CONFIDENTIAL
LFG Vanta

Terms
Round: friends & family; strategics
Valuation: $20M cap
Structure: SAFE
Total Raise: $1M+
Allocation: $250k
Minimum Investment: $25k
Management Fee: 8% (upfront)
4% for LFG+ Members
Carry: 20%
15% for LFG+ Members
Expenses: passthrough (industry standard)
*** ITAR-restricted: U.S. investors only
Timeline
Commitment Due: 8/1
Funds Due: 8/8
Click to Commit
About Vanta
Overview
The deep ocean seafloor is critical to national security, subsea infrastructure, and climate data, yet it's almost completely inaccessible.
Only 800-1400 sq miles (0.001%) has been explored
Legacy players charge $5-55M for platforms that cost $50K+ per day to operate
We've spent the last 2 years designing a swarming, full-ocean (12km depth) unmanned UUV with 2600km range for under $40K per unit (a 100x cost reduction).
Founders
Craig Ulliott (CTO/CEO): Technologist, hardware/software engineer and serial entrepreneur with 2 companies reaching 10M+ customers, and 4 exits.
Scott Roffman (President): Entrepreneur, National security veteran, defense policy & Middle East expert
Director for Iraq and Counter-ISIS, National Security Council, The White House
Active TS/SCI Security Clearance
Oakside Cocktail Co - Co-Founder / CEO - Acquired by Terlato
TAM
Early conversations with DoD, CIA, and industry players (oil & gas, mining operators, deep sea cables/infrastructure owners) have validated strong demand.
Defense/intelligence ($8B+ annual ocean surveillance spend)
Subsea infrastructure monitoring ($15B+ market for cables, pipelines, wind farms)
Emerging deep-sea mining ($30B+ projected market).
DoD interest accelerated after Ukraine showed small, attritable systems beat mega-platforms
Deal
This is pre-seed stage, and the founders are looking for strategic value investors. Currently overcommitted. LFG has the last bit of allocation.
Why is this deal on our desk?
Craig Ulliott is one of Chris' closest friends. Chris describes him as "Iron Man" based on his technology and engineering skills.
Notable Investors
Notable investors include defense industry veterans, space/aerospace engineers from SpaceX and NASA, successful deep-tech entrepreneurs with multiple exits, and strategic partners providing operational assets including a US-flagged yacht with crew.
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