Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Yenom Capital is a hedge fund located in Iselin, New Jersey, founded in 2022. The firm focuses on early-stage investments, particularly in pre-seed and seed rounds. With an initial fund size of $40 million, Yenom Capital aims to support startups that are innovating in sectors such as Web 3.0, DeFi 2.0, and the Metaverse.
The firm operates as an SEC-registered investment adviser and is structured as Yenom Capital LP and Yenom Capital GP LLC. Despite its hedge fund designation, Yenom Capital actively engages in venture capital activities, specifically targeting early-stage companies. The firm has built a portfolio of 13 companies since its inception, demonstrating a commitment to fostering growth in the technology and finance sectors.
Yenom Capital's investment strategy emphasizes collaboration with lead investors and requires that all founders are working full-time on their startups. This approach ensures that the capital provided is directed towards growth rather than founder salaries, aligning the interests of the firm and the entrepreneurs it supports.
Yenom Capital invests between $25,000 and $250,000 in early-stage startups, specifically in the Web 3.0, DeFi 2.0, and Metaverse sectors. The firm targets pre-seed and seed rounds, focusing on companies that demonstrate innovative approaches to technology and finance. Yenom Capital emphasizes that all founders must be fully committed to their ventures, working full-time, and that the funds provided should not be used to pay salaries to founders. This requirement underscores the firm's dedication to ensuring that its investments are directed towards the growth and development of the startups.
The firm seeks to partner with startups that are shaping the future of their respective industries. Yenom Capital's investment strategy includes a preference for collaboration with lead investors, which enhances the growth potential of its portfolio companies. This collaborative approach allows Yenom to leverage its network within the Web 3.0 and Metaverse ecosystems, providing additional resources and support to its investments.
Yenom Capital's portfolio includes a diverse range of companies that are making strides in the Web 3.0 and DeFi sectors. Notable current investments include:
Yenom Capital has also achieved notable exits with companies such as ChainNinja, MyCareer, PublicStuff, Slintel, and nCore Games, showcasing its ability to identify and support successful ventures.
Taj Haslani - Founder & Chief Investment Officer. Taj Haslani has been leading Yenom Capital since its inception in July 2022. He is also the founder of ApTask, a staffing company established in 2010, and co-founder of Hudson Data, which specializes in AI and machine learning analytics. His expertise lies in identifying promising startups and guiding them through the early stages of growth.
To pitch Yenom Capital, founders should email taj@yenom.ai with a detailed pitch deck. The deck should include information about the business model, market opportunity, and team background. Yenom Capital prefers startups that align with its focus on Web 3.0, DeFi 2.0, and the Metaverse. A clear articulation of the startup's growth strategy and how the investment will be utilized is essential. Response times may vary, but founders can expect to hear back within a few weeks.
Since its founding in 2022, Yenom Capital has been actively building its portfolio, investing in a range of companies within its focus sectors. Notable investments include high-profile names like Neuralink and SpaceX, indicating the firm's commitment to supporting innovative startups. As of now, there have been no public announcements regarding recent exits or additional fund raises.
What are Yenom Capital's investment criteria?
Yenom Capital focuses on early-stage investments in the Web 3.0, DeFi 2.0, and Metaverse sectors. The firm invests between $25,000 and $250,000 in pre-seed and seed rounds. All founders must be working full-time on their startups, and funds cannot be used to pay salaries to founders.
How can I pitch to Yenom Capital?
Founders can reach out to Yenom Capital via email at taj@yenom.ai. It is advisable to include a detailed pitch deck that outlines the business model, market opportunity, and team background. A clear articulation of how the startup aligns with Yenom's focus areas will enhance the chances of a positive response.
What makes Yenom Capital different from other investors?
Yenom Capital emphasizes a collaborative approach, often partnering with lead investors to enhance the growth potential of its portfolio companies. The firm also requires that founders are fully committed to their startups, ensuring that the capital is directed towards growth rather than salaries.
What is Yenom Capital's geographic focus?
The firm primarily invests in startups based in the United States, particularly those innovating in the Web 3.0 and DeFi sectors.
What is the typical check size for investments?
Yenom Capital typically invests between $25,000 and $250,000 in its portfolio companies, focusing on early-stage funding rounds.
What kind of support does Yenom Capital provide to its portfolio companies?
Yenom Capital adds value through strategic guidance and leveraging its network within the Web 3.0 and Metaverse ecosystems. The firm emphasizes collaboration with lead investors to enhance the growth potential of its investments.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.