Founded by Nick Tomaino in 2017, 1confirmation is an early-stage venture fund that supports exceptional founders fueling the decentralization of the web and society. The firm is crypto-focused with over $1B in assets under management and has backed companies including OpenSea, Coinbase, Polymarket, and Worldcoin.
75% of their portfolio is in Crypto & Web3. Their most common stage is seed (42% of deals). Average disclosed round size is $11.3M (across 10 rounds with reported amounts).
Portfolio
12
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Limitless | Seed | $10M | Jan 2025 |
 Pimlico | Pre-Seed | $1.6M | Sep 2023 |
 Phi Labs | Seed | $21M | Mar 2022 |
 Notional Finance | Series A | — | Jan 2021 |
 Harbor | Series B | $28M | Apr 2018 |
| IiCash | Unknown | — | — |
 Primitive | Series A | $9M | — |
 Index Coop | Unknown | $10M | — |
 Limitless Exchange | Seed | $10M | — |
 Arpeggi Labs | Seed | $5.1M | — |
 Arpeggi | Seed | $5.1M | — |
 Rated | Series A | $12.9M | — |
Top Co-Investors
Andreessen Horowitz3 shared
Pantera Capital2 shared
Nascent2 shared
Flyer One Ventures2 shared
SID Venture Partners2 shared
F-Prime Capital2 shared
Collider Ventures2 shared
Arrington Capital2 shared
Coinbase Ventures2 shared
Wintermute Ventures2 shared
WndrCo2 shared
a16z crypto2 shared
Electric Feel Ventures2 shared
Palm Tree Crew2 shared
Multicoin Capital1 shared
Vy Capital1 shared
Scale Venture Partners1 shared
Abstract Ventures1 shared
Insignia Ventures Partners1 shared
Craft Ventures1 shared
Last updated: 7 September 2026