Purpose Built Ventures invests in startups working to increase human health, expand an individual’s economic opportunity, and improve the public sphere. The goal is extraordinary financial returns through working on some of society's biggest problems using technology-based solutions. Founders who are mission-oriented in addition to wanting to grow are at an advantage in the competition for talent and customers, and these companies attract other top tier investors.
About your syndicate lead:
Miles Lasater has invested in and advised dozens of companies at the earliest stages including Altschool, Honor, Remix, Notable Health, and Thunder.
Starting his career as an entrepreneur while still a college student, he co-founded Higher One in his living room. As senior exec and later board chair, he led the company from idea to $200mil+ revenue, 900+ employees and IPO including making multiple acquisitions. He was proud to champion internal culture and values including open communication and client service. Higher One also ranked highly on the national Great Place to Work list twice as well as Inc 500 and multiple other fast growth lists. Miles was an Ernst & Young Entrepreneur of the Year regional winner and national finalist. Miles went on to start two other venture-backed startups, SeeClickFix (SaaS for government) where he serves on the board and OneUni (higher education via smartphone).
Purpose Built Ventures will be syndicating deals where we have enough allocation and the founder agrees. Investments may include certified B Corps and Public Benefit Corporations. Please keep in mind the inherent high risks of angel investing. Please only invest money that you can afford to lose as there are no guarantees of success or of getting any of your money back on any particular schedule. Even with a successful company, you could have your money tied-up for a decade or longer.