1Confirmation

What is 1Confirmation?

1Confirmation is a venture capital fund that focuses on investing in early-stage companies in the IT, TMT (technology, media, and telecom), and blockchain and cryptocurrency sectors. The firm is dedicated to empowering exceptional founders who are at the forefront of decentralizing the web and society. They have a strong investment thesis centered around the belief that open networks are empowering the masses, a narrative evidenced through their public communications and support for builders in the space.

Their investment approach includes providing seed and Series A funding, with an investment range between $100,000 and $5,000,000, and a sweet spot for investments around $1,500,000. With $45,000,000 in assets under management, 1Confirmation aligns itself with the burgeoning sector of decentralization and innovation within the digital assets space.

They back companies that they believe will redefine the architecture of the internet, promote financial inclusivity, and drive the digital economy. Their portfolio reflects a commitment to supporting pioneering companies and technologies that align with their vision of a more open and decentralized future. On their website, they add color to their investment philosophy through various thought leadership articles, reflecting their stance on issues like political betting legalization in the US, the intersection of crypto and culture, and the necessity of having 'skin in the game'.

While adhering to a contrarian mindset, 1Confirmation remains forward-thinking, aiming to invest in projects and founders who echo their ideology of a decentralized world facilitated by blockchain technology.