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The Venture Codex

Unpopular Ventures

One Sansome Street, Suite 2080, San Francisco, CA, 94104, United States

Overview

Early-stage investment in unconventional tech startups.

Founded

2019

Deals ยท 12mo

5

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

India
Nigeria
United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

48rounds
NAMEDATESIZE
Principle
Aug 2026Participated
$2 MSeed
Hypercubic
Aug 2026Participated
$5 MSeed
Multiplier
Aug 2026Participated
$6 MSeed
Giant
Feb 2026Participated
$8 MSeed
Principle
Feb 2026Participated
$2 MSeed
NORDA Dynamics
Sep 2025Participated
$1 MOther Equity
WiseLayer
Jan 2025Participated
$7 MSeed
Acre Homes
Dec 2024Participated
$10 MSeed
Farmako
Aug 2024Participated
$2 MOther Equity
Global Predictions
Aug 2024Participated
$2 MSeed
Khyaal
Feb 2024Participated
$4 MSeed
Finvest
Jan 2024Participated
$3 MOther Equity
Principle
Aug 2026Participated
$2 MSeed
Hypercubic
Aug 2026Participated
$5 MSeed
Multiplier
Aug 2026Participated
$6 MSeed
Giant
Feb 2026Participated
$8 MSeed
Principle
Feb 2026Participated
$2 MSeed
NORDA Dynamics
Sep 2025Participated
$1 MOther Equity
WiseLayer
Jan 2025Participated
$7 MSeed
Acre Homes
Dec 2024Participated
$10 MSeed
Farmako
Aug 2024Participated
$2 MOther Equity
Global Predictions
Aug 2024Participated
$2 MSeed
Khyaal
Feb 2024Participated
$4 MSeed
Finvest
Jan 2024Participated
$3 MOther Equity
48
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Insights

Time horizon

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Deal Distribution

Unpopular Ventures: 48 funding rounds are recorded in the selected participation categories.All available history.
Unpopular Ventures: 48 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed231
Series A05
Other Equity18
Debt01

Monthly Deal Activity

Unpopular Ventures: 48 deals are recorded across 75 months.All available history.
Unpopular Ventures: 48 deals are recorded across 75 months. All available history
MonthDeals
Aug '201
Sep '201
Oct '202
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '212
May '210
Jun '210
Jul '211
Aug '210
Sep '211
Oct '212
Nov '214
Dec '210
Jan '221
Feb '220
Mar '221
Apr '221
May '220
Jun '220
Jul '220
Aug '221
Sep '222
Oct '221
Nov '221
Dec '222
Jan '230
Feb '231
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '232
Oct '232
Nov '232
Dec '232
Jan '242
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '242
Sep '240
Oct '240
Nov '240
Dec '241
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '262
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '263
Sep '260
Oct '260

Sector Breakdown

Unpopular Ventures: Fintech is the largest displayed sector by deal count (21 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.

Unpopular Ventures: Fintech is the largest displayed sector by deal count (21 deals). All available history
SectorDeals
Fintech21
Enterprise Software16
Networks, Cloud & Communication14
AI & Machine Learning14
Health & Life Sciences9
Professional Services5
E-Commerce & Retail4
Media & Entertainment4
Data, Analytics & IT3
Marketing & Advertising3
Real Estate & Construction2
Transportation & Logistics2
Hardware & Robotics2
Crypto & Blockchain2
Developer Tools2
Travel & Hospitality1
Education & Workforce1
Cybersecurity & Privacy1
Space & Frontier Tech1
Consumer & Lifestyle1
Food & Agriculture1

Deal Size Distribution

Unpopular Ventures: 48 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.

Unpopular Ventures: 48 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M33
$5M-$10M10
$10M-$25M4
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Unpopular Ventures: United States has the largest recorded deal count among the displayed regions (31 deals).All available history.

Top 9 of 9 regions; European countries are grouped as Europe.

Unpopular Ventures: United States has the largest recorded deal count among the displayed regions (31 deals). All available history
RegionDeals
United States31
Europe4
India3
Nigeria3
Philippines2
Mexico2
United Arab Emirates1
Canada1
Sri Lanka1
Unpopular Ventures: 20 co-investors are shown, with Y Combinator sharing 7 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.

Unpopular Ventures: 20 co-investors are shown, with Y Combinator sharing 7 recorded deals. All available history
Co-investorShared deals
Y Combinator7
Canaan Partners3
Gaingels3
Hustle Fund3
Techstars3
Amino Capital2
Andreessen Horowitz2
Bain Capital2
Bayhouse Capital2
Better Ventures2
Caffeinated Capital2
General Catalyst2
Global Founders Capital2
Goodwater Capital2
Impact America Fund2
Pioneer Fund2
Precursor Ventures2
Rebel Fund2
Ride Home AI Fund2
SMOK Ventures2

Investment Strategy

Unpopular Ventures: Led accounts for 6% and participating for 94% of round participation.All available history.
Unpopular Ventures: Led accounts for 6% and participating for 94% of round participation. All available history
CategoryDeals (count)Share (%)
Led36%
Participating4594%
Unpopular Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Unpopular Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led3100%

Team

Peter Livingston

Founder + General Partner

Thibault Reichelt

Partner