1517 Fund

Executive Summary

1517 backs college dropouts, renegade students and deep‑tech / "sci‑fi" scientists at the R&D/idea stage through Seed across software, hardware with a data play, deep tech/sci‑fi tech, and biotech. They invest initial checks ranging from $50,000 (idea/R&D) up to $1,000,000 for deep tech/sci‑fi seed deals, with an average pre‑seed check of $400,000

Snapshot

Fund SizeN/A USD
Stages FocusPre-Seed, Seed
Sectors FocusBiotech, DeepTech
Portfolio Size7 companies

Investment Thesis

1517’s investment philosophy is anti‑establishment and founder‑first: they prioritize people (especially young, uncredentialed founders and renegade scientists) over conventional signals such as degrees or pedigree. They seek out founders “long before they know they should… talk to VCs,” provide early belief capital (micro‑grants through the Medici Project and angel-to‑seed checks), and pair capital with community, mentorship and operational support — trusting founders “long before any others will.” Their approach is to nurture contrarian talent at the edges of technology and science, betting on outsized outcomes born from unconventional backgrounds (examples cited include Ethereum, Figma, and Luminar).

Team & Activity

Active team contains 4 members (0 partners, 4 founders).

Frequently Asked Questions

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