Samit Kalra
Samit Kalra

Samit Kalra

About Me

Hi there! I’m Samit, and I’m a Partner at 1984 Ventures, an SF-based seed fund with $150M AUM. I joined the team in 2021, having spent the previous three years at Bain Capital Ventures, a prominent multi-stage fund that’s backed iconic companies like Docusign, Sendgrid and Linkedin. Prior to that, I worked at AngelList - a startup building tools for other startups.

I credit AngelList for developing my passion for company building and investing. While working there, I helped over 150 founders close funding rounds. I fell in love with the industry because it scratched two itches: my constant desire for learning while simultaneously helping brilliant people invent the future. Since then, I’ve dedicated myself to learning the craft of investing and helping founders win.

Although I’m not a former founder, my partners at the fund (Ramy, Aaron, Farzad) all are, and we work together in supporting our portfolio companies. I complement their entrepreneurial backgrounds with my particular expertise in helping seed stage companies raise subsequent capital - for which I currently have a 100% success rate.

You can reach me via email, Linkedin or Twitter.

Blog and Reading List

From time to time, I write about the seed stage venture capital landscape, to help demystify topics for founders. You can find my blog ➡️ here ⬅️.

I also open source a list of interesting content I’ve read here.

Investment philosophy and focus areas

I typically invest $500K - $1.2M into pre-seed and seed-stage startups.

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My investment framework is simple: I focus on startups solving deep market needs and teams who are able to get from 0 to 1. In practice, this skews towards technical teams who are solving a known (or knowable problem) and who can ship quickly. You can find a more detailed explanation of my investment framework ➡️ here ⬅️.

Sector-wise, I focus on:

B2B SaaS

E.g. product analytics startups like Posthog or procurement software like Fairmarkit

Marketplaces

E.g. Labor marketplaces like Seso or Trusted Health

Supply chain / logistics

E.g. trucking startups like Exo Freight, warehousing startups like Flowspace or SaaS for ports like Bluecargo

Proptech

E.g. mortgage startups like Sucasa or property management software companies like Latchel

Fintech

E.g. payments startups like Routable

Commerce tech

E.g. Postscript (SMS marketing for Shopify stores) and Syrup (inventory mgmt for retailers)

How I help founders

  • Fundraising
    • I work closely with founders to craft their pitch decks, narratives and make introductions to upstream investors. I have a strong network of Series A funds given my previous experience at Bain Capital Ventures
    • So far, I have a 100% success rate in helping companies I work with raise subsequent capital
  • Recruiting
    • Helping hire and close candidates (engineering, product, data science sales, marketing)
  • Founder therapy
    • Being the late-night phone call for any and all concerns

Companies I’m involved with

I have sourced, led investments or am involved with the following 1984.vc companies:

Quotes from some founders I work with

Since we raised from 1984, Samit has made an immediate impact on our business. He shows up in all the ways you hope a VC would - pulse on the market (allowing me to stay focused on execution), tailored advice for our stage, and a deep network of operators and investors. That said, my favorite part about working with Samit is how thoughtful he is around our actual business/product, regularly texting me with feedback on his experience as an early user and ideas for how to further aspects of the product! I wish I had partnered with him and the 1984 team sooner... —- Teddy Fitzgibbons, CEO @ Streetfair

Samit has meaningfully inflected the trajectory and velocity of our company. He’s the definition of an excellent early investor - fast moving, hyper responsive, well networked, likable, high integrity and an all round great person. A fast term sheet was followed by thoughtful contributions during our product build and really helping raise our seed round, including introducing us to our eventual lead. Samit mapped his ever-growing network to his portfolio companies, allowing us to leverage his high-trust relationships with other funds to speed up and smooth out our seed raise. We’re grateful and pumped to have him on our side!Mario Emmanuel, CEO @ Sucasa

When we were raising our seed round, we got an introduction to Samit and Ramy with 1984 through a mutual contact. Immediately we loved that they were former operators but more importantly very interested in supply chain. They had a ton of conviction and were extremely founder friendly in getting a deal done with us, so much so that they actually helped us get into YC very shortly after they made an investment. Since the seed round, Ramy and Samit both have been very involved with our business, helping us navigate YC and raise our Series A (including connecting us to our lead, Left Lane Capital). They are have an extremely good reputation in the VC community and having them on our cap table has been amazing.Kurtis Tryber, CEO @ Exo Freight

Samit has been one of my most impactful investors in terms of fundraising strategy and overall support. He is always a quick call away when I need advice, fundraising intros, or a brainstorming session. So grateful to have him on the cap table and highly recommend working with him if you have the opportunity!Kristen Wiley, CEO @ Statusphere

Other companies I’m involved with

I am an angel investor in companies like Hey Jane, Sorare, Microacquire, Wintermute and Pipe.

I am also an LP in funds like Dashfund (fintech) and Lattice Capital (crypto).

About 1984 Ventures

1984 Ventures is a seed fund based in San Francisco. We have $150M AUM and are currently investing out of our second fund, which is a $75M vehicle. We invest $500K - $1.2M in pre-seed and seed rounds. We were recently profiled in Fortune magazine.

We are not sector driven but have made 65 investments over the past five years across B2B SaaS, infrastructure software, fintech, proptech, supply chain/logistics and healthcare.

We are very active investors in Y Combinator, and to-date have five companies (Postscript, Routable, Shelf Engine, Convex, Posthog) listed in YC’s top company list.

Some of our notable investments to date include:

  • Postscript - an SMS marketing SaaS tool for Shopify stores (now Series C)

  • Fairmarkit — a SaaS tool to manage procurement (now Series C)

  • Trusted Health — a labor marketplace connecting nurses to hospitals (now Series C)

  • Kyte — Uber for car rentals (now Series B)

  • Posthog — OSS product analytics (now Series B)

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Blog

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Reading list