About Engage Ventures


 

Who We Are

Engage is an independent venture fund, established and financed by some of the most influential corporations in the world.  Our mission is to strengthen collaboration and partnership between leading corporations and top entrepreneurs.

The founding companies contributing capital, expertise, time and resources include AT&T, Chick-fil-A, Cox Enterprises, Delta Air Lines, Georgia-Pacific, Georgia Power Foundation, Inc., Intercontinental Exchange (ICE), Invesco Ltd., The Home Depot and UPS.

What We Do

At Engage, we run our portfolio companies through our growth program, which we offer twice each year in Atlanta, GA – Fall (August to October) and Spring (February to May).

Founders work closely with the Engage team and executives within our LP/partner corporations to refine their go-to-market strategies and to gain access to distribution and scale.

By blocking time on corporate schedules 12 months in advance, we eliminate one of the biggest challenges in corporate // startup interaction – calendar. Engage board and operating committee members facilitate the sales and partnership process from the top-down.

At the end of the program, we host a private event where startups can present to a select, invite-only group of investors, Fortune 500 CEOs, and executives from around the country. No public pitching here. Each person in the room is someone who can make a trajectory changing impact to your company.

To date, every company we have worked with in our growth program has formed strategic partnerships or signed one or more of our corporate partners as end customers.

Our Focus

We fund companies that are close to or have already built their first product and are looking for scale and access to distribution. This typically means that companies have already found product-market fit, have raised seed funding, and have existing revenue traction.

The average incoming Engage portfolio company has $1MM in revenue run rate and has approximately $2MM in funding. Our incoming portfolio companies have had anywhere from $500k to $5MM in prior funding.

We invest in bold entrepreneurs pursuing large market opportunities with innovative and disruptive products. We are interested in a wide range of industries, particularly as our corporate partners spread across many markets. Companies should be targeting a market opportunity that is large enough to be a good fit with the venture capital financing model.

We are particularly interested in technically-leaning teams in the IoT, AI, FinTech, logistics, and blockchain spaces and business models with recurring revenue potential.

Our Model

Our standard model is we’ll invest $75,000. Terms are dependent on capital raised and your revenue and traction.

In addition to the $75,000 in initial funding (this is mostly meant to help cover increased travel costs stemming from participation, etc), Engage will co-invest larger amounts ($250k-$1MM) in subsequent financing rounds in portfolio companies.

Once we invest, we’re aligned and motivated to help you succeed. We will introduce you to advisors and potential board members and channel partners, assist with your go-to-market strategy, and help you identify the right investors.

Unlike most corporate venture capital firms, Engage is independent of each of our partner corporations. You can work with whomever you’d like, and don’t have to worry about attached strings and conflicts down the road.

Our philosophy is to be flexible and founder friendly.