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B2B SaaS venture studio that builds, launches, and scales AI-powered software companies for SMBs, addressing operational challenges.
1848 Ventures operates as a B2B SaaS venture studio, dedicated to developing and scaling AI-powered software solutions. The company provides an ecosystem offering specialized teams, tools, and capital to build innovative ventures. Its technical approach leverages artificial intelligence to enhance operational efficiencies and address specific business challenges.
Founded in 2018, the venture studio is an initiative of Westfield, the established insurance and financial services company founded in 1848. This corporate backing reflects Westfield’s strategic insight to extend its historical commitment to communities via innovation. 1848 Ventures mobilizes Westfield's industry experience and resources to foster new business development.
The primary customers for 1848 Ventures' portfolio companies are small and medium businesses (SMBs). The company's mission is to democratize access to advanced AI technologies, bringing transformative power to these businesses. Its long-term vision is to cultivate successful companies that achieve commercial success while strengthening their communities.
Key people at 1848 Ventures.
Key people at 1848 Ventures.
1848 Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $11.0M Series A in TakeUp in July 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 28, 2025 | TakeUp | $11.0M Series A | Kal Amin | — |
| Jul 24, 2025 | Propel People | $3.0M Seed | Kal Amin | — |