Version One Ventures

Version One Ventures
Industry Venture Capitalism
Headquarters British Columbia, Canada
Key people
 Angela Tran Kingyens
Services Startup Investment

Version One Ventures is a Vancouver-based, early-stage investment fund company founded by Boris Wertz[1] and managed by his associate Angela Tran Kingyens. The company provides investments to startups, primarily in SaaS and marketplace industries.[2]

In the beginning of his company, Mr. Wertz raised his first, $18.7-million fund from outside investors in 2012.[3] In October of last year (2014), Version One announced the receipt of its second investment of $35 Million by Northleaf Venture Catalyst Fund and LP BDC Capital.[2][4] Up to this point, Version One Ventures has made investments in many companies [5] including Figure1, Mattermark,[6] Wattpad, Volley[7] and others.[8]

Company history

Version One Ventures was founded in July 2012.[3]

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[9]).[10] which spurred Wertz to make the transition from entrepreneur to investor. He has now been an investor for approximately seven years,[11] and is on the board for the firm Andreessen Howitz[1] based in Silicon Valley. He is "not the best known venture capitalist in the world," as the venture capitalist scene is difficult to enter.[12] He's been publicly recognized for his entrepreneurial achievements.[13]

References

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

Further reading

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