FCA Investment Criteria
We look for early to growth stage businesses that are capital efficient with scalable and disruptive business models. Companies typically have between $500K and $2M of annual revenue with a proven product and customer base.
We invest $2M - $6M. We often invest $2-3M as an initial investment and then hold reserves for follow-on investments as companies need more growth capital.
We look to establish a meaningful ownership percentage of 20-40% in each company and serve as the lead investor for every deal. We require a board seat and assist management in building their businesses.
FCA is focused on investing in companies in Healthcare IT, as well as Technology industries.
Our companies are led by strong management teams with sector specific expertise and a passion for building businesses. Our entrepreneurs often have previous entrepreneurial success.
Companies are often technology enabled services that make the customer's life more efficient and save them time and money.
FCA Example Investment
Entrada Health is a Nashville, TN based Healthcare Technology company.
Entrada’s workflow solution protects physician productivity before, during and after the transition to an EHR system. With seamless integration into all major EHRs, Entrada’s technology, available for Apple iOS, Windows Mobile, and PC devices, provides a fast, easy way to document clinical information and makes EHRs much easier to adopt and use.
FCA V invested in the Series A round and then led the company's Series B round. In total, FCA has invested over $4M to assist the company as they have scaled dramatically since our original investment. The company has growth revenue along with headcount while rapidly improving their technology. FCA V has been helpful in areas including business development, budgeting, marketing, human resources and holds two seats on the company's board of directors.