Startups

Sign up to pitch investors from First Round, Osage, Safeguard — in a chatroom

How strong is your pitching-via-chat game?

Osage Venture Partners' (left to right) David Drahms, Sean Dowling, Bob Adelson and Nate Lentz. (Courtesy photo)

Next week, Osage Venture Partners wants you to slide into their DMs (like this).
No, but for serious: they’re hosting an online venture fair where East Coast B2B startups can pitch venture capitalists via chat.
All the venture capitalists featured in the chat have invested in local companies, whether they’re local firms like First Round Capital, Safeguard Scientifics, Edison Ventures and Osage itself, or out-of-market ones like New York’s Greycroft Partners, which backed PeopleLinx, Virginia-based Grotech Ventures, which backed Zonoff, and Boston-based Ascent Venture Partners, which led Sidecar’s recent $8 million Series B.
“Once connected in a chat, entrepreneurs have eight minutes to convince the VC of how exciting their startup is and to secure a follow-up phone call or meeting,” the event description reads.
It’s on Friday, Dec. 11 from 2-4 p.m. Close to 100 companies have already signed up and space is limited, so we’d hustle if we were you. (Osage told us that as long as you’re a B2B company on the East Coast and they still have space in the fair, you’ll get accepted.)
Register
The event is an attempt to find a way to scale the in-person interactions that turn into investments, said Osage’s Nate Lentz.
“There is a need for more interaction between start-ups and venture investors and so many of the mechanisms for doing this are in person and traditional and we thought we could try something that could scale and could be useful for venture investors and for time constrained entrepreneurs,” he wrote in an email.
It also feels like a way to break down the barriers between investors and startups and extend opportunities to entrepreneurs that might not be able to run into an investor at, say, a pricey venture capital event.
Osage is using an online chat platform from a company called Brazen that they recently invested in.
“Using our own portfolio company’s technology is also a great way to see how it really works and how it fits to our specific needs,” he said.
If it works well, Osage will do it again, he said.

Companies: Grotech Ventures / Edison Partners / First Round Capital / Osage Partners / Safeguard Scientifics
34% to our goal! $25,000

Before you go...

To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.

Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.

Donate Today
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Congress votes to reauthorize the EDA, marking a historic bipartisan effort to invest in innovation and job creation

Looking for a job? This strategy turns NotebookLM into your personal hiring coach

How Comcast selects startups for its competitive LIFT Labs accelerators

New $18M Penn project will use AI to develop RNA treatments like the COVID vaccines

Technically Media