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Venture Capital

Act One Ventures

Act One Ventures backs early-stage and high-growth companies, typically pre-profit, from Los Angeles, California, USA. It states a focus on software & internet.

Capital raised$96macross 3 SEC-filed vehicles
Most recent fund2021filing since 2016
HeadquartersLos Angeles, California, USA
Stated cheque size$1-3M per investment

Stated investment criteria

What Act One Ventures says it buys

Read from Act One Ventures’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

People listed on its team page111

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Act One Ventures to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Act One Ventures has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed3
Total capital raised$96m
Largest single vehicle$73m
Filing history2016 to 2021
Smallest accepted commitmentNone stated
Filed fromCALIFORNIA

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Act One Ventures is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusExempt reporting adviser
Regulatory assets under managementNot reported by an ERA
Private funds advised8 · $144m gross
SEC adviser numberCRD 283875

An exempt reporting adviser is not required to report regulatory assets under management, so the blank above means the question was not asked rather than that the answer is unknown. Where a figure exists it is the gross asset value of the private funds the firm advises, which is a different and usually larger measure.

Portfolio

Disclosed holdings

Companies Act One Ventures lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
AMN Healthcare
AcquiOS
AuditBoard
BLAZE
Cartwheel
Clifton AI
Dragonboat
Finix
Flossy
Glitzi
GroWrk
Heard
KayN
Kriptos
Lapzo
Meetgail
Ordana
QLess
Repeat
Social Native
Sora
Tapcart
TimeStudy
Tiriel
Veryfi
Worknet
XILO
aivahealth.com
bloom-life.com
branchapp.com
chordcommerce.com
getgen.ai
getmetatate.com
getoptimal.ai
nearfleet.com
planethowl.com
trackroyalty.com

Compiled from Act One Ventures’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other venture capital investors active in software & internet.