2048 Ventures

What is 2048 Ventures?

2048 Ventures is a venture capital firm headquartered in New York, NY, catering to a broad range of industries, including software, hospitality, education, biotech, business solutions, fintech, hardware, energy, retail, healthtech, blockchain, gaming, and various others. As a thesis-driven venture firm, they specialize in the earliest stages of a startup's lifecycle, often leading pre-seed and seed rounds, and occasionally participating in Series A and Series B.

They aim to invest in companies that possess a compelling vision, strong founder-market-fit, and a product or service that is differentiated and defensible through data and technology. Their preferred business models include API/Data Platforms, Marketplaces/Networks, B2B Vertical SaaS, and Consumer Subscription models with scientific or technological edges.

They have a particular interest in sectors that offer API-first solutions, bio/genomics, digital health, frontier technology, sustainability, AI/ML applications, fintech, femtech, eldertech, and VR/AR. With a fund size of $67 million USD, they typically invest between $500,000 to $2 million in chosen companies, with a sweet spot investment size of around $1.3 million.

The firm prides itself on being founder-friendly, valuing diverse and mission-driven teams, and supporting underdogs, immigrants, and diverse founders embarking on their inaugural entrepreneurial journey. They claim to have an efficient investment process, committing to lead within 10 to 15 business days post their initial meeting.

Based in NYC and Boston, they are willing to support startups across North America. Their website features thought leadership and examples of specific investments that align with their thesis, reflecting their operational expertise and dedication to the growth of their portfolio companies.

What they say:

2048 Ventures is a thesis-driven early stage venture capital firm focused on Vertical AI, Deep Tech, Health and Bio. We invest with conviction and are ready to lead your Pre-Seed or Seed round.

What we look for: We invest in pre-seed / smaller seed rounds as lead, and write $300-$600K checks.First and foremost, we always want to meet exceptional founders with a compelling vision and strong founder-market-fit, regardless of the industry they are building in.We look for companies that are differentiated and defensible through data and technology.Business models we like: API/Data Platforms, Marketplaces/Networks, B2B Vertical SaaS, Consumer Subscription with science/technology edge.Sectors we gravitate towards: Anything API first, bio/genomics, digital health, frontier tech (preferably software/enablement layer, but would do hardware too), sustainability, AI/ML applications, fintech, femtech, eldertech, VR/AR.

How we help: We go from the first meeting to commitment to lead in 10-15 business days. We will never ghost you, and will never waste your time. After we invest, we use our massive network and strong reputation to help you pull together the rest of the round. Our goal is to partner with you day 0 and become the least annoying and most helpful investor.