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The Explorer Fund operates as a pre-seed investment vehicle, strategically deploying capital up to $100,000 into early-stage founders. The firm focuses on identifying and backing businesses that leverage technology to build applications for sectors beyond traditional tech, including industrials, transportation, services, utilities, and government. It emphasizes the convergence of hardware and software, vertical SaaS solutions, and tailored AI applications.
The fund was established by four partners: Rish Gupta, Andrew Moore, Lawrence Geoffrey Abraham, and Marcin Pogroszewski. Coming from Stanford, these founders shared a common interest in entrepreneurship and adventure. Their collective insight stemmed from a desire to engage with pioneering founders and a belief in the substantial opportunities arising from applying technological advancements, particularly in AI, to broader economic challenges.
The Explorer Fund targets pre-seed founders who are developing early-stage startups, primarily those based in the US or willing to relocate there, seeking initial funding rounds. The firm envisions itself as a partner to ambitious entrepreneurs, supporting their journeys to build significant companies and products that address complex problems through innovative solutions.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2025 | Litehaus | $2.0M Seed | Cornerstone VC | Emma Steele, Long Journey Ventures, Pascal Levy-Garboua |
| May 2, 2024 | TrueClaim | $2.1M Pre-Seed | — | KAYA, Liquidity Capital, Orange Collective, Rebel Fund, Surge Point Capital, Y Combinator |
| Mar 13, 2024 | Smartschool | $1.5M Pre-Seed | — | Andreas Michaelides, Konrad Howard, Michał Rokosz, Marcin Pogroszewski |