Lake Ventures II focuses its attention on area surrounding Alexandria, Minnesota, as well as the remainder of the Minnesota. Lakes Venture Group II is part of the RAIN Fund Network.
Lakes Venture Group II Invests In These Industries
Not Available
Lakes Venture Group II Invests In Companies That Have Reached The Following Milestones
Product In Development - $3M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Lakes Venture Group II Invests In Companies With These Funding Needs
Pre-money Valuation: USD500,000 - USD3,000,000
Capital Seeking: USD250,000 - USD2,000,000
Previously Raised: USD250,000 - USD2,000,000
Lakes Venture Group II Expects Their Investments To Generate
Expected Revenue By Year 5: USD3,000,000 - USD20,000,000
Expected Returns: 5x Investment - 30x Investment
Expected Years to Exit: 3 Years - 6 Years
Expected Years to Break Even: 1 Year - 4 Years
Lakes Venture Group II Investment Portfolio
Not Available
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