2 minute read
FRAISS Ventures
from Startup Guide Graz
by stadtgraz
Demonstrate that you have checked your concept. We want to see that you have proven that your concept works and that you have a solid understanding of your market.
Be ready to disrupt and pioneer. We are looking for ideas that are like no other: ones that are unique, original and disruptive. We are looking to solve the next real world problems before they even arise.
Know your weaknesses. It goes without saying that your team should be strong, disciplined and in it for the long term. But we also want you to be aware of any gaps in your collective skillset.
Be open, ready and willing to pivot. Things don’t always go as planned, and sometimes, to make a great idea even greater, you need to pivot and adapt.
[Name] FRAISS Ventures
[Elevator Pitch]
[Sector]
[Description] “We invest in disruptive and innovative digital startups from all industries that want to make an impact by solving real world problems. We combine years of experience and a deep understanding of technology with an unparalleled network to help startups flourish.”
All
Serial entrepreneur, investor and highly experienced startup mentor Mario Fraiss created FRAISS IT with three other founders in 2009. FRAISS IT offers investment and business support to ambitious and exceptionally original startups, and Mario brings over eighteen years of experience across all sectors, having founded his first business aged just seventeen. In 2015, he and his team set up the ventures arm of the company. Over the past six years, FRAISS Ventures has invested in a variety of startups across all industries, from agritech to service- or productbased organizations. The team looks for businesses that are disruptive and at the leading edge of technology with solutions or products that have the potential to make a real impact and solve real world tricky problems.
Startups benefit from not only a monetary injection but also FRAISS’s expertise and knowledge as a software and technology leader. “We want to help startups beyond just a purely financial investment and pride ourselves on being able and willing to support, guide and mentor the companies we work with,” says Mario. “We often act as virtual CTOs or CDOs for our startups, sharing our broad technology expertise and helping them to grow and scale at pace.” The value of the investment and partnership varies and the financial commitment ranges from around €50,000 ($59,800) to €500,000 ($590,800), but FRAISS Ventures looks at each business and relationship individually, often combining a knowledge partnership in exchange for equity or a mixture of the two.
The team is actively involved in the local startup ecosystem, and Mario is a business mentor for local incubators such as the Science Park Graz and the Gründungsgarage. He also works as a visiting lecturer at Graz University of Technology. FRAISS Ventures is a founding partner of the Carinthian and Styrian see:PORT Investor Circle, a network that brings together investors and business angels from the local area so they can exchange knowledge and work together.
[Apply to] hello@fraiss.ventures