1confirmation

2017

Founded

30

Investments

United States

Offices

Venture Fund

Investor Type

About

1confirmation is a venture capital firm established in 2017, specializing in the cryptocurrency sector. Founded by Nick Tomaino, the firm focuses on supporting exceptional founders who are driving the decentralization of the web and society. With over $1 billion in assets under management, 1confirmation has invested in notable projects such as OpenSea, Coinbase, dYdX, Ethereum, and Nexus Mutual.

The firm's investment strategy emphasizes building strong partnerships with founders to effectively support their ventures. In 2021, 1confirmation raised $125 million for its third fund, significantly larger than its previous funds, aligning with its commitment to projects that advance decentralized technology and empower individuals. Early backers include Mark Cuban, Marc Andreessen, Balaji Srinivasan, and Brendan Eich.

Investment Focus

No items found.

Investment Stage

Portfolio Companies

OpenSea, Coinbase, dYdX, Ethereum, Nexus Mutual, Meebits, Keplr, Limitless, Polymarket, Degen

Gepgraphic Focus

United States, Global

Key Differentiators

Focus on decentralization of the web and society, Strong partnerships with founders, Investments in leading crypto projects

Thypical Investment Size

Not publicly disclosed

Total Funds Raised

$125 million

Visit Website

San Francisco

Seed

Series A

Series B

United States