Dakota Capital may be the sole investor in a seed round or we may co-invest along with other venture capital firms in a larger round.

• Seed Stage: our initial investment is typically $250,000 to $750,000

• Early Stage: our initial investment is typically $500,000 to $1 million.

• Follow-on Rounds: Dakota Capital reserves roughly 60% of its fund for participation in follow-on rounds such that its total investment in each company is typically $1.5 to $4 million