CASE STUDY · STEALTH · PROPTECH

From a reconnection to a $600K pre-seed.

A workflow automation play in a regulated real-estate services market.

FOUNDER

Withheld

SECTOR

PropTech · Workflow

STAGE

Pre-seed

FIRST CHECK

$150K · Elizabeth Yin

RAISED

$600K

SOURCE OF INTRO

Portfolio founder referral

The challenge

The founder was reintroduced to MatCap through another portfolio founder. Mat had known him years before from his coding days, but the reconnection was as a fresh, first-time startup founder — nervous about venture, with deep industry knowledge but no investor network and no fundraising playbook.

He needed both education and conviction-backed intros — and a pace that would let him close a real round without burning out before he started.

What MatCap did

Invited the founder to an AZVC event for first VC exposure.
Hosted him on the AZTF Live livestream — public credibility moment.
Began advising formally.
First intro: Elizabeth Yin → $150K check.
Built momentum with intros to Josh Constine (SignalFire) and a local family office (Scott Ferreira).
Anchored the round locally with Jack Selby (AZVC) and Mike Randall (Monsoon Venture Fund).
Post-round: helped plan capital deployment for long-term durability — not the founder's natural instinct after a fresh raise.

The outcome

$600K pre-seed round closed.
Mix of national leads (Hustle Fund, SignalFire) and local Arizona conviction.
Relationship continues through future rounds — seed, A, B and beyond.

Building something venture-scale?

If MatCap is the right fit, the door is open.

Apply to MatCap Community More case studies