Asset Manager

Updated:

SeedFunders

SeedFunders is a Florida-based pre-seed investment firm operating a membership-driven LLC model that votes on startup investments in the Southeast.

SeedFunders

SeedFunders was formed in 2014 by Craig Burson and Damon Moorer with a mandate to identify and capitalize pre-seed and seed-stage technology companies in Florida. The firm emerged from the observation that promising startups in the region were routinely forced to relocate to Silicon Valley or New York to access early-stage capital. Its member-driven structure pools contributions from accredited investors, who collectively review and vote on each potential investment. The firm invests across enterprise software, fintech, digital health, and agritech. Publicly disclosed portfolio companies include Orlando-based AI meeting assistant Fathom and St. Petersburg-based supply-chain compliance platform Resilience. SeedFunders typically writes initial checks between $100,000 and $500,000, reserving capital for follow-on rounds. The firm co-invests alongside regional and national venture funds, and its geographic focus remains weighted toward the Tampa Bay and Orlando metros. SeedFunders is structured as a Florida limited liability company with a membership model rather than a traditional limited partner fund. The firm does not publicly disclose total committed capital. In recent years, SeedFunders has expanded its educational programming for members, offering workshops on term sheet negotiations and cap table management, while maintaining a disciplined pace of approximately six to eight new investments per year. SeedFunders occupies a narrow structural space between an angel network and a conventional micro-VC. Unlike a blind-pool fund, members exercise direct voting rights on each deal, yet unlike typical angel groups, the firm employs a dedicated investment team that sources and screens all opportunities before they reach the membership. This governance model creates a high-engagement investor base concentrated in a single region — a rarity in early-stage venture.

General information

Firm type

Asset Manager

Year founded

2014

AUM

Undisclosed

Location

Region

North America

Country

United States

City

St. Petersburg

Corporate office

St. Petersburg, FL, United States

Principals

Damon Moorer

Co-Founder

Craig Burson

Co-Founder

Sector focus

Enterprise SoftwareFinTechDigital HealthAgriTech & FoodTech

Frequently asked questions

How does SeedFunders' membership voting model work in practice?

SeedFunders operates through an LLC structure where individual accredited investors become members. The firm's investment team sources and vets early-stage companies, primarily in Florida. Diligenced opportunities are then presented to the full membership, who vote on whether to proceed with an investment. Each member can decide individually whether to participate in a given deal, creating a flexible commitment structure distinct from a traditional blind-pool venture fund.

What investment stages does SeedFunders typically target?

SeedFunders focuses on pre-seed and seed-stage rounds, typically writing first checks between $100,000 and $500,000. The firm reserves capital to participate in follow-on rounds when portfolio companies demonstrate traction. Its earliest investments often occur before a company has generated meaningful revenue, with the firm prioritizing founder quality and total addressable market.

Which sectors does SeedFunders explicitly avoid?

SeedFunders has historically concentrated on enterprise software, fintech, digital health, and agritech — sectors where Florida and the broader Southeast have developed founder density. The firm has not publicly invested in sectors such as space technology, heavy industrials, or consumer packaged goods, and its stated focus remains on asset-light technology businesses.

Is SeedFunders structured as a single family office or does it operate more like a venture firm?

SeedFunders is neither a family office nor a conventional venture capital firm. It operates as a membership-driven LLC, pooling capital from numerous individual accredited investors rather than from institutional limited partners. This structure places it closer to an organized angel fund than a traditional GP-LP venture fund, though it employs a professional investment team to manage sourcing and due diligence.

How is SeedFunders related to the Florida startup ecosystem?

SeedFunders was founded specifically to address the early-stage capital gap in Florida, where startups frequently relocated to established technology hubs to raise institutional funding. The firm maintains offices in St. Petersburg and focuses its portfolio on companies headquartered in the Tampa Bay, Orlando, and broader Florida metros, often co-investing alongside regional venture funds and Florida-based angel groups.

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