Private Equity

Updated:

SeedFunders

SeedFundersOrlando provides seed capital to pre-revenue technology startups. The firm offers mentoring and connections to accelerate market leadership.

SeedFunders logo

SeedFunders

SeedFundersOrlando provides seed capital to pre-revenue technology startups. The firm offers mentoring and connections to accelerate market leadership. It is based in Orlando, Florida.

General information

Firm type

Private Equity

Year founded

2018

AUM

Undisclosed

Location

Region

North America

Country

United States

City

St. Petersburg

Corporate office

260 1st Ave S, St. Pete, FL 33701

Additional offices

Orlando, FL · Miami, FL

Principals

Geoff Keith

Chair & CEO

Dave Chitester

Managing Partner

Kevin Dorsey

Managing Partner

Shawne Angelle

Managing Partner

Sector focus

Enterprise SoftwareDigital HealthFinTechAI/MLHealthcare Services

Frequently asked questions

Who runs investment decisions at SeedFunders?

Geoff Keith serves as Chair and CEO, managing day-to-day operations and the deal calendar for the Tampa/St. Pete chapter. Each geographic chapter — Orlando and Miami — operates with its own managing partners under the broader SeedFunders structure, but Keith centralizes investment flow and partner coordination.

How does SeedFunders source proprietary deal flow?

Deal flow comes primarily through the partners' local networks in Florida. With over 70 partners drawn from executive roles at Verizon, JP Morgan, Pfizer, and other large institutions, the group relies on introductions from operators, former colleagues, and the state's entrepreneurial ecosystem rather than broad inbound marketing.

Is SeedFunders structured as a fund or an angel network?

SeedFunders functions as a structured angel group, not a pooled venture fund. Each partner invests individually in deals vetted through a centralized calendar. The firm also operates the Seedfunders Opportunity Fund, a separate vehicle for Black entrepreneurs, which functions more like a dedicated early-stage fund.

What investment stages does SeedFunders typically target?

The firm explicitly targets startups with a minimum viable product but little or no revenue — the stage before most Florida venture capital firms engage. It aims to help companies prove product-market fit and scale initial revenue before handing them off to larger growth-stage investors.

Does SeedFunders take board seats or provide operational support?

Yes, operational involvement is central to the model. For portfolio company RxLive, SeedFunders partners Robert Kropp and Eliot Heller took board seats and provided weekly guidance on clinical strategy, data collection, and outcomes measurement — a hands-on approach repeated across the portfolio.

How is SeedFunders related to Florida Funders?

Dave Chitester, the founder of SeedFunders, also founded Florida Funders, an earlier Tampa Bay investment firm. Florida Funders operates as a separate entity that blends angel investing with a venture capital fund structure, while SeedFunders remains a pure angel network focused on earlier-stage, pre-revenue deals.

Does SeedFunders participate in follow-on funding?

SeedFunders primarily provides initial seed capital and then helps portfolio companies secure follow-on funding from larger investors. The firm positions itself as a bridge to growth-stage capital, not a multi-stage continuation vehicle.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on private equity firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More St. Petersburg Private Equity profiles