We have already done the article "is antler worth doing" here and a lot of you are asking what exactly are the investment terms if they do offer you investment. This varies on the region but below are some of the key figures:
Investment Amount
- Antler typically invests $100,000 to $200,000 in pre-seed startups.
- In some regions, they offer $125,000 for 10% equity (e.g., Antler US).
Equity & Valuation
- Standard Deal: Around 10% to 12% equity for their investment.
- Some programs may offer SAFE (Simple Agreement for Future Equity) structures with post-money valuation caps.
Program Fees
- Many Antler cohorts include a program fee (e.g., $40,000 to $50,000 deducted from investment) to cover costs of mentorship, office space, and resources.
Follow-On Investment
- Antler often reserves capital for follow-on rounds and participates in seed and Series A rounds.
- They also help startups raise external funding through their investor network.
Key Considerations
- The terms can vary based on the region, market conditions, and specific cohort.
- Founders typically form their teams during the program before receiving investment.
- Startups must pass Antler’s internal investment committee review to receive funding.
Vlad kozul - add me on Linkedin
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Vlad has a BSc, MSc and has previous experience working in finance at Lazard, Bernstein and is a Techstars Alumni and has exited SAAS businesses.
His linkedin: https://uk.linkedin.com/in/vladkozul
