Slauson & Co

Slauson & Co Research Document Investment Thesis Slauson & Co is rooted in the belief that talent is evenly distributed, but opportunity is not . Founded in 2020 by Austin Clements and Ajay Relan, the firm invests in early-stage technology companies led by founders whose lived experiences are their competitive advantage. The firm's core philosophy is that the best products are those aligned with the values of the communities they serve, particularly underrepresented and underserved populations. The firm explicitly focuses on economic inclusion, bridging the gap between Silicon Valley and entrepreneurs historically overlooked by the traditional venture capital ecosystem. This includes founders of color (Black, Latinx, AAPI), women entrepreneurs, and immigrant-founded companies serving diverse communities. Stage and Check Size Focus Slauson & Co invests at the pre-seed and seed stages , with a typical range of: Investment range: $750K to $5M per round Typical check size: Up to $2.5M Lead/Co-Lead tendency: The firm typically leads or co-leads rounds Fund sizes: Fund I ($75M, closed 2020), Fund II ($100M, closed September 2024) The firm is actively deploying Fund II capital and has also launched a Friends & Family accelerator providing $20,000 in non-dilutive capital for 20 founders across the country. Investment Focus Areas 1. SMB SaaS Slauson & Co invests in product-driven companies that empower small businesses. Key characteristics they seek: Product-led growth (not inside sales heavy) Short sales cycles through higher-volume acquisition channels Lower contract values or self-serve models Self-serve onboarding capabilities High retention and low churn metrics Customer evangelism and strong product satisfaction 2. Culturally Aligned Consumer Tech The firm prioritizes founders leveraging their lived experiences to serve underrepresented or underserved communities. Key characteristics: Founders with deep customer understanding and strong brand commitment Solutions appealing to expanding/shifting demographics Innovative products addressing previously unmet needs Recurring revenue models or links to scalable goods/services Active community engagement driving adoption Portfolio Overview Portfolio Statistics Total portfolio companies: 35-43 companies invested across both funds Fund I portfolio: 38 companies from first fund Recent investment pace: 2 new investments in the last 12 months (as of January 2026) Latest investment: December 8, 2025 in Bags (specialized finance) Founder diversity: Fund I led by 66 founders, majority from communities of color Notable Portfolio Companies Financial/Business Services: Finli - Invoice management and payment processing for small businesses Penelope.co - Fintech retirement solutions for SMBs Bags - Growth financing marketplace for small businesses Tumoni - Fintech remittances platform (US to Central America) Liquidonate - Excess inventory matching and donation platform Consumer Brands & Retail: Pressed Roots - Blowout bar for women with textured hair Sienna Naturals - Clean hair care for textured hair The Folklore Group - Ecommerce for luxury/emerging African diaspora brands A-Frame Brands - Talent-led clean beauty/personal care brands Misha's - Dairy-free dairy products SimpleCar - Flexible, debt-free vehicle ownership Slate (EVs) - Affordable electric pickup trucks Services & Logistics: Prado - Ecommerce and logistics platform for food entrepreneurs EngineEars - Audio production platform for musicians/producers Ease - Platform for managing clinical practices Fêtefully - Digital wedding and event planning El Camino - Community travel platform for solo female travelers Tourus - Property/rental touring and leasing management Charger Help - EV charging reliability platform Bundle - Materials procurement for construction SMBs Gigs - Marketplace for hourly worker economy Livin - Personal chef connection platform Route - Business management tools for commercial cleaning Loamy - Supply chain management for food manufacturers Zenblen - Automated smoothie bar Entertainment & Creative: Crate - Content search and distribution engine Heard - AI product for collecting customer insights Fctry Lab - Footwear innovation lab Cohart - Creator community and monetization platform BoxedUp - Equipment rental marketplace for content creators STEMuli - Educational metaverse platform Team The firm is led by two managing partners with complementary backgrounds. Austin Clements (Managing Partner) : Former VP of Indie Publishing at EA and principal at TenOneTen Ventures. Focus on investing in technologies that empower small business owners. MBA from NYU Stern, BA from Morehouse College. Ajay Relan (Managing Partner) : Founding Partner at Queensbridge Venture Partners, entrepreneur and community builder. Founded #HashtagLunchbag (fed 1M+ people) and Hilltop Coffee + Kitchen. Supporting Team Brittany Crockett, Head of Platform: Advocacy and communications focus Jesús Salas, Principal: Impact investing specialist, Stanford and Columbia graduate Miki Reynolds, Head of Programs: Program development, advised 350+ early-stage companies Sofia Haq, Senior Program Manager: Top 50 Most Influential Muslims award recipient Waverly Middleton, Senior Associate: Former Goldman Sachs executive in impact initiatives Clarissa Kim, Content Manager: Marketing and product background Recent Activity & Momentum Fund II Deployment Fund II closed: September 2024 ($100M) Fund status: Actively deploying capital 2025 Recognition: Both Austin Clements and Ajay Relan named to 2025 AFROTECH Future 50 list Recent investments: 2 new investments in last 12 months; last known activity December 2025 Inclusion & Impact Focus The firm publishes annual inclusion reports (2021-2024) documenting founder diversity metrics, geographic diversity, and outcome tracking. LP Base & Backing Slauson & Co is backed by leading tech companies and institutional investors: Google, Meta, Twitter, PayPal (corporate LPs) Ron Conway (arguably Silicon Valley's most famous early-stage investor) Various family offices, HNWIs, and institutional LPs Investment Process & Decision Making Decision Process: Partnership model - decisions made collaboratively by Austin and Ajay with input from the broader investment team. Warm Introductions: The firm emphasizes relationship-building and community engagement. Founder Preferences Slauson & Co seeks founders with: Lived experience advantage: Founders whose personal backgrounds inform their company mission Deep customer empathy: Understanding of underserved communities' needs Brand building ability: Founders who can build authentic, culturally aligned brands Community connection: Ability to engage with and serve communities authentically Diverse backgrounds: Black, Latinx, AAPI, women, immigrant, first-generation founders The firm explicitly states: "Your lived experience is your competitive advantage." Geographic Focus Primary focus: United States-based companies , with emphasis on Los Angeles headquarters and national reach through programs like Friends & Family accelerator. Investment Philosophy Summary Slauson & Co operates on three core beliefs: Talent is evenly distributed, opportunity is not → They find talent in overlooked communities Your lived experience is your competitive advantage → They back founders whose backgrounds inform their mission The best products are aligned with the values they serve → They believe in authentic, culturally-relevant products The firm is mission-driven but returns-focused, proving that inclusive investing can generate strong financial outcomes while advancing economic equity.