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We are looking for the most promising early stage
AI founders in L.A. and beyond!

Five AI startups will be selected to pitch to a panel of top tier VCs for the chance to win $50,000+ of cash, in-kind, and investment.

Are you ready to take your AI startup to the next level?



We teamed up with the City of Burbank to offer the best startups in L.A. the opportunity to secure funding and supercharge their growth.

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When: Thursday, June 29, 2023, 5 PM PST
Where: Woodbury University Fletcher Jones Auditorium

We would love to meet you if you have at least 2 of the following:​

Product in Market

Raised Prior Funding

Paying Users

Lead Investor Secured

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Application Deadline: Wednesday, June 21, 2023

 

Your application must include a pitch deck.  

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If you are selected to pitch, we’ll invite you to a required virtual practice pitch and coaching session on 6/27.

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Estimated $50,000+ of cash, in-kind, and investment.

  • $35,000 investment from Untapped Ventures.

  • $5,000 of Product/Market Fit Coaching, Playbooks & Tools.

  • $1,000 of Legal Services from Decrypted.

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Prizes are subject to terms and conditions.
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Prize Package

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  • What do you mean by “stealth”?
    Anything from idea-on-a-napkin to quietly building pre-launch.
  • Who is it for?
    Engineers, researchers, or repeat operators with a breakthrough AI insight who need time and cover to validate it. Many applicants come straight from top labs, tier-one universities, or leading accelerators, but your conviction and craft matter more than your résumé.
  • Do I need a fully formed product or company?
    No. You can apply pre-incorporation and pre-MVP. We’ll help you set up the entity, close the SAFE, and build a v0 that proves the thesis.
  • How does the application process work?
    Submit a short form and secure file deck. If there’s a fit, we'll schedule an intro call and make a decision—usually wrapped up in two weeks or less.
  • How big are the checks?
    Up to $500K SAFE; we can follow on later.
  • What deal terms should I expect?
    A simple SAFE with low-friction paperwork, founder-friendly pro-rata, and no board seat. We wire funds as soon as documents are signed so you can stay in builder mode.
  • How private is “stealth”?
    Very. All materials stay under NDA, and we never list your company publicly until you give the green light. If needed, we’ll structure the SAFE under a project code name.
  • What resources come with the capital?
    Cloud & GPU credits to train and deploy models An on-call bench of seasoned AI founders and domain experts A private, invite-only founder mastermind for peer feedback On-demand strategy sessions covering product, GTM, fundraising, and market validation
  • Is location a factor?
    No. We back founders worldwide. Most support is remote-first, with optional in-person pop-ups in NYC, SF, and other AI hubs.
  • Can solo founders apply?
    Absolutely. If you need complementary talent, we’ll tap our network to help you recruit co-founders or early engineers.
  • What happens after the two months?
    You graduate into our core portfolio, keep all community privileges for life, and—if you choose—tap our follow-on reserve for your seed round.
  • Do I need a deck?
    No. Not even a one-pager—just your background and what you’re exploring.
  • Is the program cohort-based?
    Rolling admissions—usually 2-4 founders per month as bandwidth allows.

Terms & Conditions

Any investment by Untapped Ventures is subject to successful negotiation, standard due diligence, and investor committee approval.

If you have any questions, we want to hear from you! Contact us at: hello@untapped.ventures

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