Act One Ventures
662 N Sepulveda Blvd, Suite 300, Los Angeles, CA, 90049, United States
Overview
Act One Ventures is a pre-seed and seed-stage fund that focuses on investing in business software. The firm leads pre-seed and seed rounds. The team is made up of founders who understand the journey of building companies having founded and taken a company public. Alejandro Guerrero and Michael Silton formed the fund in Los Angeles, California in 2016. Act One Ventures has adopted the Diversity Term Sheet Rider. Focus areas include e-commerce infrastructure software, Vertical SaaS and Fintech
- Total investments
- 32
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- E-Commerce Platforms
- FinTech
- SaaS
- Software
- Venture Capital
Investment portfolio
- logcat.ai
Participated · Seed · Jul 2026
logcat.ai develops Delta, an AI platform that ingests kernel dumps, modem logs, and bug reports to detect root causes in minutes and recommend code-level fixes automatically. Founded in 2025 by former Esper engineers Varun Chitre and Tarun Vashisth, the company targets Android and Linux device engineering workflows. The startup says it has analyzed more than 10 billion lines of trace data and that hundreds of engineers are already using its platform. logcat.ai positions itself as an AI backbone for faster and more efficient operating-system-level engineering. The company recently closed a $2.55M Pre-Seed round led by Founders Co-op with multiple participating investors, providing initial capital to scale the product and team. No revenue, valuation, or detailed go-to-market metrics were disclosed in the articles.
- Chord
Participated · Equity · Mar 2025
Chord builds an AI platform designed to power modern commerce operations by unifying data, operational context, and execution into what it calls a "context graph," a living operational memory of metrics, rules, decisions, constraints, and trade-offs. The company says its platform enables brands to generate insights and immediately take action, compressing workflows that previously required multiple teams into minutes, and that teams are increasingly using Chord in place of traditional BI tools. Chord was built by the team behind Glossier and says customers using the platform collectively represent over $1 billion in annual revenue; named customers include Mr. Beast, Ritual, Ruggable, Rodan + Fields, and Blue Bottle Coffee. The company reports organic expansion within customers and that Copilot usage has tripled as adoption shifts from legacy analytics. With the new funding, Chord plans to accelerate its agent infrastructure development and scale across mid-market and enterprise commerce and retail brands generating $20M–$1B in revenue.
- Latii
Participated · Seed · Oct 2024
Latii operates a managed marketplace and supply-chain automation tool that lets U.S. customers source precision-made, design-forward windows and doors from fabricators in Latin America, Southern Europe, and North Africa. The company targets luxury architects, high-end dealers, and builders, claiming savings of up to 60% while maintaining quality and offering access to specialty aluminum and steel fenestration styles. Latii says it has worked with customers in Texas and facilitated more than $1 million in orders in the past twelve months, and has validated product-market fit and unit economics. Leadership (CEO Santiago Bueno and COO Juan Pascual) plans to use new capital to develop and launch AI-powered tools, including an automated quoting engine, to streamline quoting and production processes. The company is positioning its technology to scale U.S. expansion across the Pacific Northwest, Mountain Region, and the New York Tri-State Area. Latii frames its opportunity within the $1.7 trillion U.S. construction market and the $65 billion window and door market.
- Crediverso
Participated · Series A · Sep 2023
Crediverso launched at TechCrunch Disrupt 2020 and has helped thousands of users in the U.S. Latino community with financial-product advice. The company recently expanded into legal tech with My Pocket Lawyer, an offering powered by generative AI and large language models to collect data and provide legal resources. My Pocket Lawyer is currently in private beta and being tested by a handful of users. Crediverso also operates the Crediverso Learning Center, which breaks down complex legal and financial information into digestible terms for Spanish- and English-speaking communities. The startup raised $3.5 million in a pre-Series A round and has total funding of $6.6 million. The company plans to deploy the new capital into technology and product development, launch My Pocket Lawyer, build a network of qualified attorneys, and make additional features publicly available beyond contract analysis.
- Afterparty
Participated · Equity · Sep 2023
Afterparty is a platform that provides creators with live streaming, 1:1 chats, IRL community events, and token-gated collectibles to monetize and deepen fan relationships. The company is introducing Afterparty AI to deliver AI voice, photo, and video messaging that allows creators to scale personalized, 24/7 fan interactions. Fan-generated images and videos become one-of-a-kind collectibles verified on the blockchain and can serve as access points to exclusive experiences like livestreams and IRL events. Afterparty says its livestream format can double or triple creator livestream revenue with a higher cost-per-view compared to TikTok Live. The platform serves thousands of creators, including musicians, dancers, and podcasters, and has evolved since debuting in 2021 from token-gated fan access to a broader interactive destination. The company has raised capital to support product development and growth, bringing total capital raised to $12 million. Afterparty is a Web3 company that builds an NFT ticketing platform enabling creators to monetize fan relationships and deliver token-gated real-world events and experiences. Its core product uses NFTs to grant lifetime membership access, VIP benefits, and priority rights to festival and event tickets, positioning tokens as dynamic tools for IRL experiences rather than static digital art. Afterparty demonstrated proof of concept with its first token-gated festival in Las Vegas, which featured The Chainsmokers and The Kid LAROI and drew over 6,000 attendees; the platform has since scaled to include hundreds of musical artists and creators. The company plans to expand its events lineup nationwide, bring the festival to Los Angeles this fall via a second-generation Guardian NFT drop that will mint 10,000 NFTs as lifetime festival memberships, and continue pop-ups and gallery showings. Financially, Afterparty closed a $4 million strategic community round that brings total capital raised to $7 million and aims to use the funding to scale product and platform growth. Since launching in 2021, Afterparty has attracted notable investors, creators, and celebrity participants and positions itself as an educator and partner in live minting to broaden NFT access for creators. Afterparty builds an end-to-end Web3 creator platform that lets artists launch NFTs, manage collector relationships, and host NFT-gated live experiences. Its events platform enables creators to “token gate” exclusive fan experiences, and the company plans to launch an Ethereum- and Polygon-based NFT marketplace in January. The events product made its public debut in August 2021 following a beta with Ethereum and Deso and has hosted household-name creators and influencers. Over 20 early adopters, including Echosmith, Tropix, and Bryce Hall, have launched social tokens on the platform and seen growth in token market cap and direct income. Afterparty is scaling its team and hiring across engineering, marketing, and operations while expanding its virtual event series. The company was founded and is led by David Fields and Dan Rahmel, with co-founder Eytan Elbaz and Robert Graham in leadership roles, and positions itself around creator ownership and direct monetization.