Venture capital firm founded in January2006 and based in Coconut Grove, Miami, with managing directors David Baum and Jonathan Gordon. Stage1 backs disruptive deep technology and science companies from seed investments through growth equity. Its approach combines small seed investments and company-specific vehicles with support for business development, intellectual property and commercial growth, followed by larger investments in businesses that scale. Its current portfolio spans artificial intelligence, enterprise software, robotics, agriculture, cybersecurity, aerospace, nuclear batteries and biotechnology. The website lists two managing directors, five operating partners and twelve advisors, including one special advisor. Its affiliated investment adviser Stage1 Managers LLC, CRD313429, files the exact stage1ventures.com website and David Baum managing-partner signature in its March2026 SEC filing, which lists eleven private fund vehicles. Fund gross asset values and the website’s USD2 billion investment-proceeds statistic are distinct from announced final fund closes. Verified investments include Zeno Power’s May2025 USD50 million SeriesB and portfolio affiliations with Four Growers, JumpCloud, True Anomaly and Sail Biomedicines.
Founded
2006
Type
Venture capital
Funds11
SERIES 1 GROWTH FUND (SERIES AISCOUT)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-8828959935. Reported gross asset value is USD3,600,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed. The filing uses SERIES 1 GROWTH FUND for this AISCOUT vehicle; this exact documentary name is preserved rather than silently changed.
STAGE 1 GROWTH FUND LLC——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-5656662759. Reported gross asset value is USD118,180,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES ALIASWIRE)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-5760623286. Reported gross asset value is USD9,000,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES BLACKLANE)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-1845114628. Reported gross asset value is USD255,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES GIGPRO)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-6836158692. Reported gross asset value is USD622,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES INVAIO)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-5724529265. Reported gross asset value is USD27,004,398, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES TALKMAP)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-2840479002. Reported gross asset value is USD4,550,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES VIRAL GAINS)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-6276402112. Reported gross asset value is USD579,861, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES WAVE)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-3258143543. Reported gross asset value is USD15,000,000, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES WYEBOT)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-8256709945. Reported gross asset value is USD326,118, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
STAGE 1 GROWTH FUND LLC (SERIES ZENO POWER)——
Private investment vehicle listed in the March25,2026 SEC filing of Stage 1 Managers LLC, the Stage 1-affiliated adviser; private fund ID 805-8596857305. Reported gross asset value is USD2,036,300, an asset valuation rather than an announced final fundraise. Final closed fund size and announcement date are undisclosed.
Alfonso CarrilloOperating Partner
David BaumManaging Director
David MathewsAdvisor
Jim WalshAdvisor
John HartnettAdvisor
John SheehanAdvisor
Jonathan GordonManaging Director
Joseph PianelliOperating Partner
Larry PaulsonAdvisor
Lawrence KingAdvisor
Les YettonOperating Partner
Mark LeidyAdvisor
Michael BaumAdvisor
Michael FrankOperating Partner
Mike CourtneyAdvisor
Ralph RodriguezAdvisor
Rod RandallSpecial Advisor
Scott CarmelOperating Partner
Susan MajorAdvisor
Zeno Power$50M · 2025-05-14
Hanaco Ventures
Sail Biomedicines
True Anomaly
JumpCloud, Inc.
Four Growers