Passionate about entrepreneurship. VC for 17+ years and startup founder and entrepreneur before that. Have invested primarily in Technology, Consumer/Business Services, and also Financial Services. Co-founder, former CFO of LoansUSA. Have a large national network in the VC community.
It was a real pleasure working with Trevor right from initial contact all the way to Correlation Ventures (his firm) investing in our seed round.
From the first call Trevor was different than most investors. He gave us advice on how to structure the round and coordinate the raise. But what was most interesting to me was his firm's approach of creating a score to rank investment opportunities. I am intrigued by this approach and it seems like a solution to scaling VC.
In the first call Trevor mentioned that all they need is a lead investor, 5 standard docs and they will give a decision in 2 weeks. We didn't have a lead at that time, so Trevor introduced us to a possible lead.
Fast forward two months and we had a lead. Trevor reached out to us to discuss filling our round. We sent Trevor the 5 standard docs and did a follow-up interview. As promised, within a week we got a decision and it was a YES! No repetition of classic diligence since our lead had already done that. No back and forth on terms since the lead had already done that too. A very painless process and a fast decision.
A week before closing the round, one of the investors pulled out because of disagreement with terms. I have to give Trevor high marks for discipline. Trevor rescored us based on the new information. As a CEO, it's a very trying time because you want to know if everyone else is still in. Trevor understood this need and got back to us within 24 hours to let us know that they were still on board and in fact they increased their investment amount to help fill the shortfall.
We closed the round without a problem and are on our way to building a successful business.
To summarize: It was truly a pleasure working with Trevor and I would definitely recommend Trevor to any startup raising funding.
Founder of a company Trevor Kienzle invested in
Very straight forward, professional and clear communication. An excellent co-investor if you already have a lead in your round.
Founder of a company Trevor Kienzle took an intro to
Really enjoyed speaking with Trevor -- clearly very smart, entrepreneur-friendly, and he and Correlation gave excellent feedback and turned around a decision quickly. Would definitely recommend.