What kinds of startups does Auxano invest in?
Auxano Entrepreneur Fund typically invests in companies that can innovate and scale globally. We are looking to invest sectors such as healthcare, financial services, commerce, education, software tech and deep tech.
Does Auxano provide services beyond financial resources?
At Auxano, our first criteria for investing is the potential of the entrepreneur. Therefore, we rely on their judgements for the business operations. Although as investors we understand our responsibilities, therefore we have reporting structure in place to ensure we are up to date with the company’s progress and we raise flags if there are any discrepancies with the MIS reports.
Beyond this at the request of our investee companies, we provide them Legal, Compliance and Financial guidance along with support for various business functions like Marketing, HR, Strategizing, and anything & everything where we can add value
Does Auxano participate in subsequent round?
Typically, we look forward to investing in subsequent rounds but such investments are solely dependent on performance, diligence and compliance of the company in the past.
What is the preferred sector/segment for Auxano?
We are sector agnostics and focused primarily on the growth potential and past performance. In consumer segment we scout for companies attractive to build a strong consumer proposition and in business segment companies building commercial applications at scale for the global market.
Pre-requisites to fund raising
1. The vision should be clear
2. The objective of the business should be explainable in under 10 words
3. The right investor corresponding to the life stage of the business should be approached
4. A comprehensive and easy to understand business plan should be prepared & shared.
5. The Business plan should clearly depict the milestone along with strategy for deployment of funds
Process of application for fund raising at Auxano
The best way is to be introduced through a portfolio founder who knows you personally and can vouch for you! If you don’t know anyone who can introduce you to Auxano, then just head to our pitch form, fill in your details and submit your pitch deck.
What are the components of a Pitch Deck?
1. Introduction
2. Executive Summary
3. Team
4. Product/Service
5. Opportunity Analysis
6. Problem Analysis
7. Strategy
8. Value Chain Analysis
9. Competitor Analysis
10. Value Proposition
11. Operating Model Flowchart
12. Revenue Model Flowchart
13. Growth Action Plan
14. Financials
15. Appendix (Supporting document if any, for the above)
What is Auxano's investment criteria?
Auxano prefers ventures that have achieved a degree of customer validation (product already launched in market) and are demonstrating early signs of go-to market product fit. We do not fund business plans or ideas on excel or PowerPoint. We fund only the ones in action! We do not have any typical ticket size or rigidity towards the stake. We invest in “Businesses with High Growth Potential, run by Dynamic Entrepreneurs available at Attractive Valuation”
We refer to our proprietary Play Book in order to make the most informed decision.
As per our play book, we can summarize the checklist into three broad criteria to evaluate startups
1. TAM, SAM, SOM
2. Balanced Team
3. Defensibility
Together which leads to a sustainable growth oriented dynamic business. Our pitch book does not act as a rule of thumb but a guiding principal to evaluate objectively and holistically, with least possible errors omissions.
How does the timeline appear for investing?
The timeline may vary, patience & persistence prevails. The timeline varies between 1 month from the first interaction to up to 6 months. Although we highly value time both ours & yours and under no circumstances willfully delay the process.
What are a complete “NO” for Auxano
A complete no for Non-scalable business models and businesses at the ideation stage. Beyond that everything is welcome with an open mind.