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805 Startups

805 Startups, helps Entrepreneurs navigate the very difficult early stages in the journey of startups.
805 Startups
Leadership team

Alon Goren (Founder)

Gary Livingston (Founder)

Number of Employees
0 - 50
Headquarters
Westlake Village, California, USA
Established
2016
Social Media
Summary

805 Startups is a vibrant and dynamic organization that has played a pivotal role in nurturing and catalyzing the entrepreneurial spirit within Southern California's 805 area code region. Since its inception in 2016, 805 Startups has been on a mission to connect startups, investors, mentors, and professionals, fostering an environment of collaboration, innovation, and growth. Through a multitude of networking events, workshops, pitch competitions, and mentorship programs, the organization has created a thriving ecosystem where ideas are transformed into successful businesses.

At the heart of 805 Startups is its commitment to driving economic development and making a lasting impact on the local community. By actively supporting business expansion, advocating for critical infrastructure improvements, and promoting the region's unique culture and quality of life, the organization has become an integral part of the area's growth. With a strong online presence and a robust network of members, 805 Startups continues to provide valuable resources, connections, and opportunities to those looking to embark on entrepreneurial journeys, build successful businesses, or invest in promising startups. As it enters new phases of expansion and evolution, 805 Startups remains dedicated to shaping the future of the Southern California entrepreneurial landscape, one innovative idea at a time.

History

805 Startups was founded in the year 2016 by individuals passionate about fostering entrepreneurship and innovation in the 805 area code region of Southern California, which includes counties like Ventura and Santa Barbara. The founders recognized the need for a platform that could bring together startups, investors, mentors, and professionals to support and accelerate the growth of local businesses.

In its early years, 805 Startups focused on building a vibrant community of entrepreneurs and professionals. The organization organized networking events, workshops, and meetups, providing a space for like-minded individuals to connect, share ideas, and collaborate on various projects. These events became essential for fostering relationships and knowledge-sharing within the local startup ecosystem.

Recognizing the value of mentorship in the entrepreneurial journey, 805 Startups introduced mentorship programs and educational initiatives. Experienced mentors and industry experts were engaged to guide and mentor aspiring entrepreneurs, helping them navigate the challenges of starting and scaling businesses.

To provide startups with opportunities for exposure and funding, 805 Startups started hosting pitch competitions. These events allowed early-stage companies to pitch their ideas to potential investors and gain valuable feedback. The organization also launched weekend-long incubators to support startups in refining their business models and strategies.

In the digital age, 805 Startups expanded its reach by creating an online community platform. This virtual space allowed members to engage in discussions, seek advice, and share resources. It enhanced connectivity among members and facilitated collaboration beyond physical events.

Beyond its core activities, 805 Startups actively contributed to the economic development of the region. The organization worked on business expansion and retention efforts, advocated for critical infrastructure improvements, and promoted the region's quality of life and culture.

Over time, 805 Startups introduced membership tiers, offering varying levels of access and benefits to its growing community. The organization

Investment criteria

The collaboration between the STARTMADA VENTURE NETWORK and 805 Startups represents a powerful synergy within the Southern California startup ecosystem. STARTMADA, with its diverse membership of incubators, accelerators, angel investors, venture capital funds, and corporate M&A officers, aligns seamlessly with 805 Startups' mission to foster authentic relationships, share ideas, and discover new local deals.

  • Industry Focus: Some investors specialize in specific industries or sectors, such as technology, healthcare, real estate, or consumer goods. They may look for opportunities that align with their expertise and interests.
  • Stage of Development: Investors often target companies at specific stages of development. These stages may include Early-Stage, Growth Stage, and Mature Companies.
  • Revenue and Growth: Investors may have revenue thresholds and growth expectations. They may seek companies with strong revenue growth potential or established businesses with stable cash flows.
  • Market Size: The size of the target market and its growth potential can be a crucial factor. Investors often prefer opportunities in large and expanding markets.
  • Team: The management team's experience, expertise, and track record are significant considerations. Investors look for capable and dedicated teams that can execute the business plan.
  • Competitive Advantage: Companies with a unique value proposition, proprietary technology, or a competitive edge in their industry may be more attractive to investors.
  • Exit Strategy: Investors typically want to know how they will eventually realize a return on their investment. Common exit strategies include acquisition by a larger company or an initial public offering (IPO).
  • Financial Metrics: Investors assess financial metrics such as profitability, margins, customer acquisition cost, and lifetime value of customers.
  • Risk Tolerance: Investors have varying risk appetites. Some may prefer low-risk, conservative investments, while others are willing to take on higher risk for the potential of greater returns.

It's important to note that different investors may prioritize these criteria differently based on their individual goals and strategies. Startups and entrepreneurs seeking investment should research and target investors whose criteria align with their business and growth plans. Additionally, investment criteria may evolve over time as market conditions and investor preferences change.

Values

805 Startups' impact is evident through its extensive track record of supporting entrepreneurship and community development in Southern California. The organization's values and mission are reflected in the following key areas:

  • Entrepreneurial Support: 805 Startups has been a catalyst for entrepreneurship, hosting numerous events, workshops, and pitch competitions that have trained and connected thousands of entrepreneurs and intrapreneurs. These efforts have led to significant economic growth, including the creation of jobs and capital raised for startups in the region.
  • Community Building: The organization has played a vital role in building a vibrant and supportive community of startups, investors, corporations, and talent. By fostering connections and relationships, 805 Startups has helped individuals and businesses thrive in the region, contributing to the overall quality of life.
  • Workforce Development: 805 Startups have been instrumental in providing support for career growth and development. Through its programs and events, it has helped individuals connect with mentors, discover job opportunities, and make informed decisions about their careers.
  • Infrastructure and Real Estate: The organization has advocated for infrastructure improvements and supported real estate development efforts. It has acted as a liaison between businesses, cities, and counties, facilitating relationships and contributing to business expansion, attraction, and retention.
  • Placemaking and Quality of Life: 805 Startups have promoted the Southern California region as a desirable destination with a high quality of life. By showcasing the community and culture of the area through events and programs, it has attracted visitors and residents alike.
  • Marketing: Through marketing campaigns and outreach efforts, 805 Startups has highlighted the unique characteristics and strengths of cities and counties in the region. This marketing has aimed to attract businesses, talent, and visitors to support local economies.
  • Continuous Growth: The organization has shown a commitment to expanding its efforts and reach, with plans for further expansion into additional cities and regions. It seeks to enhance the support it offers to its community through sponsorships, contracts, paid memberships, and grants.

Overall, 805 Startups' impact extends beyond entrepreneurship to encompass workforce development, community building, and regional economic growth. Its focus on collaboration, mentorship, and innovation has made it a valuable asset to Southern California's business ecosystem.

Mission

805 Startups' mission is to empower and foster the growth of entrepreneurship and innovation. By building a dynamic and supportive ecosystem, they aim to connect startups, investors, corporations, and talent while providing valuable resources and opportunities. Through a diverse range of programs, events, and initiatives, 805 Startups strives to create a vibrant community that nurtures the development of businesses, fosters career advancement, advocates for infrastructure improvement, and promotes the region as an attractive destination for innovation and quality of life. 

Their dedication to continuous expansion and support underscores their commitment to driving economic development and enriching the lives of individuals and businesses in the area.

Portfolio

805 Startups traditional venture capital investments, offers a comprehensive suite of services designed to support entrepreneurs, startups, and professionals throughout their journey in building businesses and careers. Here's an overview of the key services provided by 805 Startups:

  • Networking and Community Building: 805 Startups organizes a wide range of networking events, workshops, pitch competitions, and meetups that bring together entrepreneurs, investors, professionals, and mentors. These events create opportunities for individuals to connect, collaborate, and form valuable relationships within the startup ecosystem.
  • Mentorship and Education: The organization facilitates mentorship programs, workshops, and office hours with experienced mentors and industry experts. These resources help individuals gain valuable insights, guidance, and knowledge to navigate the challenges of entrepreneurship and career development.
  • Pitch Competitions: 805 Startups hosts pitch competitions that provide startups with opportunities to showcase their ideas and products to potential investors and partners. Winning these competitions can lead to funding, exposure, and valuable feedback.
  • Incubation and Support: The organization offers weekend-long incubators and support programs to help early-stage startups refine their business models, strategies, and pitches. This support is crucial for startups looking to accelerate their growth.
  • Online Community: 805 Startups provides an online community platform where members can engage in discussions, seek advice, share resources, and promote their ventures or career opportunities. This virtual space enhances connectivity and collaboration among members.
  • Professional Development: In addition to supporting startups, 805 Startups focuses on the professional development of individuals. Members can access resources, attend career-oriented events, and benefit from networking opportunities to advance their careers.
  • Economic and Community Development: The organization actively contributes to the economic development of the regions it serves. It assists in business expansion, attraction, and retention, advocates for critical infrastructure improvements, and promotes the quality of life in the communities it operates in.
  • Membership Tiers: 805 Startups offers different membership tiers, allowing individuals to choose the level of engagement that suits their needs. These tiers include varying degrees of access to events, discounts, and other exclusive benefits.

805 Startups play a pivotal role in fostering entrepreneurship, innovation, and economic growth in the Southern California region. Through its diverse range of services and programs, it creates a supportive ecosystem where startups and professionals can thrive and achieve their goals.

References
805 Startups
Leadership team

Alon Goren (Founder)

Gary Livingston (Founder)

Number of Employees
0 - 50
Headquarters
Westlake Village, California, USA
Established
2016
Social Media