New Age Capital was founded by Ivan Alo and LaDante McMillon after their own struggle raising venture capital for their startup LionShare, leading them to build a fund for founders like themselves, focusing on AI-native, bootstrapped, high-growth companies that already have a product in market, at least $500K in revenue, and less than $500K raised, while avoiding sectors like fashion, media, crypto, and medical devices. They build long-term relationships with founders before investing, act as a hands-on de facto board afterward without taking an official board seat.