FAQ
If your question isn't one of our most frequently asked below, contact us.
How can I apply to XRC
You can apply to any of XRC’s funds on our application page here.
Why should I apply to XRC?
XRC is a leading investor with a proven track record of success in helping startups thrive in the dynamic retail technology, consumer, and healthtech landscape. Our team and network of industry experts offer a unique combination of deep expertise, extensive industry connections, and personalized support to empower startups to achieve their full potential.
XRC’s strength begins with our partnerships with leading retailers, brands, and industry experts, granting startups access to an invaluable network of potential customers, mentors and investors. Additionally, we collaborate closely with over 50 other leading retailers, manufacturers, and healthcare providers, providing you with unparalleled access to industry insights, connections, and pilot opportunities.
Join XRC and harness our expertise, network, and resources to transform your startup into a success story.
What are the XRC Funds?
XRC has 3 funds that invest across the retail tech, consumer healthcare, and consumer goods landscape at different stages.
The XRC Accelerator Fund invests in pre-seed companies in retail technology, and consumer healthtech. The Accelerator Fund provides startups with capital, mentoring, 1:1 operational support, and exclusive access to a prestigious network of entrepreneurs, investors, and industry leaders. See our Accelerator Fund investments here.
The XRC Opportunity Fund invests in post-Seed to Series A companies in the next generation of retail technology and consumer healthtech companies. We co-invest alongside top venture capital funds and provide follow-on capital to external companies as well as select XRC Ventures alumni scaling their companies beyond product market fit and achieving exponential growth. See our Opportunity Fund investments here.
The XRC Brand Capital Fund invests in Seed to Series A consumer product companies in Beauty, Personal Care, Home Goods, and Health and Wellness categories. The Brand Capital Fund leads funding rounds and partners with large strategic corporations in an innovative way. See our Brand Capital fund investments here.
What areas does XRC focus on?
We look at everything across the retail tech and consumer landscape. We fund companies improving the consumer experience, innovating within all stacks of the retail and consumer goods supply chain, and enhancing aspects related to retail experience and operations. We’re interested in startups who focus on new materials/textiles & manufacturing, warehouse & supply chain tech, in store & e-commerce tech, and physical goods, including consumer healthtech.
What is XRC not focusing on?
We focus widely across the retail and consumer goods space with the exception of Alcohol or Cannabis sectors. We also no longer invest in consumer goods companies at the pre-seed stage.
What terms does XRC typically ask for?
XRC’s Accelerator Fund invests $200,000, including a $50,000 accelerator fee, on a post-money SAFE in return for 7% of each company selected. The Opportunity and Brand Capital funds invest in priced seed and series A rounds at market rate valuations.
Do you require my startup to be a U.S. C Corporation?
Yes, XRC will only invest in U.S. Delaware C Corporations. If you have an LLC or foreign entity, we will require you to “flip” the company to a U.S. C Corporation. Many companies have done this in the past. We require this to make your startup as attractive as possible to U.S. investors.
Can I do anything to improve my chances? Such as emailing mentors to get their interest or scheduling a visit?
No, please don’t. We receive a huge influx of applications and have a very specific process for a reason: to keep the playing field level and fair.
What sort of control am I giving up by granting equity to XRC Ventures?
None. We are just an early helpful investor. We don’t want any special or controlling interests in your company. We won’t ask for a board seat or for any uncommon investor rights. It’s your baby. You nurture it in the way that makes the most sense to you and your teammates.
How do you choose which companies to fund?
Great teams are worth as much or more than great products any day of the week because environments change and great teams change with them.
We will choose great founders proposing products that solve real problems or create meaningful innovations. For us, it’s about the team.
Can I apply if I'm not from the United States?
Yes. We have accepted overseas founders in the past and love getting applications from all over the globe. In order to invest, we will require that your company convert to the Delaware C-Corp.
Can I apply if our company or founders are not from the USA? Can you help with Visa/immigration issues?
Yes, you can apply, but no, we can’t help with visa or immigration issues beyond connecting you with those in our network with expertise in these areas. We will not be able to sponsor you.
I'm concerned that if I apply, you won't protect my intellectual property. Should I be worried about this?
No. We will protect your application as confidential information.
Our objective is to accelerate and propel your startup to the next level. If you believe your idea is so easily duplicated and requires no execution effort, then maybe investment is not right for you. For this and other practical reasons, please don’t ask us to sign an NDA.
I don't have an idea yet, but I'm a strong developer or designer looking for a great opportunity. Does XRC Ventures have a way to help me?
Formally, not yet. Informally, yes. Ping us, and we will try to connect you to folks looking for a co-founder that complements your skillset.