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.
59% of their portfolio is in Crypto & Web3. Their most common stage is seed (44% of deals). Average disclosed round size is $14.1M (across 23 rounds with reported amounts).
Portfolio
21
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
27 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Limitless AI | Seed | $10M | Jan 2025 |
 Keplr | Seed | $5M | Jan 2025 |
 Pimlico | Pre-Seed | $1.6M | Sep 2023 |
 Metahood | Seed | $3M | Jan 2023 |
 Phi Labs | Seed | $21M | Mar 2022 |
| Phi Labs | Seed | $21M | Jan 2022 |
 Notional | Series A | — | Jan 2021 |
| Notional | Seed | $10M | Jan 2021 |
 dYdX | Series C | $65M | Jan 2021 |
 dYdX | Series C | $65M | Jan 2021 |
 Harbor | Series B | $28M | Apr 2018 |
| dYdX | Series A | $10M | Jan 2018 |
| dYdX | Series A | $10M | Jan 2018 |
| dYdX | Seed | — | Jan 2017 |
| dYdX | Seed | $2M | Jan 2017 |
 iCash | Unknown | — | — |
 Primitive | Series A | $9M | — |
 Index Coop | Unknown | $10M | — |
 Limitless | Seed | $10M | — |
 Arpeggi Labs | Seed | $5.1M | — |
 Arpeggi | Seed | $5.1M | — |
 Rated | Series A | $12.9M | — |
| AAcala Network | Series A | $7M | — |
| LLimitless Exchange | Seed | $10M | — |
 Gigaverse | Unknown | $2M | — |
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Top Co-Investors
Abstract Ventures7 shared
Andreessen Horowitz6 shared
Kindred Ventures6 shared
Vy Capital5 shared
Pantera Capital5 shared
Craft Ventures5 shared
Nascent4 shared
Arrington Capital4 shared
Coinbase Ventures4 shared
Wintermute Ventures4 shared
CMS Holdings4 shared
Polychain Capital4 shared
Bain Capital Ventures4 shared
Dragonfly4 shared
Flyer One Ventures3 shared
SID Venture Partners3 shared
F-Prime Capital3 shared
Collider Ventures3 shared
Digital Currency Group3 shared
Last updated: 20 October 2026