Underdog’s mission is to support early stage social enterprises— organizations that use the power of for-profit business model to solve social problems. We provide funding to for-profit companies and select not-for-profit organizations, as well as talent management consulting to both camps. Underdog’s “sweet spot” for investing is in education technology and renewable energy companies that are based in the San Francisco Bay Area.
Underdog is led by Scott Saslow and a team of Advisors.
We target seed rounds, and often make introductions to other early stage investors.
Leveraging our network and expertise, we help organizations with the entire talent cycle- hiring, onboarding, learning & development, and forming Advisory Boards.
Advisory Board support, as well as the creation of earned income streams at our not-for-profit grantees.
Who is running the show? Are there at least 2 or more full-time entrepreneurs? Do they have the relevant skills- one who understands the market/ “demand” side, and one that understands the solution/ “supply” side?
Is the business easy to describe? What is the asset being built, and how protectable is it? Sorry for the cliché, but is it a “vitamin” or “painkiller”?
San Francisco Bay Area is our target so we can leverage our network.
Is the 1.0 version complete? Is there proof of demand? Reoccurring revenue?
What drives the founders? What is their vision and how hard will they fight for it? How do they plan to create and measure the social impact of their work?