Spearhead Capital

Spearhead operates a platform empowering successful founders to become active angel investors. It provides participating founders with an initial $2 million fund and comprehensive back-office support, managing all administrative investment complexities. This structure allows experienced entrepreneurs to focus solely on identifying and backing promising startups, significantly expanding participation in early-stage venture capital.

Co-founded in 2018 by Jeff Fagnan, a partner at Accomplice, and Naval Ravikant, co-founder of AngelList, Spearhead emerged from a key insight. They recognized many accomplished founders possess capital and networks but are limited by time and operational demands of managing individual investments. Spearhead was thus conceived to streamline the entire process for this demographic.

Spearhead primarily serves accomplished entrepreneurs seeking to deploy capital and mentorship into new startups. Its clientele comprises successful founders eager to contribute expertise and resources back into the ecosystem. The company’s long-term vision is to cultivate a more distributed and founder-centric investment community, fostering a powerful network where experienced builders directly fuel the growth of new ventures.