Specializing in early stage and seed startup companies

About the Firm

SoCal IP Ventures is a boutique investment firm that specializes in early stage and seed startup companies. It is the venture capital affiliate of SoCal IP Law Group LLP, and primarily provides funding for purchase of legal services from SoCal IP Law Group. The venture fund and the law firm enjoy a symbiotic relationship, where the law firm secures intellectual property and advises clients on intellectual property legal and business issues, and the venture fund relieves the client from concern about how to pay for these necessary but expensive services.

Tombstones

  • All
Thesis Couture
high tech meets high heels
Urotech
medical device to treat orthopedic tissue and benign prostatic hyperplasia.
Merge Labs
VR headsets for casual gaming
Neural Analytics
robotic headset for neural disease diagnosis
Group 47
DOTS brand archival storage
Grown Rogue
fully integrated, seed to sale, cannabis brand
HomeMe
app for helping people find an apartment to rent
LiveWire Innovation
spread spectrum time division reflectometry
MobileCause
apps and back office SAAS for non-profits
Ninja Metrics
predictive analytics and automated social graph analysis
EV Connect
electric vehicle (EV) charging solutions
FuelBox
mobile device chargers

Typical Investment Profile

  1. The company is seed stage or later.
  2. The company has an open angel round of $250k-$5M with confirmed investors.
  3. Deal terms and docs are fully negotiated.
  4. We co-invest with people we know.
  5. The company is pursuing technologies and markets which we understand.
  6. The company is or will become a client of SoCal IP Law Group.
  7. SoCal IP Law Group will have already proposed a budget for IP work from now through the next round – usually 6-18 months.
  8. Our investment will be used to fund the proposed IP work.
  9. Our investment will be done using the same deal docs as all other investors, plus our form agreement that articulates the three-way relationship between the company, our fund, and our law firm.
  10. Our investment will be shown as a credit on our law firm’s books. Our law firm will charge the client normal rates, not higher or lower.
  11. If the credit is not used, it will be canceled and our investment will be reduced. This has never happened.
  12. Our investment strategy is to stick with only the seed stage, and we rarely go into follow-on rounds.