Version One Ventures

Last updated
Version One Ventures
IndustryVenture Capitalism
FounderBoris Wertz
HeadquartersBritish Columbia,
Canada
Key people
Angela Tran Kingyens
ServicesStartup Investment
Website versionone.vc   OOjs UI icon edit-ltr-progressive.svg

Version One Ventures is a Vancouver-based, early-stage venture capital firm founded by Boris Wertz [1] and run by him and his investing partner Angela Tran. [2] The company provides investments to startups, primarily in SaaS, marketplace, cryptocurrency, financial tech, and healthcare industries. [3]

Contents

Mr. Wertz raised his first, $18.7-million fund from outside investors in 2012. [4] In October 2014, Version One announced the launch of their second fund ($35 Million) with Northleaf Venture Catalyst Fund and BDC Capital as the two anchor LPs. [3] [5] Up to this point, Version One Ventures has made investments in many companies [6] including Figure 1, Mattermark, [7] Wattpad, Uniswap, AngelList, Indochino, Volley [8] and others. [9]

Company history

Version One Ventures was founded in July 2012. [4]

Boris Wertz

Boris Wertz started as an entrepreneur in 1999 founding the German company Just Books. This company was later purchased by Amazon.com in 2008 (a company Wertz couldn't compete with [10] ). [11] which spurred Wertz to make the transition from entrepreneur to investor. He has now been an investor for approximately seven years, [12] and was a board partner for the firm Andreessen Horowitz [1] based in Silicon Valley. He has been publicly recognized for his entrepreneurial achievements. [13]

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References

  1. 1 2 Darrell Etherington "Early Stage Investor Version One Ventures Closes $35M Second Fund" "TechCrunch", 2014. Retrieved 2015-10-07.
  2. "Congratulations to Angela Tran Kingyens, Version One's new General Partner". Version One. 5 September 2018. Retrieved 9 April 2019.
  3. 1 2 Michael Carney "Vancouver's Version One Ventures raises $35M to double down on its nomadic, cross-boarder early stage practice" "Pando"
  4. 1 2 "For Version One Ventures' Boris Wertz, failure is in the job description - 24News.ca". www.24news.ca. Retrieved 2015-11-03.
  5. Jeff Petland "Northleaf Venture Catalyst Fund commits $10 million to leading Canadian seed and early-stage fund manager Version One Ventures" "Northleaf," 2014.
  6. "Culture Club: Boris Wertz - VersionOne Ventures | Perch". Perch. Perch.co. Retrieved 2015-11-09.
  7. Etherington, Darrell. "Early Stage Investor Version One Ventures Closes $35M Second Fund". TechCrunch. Retrieved 2015-11-09.
  8. "Version One Ventures invests in Volley | CVCA News". CVCA News. Retrieved 2015-11-09.
  9. Etherington, Darrell. "Early Stage Investor Version One Ventures Closes $35M Second Fund". TechCrunch. Retrieved 2015-11-03.
  10. "Boris Wertz & Version One Ventures: The NW's Newest Early Stage VC | Xconomy". Xconomy. Retrieved 2015-11-09.
  11. "Boris Wertz of Version One Ventures on Staying Small for Bigger Returns" "Wall Street Journal"
  12. "Why Version One founder Boris Wertz tells Canadian entrepreneurs to look abroad" "Canadian Business," 2014.
  13. "Boris Wertz". www.indochino.com. Retrieved 2015-11-09.

Further reading