# Version One: portfolio, investments and team

> Version One is a vc firm based in United States. 11 investments on record, 1 in the last 12 months, latest Apr 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/version-one-2 (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Version One

Last cheque observed Apr 2026; 11 cheques on record.

Email

Deploying now New fund $78M, Jun 2026 VC firm

Seed Series B Series A

Follow Version One and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fversion-one-2)

Deploying now

**100%** of best year **1** **cheques in 12 months**, 11 on record

Since the last cheque **191** days **00** hrs **00** min **00** sec

Median round **$7.7M** Rounds led **0 of 11** Mostly in **United States, 60%**

Pitch Version One

## Version One highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series B: 71% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **11 appearances**

- **2026** 1 round
- **Apr** **[Swoop](https://millionrounds.com/company/swoop)** Seed · SZ · TechCabal **$7.3M** With 7 others
- **2019** 3 rounds
- **Nov** **[Scanwell](https://millionrounds.com/company/scanwell)** US · Mobihealthnews **$3.5M** With 5 others
- **May** **[Pickle Robotics](https://millionrounds.com/company/pickle-robotics)** Seed · US · Americaninno **$3.7M** With 5 others
- **Mar** **[Gencove](https://millionrounds.com/company/gencove)** US · FinSMEs **$3.0M** With 4 others
- **2018** 3 rounds
- **Dec** **[Ada](https://millionrounds.com/company/ada)** CA · FinSMEs **$14M** With 4 others
- **Nov** **[Lolli](https://millionrounds.com/company/lolli)** Seed · Coindesk **$2.3M** With 9 others
- **Mar** **[Drover](https://millionrounds.com/company/drover)** GB · FinSMEs **$7.7M** With 4 others
- **2017** 4 rounds
- **Sept** **[Manifold](https://millionrounds.com/company/manifold)** Series A · US · FinSMEs **$15M** With 4 others
- **Aug** **[Booster](https://millionrounds.com/company/booster)** Series B · US · FinSMEs **$20M** With 7 others
- **Jun** **[Figure 1](https://millionrounds.com/company/figure-1)** Series B · US · FinSMEs **$10M** With 6 others
- **Feb** **[Top Hat](https://millionrounds.com/company/top-hat)** Series C · CA · FinSMEs **$23M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**3+** funds on file numbered funds in its name

## Companies it bought

Acquisitions by the firm itself

**ClearCode Labs** **Undisclosed** Oct 2015

New fund on file

**$78M**

raised in Jun 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series B Series A

Median round joined **$7.7M** the round, not its cheque

Led 0 of 11 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Seed *3*
- Series B *2*
- Series A *1*
- Series C *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [BURST Capital Management, LLC](https://millionrounds.com/fund/burst-capital-management-llc) 2
- [RRE Ventures](https://millionrounds.com/fund/rre-ventures) 2
- [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as Version One. A count of rooms they were both in, not a relationship either has claimed.

[**BURST Capital Management, LLC** VC firm **2** rounds together](https://millionrounds.com/fund/burst-capital-management-llc)[**RRE Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/rre-ventures)[**Union Square Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/union-square-ventures)

## Recently backed

The latest companies Version One put money into.

[**Swoop** $7.3M · Apr 2026](https://millionrounds.com/company/swoop)[**Gencove** $3.0M · Mar 2019](https://millionrounds.com/company/gencove)[**Drover** $7.7M · Mar 2018](https://millionrounds.com/company/drover)[**Booster** $20M · Aug 2017](https://millionrounds.com/company/booster)[**Top Hat** $23M · Feb 2017](https://millionrounds.com/company/top-hat)

## On podcasts

4 episodes naming Version One in the title, and 4 more that mention it.

- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 15 Dec 2024 · 53 min Lessons From 25 Years of Investing with Boris Wertz, Founder and GP, Version One Ventures Mentions [Boris Wertz](https://millionrounds.com/fund/boris-wertz)[Version One](https://millionrounds.com/fund/version-one-2)[Version One Ventures](https://millionrounds.com/fund/version-one) Apple Podcasts
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 14 May 2018 · 24 min 20VC: Why Crypto Is The Biggest Disruptor To Hit VC In A Decade, The State of Crypto Today & Why Investing In Decentralized Platforms Requires A New Mental Model with Boris Wertz, Founding Partner @ Version One Ventures Mentions [Boris Wertz](https://millionrounds.com/fund/boris-wertz)[Version One](https://millionrounds.com/fund/version-one-2)[Version One Ventures](https://millionrounds.com/fund/version-one) *+2* Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 28 Dec 2015 · 30 min 20 VC: The Ultimate Guide To Marketplaces with Boris Wertz, Founding Partner @ Version One Ventures Mentions [Boris Wertz](https://millionrounds.com/fund/boris-wertz)[Version One](https://millionrounds.com/fund/version-one-2)[Version One Ventures](https://millionrounds.com/fund/version-one) *+1* Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 21 May 2015 · 23 min 20 VC 038: How Make Connections with VCs and Maximise Employability with Angela Tran Kingyens @ Version One Ventures With [Angela Tran](https://millionrounds.com/person/angela-tran)[Angela Tran Kingyens](https://millionrounds.com/person/angela-tran-kingyens) Mentions [Version One](https://millionrounds.com/fund/version-one-2)[Version One Ventures](https://millionrounds.com/fund/version-one)[Fred Wilson](https://millionrounds.com/fund/fred-wilson) *+2* Apple PodcastsShow page

### Mentioned in

- [The BetaKit Podcast](https://millionrounds.com/podcasts/betakit) 23 Feb 2026 · 52 min How to fix Canada's Start-up Visa Apple PodcastsShow page
- [The BetaKit Podcast](https://millionrounds.com/podcasts/betakit) 10 May 2024 · 52 min Tobi Lütke finally comes on the podcast Apple PodcastsShow page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 17 Mar 2020 · 45 min Digital Health and Marketplaces with Angela Tran Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 16 Mar 2018 · 27 min 20VC: Why Virtually All Companies Hire The Wrong Way, Why EdTech Is The Most Brutal Market & How To Scale Your Sales Team for Engineering Founders with Mike Sliagadze, Founder & CEO @ Top Hat Apple PodcastsShow page

## Quick answers about Version One

### What does Version One invest in?

Version One invests most often at Seed and Series B (71% of the rounds on record).

### How active is Version One?

11 investments on record, 1 of them in the last 12 months. The most recent was in Apr 2026.

### What has Version One invested in recently?

Its most recent investments on record: Swoop (Seed, Apr 2026), Scanwell (Undisclosed round, Nov 2019) and Pickle Robotics (Seed, May 2019).

### How big are Version One's cheques?

The median round it joins is $7.7M.

### Does Version One lead rounds?

Rarely, if at all: none of its 11 investments on record names it as the lead.

### Where does Version One invest?

Most of the companies it backs are in the United States (60%), Canada (20%) and Eswatini (10%).

### Is Version One investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Version One invest alongside?

Most often BURST Capital Management, LLC (2 rounds together), RRE Ventures (2 rounds together) and Union Square Ventures (2 rounds together).

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