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The Venture Codex

Rule 1 Ventures

3490 Piedmont Rd NE Ste 1350, Atlanta, Georgia, United States

Overview

Venture capital firm supporting software startups.

Deals ยท 12mo

2

Links

WebsiteLinkedIn

Stage focus

Seed

Geographic focus

United States

Sector focus

Software
Venture Capital

Investment portfolio

2rounds
NAMEDATESIZE
Askari
Jun 2026Participated
$9 MSeed
Mantis Space
Mar 2026Led
$10 MSeed
Askari
Jun 2026Participated
$9 MSeed
Mantis Space
Mar 2026Led
$10 MSeed
2
Items
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Insights

Time horizon

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Deal Distribution

Rule 1 Ventures: 2 funding rounds are recorded in the selected participation categories.All available history.
Rule 1 Ventures: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed11

Monthly Deal Activity

Rule 1 Ventures: 2 deals are recorded across 8 months.All available history.
Rule 1 Ventures: 2 deals are recorded across 8 months. All available history
MonthDeals
Mar '261
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Rule 1 Ventures: Hardware & Robotics is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Rule 1 Ventures: Hardware & Robotics is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Hardware & Robotics2
Networks, Cloud & Communication1
Professional Services1
Space & Frontier Tech1
Transportation & Logistics1

Deal Size Distribution

Rule 1 Ventures: 2 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Rule 1 Ventures: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Rule 1 Ventures: United States has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Rule 1 Ventures: United States has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
United States2
Rule 1 Ventures: 5 co-investors are shown, with Builders VC sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Rule 1 Ventures: 5 co-investors are shown, with Builders VC sharing 1 recorded deals. All available history
Co-investorShared deals
Builders VC1
Montauk Climate1
Sovereign's Capital1
Swell Partners1
Waterstone Impact Fund1

Investment Strategy

Rule 1 Ventures: Led accounts for 50% and participating for 50% of round participation.All available history.
Rule 1 Ventures: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led150%
Participating150%
Rule 1 Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Rule 1 Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Andrew Somoza

Entrepreneur In Residence

Gary Buxton

General Partner and COO

James D. Murphy

General Partner

James Winnefeld
Johnny Bond

Entrepreneur In Residence

Nick Fraunfelder

General Partner - Chief Revenue Officer

Spencer Mitchell

Entrepreneur In Residence

Todd Ehrlich

Co-Founder, CEO and General Partner