Version One
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Version One Ventures is a thesis-driven early‑stage fund backing mission-aligned, network-effect businesses. Since its 2012 inception, the firm has deployed capital ranging from $250K–$500K into founders building entirely new categories—from SaaS to decentralized finance. Their small fund ethos supports high-conviction investing and close founder alignment. Notable outcomes include hits in both consumer and crypto domains like Wattpad, Uniswap, and AngelList.
Location:
Vancouver, British Columbia & San Francisco, USA
Fund Size:
Raised ~$18.7M in Fund I (2012) and $35M in Fund II (2014); later raised $70M Fund IV and $30M Opportunities Fund II in 2021 (total ~$100M+)
Average Check:
Historically $250K–$500K for Seed and Series A; earlier micro‑VC fund also in same range
Stage Focus:
Early-stage (Seed to Series A), focused on mission-driven founders in SaaS, crypto/web3, marketplaces, fintech, healthtech, climate sectors
Household Brands:
Investments include Figure 1, Mattermark, Wattpad, Uniswap, AngelList
Contact:
Boris Wertz (Founding Partner) Boris@versionone.vc
Angela Tran (General Partner) Angela@versiononeventures.com
