1984 Ventures

Active

Overview

1984 Ventures is a venture capital firm founded in 2017, managing $42 million in assets and investing in over 120 seed-stage startups, primarily in sectors like artificial intelligence, healthcare, logistics, marketplaces, proptech, and SaaS.¹²⁵ It focuses on 'unsexy' industries and founders with grit and industry insights, avoiding hype areas such as cryptocurrency and virtual reality, and invests $500,000 to $5 million via SAFE or equity without taking board seats.¹²

History

Founded in 2017 by Ramy Adeeb in San Francisco, California.¹⁵ The firm has built a portfolio of over 120 companies, achieving 9 exits including the 2024 acquisition of Convex.¹ It remains active, with 12 investments in the past 12 months as of December 2025 and recent portfolio growth like PostHog's $75M Series E.¹⁴

Notable Products

PostHog - Open-source product analytics platform that raised $75M Series E at $1.4B valuation.
PadSplit - Housing marketplace showing significant growth and market impact.
Convex - Portfolio company acquired in 2024, one of 9 successful exits.

Reputation

Perceived as contrarian by focusing on unsexy industries and real-world software solutions, earning recognition for backing gritty founders in logistics, healthcare, and proptech.¹² Professionals note its strong track record with 9 exits and active investing, though some sources conflict on location (San Francisco vs. New York).¹³ Balanced view highlights supportive, non-intrusive investment style.¹

Sources (5)