Description
One Way Ventures is an early-stage venture capital firm headquartered in Boston, Massachusetts with additional presence in San Francisco that specializes in backing exceptional immigrant founders — entrepreneurs whose personal immigration journey reflects resilience, resourcefulness, and the drive to build global, high-growth companies.
Specific Funding Stage
Pre-Seed: One Way often leads or co-leads pre-seed rounds as the first institutional investor in immigrant-founded companies.
Seed: Core focus on seed-stage investments, helping startups accelerate product development, early traction, and scaling.
Series A: Selective participation in Series A rounds for high-momentum portfolio companies as they mature.
Investment Size & Model
Typical check sizes range from ~$500K to $1M+, with flexibility up to $3M depending on stage, round dynamics, and lead/co-investor structure.
Investments are structured on a deal-by-deal basis and may use SAFEs, convertible notes, or early preferred equity consistent with early stage VC norms. ^(inferred)
Venture Capital & Growth
One Way has raised multiple funds (e.g., Fund I, Fund II at ~$57.5M, Fund III) to fuel its thesis and deploy capital across North America.
The firm’s portfolio spans technology-enabled sectors, including SaaS, AI/ML, fintech, consumer tech, health tech, and deep tech — all grounded in strong technical foundations and scalable business models.
Application & Engagement
Founders typically engage via warm introductions from network partners, advisors, or direct outreach through the firm’s “Pitch Us” channels on its website.
Because of its unique thesis, the team prioritizes alignment with its mission to elevate immigrant-led innovation.
Eligibility
Sector Focus: Technology sectors such as SaaS, fintech, AI/ML, infrastructure, cloud, and other software-driven markets — often with global ambition.
Geography: Primarily U.S. and Canada-based startups, with a preference for teams that can engage with One Way’s portfolio support and market networks.
Corporate Profile: Early-stage companies with product, prototype, or early customer validation seeking institutional backing.
Team: Immigrant founders or founding teams where at least one founder has lived immigration experience — as the core thesis drives selection and partnership.
Process
Initial Intake: Submission of pitch deck, founder details, and early traction information. ^(standard VC practice)
Partner Review: Multi-stage assessment by managing partners (e.g., Semyon Dukach, Lex Zhao, Eugene Malobrodsky) focusing on product, market, and founder fit.
Due Diligence: Market, technical, team, and competitive diligence conducted collaboratively with internal analysts and external advisors. ^(standard VC practice)
Deal Structuring: Terms negotiated based on stage, capitalization needs, and strategic priorities. ^(standard VC practice)
What an Applicant can Obtain
Strategic Capital: Early institutional capital critical for product development, go-to-market execution, and recruiting.
Mentorship & Network: Access to seasoned operators, immigrant founder networks, and strategic partners who share both cultural perspective and startup experience.
Follow-On Support: Continued support for raising subsequent rounds and connecting to broader VC partners as companies scale beyond seed stage.
Notable Portfolio Companies
– Brex: Fintech platform for strategic finance teams; notable unicorn in fintech.
– Chipper Cash: Cross-border consumer fintech.
– Buddy.ai: AI-driven language tutoring.
– Britive: Cloud security SaaS.
– Airfox: Digital financial services.