Frequently Asked Questions
Introduction to SteerX
SteerX connects healthcare, technology, and investment by offering capital, mentorship, and strategic guidance to early-stage healthcare startups. Our mission is to promote innovation and collaboration to address industry challenges and shape the future of healthcare.
We emphasize synergy, where technology and collaboration can drive impactful change. By partnering with passionate founders, we empower mission-driven startups capable of transforming healthcare and making a positive societal impact.
For healthcare enterprises, we serve as a dedicated technology and innovation partner, aiding organizations in adopting successful products, fostering growth, and lowering overall care costs. Our aim is to enhance care delivery and improve experiences for both patients and providers, ultimately leading to better health outcomes.
Becoming a part of SteerX provides you with access to a carefully curated selection of vetted startups, in-depth investment insights, and a community of like-minded investors. We streamline the investment process, allowing you to diversify your portfolio with promising early-stage companies.
Investing with SteerX comes with several key benefits:
SteerX is India’s first SEBI-registered Category 1 AIF Angel Fund dedicated exclusively to healthcare. With extensive industry expertise, proactive portfolio management, and access to global markets, it creates a unique investment ecosystem for healthcare startups.
Investors can apply via our website, ensuring they meet SEBI’s eligibility requirements for angel investors.
SteerX maintains a transparent fee structure, which includes fund management fees and performance-based carry. Specific details can be provided upon request.
As a SteerX investor, you will enjoy:
An angel investor provides capital to early-stage startups in exchange for equity or convertible debt, typically during the Pre-Seed to Series A stages.
Angel investing supports startups in their early stages, offering:
Angel investors utilize personal funds to invest in early-stage startups, usually before VCs enter the picture. VCs invest larger amounts at later stages, backing companies that have already demonstrated traction.
Angel investments generally have a time frame of 5-7 years. Exit strategies may include mergers & acquisitions (M&A), secondary sales, IPOs, or buybacks.
SteerX Investment Process
SteerX employs a structured investment process that encompasses expert screening, due diligence, startup evaluation, and investment committee approval prior to funding.
SteerX provides curated investment opportunities through briefings, deal memos, and exclusive investor meetings.
Opportunities are highlighted through webinars, reports, and detailed startup presentations, ensuring full transparency.
No. Only select high-potential startups that meet SteerX’s stringent due diligence criteria receive funding.
The minimum investment varies; details will be discussed during consultations.
Investors will receive legal agreements, shareholding confirmations, fund reports, and periodic portfolio updates.
Yes, subject to compliance requirements and fund guidelines.
SteerX upholds strict due diligence, governance, and regulatory compliance. However, it’s important to note that startup investments inherently come with risks.
Yes, investors and network members may refer high-potential healthcare startups for evaluation.
Yes, referrals from existing members are encouraged to help grow the investor network.
SteerX respects confidentiality but typically does not sign NDAs during preliminary discussions. However, detailed investment information is securely shared with serious investors.
