ACME is an early-stage venture capital firm investing in pioneering Founders that:
DARE TO IMAGINE using quantum-entangled ions in a computer solving the hardest problems in the universe (IonQ)
DARE TO COMPREHEND the provision of primary healthcare completely redesigned for women, by women (Tia)
DARE TO FATHOM a smart waste management system that makes streets cleaner, environments greener, and optimizes public resources (Nordsense)
DARE TO ENVISION a lingerie brand that genuinely celebrates bodies of all shapes and empowers the wearer (Savage X Fenty)
These are the types of companies we are excited to partner with. Companies leveraging technology and data to pursue massive opportunities that have the potential to reshape industries – or create completely new ones; companies led by Founders who dream big and execute smartly.
We have been fortunate enough to invest in and partner with these trailblazers, as well as a handful of others that we will announce soon.
Our latest fund is the 10th overall for our Partners, but the first they are managing together. We’re energized by our running start, and the beginning of a portfolio that reflects the shared belief:
THE WORLD IS DRIVEN BY PLATFORM SHIFTS, WITH EACH SHIFT FUNDAMENTALLY CHANGING THE WAY WE LIVE, LEARN, AND WORK.
The platform shifts that have defined the last 30 years—desktop computing, the Internet, mobile phones—significantly changed business and culture. We believe the next wave of platform shifts will be equally, if not more, transformative as new forms of computing emerge and societal impact is prioritized.
These beliefs are foundational to our strategy: invest in Founders building disruptive business models that can capitalize on current platforms, as well as Founders building breakthrough technologies that will enable emerging platforms.
We have developed a “Dare To” framework to help us zero in on the most game-changing ideas. We create a “Dare To” statement for each company we meet; these statements serve as a sort of litmus test for our team—a way to gauge the scale of the opportunity the company is pursuing by articulating the new reality it has the potential to create. We include these “Dare To” statements in every term sheet we extend as a way of aligning with our Founders around a shared vision.
Commit with Conviction. We recognize going after massive opportunities isn’t easy and requires not only an extraordinary founding team, but an extended family willing to dig in and help when critical challenges arise. We focus on providing meaningful and tangible support in company-defining areas. We call it “Impact Value-Add” to differentiate from the table-stakes services that venture firms typically promise. We set our bar exceptionally high in regard to both the magnitude and frequency of our value-add, often asking ourselves if our contributions would be included in a Founders’ hypothetical memoir.
2020 has been a year unlike any other. It has exposed the fragility of our systems and highlighted the vast inequities in our society. We recognize that we have a responsibility to be a part of driving a change toward a more equal and resilient future.
Our first step toward that is the creation of the ACME 1% Pledge, a pledge to commit 1% of our carried interest to support philanthropic organizations chosen by each of our Founders.
Our foundational shared ethos around collaboration, humility, and a relentless work ethic is a powerful combination that sets ACME apart.
We are anchored by our core values, which we have relied on throughout our investment careers and expect of the company we keep:
These values guide us on a daily basis and are embodied by every ACME team member. We are proud of what we have built and excited by the opportunities ahead. We are grateful for the partnership of our Limited Partners, many of whom have supported us across our careers, and for the trust of our portfolio Founders, who continue to inspire us.