1517 Fund
UnclaimedAt a Glance
- Check Size
- $50K – $400K
- Stage
- Pre-Seed, Seed
- AUM
- $175M+
- Sectors
- Deeptech, Enterprise
- Founded
- 2015
- HQ
- Telluride, CO
About 1517 Fund
1517 Fund is a venture capital firm based in San Francisco, CA founded in 2015. 1517 Fund is an anti-establishment educational institution and VC firm backing founders at the earliest stages of their careers and companies. The firm focuses on Pre-Seed, Seed investments across sectors including Deeptech, Enterprise. Notable portfolio companies include Figure, Juniper Square, Boom Supersonic and Esper. Invests at extreme inception and favors non-traditional founders, particularly those outside traditional academic and corporate pathways.
Investment Thesis
“Invests at extreme inception and favors non-traditional founders, particularly those outside traditional academic and corporate pathways.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- 1517 has committed more than $175 million across four flagship funds since Danielle Strachman and Michael Gibson started the firm in 2015.
- SEC filings show 1517 Fund I, L.P. organized in 2015, taking its first sale on 14 August 2015 and reporting $6.4 million sold, with a companion 1517 Fund I Sidecar LP the same year. 1517 Fund II, L.P. was organized in 2018, took its first sale in March 2019 against a $40 million target, and had reported $18.95 million sold by June 2020. 1517 Fund IV, L.P. and 1517 Fund IV-A, L.P. were organized in 2025 with a first sale on 12 May 2025; amendments reported $41.8 million sold in May 2026 and $43.1 million by September 2026, filed from a Colorado address.
- More than fifteen single-company SPVs run alongside the funds, lettered A through U. The firm reports portfolio market capitalisation above $10 billion, and writes checks from $50,000 at the idea and research stage up to $1 million for deep tech seed rounds.
SEC Fund Filings
- Vehicles filed, last 24 months
- 4
- Latest filing
1517 Fund filed a Form D for 4 fund vehicles between Sep 30, 2024 and Sep 29, 2026.
| Fund vehicle | Source |
|---|---|
| 1517 Fund - SPV U, L.P. | SEC Form D, filed |
| 1517 Fund - SPV S, L.P. | SEC Form D, filed |
| 1517 Fund IV-A, L.P. | SEC Form D, filed |
| 1517 Fund IV, L.P. | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to 1517 Fund by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Team (1)
Frequently Asked Questions
What stage does 1517 Fund invest at?
1517 Fund primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is 1517 Fund located?
1517 Fund is headquartered in Telluride, CO. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does 1517 Fund focus on?
1517 Fund focuses on investments in Deeptech, Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
What is 1517 Fund's typical check size?
1517 Fund's typical investment check size ranges from $50K to $400K. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does 1517 Fund have under management?
1517 Fund manages approximately $175M+ in assets under management (AUM) across their funds.
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