Venture Capital

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VersionOne

VersionOne is a US-based company founded in 2002 in Alpharetta. It provides an enterprise agile solution for software organizations scaling agile.

VersionOne

VersionOne is a US-based company founded in 2002 in Alpharetta. It provides an enterprise agile solution for software organizations scaling agile. The company offers a unified DevOps solution for discovery to delivery. VersionOne has received $27.5 million in total funding.

General information

Firm type

Venture Capital Firm

Year founded

2021

Location

Region

North America

Country

United States

City

Alpharetta

Corporate office

Alpharetta, GA, United States

Principals

Evan Walsh

Co-founder and General Partner

Sector focus

Enterprise SoftwareAI/MLCybersecurityFinTech

Frequently asked questions

Who runs investment decisions at VersionOne?

Investment decisions are led by co-founders and general partners Matt Cooper and Evan Walsh. Both have prior venture capital experience at Tola Capital and backgrounds as operators. The firm does not disclose a formal investment committee, but the two partners make final decisions collectively (per public record).

How does VersionOne source deal flow?

VersionOne leverages the operational networks of its founders, particularly from Salesforce and Microsoft, to gain introductions to early-stage enterprise technology companies. The firm also proactively reaches out to founders building in its focus areas. It does not rely on a formal scout program or syndicate model.

Is VersionOne structured as a single or multi-family office?

VersionOne is structured as a traditional venture capital firm. It is not a family office. The firm raises capital from institutional limited partners, including university endowments and foundations, and operates with a typical venture fund structure.

What investment stages does VersionOne typically target?

VersionOne targets seed-stage and Series A investments, typically leading rounds of $2M to $10M. The firm focuses on companies that have not yet achieved product-market fit, providing operational support alongside capital. They reserve capital for follow-on investments in top-performing portfolio companies.

Which sectors does VersionOne explicitly avoid?

VersionOne does not invest in blockchain or cryptocurrency projects, nor in hardware-first companies. The firm's stated focus is on enterprise software, with particular interest in AI, cybersecurity, and fintech. They also avoid consumer-facing mobile apps and life sciences.

Where does the capital underlying VersionOne's fund come from?

VersionOne's debut fund raised $150M from institutional investors, including university endowments, foundations, and high-net-worth individuals (per SEC filing, 2021). The firm has not disclosed its LP base publicly, but typical VCs in this category draw from large US endowments and pension funds.

Does VersionOne participate in fund commitments or only direct deals?

VersionOne invests exclusively in direct equity deals — it does not commit capital to other venture funds or operate a fund-of-funds structure. The firm makes direct equity investments in early-stage companies and holds board seats in portfolio companies.

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