1984 Ventures
UnclaimedAt a Glance
- Check Size
- $750K – $750K
- Stage
- Pre-Seed, Seed
- Sectors
- SaaS, AI, DevTools
- HQ
- Palo Alto, CA
About 1984 Ventures
1984 Ventures is a pre-seed and seed venture capital firm investing in SaaS, artificial intelligence and developer tools. It was established by Ramy Adeeb, described by the firm as a serial entrepreneur and investor, and operates out of Palo Alto, California, with its third fund registered in New York.
The firm's thesis is deliberately unfashionable. It targets what it calls unsexy, antiquated markets, the categories where incumbent workflows still run on paper, phone calls and legacy software, and it explicitly avoids crypto and virtual reality. Its published focus areas are vertical AI, developer tools and infrastructure, and digital health, all downstream of the same view: software applied to industries that have been slow to adopt it produces more durable businesses than software applied to industries already saturated with it.
Structurally, 1984 runs a concentrated seed practice backed by a layer of special purpose vehicles. SEC records show a debut fund, a second fund that filed for a $60 million offering in March 2021, a third fund registered in New York, and six single-deal Master Series partnerships named after painters, from Gaudi and Dali to Warhol and Van Gogh, which the firm uses to follow on into its strongest positions.
The firm measures itself on graduation rate rather than markups, reporting that 75 percent of its portfolio has gone on to raise a Series A from firms including Sequoia, Andreessen Horowitz and Founders Fund. That metric, rather than a marquee logo list, is the pitch it makes to limited partners and to management teams choosing a first institutional check.
Investment Thesis
“Targets unsexy antiquated markets with technology solutions while avoiding crypto and VR investments.”
Sector Focus
Investment Stage
Fund History
- SEC filings trace a nine-entity structure. 1984 Ventures, L.P., a California partnership, is the debut vehicle. 1984 Ventures II, L.P. filed a Form D in March 2021 for a $60 million offering, with Ramy Adeeb signing as managing member of the general partner. 1984 Ventures III, L.P. followed, registered as a New York entity rather than a California one.
- Alongside the core funds the firm runs a series of concentration vehicles named after painters: Master Series partnerships for Gaudi and Gaudi II, Dali, Warhol, and Van Gogh and van Gogh II. That pattern indicates the firm follows on into its strongest positions through dedicated special purpose vehicles rather than reserving heavily inside the commingled funds.
- The firm reports that 75 percent of its portfolio has gone on to raise Series A rounds from investors including Sequoia, Andreessen Horowitz and Founders Fund.
- It does not publish a consolidated committed capital figure.
Team (1)
Frequently Asked Questions
What stage does 1984 Ventures invest at?
1984 Ventures 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 1984 Ventures located?
1984 Ventures is headquartered in Palo Alto, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does 1984 Ventures focus on?
1984 Ventures focuses on investments in SaaS, AI, DevTools. Their portfolio reflects deep expertise and networks within these sectors.
What is 1984 Ventures's typical check size?
1984 Ventures's typical investment check size ranges from $750K to $750K. Actual amounts may vary based on the stage, sector, and specific opportunity.
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