first token crowdsales