• Investing in the

    Exceptions

  • Venture Capital has changed...

    The process for building and growing technology startups has changed significantly over the past decade. Fundraising must also evolve with the demands required by today's entrepreneurs. New Stack Ventures was founded on the principle that both the 'Tech Stack' and the 'Funding Stack' will continue to evolve.

    We lead rounds at the 1st Institutional Stage of Funding. This stage is often called the pre-seed, early seed, or angel round. Startups are typically pre-revenue, in pilots/PoCs, or early Commercialization.

     

    Focus Areas

     

    New Stack invests broadly across sectors, categories, and business types. The team has unique expertise in the following areas:

    • HardTech, IoT, Deep Tech
    • Marketplaces, Platforms
    • SaaS for Legacy Industries
     
    Philosophy
     
    At New Stack, we invest in the exceptions. Our startups often don't look like what's commonly funded in Silicon Valley. They are located outside of SF and NYC. The standard formula of Stanford educated, Google trained, Bay Area-located is NOT what we're looking for. We believe in mission-driven founders with an irrational commitment to their cause --regardless of location or circumstance.

     

    Themes that we look for include:

    • TRACTABLE: Tools that give non-experts, expert capabilities
    • UGV: Platforms that empower users to generate value
    • ACCESS TO IDLE SUPPLY: Activating idle capacity
    • TROJAN HORSE: Targeted beachhead provides access to broader opportunity
    • NETWORK EFFECTS: Value increases as users increase
    • BD INNOVATION: Customer acquisition strategy is as novel as the product
    • COMPETING W/ NON-CONSUMPTION: Turning non-consumers into consumers
    • MOUNTING LOSS: As individual usage increases, switching costs increase
  • Portfolio

    New Stack is a proud investor in and partner with the companies below. Our entire portfolio, including smaller angel investments, can be found here.

    Retail Aware
    Neu Cleaners
    Shotcall
    Phood
  • New Stack Team

    Nick Moran

    General Partner

    Developer-> M&A-> Product Mgr-> VC

    Prior to New Stack, Nick worked for Danaher (NYSE: DHR) in M&A and Product Management. There he developed one of the most successful products in the company's history -- an analytical device for testing compounds in drinking water at nano scale. In addition to investing, Nick founded the 1st Venture Capital podcast, The Full Ratchet.

    J.R. Moran

    Chief Operating Officer

    Attorney-> Angel-> VC
    J.R.'s career spans 15+ years as an attorney, in which developed expertise in patent litigation, representing a variety of inventors and corporations. He has successfully litigated $B+ through patent infringement suits and licensing. J.R. has also worked extensively in the venture space, including venture capital fund formation, venture capital financing, startup formation, and corporate matters.

    Austin Ju

    Deal Lead

    Growth Marketing -> VC

    Prior to New Stack, Austin helped early-stage startups nail their customer acquisition and top-line growth metrics through paid acquisition and product optimization. He's worked with startups including a global rideshare service, an IoT Smart Home security system, and a Millennial/Gen Z focused e-commerce brand. These efforts led him to venture capital, beginning as a scout in Los Angeles and now as an analyst for New Stack.

    Nate Pierotti

    Deal Lead

    Founder -> VC

    Prior to New Stack, Nate co-founded Monarc, a deepTech / Robotics company in the sportsTech space. There he served as CEO and led product development, prior to exit. Nate also helped design and engineer Monarc's products, receiving multiple patents for his work. His experience ultimately led him to venture capital where he is passionate about deepTech, marketplaces, and all things consumer.

    Mark Ladd

    Venture Partner

    Marketing-> BD-> Design Prj Mgr-> Founder-> VC

    Mark has 25+ years of management experience leading design and technical innovation for multi-national A/E/C and emerging tech companies. Mark is the Founder/ CEO of LyteShot, an immersive augmented reality (AR) gaming platform leveraging the cloud and connected devices. Mark leads Malex Design, a consultancy developing solutions bridging virtual and built environments. Early investor in Build A Bear Workshop (NYSE: BBW).

  • Hear from the Founders

  • Founder Quotes

    "Nobody – and I mean nobody – in Chicago can offer such sage advice when it comes to seed stage hardware startups than Nick Moran. After a career of being highly skeptical of the value which professional investors actually bring to startups, Nick has single-handedly changed my mind. If you have the opportunity to work with Nick, take it!"

    Richard Stokes, Founder, Winston

    Founder Quotes

    "Passionate, hustlers, and thoughtful investors. Always helping and pushing entrepreneurs to give their best. From connecting us with an entire network of investors to introducing potential customers and partners, the New Stack team adds value from the trenches since day 1."

     

    Julian Ortiz, Co-Founder, Adaviv

    Founder Quotes

    “Our investment rounds were highly competitive and choosing investment partners was difficult. Ultimately, Nick’s reputation in the investment community as a genuine and thoughtful investor drove my decision to move forward with New Stack.”

    David Rabie, Founder, Tovala

    Founder Quotes

    “New Stack excels in two areas -- their relentless advocacy and their network. Nick Moran knows everyone. In our most recent fundraise, we had introductions to nearly every single seed stage fund on our shortlist -- this type of access is, in my experience, unprecedented for companies at our stage.
     

    I can say unequivocally and without any hesitation that Nick and the New Stack team are among the elite pre-seed investors in the country. Work hard to get them on your cap table.”

    Kaylee Prior, Co-Founder of Valt

    Founder Quotes

    “After faithfully listening to Nick’s best-in-class podcast, I reached out while planning our fundraise. It was an honor to have New Stack co-lead our pre-seed round. Nick has made introductions to many brand name investors. He doesn’t hesitate to use his network and expertise to create significant value.”

    Ryan Corey, Founder, Cybrary

    Founder Quotes

    "The thing that stood out when we first met with New Stack was that they didn't ask the same tired questions we heard over and over again from others we met with - i.e "How are you different from {{Insert tangential company in same space}}?". New Stack's approach was to evaluate our business based on their focus areas and themes then make a judgement from there. It was refreshing how well they instantly understood our business, go-to-market, and what were looking to accomplish."

    Jude Chiy, Founder, Flamingo

    Founder Quotes

    “Nick has built a strong brand in the Midwest. He’s interviewed many top VCs and has a large audience of investors and entrepreneurs. Given the relatively small number of partners who understand smart hardware, it was refreshing to work with an investor that gets our business model (and challenges) - and it quickly became clear we wanted them to be a part of our seed round.”

    John Renaldi, Founder, Jiobit

    Founder Quotes

    "Working with the NewStack team during the investment process was awesome. Working with them after the investment was done is even better. I can always count on a quick turn around and thoughtful advice".

    Vess Bakalov, Founder, Pliant

    Founder Quotes

    "There is no question about the value that an experienced veteran like Nick can bring to an early-stage startup. With his experience in dealing with hardware companies, he helps us identify and properly measure the key metrics that truly can propel us to the next level."

    William St-Pierre, Charles Ha, and Jonathan Lefebvre, Co-Founders, Mechasys

  • News

    Elizabeth Santiago Guest Profile: Interview Guest: Nick Moran (@TheFullRatchet)   Role: General...
    Elizabeth Santiago Techcrunch recently published their TC List - "a directory of the most...
    Elizabeth Santiago Today, New Stack Ventures announced the hiring of Nate Pierotti as Deal Lead...
    More Posts
  • CAREERS

    @New Stack

    Link to Open Roles Concludes with an Application Link:

     

    Fellowship: Cohort beginning in January 2021

    Deadline: November 30, 2020

  • Connect With NSV

    If you'd like to submit a deck, please email team@newstack.vc

    If you'd like to schedule time with Nick, you can do so here.

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