4

12/12 Ventures

Cannabis-focused venture capital fund that prioritizes globally scalable brands, businesses, and technologies.
12/12 Ventures
Leadership team

Matt Barron (Co-Managing Partner)

Charles H. Finnie (Co-Managing Partner)

Berner (Partner)

Parker Berling (Partner)

Number of Employees
0 - 50
Headquarters
Sausalito, CA
Established
2016
Social Media
Summary

12/12 Ventures is a cannabis-focused venture capital fund that prioritizes globally scalable brands, businesses, and technologies. They maintain a strategic partnership with the world's leading cannabis brand, Cookies, and seek to identify (and invest in) companies with communities of passionate followers.

History

12/12 Ventures is a venture capital firm that invests in early-stage startups with high growth potential. The history of 12/12 Ventures can be traced back to its founding in 2016 by John Belizaire, a serial entrepreneur and investor with a track record of success in the technology industry.

Since its inception, 12/12 Ventures has focused on identifying and investing in startups that are leveraging emerging technologies to disrupt traditional industries and create new markets. The firm's investment portfolio includes companies in a wide range of sectors, including fintech, healthcare, education, and consumer technology.

One of the defining features of 12/12 Ventures is its focus on diversity and inclusion. The firm's leadership team is made up of individuals from diverse backgrounds, and it actively seeks out startups founded by underrepresented entrepreneurs. In addition to its investments, 12/12 Ventures has also played a role in supporting the broader startup ecosystem. The firm has organized a number of events and initiatives aimed at helping entrepreneurs and investors connect and collaborate.

Investment criteria
  • Strong founding team: 12/12 Ventures places a strong emphasis on the quality of a startup's founding team. The firm looks for entrepreneurs with a proven track record of success, as well as the skills and experience needed to build a successful business.
  • Innovative technology: 12/12 Ventures invests in startups that are leveraging emerging technologies to disrupt traditional industries and create new markets. The firm looks for companies that are developing innovative products or services that have the potential to transform the industry.
  • Large addressable market: To achieve high growth, a startup needs to have a large addressable market. 12/12 Ventures looks for companies that are targeting large and growing markets, with the potential to capture a significant share of that market.
  • Traction and momentum: While 12/12 Ventures invests in early-stage startups, it also looks for companies that have already achieved some level of traction and momentum. This could include customer adoption, revenue growth, or other key performance indicators.
  • Financial viability: 12/12 Ventures evaluates the financial viability of a startup, including its burn rate, cash runway, and potential for profitability. The firm looks for companies that have a clear path to sustainable growth and profitability.
  • Alignment with 12/12 Ventures' values: Finally, 12/12 Ventures considers whether a potential investment aligns with the firm's values, including its focus on diversity and inclusion, social impact, and environmental sustainability.
Values
  • Diversity and Inclusion: 12/12 Ventures is committed to promoting diversity and inclusion in the technology industry. The firm actively seeks out startups founded by underrepresented entrepreneurs, and its leadership team is made up of individuals from diverse backgrounds.
  • Entrepreneurial Spirit: 12/12 Ventures values the entrepreneurial spirit and is passionate about supporting founders who are working to solve complex problems and create new markets.
  • Focus on Emerging Technologies: The firm is focused on investing in startups that are leveraging emerging technologies to disrupt traditional industries and create new markets. It seeks out companies that are at the forefront of innovation in areas such as artificial intelligence, blockchain, and cybersecurity.
  • Partnership: 12/12 Ventures sees itself as a partner to its portfolio companies, providing not just funding but also strategic guidance and support. The firm works closely with founders to help them navigate the challenges of scaling a startup and achieving their goals.
  • Impact: The firm is committed to making a positive impact on society and the environment. It seeks out startups that are working to address pressing social and environmental challenges, such as climate change, healthcare access, and financial inclusion.
Mission

12/12 Ventures invests in early-stage technology ventures that leverage machine learning and AI capabilities to build world-class digital businesses while leveraging the Founders' entrepreneurial spirit and intellectual capital.

Portfolio

The firm has a diverse portfolio of companies across a range of sectors, including fintech, healthcare, education, and consumer technology. Here are a few examples of the companies in 12/12 Ventures' portfolio:

  • Perch: Perch is a platform that helps homebuyers find and purchase their dream home. The platform uses machine learning algorithms to match buyers with homes that meet their specific criteria and offers tools and resources to help streamline the buying process.
  • VenoStent: VenoStent is a medical device startup that has developed a novel solution for treating chronic venous disease. The company's device uses a unique mechanism to restore normal blood flow in the veins, reducing symptoms and improving the quality of life for patients.
  • Simplifeye: Simplifeye is a software company that has developed a suite of tools to help healthcare providers improve patient communication and streamline workflows. The company's platform includes features such as secure messaging, online booking, and virtual consultations.
  • Vitable Health: Vitable Health is a telemedicine startup that is focused on improving healthcare access in underserved communities. The company offers a range of virtual healthcare services, including primary care, mental health, and chronic disease management.
  • Osmind: Osmind is a digital health platform that is focused on improving access to mental healthcare. The platform offers tools and resources to help patients track their symptoms, connect with providers, and manage their care.
References
12/12 Ventures
Leadership team

Matt Barron (Co-Managing Partner)

Charles H. Finnie (Co-Managing Partner)

Berner (Partner)

Parker Berling (Partner)

Number of Employees
0 - 50
Headquarters
Sausalito, CA
Established
2016
Social Media