186 Ventures, a Boston MA-based venture capital firm that provides pre-seed and seed stage funding to impact-obsessed founders, raised $37M in funding.
Limited partners of the fund include tech founders and executives, institutional investors, fund of funds, and endowments.
Founded in August 2021 by Giuseppe Stuto and Julian Fialkow, 186 Ventures plans to fund data driven founders who focus on disruption and innovation, with an emphasis on fintech, web3, future of work, and media.
Julian Fialkow and Giuseppe Stuto funded 30 early-stage companies together as angel investors before starting 186 Ventures. They met at DraftKings, Inc., where Fialkow was an instrumental figure in standing up Drive, by DraftKings, the company’s first VC fund. Following an exit to DraftKings, Stuto was there overseeing product integration. They worked together on several strategic initiatives.
186 Ventures brings to founders a network across industry leaders, founders, and prominent investors, both on the East and West Coasts. Their investors include downstream VCs who provide invaluable insight and future funding support for 186 portfolio companies. The firm rapidly identifies and introduces potential co-investors, advisors, specialized support functions, or informal mentors as needed and help early-stage companies rapidly scale both operationally and financially.
FinSMEs
20/01/2021