Mastersfund

Mastersfund uses non-dilutive, revenue-based funding through convertible notes with payment schedules tied to company revenues. The firm targets $50K to $100K per investment in seed-stage, revenue-positive technology companies. This model aims to generate recurring investor returns within three to five years while keeping founder equity intact.

Mastersfund requires a minimum of one woman in a position of strategic and operational control, who must hold an appropriate title and receive equitable compensation. The firm invests exclusively in companies with at least one woman leader meeting that standard, though the specific role can vary.

Mastersfund invests worldwide in technology sectors where its partners' operational expertise can add value. The firm maintains offices in Seattle, Portland, Chicago, Washington, DC, and New York, but its investment mandate is global rather than regionally restricted.

Yes. Mastersfund takes a board seat on every portfolio company. This is a stated, non-negotiable part of the firm's operating model, ensuring direct governance involvement alongside its revenue-based capital.

Mastersfund contends that conventional venture capital concentrates 84% of its capital into all-male founding teams, creating an over-valued asset class. The firm uses redeemable equity and revenue-based convertible notes to keep cap tables clean, provide earlier and steadier returns, and align incentives around building profitable, sustainable businesses rather than pursuing equity dilution and unicorn outcomes.