1confirmation

Open networks are empowering the masses

Palo Alto, United States · Founded 2017 · $196.0M raised

Headquarters
Palo Alto
Employees
1–10
Founded
2017
Business Model
B2B
Total Funding
$196.0M
Last Round
$125.0M Venture RoundMay 2021
Rounds
3

About

1confirmation is an early-stage venture capital fund founded in 2017 by Nick Tomaino, backing exceptional founders building in crypto and Web3. Now a leading cryptocurrency-focused investment firm, it manages more than $1 billion in assets under management and made early bets on projects including Ethereum and Polymarket. Based in Palo Alto, California, its portfolio spans blockchain infrastructure, decentralized applications, and open-network protocols centered on the firm's thesis that open networks empower the masses.

Summary

1confirmation is a Crypto & Web3 company based in Palo Alto, United States, founded in 2017. It has raised $196.0M in total across 3 rounds, most recently a $125.0M Venture Round round in May 2021. Investors include Mark Cuban and Real Ventures.

Tech & App Stack

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Funding History

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Venture RoundVenture RoundMay 2021
$125.0M

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Venture Round — per-round amounts, valuations, and who invested in each round.

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