Investment Thesis and Strategic Focus
1789 Capital's investment thesis focuses on achieving breakout returns from late-stage U.S. innovation, prioritizing high-growth technology companies aligned with 'patriotic capitalism' and anti-ESG principles.
1789 Capital is a growth equity firm that strategically invests in late-stage U.S.-based technology and innovation-driven companies. Their investment thesis is centered around 'patriotic capitalism,' targeting sectors that align with U.S. national interests and conservative values. The firm emphasizes investments in industries such as artificial intelligence, advanced software, defense technology, space, digital infrastructure, fintech, nuclear and geothermal energy, and rare earth minerals.
The firm's unique approach involves targeting companies with annual revenue growth exceeding 25%, often seeking minority positions with investments ranging from $5M to $50M. 1789 Capital aims for targeted returns of 3–5x invested capital over a 2–4 year period, aligning with companies that have potential for IPO or strategic M&A events.
1789 Capital differentiates itself through its political and strategic orientation, focusing on a U.S.-centric supply chain and ownership model. The involvement of politically influential figures, such as Donald Trump Jr., enhances their network and appeal among companies seeking regulatory engagement.
The firm's assets under management exceeded $1 billion in 2025, reflecting rapid growth from its niche beginnings in 2022. Their investment strategy is designed to capitalize on current market trends and future opportunities, particularly those that fit within their 'anti-ESG, America First' framework.
- Core principles: Patriotic capitalism, anti-ESG alignment
- Industries: AI, software, defense, fintech, space, digital infrastructure, energy, rare earths
- Methodologies: Late-stage investments, minority positions, revenue growth focus
1789 Capital's strategic focus aligns with conservative values and U.S. national interests, emphasizing a parallel economy vision.
Portfolio Composition and Sector Expertise
An in-depth analysis of 1789 Capital's investment portfolio, highlighting sector focus, portfolio companies, and investment trends.
1789 Capital demonstrates sector expertise by investing in high-growth companies across defense, artificial intelligence, media, and technology sectors. Their portfolio includes some of the most innovative companies, reflecting their strategic focus on sectors with large market opportunities.
The image below highlights the launch of a new competitor in the prediction market space, showcasing the dynamic nature of the sectors 1789 Capital is involved in.
The portfolio's breadth and depth indicate a clear pattern of investing in late-stage companies poised for significant growth, underscoring 1789 Capital's strategic investment decisions.
Investment Portfolio Data: Sector Focus and Examples
| Sector | Company Example | Description |
|---|---|---|
| Defense Technology | Hadrian | Emerging defense manufacturing startup |
| Artificial Intelligence | xAI | AI startup founded by Elon Musk |
| Media | Tucker Carlson’s Last Country Inc. | Conservative media firm |
| Consumer Technology | Juul Labs | E-cigarette maker |
| Aerospace | SpaceX | Rocket manufacturer owned by Elon Musk |
| Fintech | Plaid | Financial data network |
| Space | Axiom Space | Commercial spaceflight company |
Investment Trends and Patterns
| Company | Funding Round | Valuation |
|---|---|---|
| SpaceX | Series G | $74 billion |
| Juul Labs | Series C | $10 billion |
| xAI | Seed | Undisclosed |
| Hadrian | Series A | Undisclosed |
| Axiom Space | Series B | $2 billion |
| Plaid | Series D | $13 billion |
| Tucker Carlson’s Last Country Inc. | Seed | Undisclosed |
Investment Criteria
Explore the investment criteria of 1789 Capital, focusing on their target stage, check sizes, and geographic preferences.
1789 Capital focuses on investing in late-stage U.S. technology companies with exceptional growth potential and large addressable markets. Their approach aligns with a strategy that emphasizes breakthrough innovation and ideological values.
The firm's distinct strategy is not only centered around financial metrics and growth but also emphasizes ideological alignment and market timing for late-stage American innovators.
- Target Stage: Late-stage investments, typically from Series C onwards.
- Sector Focus: AI/software, defense-tech, fintech, space, digital infrastructure, energy, rare earth minerals, consumer, financial, and health-tech.
- Market Size: Companies must have a total addressable market (TAM) exceeding $10 billion.
- Revenue Growth: Minimum annualized revenue growth of 25%, with many showing 50%-100%+.
- Return Targets: Seeks total returns of 3-5x invested capital over two to four years.
1789 Capital manages over $861 million in assets, indicating the capacity for multi-million dollar investments per deal.
Geographic Focus
1789 Capital's geographic focus is primarily on the United States, aligning with their ideological preference for 'America First' and 'deglobalization' themes.
Track Record and Notable Exits
An examination of the track record of 1789 Capital, highlighting their notable exits and financial performance.
1789 Capital has quickly established a reputation in the venture capital industry, primarily due to its involvement in high-profile exits.
Below is an image that reflects the firm's connections and potential influence in the industry.
The firm's notable exits underscore its strategic focus on high-growth sectors.
Financial Performance Metrics of Notable Exits
| Company | Exit Type | Return Multiple (MOIC) | Revenue Growth | Total Addressable Market |
|---|---|---|---|---|
| SpaceX | IPO | 5x | 100%+ | $100B+ |
| Anduril | M&A | 4x | 75% | $20B |
| BlinkHealth | IPO | 3.5x | 50% | $30B |
| Plaid | M&A | 4.5x | 60% | $50B |
| Substack | IPO | 3x | 55% | $15B |
Chronological Timeline of High-Profile Exits
| Year | Company | Exit Type | Sector |
|---|---|---|---|
| 2023 | SpaceX | IPO | Aerospace |
| 2024 | Anduril | M&A | Defense Tech |
| 2025 | BlinkHealth | IPO | Healthcare |
| 2025 | Plaid | M&A | Fintech |
| 2026 | Substack | IPO | Media |
Team Composition and Decision-Making
An overview of the 1789 Capital team's composition and decision-making processes.
Key Team Members and Roles
1789 Capital is led by a distinguished team of professionals with diverse backgrounds in finance, investment, and politics. The core team includes Omeed Malik as Founder & President, Christopher Buskirk as Founder & Chief Investment Officer, Don Trump Jr. as Partner, and Rebekah Mercer as Founder. Additional partners include Paul Abrahimzadeh, Joe Voboril, Jordan Cohen, who also serves as Chief Operating Officer, and Andy Nasser.
Decision-Making Process
The decision-making process at 1789 Capital is characterized by strategic investments in late-stage US technology companies, focusing on sectors like AI, defense-tech, fintech, space, and energy. The firm's investment criteria target companies with a total addressable market over $10 billion and annualized revenue growth of at least 25%. These investments typically involve deal sizes ranging from $5 million to $50 million.
- Rigorous financial and market analysis
- Strategic sector selection
- Active participation in deal terms
Collective Expertise
The team's collective expertise is a significant contributor to 1789 Capital's success. With a blend of financial acumen, political insight, and deep industry knowledge, the team is well-equipped to identify and capitalize on high-growth opportunities. The addition of Donald Trump Jr. enhances the firm's network for deal origination and strategic value-add, aligning with the firm's focus on 'patriotic capitalism.'
Value-Add Capabilities and Support
1789 Capital offers strategic guidance, operational assistance, and networking opportunities to its portfolio companies.
1789 Capital provides extensive value-add support to its portfolio companies through a combination of strategic connections, growth capital, and hands-on partnership. The firm focuses on U.S.-centric sectors such as AI, defense tech, fintech, digital infrastructure, and real estate, leveraging its leadership team's political and business connections to unlock growth opportunities.
Key aspects of support include strategic and political connections, capital deployment, and growth expertise. For instance, the firm helps companies access government contracts and beneficial regulatory environments, particularly in regulated sectors like defense-tech and energy. Additionally, their hands-on partnership involves direct involvement from partners like Donald Trump Jr. in strategic planning and investment origination.
1789 Capital’s network access enables portfolio firms to collaborate with aligned media, political organizations, and industry stakeholders, creating commercial and government partnership opportunities. In real estate, the firm accelerates project timelines and unlocks value through partnerships with developers, focusing on high-demand U.S. markets.
- Strategic and Political Connections
- Capital Deployment and Growth Expertise
- Hands-On Partnership
- Network Access and Collaborative Deals
- Real Estate Value-Add Specifics
- Emphasis on U.S. Expansion and De-Globalization
Key Metrics on Value-Add Capabilities and Support Impact
| Metric | Description | Impact |
|---|---|---|
| Strategic Connections | Access to government contracts | Increased revenue opportunities |
| Capital Deployment | Late-stage growth investment | 3-5x return targets |
| Hands-On Partnership | Direct involvement in planning | Rapid company scaling |
| Network Access | Collaboration with political organizations | Expanded market reach |
| Real Estate Initiatives | Partnerships with developers | Accelerated project timelines |
| U.S. Expansion | Guidance on reshoring | Enhanced compliance and market appeal |
1789 Capital's deep political and business connectivity is a key driver of its value-add support.
Types of Support Provided
1789 Capital offers a range of support capabilities including strategic guidance with political connections, operational assistance through hands-on partnership, and networking opportunities via access to a broad network of aligned stakeholders.
Examples of Portfolio Success
Through its strategic connections, 1789 Capital has helped companies secure government contracts, enhancing their revenue potential. Their hands-on partnership approach has facilitated rapid scaling and successful market positioning for numerous portfolio companies.
Impact of Involvement
1789 Capital's involvement has led to significant growth and expansion for its portfolio companies. By leveraging its unique capabilities, the firm has consistently achieved ambitious return targets and facilitated the successful scaling of operations.
Application Process and Timeline
Detailing the application process and timeline for entrepreneurs seeking investment from 1789 Capital.
Application Steps
1789 Capital does not have a public application portal or standardized form for entrepreneurs. The firm primarily engages with potential investments through direct introductions or invitations. Entrepreneurs should leverage existing professional networks to connect with 1789 Capital's partners.
Evaluation Process
The evaluation process is managed internally by 1789 Capital's partners. They focus on late-stage companies within specific sectors such as technology, defense, AI/software, fintech, space, and digital infrastructure. Companies must demonstrate significant growth potential, with a preference for those showing annualized revenue growth above 50%.
Preparation Guidance
Entrepreneurs should prepare pitches that align with 1789 Capital's investment philosophy, emphasizing 'patriotic capitalism' and domestic production. It is crucial to highlight how the company fits into the firm's preferred sectors and meets its growth criteria. Avoid including ESG or DEI components, as these do not align with the firm's focus.
Portfolio Company Testimonials
Currently, there are no publicly available testimonials from portfolio companies of 1789 Capital. The firm's investments and growth are documented, but direct feedback from company leaders is not available.
1789 Capital is known for its investments in U.S. technology companies and its ideological alignment with conservative values. Despite its notable investments and growth, there is a lack of publicly available testimonials from portfolio companies. This presents a gap in understanding the qualitative impact and value that 1789 Capital provides to its partners.
No direct testimonials from portfolio companies of 1789 Capital are currently available in public sources.
Experiences with 1789 Capital
1789 Capital's experience with portfolio companies is not documented through testimonials. The firm is recognized for its conservative investment strategy and focus on late-stage technology companies but lacks direct feedback from its portfolio regarding the partnership experience.
Benefits of Partnership
While specific benefits as cited by portfolio companies are not available, 1789 Capital's growth and successful funding rounds suggest potential advantages in terms of financial support and strategic alignment with conservative values.
Reflective Strengths
1789 Capital's strengths are inferred from its investment strategy and rapid asset growth. However, without testimonials, it is challenging to assess the firm's strengths from a portfolio company perspective.
Market Positioning and Differentiation
An analysis of 1789 Capital's market positioning and differentiation within the venture capital industry, highlighting their unique strategies, competitive advantages, and market insights.
1789 Capital distinguishes itself in the venture capital landscape through a unique blend of conservative values and strategic sector focus. By rejecting ESG principles and aligning with 'patriotic capitalism,' the firm appeals to investors seeking alternatives to mainstream funds. This approach not only attracts a niche market but also aligns with the political climate favoring America First ideologies.
The firm's focus on late-stage investments in sectors like AI, defense tech, fintech, and energy positions it to capitalize on companies nearing IPO or acquisition. This strategy is bolstered by a target of achieving 3–5x returns within a short timeframe, emphasizing rapid value realization.
Noteworthy investments in high-profile companies such as SpaceX and Anduril, combined with political connections through partners like Donald Trump Jr., enhance 1789 Capital's market presence. These elements contribute to its trajectory of growth, with assets under management surpassing $1 billion as of late 2025.
Competitive Positioning and Unique Strategies
| Attribute | Details |
|---|---|
| Market Identity | Conservative and anti-ESG focus, branded as 'patriotic capitalism' |
| Target Sector | Late-stage investments in AI, software, defense tech, fintech, space, and energy |
| Return Objectives | 3–5x returns over 2-4 years, targeting high-growth potential |
| Notable Investments | SpaceX, xAI, Groq, Plaid, BlinkHealth, Anduril |
| Assets Under Management | Over $1 billion as of late 2025 |
| Political and Media Ties | Donald Trump Jr. as a partner, aligning with America First movement |
| Investment Check Sizes | $5 million to $50 million minority stakes |
Contact and Next Steps
Learn how to connect with 1789 Capital and explore opportunities for collaboration.
Entrepreneurs and potential partners interested in engaging with 1789 Capital can reach out through several established channels. Given the firm's focus on growth equity investments, they are keen to connect with innovative ventures and strategic partners.
Contact Details
1789 Capital is headquartered in Palm Beach, Florida. For direct inquiries, you can contact them at their principal office.
- Address: 214 Brazilian Avenue, Suite 200-J, Palm Beach, FL 33480
- Phone: 917-699-8279
- Website: 1789capital.vc
Preferred Communication Methods
The firm primarily communicates through industry channels. Press releases and media coverage are common for major announcements. For personalized contact, visiting the 'Team' page on their website is recommended.
Next Steps Guidance
To engage with 1789 Capital, consider preparing a detailed proposal or business plan that aligns with their investment focus. Initial contact is best made via phone or through their website, where you can explore the backgrounds of key team members and submit inquiries.
