FAQs

Sodality is a unique word. Why did you choose it as a name?

All we had to do was find a word or phrase that represented us as individuals, our aspirations, our goals, and of course be easy to remember and readily available from a domain standpoint. As we were browsing through the thesaurus starting with "community", eventually Sodality popped out. We'd like to think that it does a pretty okay job fulfilling the tall order above.

Do I need to be in the Denver area to work with you?

Nope.

Do I need to have an idea already to work with you?

When we say we want to work with you as early as possible, we mean it! We believe that innovative solutions to important problems are best formed through real world experimentation and iteration - in other words, our hunch is that your “idea” is going to evolve significantly over time, so don’t let the fact that it does not yet feel fully fleshed out hold you back from applying. That said, we do expect that you have developed strong conviction and unique insight around the problem you want to solve.

What if I've already taken previous capital?

Depending on the type of capital, this may be fine. If you've already taken previous traditional Venture Capital, we might not be the right solution for you but if what we're doing is intriguing to you, don't let that deter you from reaching out.

You mention maximizing the amount of business I own. Can you elaborate?

With traditional VC once you take money, the ownership, voting rights, and control you gave up you will likely never see again. As we've mentioned before, this model might make sense for some people but likely not for most. With our model, you're given the chance to "buy back" a majority of the stake you sold during our round as your business achieves greater and greater levels of success. If all goes well, you have the potential of reaping all of the benefits of raising capital whilst having the opportunity to continue to maintain control of the direction of your company. This is not a requirement but we think that having optionality is another one of the benefits we can offer.

How much money we talkin' here?

Typical investments range from $150k-$250k depending on factors. Larger or smaller investments might be appropriate depending on your situation.

What kind of exit would be interesting to you as investors?

VC understandably focuses on exits or opportunities for investors to get their money back at a multiplier. Consequently, there is little interest in companies that have little interest in an exit. This is one of the largest differentiators between us and a traditional VC. While exits are certainly not frowned upon, if the result of your business is a growing and profitable company, we consider that a success.