1417 Fund is a venture capital and private equity firm making early stage investments (grant, pre-seed, and seed) in technology companies that is headquartered in San Francisco, California and was founded in 2015 by Danielle Strachman and Michael Gibson. Gibson and Strachman previously worked at the Thiel Foundation and helped cofound the Thiel Fellowship.
1517 supports teams with grant, pre-seed, and seed funding for technology startups. Their focus is on makers, hackers, and scientists interested in working outside tracked institutions because they believe that the path geared towards higher education is not for all. They motivate people to work on what they’re passionate about, to learn by doing, and to create new technologies.
Notable investments made by 1517 include: Luminar, Fountain, Foxtrot Systems, Fleet, Dreamscope, Deepgram, Forge, Major League hacking, Pillar Technologies, Exvivo, Union Crate, Cents, Hamama, Spira, and Epharmix.
Associated Investment Funds
Funding Rounds Participated In
- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies, that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.