Read more about how we’re thinking and where we’re investing here.
Recent Posts
Version One
It’s been about a little over a month since I joined Version One and returned to early-stage venture after spending the past five years as a founder in the addiction treatment space. While a month is a short amount of time, it’s been fascinating to see how certain things have changed during my time away. […]
Related Posts
- Reflections on my first year as GP (and six years in VC!)
The first week of September is my VC anniversary. This milestone is always a great…
- The challenge for Canadian VC's
VC funds go through challenging times world-wide but the situation in Canada is probably worse…
Portfolio
The V1 family kicked off the new year with fresh energy and no shortage of activity. Here’s a quick look at some of the highlights we’ve shared so far. With spring here, plenty of good news is paving the way for a strong year of growth. Fundraising news and milestones Moment Energy raised $15M in […]
Related Posts
- Portfolio Review: Q1 2022
Spring is here, and we’re well into 2022! As always, there’s never a dull moment…
- Q1 2024 Portfolio in Review
The first quarter of 2024 is gone as quickly as it came. And like most…
Version One
As the saying goes, it’s hard to find a needle in a haystack. That’s exactly how it felt as Boris and I spent the past few years looking to grow our team. But just as we began to slow down our efforts, the perfect person appeared. It’s funny how, in both life and venture capital, […]
Related Posts
- What does a Venture Partner do?
Most people know me as an early-stage investor in now over 30 internet companies through…
- The slowdown in equity financing is changing venture debt too
Debt funding is an interesting option for start-ups in two scenarios: you can increase your…
Version One
India has long been recognized as home to the largest developer ecosystem in the world, stemming from the global trend of outsourcing software development to India’s pool of skilled and cheaper developers. But what started as a move by Western companies to reduce development costs has now evolved into a thriving and dynamic tech hub […]
Related Posts
- The Version One Anti-Portfolio – the opportunities we missed…
Bessemer started the idea of the “anti-portfolio” – the companies that you passed on, but…
- Job opportunities in our portfolio
Some exciting job opportunities that came up in our portfolio companies in recent weeks -…
Version One
Happy New Year, everyone! While we’re excited to step into 2025, we want to take a moment and reflect on the incredible journey we’ve had at Version One over the past 12+ years. The experiences and lessons learned over this time have been pivotal in shaping our investment thesis and all that we do. ? We […]
Related Posts
- My next chapter of VC: More data!
On the heels of being named principal last week, I am humbled by Boris’s announcement and…
- What’s more important: product or sales?
It’s the age-old debate among start-up circles: which is more important to the success of…
Portfolio
Today, we are very excited to announce we’ve co-led the $5M Series A+ round for Bolt.Earth, India’s largest EV charging network. We joined our friends at USV and Prime Venture Partners (both returning investors). The Indian EV market grew by 40-50% in 2024 and enjoys strong government support. Bolt.Earth is India’s largest, most utilized, and fastest-growing charging network, […]
Related Posts
- Canada's largest Internet start-ups
Techvibes.com, the network of local technology blogs, just released their first Canada Start-up Index. The…
- The Redistribution of Network Effects in Cryptocurrencies
Cryptocurrencies have strong network effects, built around the concept of mining. The more miners participate,…
Portfolio
Yet another year has flown by. This past quarter was a busy one, which should come as little surprise as the whole V1 family has been working hard to close out the year and position themselves for a great 2025. Cheers to the ongoing momentum of our founders and all entrepreneurs in the coming year! […]
Related Posts
- A recap of Q4: Great momentum for 2017
Welcome back! We hope everyone had a restful holiday! While we’re ready to look ahead…
- An amazing year
2011 was an amazing year - made 10 new investments (most ever!), sold one company…
Version One
Every website needs a light refresh, if not a complete overhaul, every once in a while. And we’re no different. The last time we updated our website was back in 2018…a lot has changed since then! We launched a new thesis earlier this year: Backing mission-driven founders who are early in new areas. It’s only fitting that […]
Related Posts
- Growing our team: V1 is hiring an associate
VC is an apprenticeship industry. When I joined Version One five years ago, I would…
- Recapping the V1 Marketplace Meetup in SF
Last Thursday, we hosted a private marketplace-themed event in San Francisco, The Holy Grail of…
News
At Version One, we typically focus on early-stage investments, though we occasionally make exceptions for standout opportunities—like Clio’s Series C and Coinbase’s Series D. These unique investments delivered exceptional returns for V1 and our investors. Today, we’re thrilled to share another investment that goes beyond our typical early-stage sweet spot. We’re investing in Neo Financial’s […]
Related Posts
- Announcing our latest investment: GroupTalent
There’s a talent drain facing the tech industry today. We frequently hear about companies that…
- Announcing our investment in Manifold
We are very happy to announce our investment in Manifold, the easiest way to find…
Portfolio
We hope everyone had a great summer and you’re off to a strong start on 2024’s final stretch. It’s always crazy how fast time flies, and this year is no exception. As you’ve come to expect on our blog, here’s a quick rundown of the highlights from the past few months. Q3 has been one […]
Related Posts
- Q3 2023 Portfolio Review
Fall is in the air and we are heading into the last quarter of 2023.…
- Q1 2024 Portfolio in Review
The first quarter of 2024 is gone as quickly as it came. And like most…
Portfolio
We’re excited to announce our investment in Optimotive, having led the company’s $2m seed round with participation from Garage and NewLab. Optimotive is building a fleet of advanced autonomous robots for some of the toughest, extreme environments… picture the rocky, dusty, muddy and unpredictable conditions common in industries like construction, mining, and oil & gas. […]
Related Posts
- Announcing our latest investment: GroupTalent
There’s a talent drain facing the tech industry today. We frequently hear about companies that…
- Announcing our investment in Manifold
We are very happy to announce our investment in Manifold, the easiest way to find…
Version One
If you’ve been reading our blog recently, you may have noticed that we updated our investment thesis and shared that deep tech is on our radar. We followed that post up with what deep tech means to us but since it is a broad category, we’ll be writing more on specific areas within deep tech […]
Related Posts
- Announcing the Version One Opportunity Fund
It has been almost 10 years since Union Square Ventures launched the first Opportunity Fund,…
- The Version One year in review and looking ahead
2020…the year of the pandemic. We’ve seen a tremendous amount of human loss and hardship,…
Portfolio
We’ve officially hit the halfway point of 2024, and all we can say is… wow, this year is flying by. The entire V1 family has been pushing, hustling and going all-out, so we’d like to recognize some of the milestones and accomplishments from this quarter. As we say in every recap, this represents the tip […]
Related Posts
- Q1 2024 Portfolio in Review
The first quarter of 2024 is gone as quickly as it came. And like most…
- Q2 2023 Portfolio Review
At the end of Q1, we anticipated that a tech sector slowdown is ideal for…
Version One
A month ago, we published a post outlining our latest thesis update, “We back mission-driven founders who are early in new areas.” In it, we expanded on the types of founders and opportunities we’re looking for: “We’re interested in those rare opportunities where a founder is creating a brand new category. These opportunities are fringy […]
Related Posts
- The most important lesson learned in early-stage investing
Sean Silcoff had a thoughtful article in Saturday's Globe & Mail on my path from entrepreneur…
- Investing in hardware and the data layer
Over the past couple of months, we have written about a range of themes that…
Portfolio
As you may have read in our thesis update last week, we have been spending more and more time in the deep/hard tech space, making our first six investments since 2021. Today, we’re excited to share that we co-led the $9 million seed round of Bedrock Materials, a Chicago-based startup that manufactures the active materials […]
Related Posts
- Announcing our investment in Moment Energy - a cleantech startup repurposing electric vehicle batteries for energy storage
We are excited to announce that we’ve led the $3.5M seed round of Moment Energy,…
Version One
At Version One, an investment thesis has always been more than just defining a market sector or company stage. It has been the North Star that guides and keeps us centered amidst all the noise in early-stage VC, of which there has been a lot over the past decade! Our investment philosophy is so core […]
Related Posts
- Meet Our Mission Driven Founders
In recent posts, we've outlined our updated thesis around backing mission driven founders and explained…
- An update on Version One’s thesis: backing mission-driven founders
Technology changes. The startup market evolves, and so do we as VCs. Over the past…
Portfolio
The first quarter of 2024 is gone as quickly as it came. And like most starts to the year, this one was full of great launches and announcements. Here’s a brief overview of some of the highlights. Launches The ether.fi Foundation launched ETHFI, the ether.fi governance token. This token launch empowers ether.fi’s growing ecosystem to […]
Related Posts
- Portfolio Review: Q1 2022
Spring is here, and we’re well into 2022! As always, there’s never a dull moment…
- Q3 2024 Portfolio in Review
We hope everyone had a great summer and you’re off to a strong start on…
News, Version One
At Version One, we are strong believers that early-stage investing is best done by small teams that are aligned around a differentiated investment thesis and are investing with high conviction. The partnership is currently Angela and myself. We’re on our fourth fund and second opportunity fund, and we are looking to add a third partner […]
Related Posts
- Announcing Version One Fund III
We are very happy to announce the launch of Version One Ventures III with $45M…
- Announcing the Version One Opportunity Fund
It has been almost 10 years since Union Square Ventures launched the first Opportunity Fund,…
News
A few weeks ago, I put out this tweet…which kind of blew up. Since then, I’ve received 200+ inbound leads (and counting). While I was aware of many emerging GPs raising right now, I didn’t realize just how many were in the market. As one fellow VC said to me, “Raising a fund for an […]
Related Posts
- Announcing Fund IV and Opportunities Fund II
We’re thrilled to announce the closing of two new funds: Fund IV ($70M USD) and…
- Announcing the Version One Opportunity Fund
It has been almost 10 years since Union Square Ventures launched the first Opportunity Fund,…
News
Here we are, a week into the new year, and we hope everyone had a wonderful and warm holiday season. Before we move full steam ahead into 2024, let’s reflect on the past quarter to gather inspiration and momentum from our incredible V1 family. As always, this news reflects just a snapshot of the activity […]
Related Posts
- Q3 2023 Portfolio Review
Fall is in the air and we are heading into the last quarter of 2023.…
- Q2 2023 Portfolio Review
At the end of Q1, we anticipated that a tech sector slowdown is ideal for…