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Overview

Susa Venture Fellows is Susa Ventures' fellowship for venture-backed founders, operators at top companies, exceptional students, and emerging investors who want to scale from writing personal checks to investing with a platform. The official page says each fellow is paired one-on-one with a Susa partner, sources and diligences deals, reviews them with a partner for potential Susa investment, and can independently deploy small checks from Susa into companies.

Investment focus

The fellowship supports seed-stage investing and deal sourcing across Susa's broad early-stage technology thesis. Official and secondary sources emphasize venture-backed founders, operators, students, AI, logistics, fintech, B2B/software, frontier, and fellow-led deal/community networks rather than a single sector mandate.

Program details

Designed for Founders, Operators, Students. The program is hybrid. Participation is generally part time.

Who it is for

The official page targets venture-backed founders, operators at top companies, and exceptional students. A 2026 Susa/KP Fellows Waterloo mixer says the fellowship has included students from top universities and engineers from companies including OpenAI, xAI, and Modal.

Check if you are eligible

Check your eligibility for Susa Ventures Fellowship

Admissions and application

Official FAQ says applications are reviewed on a rolling basis, the first 2025 review began September 12, 2025 with interviews the following week, and additional applications were reviewed as space permitted. Current page says the 2025 cohort is finalized and candidates should check back Summer/Fall 2026.

Benefits

Fellows get one-on-one partner mentorship, source and diligence their own deals, and review opportunities with a Susa partner for possible investment by Susa. The official page says fellows can independently deploy small checks from Susa into companies, and gain direct exposure to the firm's deal flow, LP network, and invite-only events.

Timeline

The program lasts for 4 months, with a cohort size of 10 fellows selected annually.

What came of it

Program alumni have joined prominent venture firms, founded startups, launched their own funds, and become prolific angel investors.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

  2. Have something to show

    Programs pick people whose work they can already point to. Put yours where it can be found.

  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

Compensation type is micro-fund, with authority to deploy Susa capital into portfolio companies.

Questions about this program

How long is the Fellowship?

Four months, September through December.

How many hours per week?

About five, split between class, sourcing and mentor calls.

Is it paid?

Yes—a monthly stipend plus 20 percent of Susa’s carry on your sourced deals.

Do I need VC experience?

No. Hustle, network and founder empathy are the key criteria.

Do I have to attend in‑person weekends?

Strongly encouraged but not mandatory; all sessions are streamed.

Can international scouts apply?

Yes, if you have meaningful North or Latin American deal flow.

What sectors does Susa prefer?

Community‑driven SaaS, logistics, fintech and frontier tech.

How many fellows per cohort?

Roughly 25 to maintain intimate feedback loops.

Will I get a job at Susa?

Outstanding fellows may be invited to return as venture partners or associates.

When do applications open next?

June 2026 for the Fall 2026 cohort.

About Susa Ventures

Susa Ventures

Venture Capital

Investing in the next generation of innovators.

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From public sources

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