Act One Ventures

Act One Ventures is a venture capital firm based in Los Angeles, California, founded in 2016. The firm focuses on seed and pre-seed investments, primarily in business software, enterprise software, e-commerce infrastructure, vertical SaaS, and biotech sectors. Act One Ventures emphasizes community building, particularly within the UCLA ecosystem, and aims to support diverse founders, with 70% of its portfolio companies established by individuals from underrepresented groups, including people of color, LGBTQ+ individuals, and women. The firm typically invests between $250,000 and $500,000, leveraging the founders' extensive experience and networks to nurture the growth of promising startups.

Alejandro Guerrero

Co-Founder and General Partner

Alejandro Guerrero

General Partner and Founder

Michael Silton

Managing Director

Past deals in Los Angeles, CA

Cartwheel

Seed Round in 2022
We help businesses launch in-house delivery or upgrade their third-party delivery infrastructure. Companies save on costs, keep their brand identity, and have full control over visibility and data. We have dozens of integrations including Olo and ezCater. Our clients include P.F. Changs, Portillo's, and Charleys Philly Steaks, to name a few. We are hiring!

Cartwheel

Seed Round in 2021
We help businesses launch in-house delivery or upgrade their third-party delivery infrastructure. Companies save on costs, keep their brand identity, and have full control over visibility and data. We have dozens of integrations including Olo and ezCater. Our clients include P.F. Changs, Portillo's, and Charleys Philly Steaks, to name a few. We are hiring!

Nextbite

Series C in 2020
Nextbite operates as a pioneer in the virtual restaurant sector, focusing on generating additional orders for under-utilized kitchen spaces. As part of Ordermark, it leverages an online ordering management platform that consolidates orders from various delivery services into a single dashboard and printer. This streamlining of operations allows restaurants to efficiently manage multiple online ordering services, reducing the complexity and costs associated with integrating new platforms. Founded in 2017 and headquartered in Los Angeles, Nextbite offers a portfolio of virtual-only restaurant brands, helping restaurants boost their sales and profits by maximizing their ordering volume through innovative technology solutions.

Repeat

Seed Round in 2020
Repeat is a SaaS platform that enables consumer-packaged-goods (CPG) brands to turn one-time buyers into repeat customers. CPG brands use Repeat to give their customers faster, personalized reordering experiences—from email, from text, from anywhere.

GroWrk

Funding Round in 2020
GroWrk delivers, upgrades and services home offices for remote teams anytime, anywhere. We also handle health and safety compliance so that companies don’t have to. Our plug-and-play platform provides full visibility for the new office, providing a layer of technology that helps companies streamline employee onboarding and manage their team’s home office needs with ease and cost-effectively.

Dray Alliance

Series A in 2020
Dray Alliance is a technology company focused on transforming the drayage trucking industry by providing a digital platform that simplifies and streamlines container delivery. Its platform connects shippers, carriers, and truckers in real time, enhancing transparency and predictability in the delivery process. By standardizing drayage rates, the company eliminates haggling, allowing for more efficient pricing. Dray Alliance also employs data-driven insights to check container availability, optimize return trips, and conduct performance reviews and random inspections of truckers. This approach not only fosters accountability among draymen but also enables import and export shippers to better plan and manage the transportation of goods from ports to warehouses. Overall, Dray Alliance seeks to reduce friction and improve the efficiency of container trucking operations.

Nextbite

Series B in 2019
Nextbite operates as a pioneer in the virtual restaurant sector, focusing on generating additional orders for under-utilized kitchen spaces. As part of Ordermark, it leverages an online ordering management platform that consolidates orders from various delivery services into a single dashboard and printer. This streamlining of operations allows restaurants to efficiently manage multiple online ordering services, reducing the complexity and costs associated with integrating new platforms. Founded in 2017 and headquartered in Los Angeles, Nextbite offers a portfolio of virtual-only restaurant brands, helping restaurants boost their sales and profits by maximizing their ordering volume through innovative technology solutions.

Dray Alliance

Seed Round in 2019
Dray Alliance is a technology company focused on transforming the drayage trucking industry by providing a digital platform that simplifies and streamlines container delivery. Its platform connects shippers, carriers, and truckers in real time, enhancing transparency and predictability in the delivery process. By standardizing drayage rates, the company eliminates haggling, allowing for more efficient pricing. Dray Alliance also employs data-driven insights to check container availability, optimize return trips, and conduct performance reviews and random inspections of truckers. This approach not only fosters accountability among draymen but also enables import and export shippers to better plan and manage the transportation of goods from ports to warehouses. Overall, Dray Alliance seeks to reduce friction and improve the efficiency of container trucking operations.

Repeat

Pre Seed Round in 2018
Repeat is a SaaS platform that enables consumer-packaged-goods (CPG) brands to turn one-time buyers into repeat customers. CPG brands use Repeat to give their customers faster, personalized reordering experiences—from email, from text, from anywhere.

Nextbite

Series A in 2018
Nextbite operates as a pioneer in the virtual restaurant sector, focusing on generating additional orders for under-utilized kitchen spaces. As part of Ordermark, it leverages an online ordering management platform that consolidates orders from various delivery services into a single dashboard and printer. This streamlining of operations allows restaurants to efficiently manage multiple online ordering services, reducing the complexity and costs associated with integrating new platforms. Founded in 2017 and headquartered in Los Angeles, Nextbite offers a portfolio of virtual-only restaurant brands, helping restaurants boost their sales and profits by maximizing their ordering volume through innovative technology solutions.

Dray Alliance

Seed Round in 2018
Dray Alliance is a technology company focused on transforming the drayage trucking industry by providing a digital platform that simplifies and streamlines container delivery. Its platform connects shippers, carriers, and truckers in real time, enhancing transparency and predictability in the delivery process. By standardizing drayage rates, the company eliminates haggling, allowing for more efficient pricing. Dray Alliance also employs data-driven insights to check container availability, optimize return trips, and conduct performance reviews and random inspections of truckers. This approach not only fosters accountability among draymen but also enables import and export shippers to better plan and manage the transportation of goods from ports to warehouses. Overall, Dray Alliance seeks to reduce friction and improve the efficiency of container trucking operations.

Nextbite

Seed Round in 2018
Nextbite operates as a pioneer in the virtual restaurant sector, focusing on generating additional orders for under-utilized kitchen spaces. As part of Ordermark, it leverages an online ordering management platform that consolidates orders from various delivery services into a single dashboard and printer. This streamlining of operations allows restaurants to efficiently manage multiple online ordering services, reducing the complexity and costs associated with integrating new platforms. Founded in 2017 and headquartered in Los Angeles, Nextbite offers a portfolio of virtual-only restaurant brands, helping restaurants boost their sales and profits by maximizing their ordering volume through innovative technology solutions.

Wizely Finance

Seed Round in 2018
Wizely Finance Corporation operates an online platform that offers debt consolidation and lending services tailored for banks and credit unions. It functions as a marketplace for consumer loans, allowing users to consolidate debt, manage payments, and secure new loans through a personalized dashboard. The platform connects borrowers with verified loan consultants and incorporates features such as document management, a messaging system for client communication, and invoicing tools for various payment methods. Founded in 2011 and based in Los Angeles, California, Wizely Finance provides a customizable, white-label solution that enables financial institutions to offer credit card debt consolidation loans efficiently. With a straightforward process that can be completed in under seven minutes, Wizely Finance streamlines marketing and loan origination while enhancing loan revenue for its partners, all without requiring integration into existing core systems.

Aiva

Seed Round in 2017
Aiva, Inc. is a healthcare technology company that specializes in developing a mobile application for voice-powered care assistance aimed at enhancing patient care and improving the efficiency of healthcare providers. Founded in 2016 and headquartered in West Hollywood, California, Aiva's platform allows clinicians and caregivers to respond to patient needs hands-free, thereby streamlining communication and facilitating better care. The application empowers patients by enabling voice control over their environment, including TVs, lights, shades, and temperature, ultimately fostering a more personalized healthcare experience. Aiva has participated in the Cedars-Sinai Accelerator powered by Techstars and is currently piloting its technology in various healthcare facilities and home care settings.
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