Awesome People Ventures
UnclaimedAt a Glance
- Check Size
- $50K – $250K
- Stage
- Pre-Seed, Seed, Series A, Series B+
- Sectors
- Aerospace & Defense, Digital Health, Other +2
- Founded
- 2019
- HQ
- San Francisco, CA
About Awesome People Ventures
Awesome People Ventures is a venture capital firm investing in awesome founders at the pre-seed and seed stage, backing early-stage companies started by exceptional entrepreneurs building innovative products and services. The firm participates from pre-seed and seed through Series A and Series B+, across Aerospace & Defense, Digital Health, Consumer, Fintech and other sectors, and is led by general partner Julia Lipton.
The approach is deliberately narrow and people-first. Lipton underwrites the individual rather than the category, writing first checks of roughly $100,000 to $500,000 and reserving about 30 percent of each fund for follow-on. Fund II, a roughly $20 million vehicle, was built to reach about 40 companies over a two-year deployment period with a web3 tilt. The firm's first vehicle, organized in Delaware in 2019 as a series of Awesome People Ventures, LP and administered by Belltower Fund Group, filed a Form D for a $1,000,000 offering with $255,000 sold and a first sale in June 2019.
What distinguishes the firm is its carry structure. Lipton shares up to half the fund's GP economics with a distributed community of deal partners and sourcers, effectively turning her network into the sourcing engine and paying it like a partnership. Reported fund backers include Chris Dixon, Marc Andreessen, Multicoin Capital and One Medical's Tom Lee. Mem and Levels are the portfolio names most frequently cited in coverage of the fund.
Investment Thesis
“Invests in early-stage companies founded by exceptional entrepreneurs building innovative products and services.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- Awesome People Ventures runs as a series-LP structure administered by Belltower Fund Group on AngelList.
- Its first vehicle, Awesome People Ventures, a series of Awesome People Ventures, LP, was formed in Delaware in 2019 and filed a Form D on September 6, 2019 disclosing a $1,000,000 offering with $255,000 sold and a first sale on June 27, 2019.
- Fund II followed as a roughly $20 million vehicle oriented toward web3, built to reach about 40 companies over a two-year deployment window with first checks of $100,000 to $500,000 and a 70 percent first-check, 30 percent follow-on allocation.
- Reported backers of the fund include Chris Dixon, Marc Andreessen, Multicoin Capital and One Medical's Tom Lee.
- General partner Julia Lipton distributes up to half of the fund's GP carry to a wider community of deal partners and sourcers, a structure she runs through AngelList's Deal Partners program.
- Check size and cadence place the firm squarely at pre-seed, where it writes first money into a small number of positions each year.
Team (1)
Frequently Asked Questions
What stage does Awesome People Ventures invest at?
Awesome People Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Awesome People Ventures located?
Awesome People Ventures is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Awesome People Ventures focus on?
Awesome People Ventures focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
What is Awesome People Ventures's typical check size?
Awesome People Ventures's typical investment check size ranges from $50K to $250K. Actual amounts may vary based on the stage, sector, and specific opportunity.
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