Now Any Accredited Investor Can Invest in Texas Startups with Capital Factory and AngelList
For the past decade, Capital Factory has been building a pipeline of tech startups and investment rights and now we’re opening up to everyone through AngelList. Capital Factory has been the most active early stage investor in Texas since 2010, investing in hundreds of startups and collecting more than $100 million in pre-emptive investment rights to invest in hundreds more.
Texas continues to dominate the headlines…
- Hewlett Packard Enterprises and Oracle move to Texas
- Elon Musk relocates to Texas, building a Tesla Gigafactory and a SpaceX factory.
- Joe Lonsdale relocates 8VC and Jim Breyer relocates Breyer Capital.
- A “who’s who” list of Silicon Valley leaders moving to ATX
This shift did not happen overnight — it has been decades in the making. While the Texas weather is preferable to New York City and the cost of living preferable to San Francisco, there are many more reasons that entrepreneurs are flocking to Texas.
- Texas has a friendly business environment with NO state income tax
- Texas is the second largest state by population
- Texas has 4 of the 11 largest cities in the country by population and they are also among the fastest growing cities too
- As a standalone economy, Texas would be the 10th largest country in the world with a GDP of $1.6 trillion
- More than 50 Fortune 500 companies are now headquartered in Texas
- Texas has numerous world-class educational institutions, including Rice University and University of Texas at Austin
- To see why we are all-in on Texas, read the Texas Startup Manifesto
Capital Factory is the center of gravity for entrepreneurs in Texas.
Thousands of entrepreneurs, programmers and designers gather day and night, in-person and online for meetups, classes and coworking. With boots on the ground in Austin, Dallas, Houston, and San Antonio, we meet the best entrepreneurs in Texas and introduce them to investors, employees, mentors and customers.
Capital Factory has an early investor in many of the most successful startups in Texas over the past decade including Aceable, AlertMedia, BigCommerce, Coder, data.world, ICON, Spredfast, Storable, WP Engine and ZenBusiness.
The Capital Factory Texas Fund is backed by many of the most successful CEOs and technology investors in Texas and across the U.S., including Charles Butt, founder of H-E-B; Dean Drako, founder of Barracuda Networks and Eagle Eye Networks; and Tim Draper, of Draper Associates.
Capital Factory has partnered with AngelList Rolling Funds to better meet the needs of today’s investors.
- Standard documents keep setup costs low and automatically enable public disclosure
- Quarterly subscription means predictable capital calls and the ability to scale up or down over time
- Low overhead allows us to keep minimum investments lower to make our fund accessible to a more diverse pool of investors
The best part about this innovative fund structure is that startup entrepreneurs, mentors, and angel investors now have a seamless path to become Limited Partners. Previously, the venture capital asset class has been primarily for wealthy individuals, pension funds, and large institutions. With the introduction of Rolling Funds, any accredited investor can now easily invest with Capital Factory. We believe this provides improved diversified investment opportunities for all accredited investors as the VC space is now open for business.
If you believe in Texas, you can invest alongside us.
Read more about the Capital Factory Texas Fund on AngelList and contact Jill Klinvex, Venture Principal at jill@capitalfactory.com with any questions.
