Decile Access: Matador Ventures LP Fund I
$5M Seed Fund Backing US infrastructure, tech, and AI startups
Investment Terms
Frequently Asked Questions
What stage and check size?
What are the fund's terms?
How does Matador support founders after investing?
How many companies, and at what ownership?
What does the downside look like?
What's the deployment and distribution timeline?
Does the GP have prior investment exposure?*
What are the full terms?
How are GP and LP interests aligned?
What are the key assumptions and sensitivities?
Overview
The shift: AI is rewriting how software is built, sold, and used. The winners won't be incumbents adding features — they'll be companies architected around AI from day one.
The entry point: Seed is where that conviction is rewarded. Ownership is cheapest, founder relationships are formed early, and selection discipline compounds. A focused mandate — AI-native, U.S.-based — sharpens pattern recognition and speeds diligence.
The structure: Ten companies, concentrated enough to require conviction on every check. Half of capital reserved to double down on the breakout performers. Small enough that one outlier moves the whole fund.
Venture capital investing involves substantial risk, including risk of loss of all capital invested. Achievement of investment objectives cannot be guaranteed. Past performance does not guarantee future results. To see additional risk factors and considerations, please see Risk Factors and Investment Considerations.
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