EMERGING Fund

EXECUTIVE SUMMARY

Watch and listen

Technology disrupting operations and accelerating concept innovation.

INDUSTRY LEADING FOUNDERS

ResTech & Restaurant innovation / collaboration

LARGEST acceleration platform

EMERGING FUND

Innovative Portfolio Investments

FEDERALES is a lofty, open-air tequila and taco concept with an energetic atmosphere. (Chicago, Denver, Dallas) federalesbars.com

Immersive Gamebox is an immersive team adventure inside the world’s smartest room. immersivegamebox.com

Flight club has shaken up the Bar and Hospitality industry by reinventing the classic pub game of darts in one of the most unique venues. flightclubdarts.com

Puttshack is part of the ground-breaking social entertainment brand from the founders of Top Golf. puttshack.com

Overproof is a business intelligence company that helps customers in the adult beverage industry create, execute and analyze winning brand strategies. overproof.com

The F1 Arcade is an immersive, state of the art F1 racing simulation experience, gamified for a mass audience in a premium venue with best in class’ hospitality and design. f1arcade.com

An immersive 3D booking experience like no other. An immaculate dining room is not. Tablz is redefining the future of dining, by enabling diners to select and upgrade to the table of their choosing. tablz.com

Unsurpassed Team of Partners

Innovation Partners (5)

Adam Breeden

Founder/Co-Founder of Flight Club, Puttshack, F1 Arcade, Hijingo

Randy DeWitt

Founder/CEO of FB Society, Rock Fish, Twin Peaks, Velvet Taco, Whiskey Cake

Nick Hogan

Founder/CEO of Flagship Restaurant Group, Blue Sushi Sake Grill, Anthem, Palma, Plank Seafood Provisions, Blatt Beer & Table, Ghost Donkey

Peter Venti

Founder/CEO of FamilyMeal, Pippy Sips, RealFood

Padma Rao

Marketing & Product Executive Grubhub, Zynga, Netflix, Grubhub, Tapingo

Venture Partners (5)

Sterling Douglass

Co-Founder/CEO of Chowly

Damian Mogavero

Founder/Former CEO of Avero

Rom Krupp

Founder CEO of OneDine, Marketing Vitals

Bhavuk Kaul

Co-Founder/Former CEO of Plate IQs

Taylor Katzman

Founder/CEO of Provi

General Partners (4)Advisors (7)

Mathew Focht

GP EMERGING Fund/ Founder & CEO EMERGING

John Davie

GP EMERGING Fund/ Founder & CEO Buyers Edge Platform

Matt Menna

GP EMERGING Fund, Managing Principal and Chief Design Officer at Sterling Bay, Founder/ Founder and Managing & Principal Four Corners

Dave Bagley

EMERGING Fund Investment Director

Carissa De Santis

CTO of Friendly’s, BRIX

David Drinan

Managing Partner at Blackthorn Strategic Advisors

Jay Stieber

General Counsel at Lettuce Entertain You Restaurants, Former NRA Chairman

Kyle Kavanaugh

Founder / CEO of Main + Main

Scott Redler

Co-Founder of Freddy’s Frozen Custard & Steakburgers, NRA 2023 Chairman

Stephanie Sollers

CEO of VDC, Doordash

Summary of Terms

Fund Size Fund Size

$100M

General Partner General Partner

Emerging Fund GP, LLC

GP Commitment GP Commitment

10% of aggregate capital commitment

Minimum Commitment Minimum Commitment

$250,000

Investment Period Investment Period

4 Years

Management Fee Management Fee

2% of Capital Commitments per annum

GP Carried Interest Term GP Carried Interest Term

20% after return of 100% return of capital to LPs
10 Years with three 1-year extensions by GP

Counsel Counsel

Michael Best

Fund Administrator Fund Administrator

SS&C

General Investing Parameters

Stage Stage

Early-stage venture—seed through Series B, opportunistic

Sectors Investing Sectors Investing

Food & beverage technology (ResTech), Restaurant or Social Entertainment Concepts

Strategy Strategy

Leverage deal sourcing network and due diligence expertise of venture partners and Investment committee. Leverage team and founders to mentor investments, massive sales channel and foster innovation collaboration across segments

Portfolio Construction Portfolio Construction

8 to 12 companies diversified across ResTech and Restaurants

Initial Investments Follow-On Initial Investments Follow-On

$50,000–$5M depending on investment stage with follow-on rounds up to approximately $10M per Investment.

Investment Committee Investment Committee

General Partners and select LPs over 10% of Fund.

Partner Comments