Mark Phillips

Managing Partner, 11 Tribes Ventures
Mark Phillips, shaped by his own failed-founder experience, prioritizes founder wellbeing—allocating about $20K per founding team via 11 Tribes for therapy, coaching, and personal support—and favors steady, sustainable growth.
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Mark Phillips
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Health
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About Mark Phillips

Mark Phillips believes what happens to a founder matters more than what happens to the business, and he backs that up by having 11 Tribes set aside real money—about $20K per founding team—for therapy, coaching, and other personal support. Shaped by his own experience as a founder whose company didn't work out, he built a hands-on approach around founder character and culture, preferring steady, sustainable growth over chasing unicorns.

About their Fund

11 Tribes Ventures

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SaaS, Fintech, Health, Consumer, Enterprise
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11 Tribes Ventures sets aside 2% of every investment, non-dilutively, for founder coaching, therapy, and other resilience support, an approach that grew out of founder Mark Phillips's own experience with startup failure and its personal toll. The firm targets niche, non-coastal markets—such as Chattanooga, Nashville, and Indianapolis—looking for capital-efficient companies that can exit in the $80M–$250M range rather than chasing billion-dollar outcomes, and it reinforces this founder-first approach through tools like psychometric profiling, a Founder's Summit, and a podcast on entrepreneurial resilience.

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