Version One Ventures

Version One Ventures is a prominent venture capital firm based in Vancouver, Canada, known for its strategic investments in early-stage, mission-driven founders. Established with a clear focus on identifying nascent opportunities, the firm primarily targets Seed-stage companies across North America. Their investment thesis centers on backing entrepreneurs who are pioneering new areas, particularly within the dynamic sectors of Software-as-a-Service (SaaS), marketplaces, and the burgeoning crypto space. Version One positions itself as a crucial early partner for startups, often being the first institutional capital provider.

The firm's investment approach is hands-on and strategic, frequently leading Seed rounds and taking board seats to actively support their portfolio companies. This deep engagement reflects their commitment to helping founders navigate the complexities of early growth and market development. Version One Ventures seeks out companies with strong product-market fit potential and scalable business models, emphasizing long-term partnerships over transactional investments. Their geographical focus on North America allows for concentrated support and network leverage within key innovation hubs.

Version One Ventures is currently deploying capital from its fifth fund, Fund V, which successfully closed at $100 million in 2022. This substantial fund enables them to make meaningful initial investments, with typical first checks ranging from $1 million to $3 million. Over its history, Version One has built a robust portfolio of over 100 companies, demonstrating a consistent track record of identifying and nurturing promising ventures from their earliest stages. Their disciplined yet founder-centric investment philosophy has solidified their reputation as a key player in the North American seed funding ecosystem.