The Kerosene program is best suited for founders pursuing seed stage capital (typically round sizes of $2-$10M).
Kerosene is industry agnostic and supports most software-based companies.
All startups complete a 4 week fundraising preparation program and begin meeting investors in week 5.
During the 5 week fundraising preparation program, founders can expect to commit 5-10 hours per week.
Yes. While fundraising does require a significant amount of time and focus, it is common for founders to participate in accelerator programs while working with Kerosene.
We review all startups on a case-by-case basis. While it is recommended that founders come to Kerosene at the beginning of their fundraising journey, we may be able to work with teams already actively raising.
Our warm introductions to our VC partners lead to ~70% of Kerosene graduates receiving funding.
No, Kerosene is not a fund.
Kerosene works with 175+ vetted venture capital funds across the United States. While there are exceptions, most of these funds are industry agnostic and are active seed-stage investors.
Kerosene’s model is a combination of a monthly retainer (no long term contract) and advisory warrants. Exact fee structures are determined and agreed upon based on the stage and performance of the company.