9Mile Labs

9Mile Labs is a Seattle-based accelerator and seed-stage venture fund focusing on enterprise technology startups. They partner with top accelerators across the country to invest in promising early-stage companies, providing funding and mentorship to help entrepreneurs transform startup ideas into success. Their investment strategy includes making small investments of $50-100k in each company at a valuation of $1-3M, targeting companies with complete teams and evidence of deep customer validation.

Since its founding in 2013, 9Mile Labs has invested in numerous pre-seed stage companies, many of which have gone on to raise subsequent rounds of funding and achieve significant progress in product development and customer acquisition. The firm has consistently increased the aggregate book value of its portfolio, reflecting its commitment to supporting the growth of enterprise B2B startups. By partnering closely with a growing number of accelerators, 9Mile Labs has been able to invest in a broadly diversified set of companies from all over the country, plugging a unique gap to support early-stage startups before they raise their seed round of capital.

Investing in startups is a challenging proposition, especially at the earliest stages. 9Mile Labs believes that their strategy, which focuses on investing in startups just entering their respective accelerator programs, is broadly beneficial to entrepreneurs, other accelerators, and to 9Mile Labs itself. They look forward to making great investments over the next couple of years, continuing to support the growth and success of enterprise B2B startups across the United States.