Allocator One | Standard Deal

A1 Winter 2025 - Applications open - Apply now

Anchor Deal

What we do

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What we offer

The A1 Anchor Deal.

We become a limited partner (LP) in your first-time venture fund. We commit €1 million of capital if you're a Solo GP. We invest up to € 3m in case you're a team of two GPs or more. We will pay 1% management fee and 10% carried interest on our commitment. We do not care whether you have any other commitments and are happy to be the first and only LP. We do not take carried interest or a share of your managing company.

How early do
you invest?

We often commit long before our GPs have any other LP commitments. Think of us as a pre-seed investor that invests in funds and their founders. We think of you as an entrepreneur building their legacy, not a bucket to deploy money into.

What types of
funds are
eligible?

We are focused on first-time venture capital funds that invest in the early stage. We rarely invest in funds that have a target size over €30 million, but there is no hard cap.

How do you
select funds?

We look for grit and determination, unique access to dealflow and demonstrated track record of professional excellence of the fund managers with a focus on successful investments.

How do you
select funds?

We look for grit and determination, unique access to dealflow and demonstrated track record of professional excellence of the fund managers with a focus on successful investments.

How do you
select funds?

We look for grit and determination, unique access to dealflow and demonstrated track record of professional excellence of the fund managers with a focus on successful investments.

Do you have any
geographic
restrictions?

We have no geographic or industry-specific restrictions when it comes to where we invest. The investment process is conducted on a fully remote basis.

What else do I get?

We invest in two batches a year, totaling around 15 first time GP teams. One of the main benefits is this cohort - it's the peer group you're leaning on while you build your fund. Our allocators are a fascinating bunch of driven individuals from all walks of life - you're going to fit right in.

We provide access to our LP network and will actively support you to raise your fund. We also support fund managers with all the paperwork and administrative tasks of setting up and running a fund. See the overview of the fund services we cover.

What is the next step to get funded?

Apply by Dec 1, 2024 for Allocator One Winter 2025

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Agnes
Aistleitner Kisuule

Founder at
First Circle Capital

“It's incredibly refreshing to find an anchor investor that will work with us on standard and transparent terms.”

If you are a fund manager with a background that’s different from the background of typical fund managers you see in the market, we strongly encourage you to apply even if you think that you will not qualify. We strongly believe in the power of diverse teams and are committed to provide support to talents that might need a bit of help to find their path to thrive.

Should I try to get a warm intro to Allocator One?

No. Having an intro call with us without filling out your application first is actually a disadvantage, statistically speaking. All of our investments to date originated through our application process.