Abhay Ghatpande

I back Canadian founders building B2B/enterprise software in markets most investors overlook. At Sprout Fund, I invest at seed stage in post-revenue companies — typically $500K+ ARR, under $25M valuation, with average ACV above $25K. My check is $500K, with $750K reserved for follow-ons. I can move from first call to term sheet in two weeks. What I look for: founders with deep domain insight, building in sectors that feel "too boring" or "too industrial" for most VCs, think complex decision-making or manual workflows that are still using legacy systems and undocumented institutional knowledge. I think these verticals are ripe for disruption by leapfrogging with AI. I like founders who question every rule, reimagine what things could be, and redesign systems rather than seek incremental improvements. What I bring beyond capital: 15+ years as an operator and founder (Vehicle Mind, Product Success, PartsAvatar), a PhD in distributed systems and ML, and hands-on experience scaling GTM, pricing, and financial discipline from zero to $70M+ in revenue. I work closely with founders on customer development, product-market fit, and fundraising strategy, not just board decks. Hard pass on: crypto/web3, consumer, healthcare/life sciences, hardware, biotech, and pure-play AI wrappers without defensible moats. Reach out if you're a Canadian B2B founder post-revenue with a non-obvious insight and a market most people underestimate.