Brickyard

Check eligibility before you apply

• International teams are considered only if their visas allow at least one year unbroken in the US.
• The fund expects teams to move to Chattanooga, Tennessee, and to be in the city within 60 days of investment.

How applications work

• Read the FAQs first. If the fund feels like a fit, submit a pitch deck through the form on the site.
• The fund invests on a rolling basis, so there is no cohort deadline to plan around.
• The fund says a pass or term sheet is usually given the same day.

What the fund looks for

• A revenue run-rate that the fund sets for each team, not a fixed number.
• A team ready to move to Chattanooga and build there.

Set realistic expectations

• The fund invests in 10 to 12 new companies a year.
• The fund says it reviewed more than 10,000 decks last year and invested in 12 companies.

Brickyard is a venture fund based in Chattanooga, Tennessee, and it is run by five general partners. It invests in new teams on a rolling basis. It says it is not an accelerator and runs no programmes, cohorts or demo day, so an investment is the only way in.

How the fund works

Brickyard invests in teams as they come in, with no cohort intake. Deals are done on market terms. The site says there is no cost to build in Chattanooga. The fund prefers that a team is in the city within 60 days of investment.

The fund gives two figures for how long a team stays. Its About page says teams typically stay about 18 months. Its FAQ page says 18 to 24 months on average, with no time obligation.

Who can apply

Brickyard works with teams that move to Chattanooga, Tennessee, and build there. The fund says teams move there to build until they reach a revenue run-rate they choose for themselves. It also sets a minimum run-rate, and says that number differs for each team.

International teams can apply. The fund says their visas must allow at least one year unbroken in the US for the team to be considered.

Portfolio and activity

The fund says it invests in 10 to 12 new companies a year, and works with about 20 teams at a time. Its FAQ page says it reviewed more than 10,000 decks last year and invested in 12 companies.

Its portfolio page lists 63 numbered companies. The same page marks four of them as acquired: Brev by NVIDIA, Rollfi by PRTH, Sendspark by Xenon and Pledge by Collectly. Press coverage gives different counts for the portfolio, so read the portfolio page as the fund's own figure.

Who runs it

The fund says all five of its general partners are founder-operators with prior exits.

Location

The fund is based in Chattanooga, Tennessee, United States. Teams that join are expected to be in the city.