The Founder's Guide to

1517 Fund

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Overview

Founded in 2015 by Danielle Strachman and Michael Gibson, 1517 Fund is a venture capital firm based in the United States with a committed capital of $175 million. The firm focuses on supporting young entrepreneurs, particularly those who are dropouts, students, or deep tech scientists. It aims to assist uncredentialed individuals in starting and growing their ventures.

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Frequently Asked Questions

Does 1517 Fund lead rounds?

1517 Fund typically participates in early-stage rounds, often leading investments in companies that align with their mission to support uncredentialed founders.

What is 1517 Fund's stance on follow-on investments?

The fund is open to follow-on investments, particularly for companies that demonstrate significant growth and alignment with their focus areas.

How large is 1517 Fund's current fund?

The current fund size is $175 million, dedicated to supporting early-stage ventures.

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