PivotPt Capital LLC · $1M Seed Round
Back the platform. Own the GP. Earn the carry.
We're raising $1M via a post-money SAFE to capitalize PivotPt Capital LLC — the GP, brand IP, and AI-powered intelligence platform behind Beco Collective. Investors receive GP economics: management fee income, carried interest, and direct equity in the platform itself. Not Fund I LP units. Not direct property exposure. The GP.
Post-money SAFE
20% discount · 3 step-up valuation caps
Stepped-gate raise
Gate 1 open at $4M cap; Gates 2 & 3 unlock at $250K / $500K filled
Use of proceeds
Brand & IP, GP legal, COO hire, platform infra, Fund I first-close runway
The raise
Three gates. Stepped-up caps. Open now.
$1M total raise via post-money SAFE, structured as three sequential gates with rising valuation caps. The earlier you commit, the lower the cap. Each gate unlocks only when the prior fills — so the cap ladder is enforced by capital, not by discretion.
Gate 1 — Open Now
$4.0M cap · 6.25%
Brand, IP, and GP legal close
Lowest cap in the ladder. Closes on signing. Funds brand and IP work, GP legal close, and immediate platform costs.
Gate 2 — Opens at $250K
$5.0M cap
COO hire + LP outreach scale-up
Opens when Gate 1 fills. Funds the Operating Partner hire, LP outreach scale-up, and platform infrastructure.
Gate 3 — Opens at $500K
$6.0M cap
Runway through Fund I first close
Opens when Gate 2 fills. Funds extended runway, multi-brand build-out, and expanded LP data infrastructure.
~19.6% step-up across the cap ladder · 20% discount to next priced round · No interest, no maturity · Pre-rev rights waived.
What you’re buying
GP economics. Platform equity. Not real estate.
The SAFE buys ownership in PivotPt Capital LLC — the GP, brand IP, and AI-powered intelligence platform. Returns come from management fee streams, carried interest across funds, and platform value itself. Fund I LP units, deal-by-deal co-invests, and direct property exposure are different products downstream.
01
Management fee income
Exposure to GP management fees across Fund I and successor vehicles. Recurring, contractually defined, scales as AUM grows.
02
Carried interest economics
Pro-rata participation in GP carry on every fund the platform deploys. The upside is concentrated where the work is — at the platform, not the asset.
03
Platform IP value
Equity in the Beco Collective Intelligence Platform itself — the scoring, underwriting, and asset-management stack. The platform is a standalone asset that compounds with every deal.
04
Not a real-estate position
This SAFE buys ownership in PivotPt Capital LLC (the GP). It is not Fund I LP units, not a deal-by-deal co-invest, and not direct property exposure. Fund I lives downstream.
Leadership
Hospitality operators, building from a platform.
Phil Bernardo
Managing Partner
Founder of PivotPt Capital and the Beco Collective Intelligence Platform. Background in hospitality acquisition, asset management, and applied AI for real estate underwriting.
Operating Partner
HiringAsset Management · Key first hire
Hospitality operator leading brand, programming, and on-property execution across the portfolio. Targeting a candidate with 10+ years of independent boutique GM or VP-Ops experience. Fund I close funds this seat.
Talk to us
30 minutes is usually enough to know if there’s a fit.
Walk through the SAFE terms, the use of proceeds, and what the platform looks like inside. We'll know quickly whether the seed thesis lines up with your mandate — and which gate you'd come in at.
Register seed interest
Prefer email to the call?
Tell us about you and we'll reply with the SAFE term sheet, gate availability, and a short investor packet. Accredited-investor or qualified-purchaser status required to receive documents.
- • Post-money SAFE term sheet & subscription documents
- • Current gate availability and step-up cap details
- • Platform overview, pipeline, and Fund I roadmap
Seed Interest
Tell us about you
Approved seed investors receive the SAFE term sheet and current gate availability, typically within one business day.