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1588 Ventures is a venture capital firm that provides non-equity support and advisory services to technology solutions. The firm focuses on strategic investments across seed-stage, early-stage, and later-stage companies, emphasizing innovative technological approaches to address market needs. It leverages a deep understanding of technology integration to identify and nurture promising ventures.
The firm was established in 2022 by Rick Perez, who holds the titles of President and CEO. Perez's entrepreneurial journey includes a significant track record in introducing technology-driven processes within various industries, which provided the foundational insight for 1588 Ventures' investment thesis.
1588 Ventures primarily serves technology companies seeking not only capital but also strategic guidance and operational expertise. The firm's vision is to accelerate the development and market penetration of impactful technology solutions by actively partnering with its portfolio companies, driving forward innovation and sustainable growth across diverse sectors.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 20, 2024 | Hamilton Health Box | $10.0M Series A | 1588 Ventures | Johnson & Johnson Innovation, Memorial Hermann Health System, Sullivan Brothers, Texas Medical Center |