122West
ActiveOverview
122 West Ventures is a venture capital firm that invests in early-stage internet and software companies, primarily in the San Francisco Bay Area. It targets pre-seed and seed stages with typical investments between $50,000 and $250,000, focusing on sectors such as SaaS, fintech, e-commerce, AI, and blockchain. The firm manages approximately $38 million in assets under management through funds like Script Capital Fund I.
History
122 West Ventures was founded in 2016 by Andrew Solimine and Evan Tana. It has remained focused on early-stage investments in internet and software startups in the San Francisco Bay Area. Key investments include Patreon, and it launched Script Capital Fund I in December 2021 with $5-10 million in size.
Notable Products
- Script Capital Fund I - Venture capital fund launched in December 2021 targeting pre-seed and seed stages in consumer, fintech, SaaS, AI, and related sectors with $5-10 million size.
Reputation
122 West Ventures is recognized as a small, specialized VC firm active in early-stage tech investments within the Bay Area. Professionals note its niche focus on internet and software startups, with strengths in seed funding for sectors like fintech and SaaS. Limited scale and employee count may restrict its deal flow compared to larger funds, but it maintains an active investor status.