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FOUNDERLAKE

Investing at the earliest stage by helping founders find co-founders

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Selected PORTFOLIO

Why we exist

#1

Many founders have great ideas but struggle to find the right co-founder to build great companies

#2

Finding a co-founder is a lengthy and inefficient process 

#3

Helping founders to find the right co-founder will unlock significant value

#4

Forcing founders to undergo a structured company builder / accelerator is not an attractive option for founders who have a proven professional experience

Finding co-founders is hard and time-consuming.
Without help, founders are limited to their own network, events and social platforms. Programs like Antler, Entrepreneur First and EWOR help with co-founder matching but they also tie that in with mandatory bootcamps and low valuations.

Anchor 1

We, Cassy and Daniel, are the two founders and partners of Digital Eleven which we started 6 years ago to help leading startups, growth and DAX 30 companies with their digital hiring needs. Since then we have filled over 200 roles for our clients. We are using the insights to help founders find co-founders. At the same time, we are not your typical headhunters. We understand digital businesses, we've felt the pain (built and failed with two venture-backed startups) and have a background in management consulting and investment banking. Our goal is to work with founders all the way to the exit and see ourselves as long-term investors. 

Why we are the right people to help you

Anchor 1

How we work 

We employ a very focussed headhunting model for
co-founders in return for equity. 
We use our network and active search to find the right candidates that match the founders’ requirements. We do the first interviews and then support candidates and founders throughout the process.

If the search is successful, and only then, will we become a shareholder in your company. We will charge EUR 50k for the successful search and in turn will invest the money through a convertible where we charge EUR 50k with a cap of EUR 2m. If the company is already in the process of raising a round or has already raised a round, then we are open to investing at the terms of the round. 

How we Invest

Benefits for founders IN a Nutshell

Great Candidates
We will put you in front of the right candidate within
2-4 weeks

Deep Expertise
We help you with org planning, hiring processes and best practices

A FREE
OPTION

We only get paid if we actually help you in finding a great
co-founder

Founder Network
We have an intrinsic motivation to see our equity grow - we will leverage our network

INITIAL VALIDATION
We invest in you as a founder pre-team and pre-company; we only do that very selectively

INVESTOR NETWORK
We will help you to get to funding in a faster and more efficient manner

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