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1776 Ventures

Washington, DC1776-VENTURES
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Dossier Summary

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Classification
Slug1776-ventures
HQWashington, DC
Stage FocusPrimarily seed and Series A investments in B2B SaaS, govt…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

1776 is the DC fund that wants to be more than just another regional player, but their track record is mixed at best. They talk a big game about regulatory innovation and have decent government connections, but their portfolio exits have been underwhelming relative to the hype. The partners are well-intentioned policy wonks who understand the DC ecosystem, but they can be slow to move and sometimes prioritize mission over returns. If you're building govtech or need help navigating DC regulatory waters, they're useful. But if you want aggressive growth capital and Silicon Valley-style hustle, look elsewhere.

KEY TAKEAWAYS
  • Best for: Govtech startups needing DC regulatory expertise and connections
  • Watch out for: Slow decision-making and mixed exit track record
  • Known for: Strong government relationships but underwhelming portfolio performance
Investment Thesis

1776 believes in backing startups that tackle big challenges in highly regulated industries like government, healthcare, education, and financial services. They focus on founders building solutions that can navigate complex regulatory environments and create positive social impact.

Stage & Sector Focus

Primarily seed and Series A investments in B2B SaaS, govtech, edtech, healthtech, and fintech. Heavy focus on startups that sell to government or heavily regulated enterprises.

Notable Portfolio
ClassDojoHingeSmartProcureSpeekWeddingWireMindMazeRevaCommNeustar
Key Partners
Evan Burfield
Co-founder and Managing Partner

Serial entrepreneur who previously founded Synteractive and co-founded 1776. Known for his focus on innovation policy and regulatory entrepreneurship. Has strong DC connections but mixed track record on exits.

Donna Harris
Co-founder and Partner

Former tech executive with background at companies like Marketel and Siteworx. Co-founded 1776 with focus on building entrepreneurial ecosystems. Strong on community building but less hands-on with portfolio companies.

Jennifer Maher
Partner

Former McKinsey consultant who joined 1776 as an investor. Focuses on healthcare and education investments. Known for being analytical but can be slow on decision-making.

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