Version One Ventures
Version One Ventures is an early-stage venture capital firm based in Vancouver, British Columbia, with a presence in San Francisco, USA. Founded in July 2012 by Boris Wertz and Angela Tran, the firm focuses on investing in mission-driven founders who are creating innovative technology companies. With a portfolio of over 116 companies, including six unicorns, Version One Ventures emphasizes a "small fund ethos" that promotes high-conviction investing and close collaboration with entrepreneurs. The firm provides capital investments typically ranging from $250,000 to $1.5 million, primarily targ
Investing activity
Version One Ventures appears in 1 AI deal tracked by the Lounge deals desk, and led 1 of them. The rounds are mostly Seed, with a median round size of $5M. The most recent is Pilot Protocol (Seed, $4.5M, Jul 2026).
Version One Ventures most often invests alongside The Todd & Rahul Angel Fund, Night Capital, Todd & Rahul Capital and Lenny Rachitsky, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Version One Ventures
What AI companies has Version One Ventures invested in?
Version One Ventures's AI investments include Pilot Protocol. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
Where is Version One Ventures based?
Version One Ventures is based in Vancouver, British Columbia, Canada.
What stage does Version One Ventures invest at?
In the rounds tracked on Lounge, Version One Ventures has invested at Seed, with a median round of $5M. Version One Ventures led 1 of those rounds.
Who does Version One Ventures co-invest with?
Version One Ventures's most frequent co-investors on Lounge are The Todd & Rahul Angel Fund (1 deal), Night Capital (1 deal), Todd & Rahul Capital (1 deal), Lenny Rachitsky (1 deal) and Ben Tossell (1 deal).
How can founders reach Version One Ventures?
Founders on Lounge can see Version One Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Version One Ventures to their Investor Pipeline to track the conversation.