Investor profile

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1P Ventures

Angel

USB2B SaaSHealthtechEnterpriseConsumerFintechOther

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Investment thesis

1P Ventures was started in 2010 by Adam Miller, right before he took Cornerstone OnDemand public. The firm is focused on entrepreneurs and their companies who are looking to change the world, often in the beginning, one user at a time. 1P Ventures believes in the power of technology to transform industries and help improve people's lives. Having scaled a business from a one-bedroom apartment to a multi-national public company, the team offers founders the ability to 'see around corners' at every stage of a business — providing hands-on mentorship, board-level guidance, and a safe space for CEOs navigating the unique pressures of building a company. Through 1P Ventures and its affiliated social impact fund 1P Impact Capital, Adam has supported, advised, and invested in over 40 startup companies spanning technology, healthcare, biotech, and social impact.

Notable quotes

Having scaled a business from the bedroom to a multi-national public company, we can help you see around corners, because we know what it takes at every stage of a business.

Adam Miller · dot.LA — Adam Miller's First Act

In 2010 two other talent management systems went public. I thought there was room for one more. We had a line of sight to $44 million in GAAP revenue, so we went for it.

Adam Miller · Bessemer Venture Partners — Atlas Blog

It's not a sprint, it's a marathon. No matter how it looks from the outside, nobody ever goes straight up to the right. We can help you with the ups and the downs.

Adam Miller · 1P Ventures — About page

Team

Adam Miller

Founder & Managing Partner

B2B SaaSEnterpriseHealthtechConsumerOther

Evan Light Rake

Chief of Staff

Recent investments

CompanyRoundSizeDate
Cornerstone OnDemandSeed/Founding1999
InstilCo-Founded2020
GroundswellCo-Founded2020
EllevationEarly Stage2013
ComparablyEarly Stage2018
AccreteEarly Stage
MyKaarmaEarly Stage
Aimmune TherapeuticsSeed
ProfiEarly Stage2022
YumiEarly Stage

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