Backing founders who do the work

Grit builds
companies.

We back founders who ship product, close customers, and do the unglamorous work. No hype cycles. No celebrity founders. Just people who get it done.

0
Vanity List Founders
Investment Thesis

We invest in work,
not noise.

The venture world loves a good story — the wunderkind dropout, the celebrity founder, the glossy magazine cover. We don't invest in stories. We invest in people who grind, ship, and build real businesses.

Our founders don't have PR teams. They have customers. They don't optimize for clout — they optimize for margins, retention, and solving hard problems that nobody's filming a documentary about.

Builders, Not Talkers

We back people who've actually done the work — managed P&Ls, shipped products, made payroll on hard months, and ground through the years nobody claps for.

Real Knowledge

Our founders know their industries cold — not from a pitch deck template, but from years of solving problems in the trenches. That depth is what creates durable companies.

Allergic to Hype

If your growth strategy is "go viral," we're not your fund. We back businesses with real unit economics, real customers, and founders who'd rather be building than tweeting.

Our Policy

No meetings. No exceptions.

We have a clear, public stance on celebrity founder culture. We think vanity lists, manufactured prestige, and the entire make-believe celebrity ecosystem are actively harmful to serious company building. So we put our money where our mouth is.

Hype Magazine Annual Issue
Special Feature

30 Under 30:
The Next Big Things

"These visionary founders are disrupting industries before their 30th birthday — and they look great doing it."

CEO, VaporApp
Founder, BuzzCo
CTO, HypeML
0 Revenue · 3 Podcasts · 50K Followers
REJECTED

We Will Not Meet With

30 Under 30 honorees, or any founder whose primary credential is a vanity list. If your pitch deck leads with press clippings, we're not the right firm.

Automatic Divestment

If a founder or key employee at a portfolio company is named to a "30 Under 30," "40 Under 40," or similar vanity list, we will seek to divest our entire position at the earliest opportunity.

Why?

These lists don't measure what matters. They measure who has the best PR firm, the most photogenic origin story, or the right connections to magazine editors. They create make-believe celebrities who haven't actually done anything yet — and the distraction that follows is corrosive to the focused, heads-down work that builds great companies. We'd rather invest in someone the press has never heard of who's quietly doing $10M in ARR.

Our Approach

Shut up and wire.

We write checks at Seed and Series A. No dog and pony show. You tell us what you've built, we look at the numbers, we decide fast. If you're doing real work, we want to fund it.

01

Show Us the Work

We don't care about your story arc. We care about your customers, your margins, and what you did last Tuesday. Grit is visible in the details.

02

We Roll Up Our Sleeves

Our partners have built and run companies. We help with hiring, GTM, ops — the actual work. Not "thought leadership."

03

No Performative BS

Clean terms, fast decisions, no vanity board seats. We stay out of your way and show up when it matters.

Sectors We Know

🏗️
Enterprise SaaS
B2B infrastructure & workflow
🎖️
Defense Technology
National security, dual-use tech
🛡️
Cybersecurity
Identity, compliance, defense
🤖
Artificial Intelligence
Infrastructure, agents, applied ML
What We Believe

Principles, not platitudes.

Every fund claims to be "founder-friendly." Here's what we actually stand for.

01

Do the Work

We back people who show up every day and grind — not people who show up to panels and podcasts. Output over optics, always.

02

Revenue Over Applause

Customers paying you money is the only validation that matters. Not awards, not press, not follower counts.

03

Stay Unlisted

The best founders we know will never be on a magazine cover. They're too busy building. That's exactly who we want to fund.

04

Grit Compounds

Hype fades. Grit doesn't. The founders who keep showing up, keep iterating, and keep solving problems are the ones who build things that last.

"Nobody ever built a great company from a magazine cover."
— The Unlisted Ventures Philosophy
Our Team

We've done the work too.

Our partners have built companies, made payroll, lost sleep, and come out the other side. We don't advise from theory. We've been in the chair.

BD

Blake Darche

Managing Partner

20+ years in information security. Former founder, active investor, and advisor backing cybersecurity and enterprise startups.

JS

Johnny Sabin

Managing Partner

20+ years in cybersecurity across the US Intelligence Community and Fortune 500, building security programs and technology products.

OF

Oren Falkowitz

Managing Partner

Founder, farmer, and builder. Expertise in cloud computing and data-driven solutions from startup to scale.

Let's Talk

Doing real work?
Let's talk.

No warm intro required. No pitch deck theater. Just tell us what you've built, what your numbers look like, and what you need to get to the next level.

We typically respond within 48 hours.