Version One Ventures

Version One Ventures

Above everything else we invest in entrepreneurs, not businesses.

We love passionate entrepreneurs with deep domain knowledge. Entrepreneurs with great product and design instincts. Entrepreneurs who want to change the world but know that in order to do so, they need help. And yes, we love to help, when and where ever we can.

Besides the founder team we look for a few more things when evaluating an investment opportunity:

  • We only invest in consumer internet, e-commerce, SaaS and mobile opportunities. We do not invest in enterprise software, hardware, infrastructure or telecommunications companies.
  • We are mostly interested in early-stage opportunities (i.e. Seed or Series A rounds). Investments usually range from $250K to $500K per company.
  • We get most excited about strong founder teams that address large (hundreds of $ millions +), capital-efficient markets with a truly unique product and an easy-to-understand business model.
  • And we like to see some initial traction with – at the minimum – an existing prototype/alpha version that is currently being challenged by users

Here is what we can offer entrepreneurs:

  • We are active investors. Having run consumer internet companies ourselves, we understand the space and try to pass on as much of our knowledge as possible to our investments.
  • We make quick decisions. For start-ups, time is often of essence so if we decide to invest, we usually decide within days.
  • We have excellent contacts both in North-America and Europe. Having worked in the consumer internet space for almost 10 years and being long-term partners with one of the most successful German VC firms, we have excellent industry contacts on both sides of the ocean.

version one ventures has so far invested in more than 35 internet companies – we truly hope that we can add your company to our portfolio soon.


Website:
http://www.versiononeventures.com
Categories:
Venture Capital

News on Version One Ventures

Canadian Venture Capital Firm Launches $35 Million Fund to Invest in Tech Startups
Version One Ventures has closed its second fund. The early-stage fund venture capital firm for technology startups has raised $35 million for Fund II. The Vancouver-born VC firm says it will... more
A Fireside Chat with – and a Chance to Pitch to – Canadian Venture Capitalist Boris Wertz
Boris Wertz is one of the top tech early-stage investors in North-America and the founding partner of Version One Ventures. His portfolio encompasses more than 50 tech startups,... more
Five People You're Gonna Want to Meet at the GROW Conference
Five People You Should Meet At GROW By Techvibes.com The GROW conference always has many extremely successful and impressive keynote speakers. This year's conference is taking... more
Figure 1, an 'Instagram for Doctors,' Raises $4 Million from Union Square Ventures and Others
A Toronto-based medical photo sharing app has raised $4 million in financing. Figure 1 today raised $4 million in a round led Union Square Ventures for its app that, at 125,000 users, is drawing... more
The Rise of the Female Founder
We’re all too familiar with the very real gender gap within the tech community. Women are underrepresented as engineers, management, investors, and founders. A commonly cited statistic is... more
Open Government Data is a Massive Opportunity Nobody Has Unlocked Yet
I’m fascinated by the Open Data movement, particularly when it comes to government where the concept of open data hinges on the belief that data is a public asset—just like highways and... more
Launch Academy Announces 2014 Student Startup Challenge
Launch Academy launched its annual Student Startup Challenge this morning. The SSC's mission is to encourage more post-secondary students and recent grads to embrace entrepreneurship and build... more
Boris Wertz Joins Silicon Valley Investing Behemoth Andreessen-Horowitz as Board Member
Boris Wertz, an award-winning angel-turned-venture-capitalist whose expanded his reach from Western Canada to all of North America over the years, has become a fixture in Canada's investment scene... more
Wattpad Raises Whopping $46 Million in Series C Round Led by OMERS Ventures
  Toronto's Wattpad, the world’s largest community of readers and writers, announced today that they have raised $46 million in Series C funding led by OMERS Ventures with participation... more
Upverter Raises $2.3 Million to Expand Enterprise Business and Become Profitable
Upverter has raised $2.3 million. The Toronto-based startup raised the money from Boris Wertz’s Version One Ventures as well as Golden Venture Partners, Autodesk CEO Carl Bass, and David... more
Yes, VCs and Angels Should Use Every Single Product They're Investing In
PayPal President David Marcus recently stirred up the hornet’s nest with a memo scolding employees for not installing and using the PayPal app. In part, the email read: “Everyone at... more
Figure 1 Makes Photo Sharing App Available on Full Suite of Devices
Toronto startup Figure 1 announced today on their blog that their photo sharing app for health professionals is now available for Android and the web. Originally only available on iOS devices,... more
Front Desk Raises $4 Million Series A Round from Version One Ventures and Others
Front Desk has raised a Series A round. The funding round, worth $4 million, was led by Floodgate, but included money from existing investor Version One Ventures, founded by Vancouver's Boris... more
Version One Ventures Founder Boris Wertz: Here are Five Things That Make an Investor Great
As someone who is still relatively early in his investing career, I often think about what qualities set successful investors apart from the rest. Good investing doesn’t just happen. And... more
DMZ Alumnus Startup Figure 1 Raises $2 Million Seed Round
Digital Media Zone at Ryerson University alumnus company Figure 1 announced today that it has raised $2 million in seed funding. Figure 1, which developed a healthcare photo sharing app, incubated... more
There are Only Two Ways to Build a $100 Million Company, Boris Wertz Says at GROW
Tens of thousands of startups are founded every year. Without real potential to truly scale and become a large, stand-alone business, the vast majority of these companies whither on the vine.... more
Canadian Superangel: Here's How We Can Improve Our Country's Startup Ecosystem
Canada has a solid startup ecosystem, but we're not where we could be. Canadian superangel Boris Wertz discussed this topic with Quentin Casey in an interview with the Financial Post. The... more
What's More Important to a Startup: Product or Sales?
Startups are constantly asking themselves: should we focus on the quality of our product or the strength of the sales and distribution strategy? Award-winning Vancouver-based angel investor... more
Launch Academy Announces Winners of the 2013 Student Startup Challenge
Launch Academy announced today the winners of their Student Startup Challenge. Launched in mid-April, the Student Startup Challenge (SSC) encouraged student entrepreneurs to pitch their startup... more
BDC Adds Money to Boris Wertz's Version One Ventures Fund, Vows to Support Canadian Angels
Boris Wertz successfully raised $15 million for Version One Ventures last summer. With the original target set at $10 million, V1V was already oversubscribed. Now the Vancouver superangel has... more
Canadian Startup Jobber Raises $500,000 from Version One Ventures and Others
Edmonton-born Jobber, which specializes in cloud-based software for field service companies, announced today that it has raised $500,000 from existing investors Version One Ventures and Point Nine... more
Canada's Top 5 Angel Investors by AngelList Popularity
AngelList is increasingly becoming the place where early-stage and seed deals first get off the ground. Of late, the growing community of startup founders and investors has been transitioning... more
Canadian Startup Clarity Raises $1.6 Million Seed Round from Mark Cuban and Others
Clarity has raised $1.6 million in seed funding from Real Ventures, 500 Startups, Mark Cuban, Boris Wertz, Howard Lindzon, and more. The investors seem evenly split between Canada, where Clarity... more
There are Only Two Ways to Build a $100 Million Company According to This Canadian Superangel
Tens of thousands of startups are founded every year. Without real potential to truly scale and become a large, stand-alone business, the vast majority of these companies whither on the vine.... more
Canada Creates New Class of Visa to Attract Tech Entrepreneurs to Launch Startups Here
Canada today revealed that it plans to create a new class of visa, according to Reuters. Officials hope it will attract technology entrepreneurs to immigrate to the country to start new companies.... more
Seven Canadian Experts Share Their Best Marketing Tips for Startups
What should be the number one marketing priority for a new startup and why? That is the question asked by Mike Abasov over at Marketing Before Funding. But he didn't ask just anyone: he asked a... more
Win a Pair of Free Tickets to The Lean Crossroad! #leanxvan
Back in June we announced that Internet Masterminds, Lean Startup Vancouver, and Vancouver Tech Co-Founders were joining forces to host a new event: The Lean Crossroad. The event was a... more
Tech Community Rallies Behind Startup Weekend, the Birthplace of Tomorrow's Canadian Entrepreneurs
An African Proverb suggests that it takes a village to raise a child; such thinking is beginning to pervade the Vancouver startup community. In order to foster, and help develop future... more
Canadian Superangel Boris Wertz Launches $15 Million Micro-VC Fund
This morning Vancouver superangel Boris Wertz announced on his blog the launch of Version One Ventures, a new $15 million micro-VC fund. Version One is the first early-stage fund focused on web and... more
Top Hat Monocle Raises $8 Million in Series A Funding
Toronto's Top Hat Monocle announced this morning that it has closed an $8 million Series A financing round led by Emergence Capital Partners and iNovia Capital, along with SoftTech VC, Version One... more
Sunnytrail Helps Identify and Engage Your Most Influential Users and Customers
What would you do an influential, powerful celebrity purchased from your e-commerce site or signed up for your SaaS application? Chances are nothing, as you likely treat all your customers as... more

Address:
407 - 1250 Homer Street
Vancouver, British Columbia, Canada