Act One Ventures invests in extraordinary founders transforming how modern businesses operate and scale in the AI economy. We’re early partners for those rearchitecting the systems behind modern enterprise — across infrastructure, automation, and decision-making. Founded by two former entrepreneurs, we invest like operators because we’ve been there. That experience — across IPOs, hard pivots, and shutdowns — informs how we help teams navigate the decisions that matter early: pricing, GTM, capital strategy, team design. When that kind of support meets founders who’ve lived the problem, it sets the stage for outsized outcomes like AuditBoard, an early Act One-led Seed investment that became the largest VC-backed software exit in the U.S. in 2024 at $3.15 billion.
Investors 1
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Mentions in press and media 15
| Date | Title | Description |
| 27.01.2026 | Jelou Raises $10 Million to Build AI Apps That Move Money on WhatsApp | Messaging has become the primary way people communicate with businesses across the Americas, yet the actions that actually move money still happen elsewhere. Payments, identity checks, credit applications, and signatures are routinely pushe... |
| 26.01.2026 | Jelou Raises $10M Series A For WhatsApp Agent-Building Tool | Today, Jelou announced a $10 million Series A to expand Brain, its platform for building AI agents that securely execute real business and financial operations inside WhatsApp. The round was led by Wellington Access Ventures, with participa... |
| 18.01.2024 | Act One Ventures Closes 3rd Fund, at $73M | Act One Ventures, a Los Angeles, CA-based early stage venture capital firm, closed its third fund, at $73m. Fund III will allow Act One to continue to invest in business software companies at the Seed stage, specifically those in vertical S... |
| 18.01.2024 | Act One Ventures Raises $73M Third Fund | Los Angeles-based venture capital investor Act One Ventures said this morning that it has raised a $73M, third fund. The firm--led by General Partners Alejandro Guerrero and Michael Silton--said it now has $148M under management. Guerrero a... |
| 29.08.2021 | Diversifying startups and VC power corridors | Jennifer Fan Contributor Jennifer Fan is an assistant professor of law and director of the Entrepreneurial Law Clinic at the University of Washington School of Law. Startups have a seemingly intractable problem: a lack of diversity. Despite... |
| 07.05.2021 | Column: Diversity Riders Can Make the Investing Network Better in LA. Here's How Entrepreneurs Can Help. | Back in August of last year, L.A.-based Act One Ventures partner Alejandro (Alex) Guerrero launched the Diversity Rider, along with a number of other marquee venture capital firms, including First Round Capital, Maveron and Greycroft. It's ... |
| 28.10.2020 | GoodRx Is Named Startup of the Year at dot.LA Summit Awards | GoodRx earned dot.LA's top 2020 Startup award on Wednesday, beating out the popular sneaker reseller GOAT, the meditation application Headspace, mobile gamer Scopely and viral-video app TikTok. "GoodRx started in Los Angeles, and will ... |
| 08.10.2020 | The 2020 dot.LA Startup Awards | Voting has ended for the awards. Thanks to everyone who participated. Watch them live as part of the dot.LA Summit. Tickets are available here. We are so excited to announce the nominees for the inaugural "dot.LA Startup Awards 2020,&q... |
| 26.08.2020 | One Man's Effort to Get VCs to Commit to Bringing Underrepresented Investors into Startup Deals | Ten venture capital firms have committed to include a "diversity rider" — a promise to startups that they made their best effort to find underrepresented investors — in their deals. The project was the brainchild of Alejandro Guer... |
| 26.08.2020 | Maveron and 9 VC firms join initiative to increase underrepresented investors on term sheets | Alejandro Guerrero, principal at Act One Ventures. (Act One Photo) A group of venture capital firms today joined “The Diversity Term Sheet Rider for Representation at the Cap Table (Diversity Rider),” a new initiative that aims to increase ... |
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