Investor profile

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SoundBoard Venture Fund

Micro-fund

USB2B SaaSAI/MLFintechHealthtechClimateDeep TechEnterpriseOther

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Investment thesis

SoundBoard Venture Fund is a collaborative early-stage fund that leverages the diverse perspectives of its LPs to make investment decisions through a facilitated, community-driven process. The fund targets 'understandable' post-concept businesses raising Seed or Pre-Series A rounds that demonstrate a scalable competitive advantage, with a particular focus on entrepreneurs in underserved geographies outside the core startup ecosystems (primarily within 150 miles of metropolitan New York City). While relatively industry-agnostic, SoundBoard has specific interest in agriculture, manufacturing, infrastructure/transportation, real estate/construction, food & beverage, education, and healthcare services. A defining pillar of the fund's approach is rigorous leadership assessment — evaluating founders and their teams on culture and human capital both before and after investment.

Notable quotes

I never wanted to compete against the West Coast. There's a great ecosystem in the Valley and in the Bay Area. They've got great investors, great entrepreneurs, just generally great talent. They don't need another micro fund coming out then. Instead, we were focused on New York Metro because there wasn't a lot of activity here.

Jonathan Hakakian · The OpenVC Podcast, Episode 20 · 2025-03-16

We're probably close to about 12 to 15 [million deployed] at this point.

Jonathan Hakakian · The OpenVC Podcast, Episode 20 · 2025-03-16

The Fund was born from Jonathan's involvement in the Mid-Atlantic startup scene (Washington DC to NYC), along with his experience in coaching entrepreneurs and consulting into their organizations. From his extensive knowledge of the entrepreneurial journey and general business strategy, he has been able to work with entrepreneurs to structure atypical agreements and provide innovators with a valuable network of investors.

Jonathan Hakakian · SoundBoard Venture Fund website — team page

Team

Jonathan Hakakian

Co-Founder & Managing Director

B2B SaaSDeep TechOther

Richard Magid

Co-Founder & General Partner

EnterpriseOther

Michael Hepp

General Partner & Investment Committee Member

Other

Olu Fajemirokun-Beck

General Partner & Investment Committee Member

Other

Steven Levy

General Partner & Investment Committee Member

EnterpriseOther

Veronica Fey

Operations & Analysis

Other

Recent investments

CompanyRoundSizeDate
TRIC RoboticsSeed2025-07-23
OTONOMISeed$3m2022-10-18
SunRay ScientificSeed2022-08-01
VoiceScriptSeed$2m2022-04-01
WearWorksSeed
OoneeSeed
Fund That FlipSeed
JUMP BikesSeed
EnertivSeed
GreenIRRSeed

Frequent co-investors

Fit check

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