1confirmation
SEC-registered investment adviser.
- HQ
- NV
1confirmation is an early stage venture fund founded by Nick Tomaino in 2017. It supports exceptional founders fueling the decentralization of the web and society. General Partners Nick Tomaino and Brett Shear lead the firm, with Frank Hourigan as Partner and Head of Operations and Mike Tomaino as Partner. Its portfolio includes Ethereum, Bitcoin, Coinbase, Polkadot, and Cosmos, among many others.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Not stated | Not enough dated deals | Seed, Series A |
| Sectors | Crypto and Web3 | Not enough dated deals | Crypto and Web3, Fintech |
| Regions | Global | Not enough dated deals | CA, IL |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2017 | 3 | Crypto and Web3, Fintech, Cybersecurity |
| 2018 | 8 | Crypto and Web3, Fintech, Cybersecurity |
| 2019 | 6 | Crypto and Web3, Devtools, Fintech |
| 2020 | 1 | None |
Stage mix over time
- Pre-seed
- Seed
- Series A
- Series B
- Growth
| Year | Pre-seed | Seed | Series A | Series B | Growth |
|---|---|---|---|---|---|
| 2017 | 0 | 1 | 0 | 0 | 0 |
| 2018 | 0 | 3 | 3 | 0 | 0 |
| 2019 | 0 | 3 | 1 | 1 | 0 |
| 2020 | 0 | 1 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 0 | 0 |
| 2026 | 0 | 0 | 0 | 0 | 0 |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| 1confirmation NFT Fund I, L.P. 1confirmation is an early stage venture fund backing exceptional founders fueling the decentralization of the web and society. Its portfolio includes crypto, developer tools, stablecoin payments, and consumer and music apps. Inferred from the firm's website and portfolio companies | 2022 | $50M to $100M (Form D) | Late investment period |
| 1confirmation Fund III QP, LP | approx. 2021 | $30M (Form D) | Follow-ons only |
| 1confirmation Fund III, LP | approx. 2021 | $95M (Form D) | Follow-ons only |
03 · People across funds
- Nicholas Tomaino, Managing Member of the Issuer
1confirmation NFT Fund I, L.P. (Named on Form D); 1confirmation Fund III QP, LP (Named on Form D); 1confirmation Fund III, LP (Named on Form D)
- Brett Shear, GENERAL PARTNER
1confirmation NFT Fund I, L.P. (Team); 1confirmation Fund III QP, LP (Team); 1confirmation Fund III, LP (Team)
- Frank Hourigan, PARTNER - HEAD OF OPERATIONS
1confirmation NFT Fund I, L.P. (Team); 1confirmation Fund III QP, LP (Team); 1confirmation Fund III, LP (Team)
- Mike Tomaino, PARTNER
1confirmation NFT Fund I, L.P. (Team); 1confirmation Fund III QP, LP (Team); 1confirmation Fund III, LP (Team)
- Nick Tomaino, GENERAL PARTNER
1confirmation NFT Fund I, L.P. (Team); 1confirmation Fund III QP, LP (Team); 1confirmation Fund III, LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.1confirmation.com/
- https://www.1confirmation.com/portfolio
- https://www.1confirmation.com/about
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026