Does Tuneup Ventures charge a fee for facilitating the group investment?
The registration period for prospect group funding is free. We do not charge angels in the pre-funding stage, although Tuneup ventures had burned legal and accounting cost up to this stage. When the pre-funding is completed and a fair agreement is reached with the startup we will charge angels 7% of angel’s investment as success-fee.
A community builder, facilitator, startup mentor and angel investor. Koorosh has inspired and built teams in Canada and the UK as well as several emerging markets. He consults with VCs, funds, angel groups and startups on funding, financial planning, deal structuring, niche validation, pivoting, and go-to-market strategy.