What to expect from the Paloma Ventures application process

By

Poppy Trewhella

September 17, 2024

No items found.

So you’ve got a great venture idea, you’d love to partner with Paloma… what’s next?

We assess about 500 venture ideas a year and overall we’re aiming to:

  • Reach a yes or no as fast as possible so that we don’t waste your time
  • Give you the chance to assess us and get a feel for what it’s like to work with the Paloma team
  • Provide transparent and timely feedback on our thinking throughout the process

Typically ventures move through a few stages:

Stage One: Exchange info

We’d love to see your pitch deck. This is the easiest way for us to determine if you’re going to be a good fit for our venture studio*.

In return we’ll also share our info pack so you can understand how we operate in detail.

If you’d like to send us a pitch deck, you can do so at our website or by emailing it directly to hello@palomagroup.com

*Read ‘What We Look For In Ventures’ for further info

Stage Two: Meet the team & deep dive on you and your company

If you meet our criteria, your first call will likely be with our Venture Partnerships Director (Poppy Trewhella).

Poppy will have read your pitch deck and will likely have some questions for you about your venture. You’re also welcome to come full of questions for her- she’ll answer anything you want to know. This call is essentially an opportunity for us to decide together whether their is good alignment between Paloma and your venture.

If it seems like a good fit, you’ll meet some others in the team. Typically:

  • Seb Cox, Chief Venture Officer (who heads up our Ventures team)
  • Rafe Custance, Venture Principal (who leads many of our venture builds)

Together we’ll dive deeper into your product vision and the market opportunity and discuss how Paloma might approach the build.

We can also share our template term sheets and answer any questions you might have.

Stage Three: Investment memo and investment committee pitch

If things are looking promising, the team will write up an investment memo to share with the rest of the Ventures team. We’ll be championing your business and recommending we work together.

We may also ask you to pitch to the Investment Committee (you would have already met most of us!).

Stage Four: Term sheets and signatures

If it’s a yes, we’ll send you over some documentation to make our partnership official. Once these are signed we can get cracking!

The entire process can move pretty fast (anywhere from 4–8 weeks).

If you’d like to learn more about our process, are wondering if Paloma is a good fit for you, or have a burning question, you can contact us on hello@palomagroup.com

No items found.
No items found.
No items found.
No items found.