Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

1517 Fund

Investor type Micro VC
Founders Danielle Strachman Michael Gibson

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 65
Average round size
info
The average size of a deal this fund participated in
$5M
Portfolio companies 48
Rounds per year 9.29
Lead investments 2
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.26
Exits 4
Key employees 4
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Information Technology
  • Artificial Intelligence
  • Health Care
  • Mobile Apps
Summary

1517 Fund is the famous VC, which was founded in 2015. The leading representative office of defined VC is situated in the San Francisco. The fund was located in North America if to be more exact in United States.

The higher amount of exits for fund were in 2018. The average startup value when the investment from 1517 Fund is 1-5 millions dollars. The real fund results show that this VC is 17 percentage points less often commits exit comparing to other companies. Deals in the range of 5 - 10 millions dollars are the general things for fund. The important activity for fund was in 2016. Despite it in 2019 the fund had an activity. This 1517 Fund works on 26 percentage points less the average amount of lead investments comparing to the other organizations. The fund is constantly included in 2-6 deals per year.

This organization was formed by Danielle Strachman, Michael Gibson. The overall number of key employees were 2.

The standard case for the fund is to invest in rounds with 6-7 partakers. Despite the 1517 Fund, startups are often financed by Techstars, Social Starts, Rough Draft Ventures. The meaningful sponsors for the fund in investment in the same round are Techstars, Social Starts, Invariantes Fund. In the next rounds fund is usually obtained by Social Starts, Invariantes Fund, WME Ventures.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most successful fund investment fields, there are Biotechnology, Artificial Intelligence. Among the most popular portfolio startups of the fund, we may highlight Luminar, Aura Health, Revlo. The fund has exact preference in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of 1517 Fund:
Typical Co-investors
1517 Fund is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after 1517 Fund:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Zeno Power Systems

Environmental Consulting
Renewable Energy
$20M26 Apr 2022 Nashville, Tennessee, United States

Upkeep

Beauty
Cosmetic Surgery
Information Technology
Medical
Medical Device
Mobile Apps
09 Apr 2022 Los Angeles, California, United States

Hydra Host

Cloud Infrastructure
Developer APIs
Web Hosting
$10M06 Apr 2022 Miami, Florida, United States

Buildergroop

Communities
Generation Z
Venture Capital
$1K29 Mar 2022 -

Hydrus.ai

Analytics
Artificial Intelligence
Machine Learning
Software
01 Dec 2021 San Francisco, California, United States

Space Perspective

Aerospace
Space Travel
Tourism
$40M14 Oct 2021 Florida, United States

Next Gen HQ

30 Aug 2021 New York, New York, United States

Lambda

Artificial Intelligence
Blockchain
Cloud Computing
Hardware
Information Services
Information Technology
Machine Learning
Software
$15M14 Jul 2021 San Francisco, California, United States

Topple

Ad Network
Advertising
Advertising Platforms
Internet
$500K03 May 2021 -
News
Lambda Raises $24.5M in Funding

– Lambda, a San Francisco, CA-based provider of deep learning GPU cloud services and computing hardware, raised $24.5M in financing.
– This financing round consists of a $15M Series A equity round and a $9.5M debt facility provided by Silicon Valley Bank.
– Primary investors include 1517, Gradient Ventures, Bloomberg Beta, Razer, and Georges Harik.
– The company will use the capital to expand its cloud and software engineering teams, pay for fixed assets related to its cloud business, and as working capital for its deep learning hardware business.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent 1517 Fund?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: