1789 Capital
1789 Capital is a Palm Beach-based growth equity and venture capital firm that invests in U.S.-focused sectors including AI, defense technology, semiconductors, and space under a 'patriotic capitalism' thesis.
- Company typePrivate
- Founded-
- HeadquartersPalm Beach, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What 1789 Capital does
1789 Capital is a privately held growth equity and venture capital firm founded in 2023 by Omeed Malik, Christopher Buskirk, and Rebekah Mercer, headquartered in Palm Beach, Florida. The firm pursues a 'patriotic capitalism' investment thesis, concentrating capital in U.S.-focused sectors including artificial intelligence infrastructure, defense technology, semiconductors, space, and advanced manufacturing. Its core product is the 1789 Capital Growth Equity Fund, with reported AUM of approximately $2 billion, complemented by the newly launched 1789 Real Estate Fund, which raised $1 billion within a few months. Total AUM has expanded from roughly $200 million at founding to $3.5 billion, with an articulated target of $10 billion. Donald Trump Jr. joined as a partner following the 2024 U.S. presidential election, anchoring a politically connected deal-sourcing network that supplements traditional founder and institutional relationships.
1789 Capital firmographics
Firmographics- Name
- 1789 Capital
- Legal name
- 1789 Capital
- Website
- https://1789capital.vc
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- 1789 Capital is a Palm Beach-based growth equity and venture capital firm that invests in U.S.-focused sectors including AI, defense technology, semiconductors, and space under a 'patriotic capitalism' thesis.
- Ownership category
- akta.pro rank
1789 Capital industry classification
Industry- Product category
- Growth Equity and Venture Capital Investment
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Technology & Software Growth Equity (FSANACAA)
- akta.pro secondary industries
- Security & Defense / GovTech Growth Equity (FSANACAN), Financial Services / Fintech Growth Equity (FSANACAE)
Keywords
Where 1789 Capital is headquartered
LocationHeadquarters
- HQ city
- Palm Beach
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
1789 Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Investment Returns and Management Fees: 1789 Capital generates returns through equity investments in portfolio companies across AI, defense technology, semiconductors, space, and other American-focused sectors. The firm aims to reach $10 billion in assets and position itself as a modern equivalent of Carlyle Group.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
1789 Capital product offering
Product offeringCore offering
1789 Capital is a growth equity and venture capital investment firm that deploys capital into American-focused companies operating in AI, defense technology, semiconductors, space, and advanced manufacturing sectors. The firm operates the 1789 Capital Growth Equity Fund and the 1789 Real Estate Fund, sourcing deals through founder networks and political relationships. It invests in established private companies such as SpaceX, Cerebras, Anduril, Databricks, Ramp, Deel, and xAI.
Product overview
1789 Capital is a growth equity investment firm that provides financing to companies in the Entrepreneurship, Innovation & Growth (EIG) economy. The firm operates two main products: the 1789 Capital Growth Equity Fund focused on AI, defense technology, semiconductors, and American-focused businesses; and the 1789 Real Estate Fund targeting demographic shifts and real estate investments. The firm has grown from approximately $200 million to $3.5 billion in assets under management, with a strategy centered on what it calls 'patriotic capitalism.'
Differentiator
Problem solved
Functional benefit
Brands
- 1789 Real Estate Fund: Real estate investment fund launched by 1789 Capital, which attracted $1 billion within a few months of launch.
- 1789 Capital Growth Equity Fund
Products and services
- 1789 Capital Growth Equity Fund
- 1789 Real Estate Fund
Companies that use 1789 Capital
Customer profileSegments3 records
Ideal customer profiles2 records
1789 Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
1789 Capital partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights6 records
1789 Capital competitors and assessment
Company assessmentDirect peers
- General Catalyst: Multi-stage technology investor with strong defense, AI, and government-facing portfolio companies — most directly comparable growth-stage peer in scale and sector mix.
- Founders Fund: Thiel-led venture and growth firm with deep exposure to defense tech, AI, and frontier technology — closely aligned with 1789's thesis around strategic, America-focused technology bets.
- Lux Capital: Deep-tech and defense-focused venture firm that has co-invested with 1789 (Hadrian); shares the dual-use / frontier-technology investment thesis.
- Thrive Capital: AI-focused growth investor that has led large late-stage rounds in AI infrastructure — directly comparable in sector concentration and stage focus to 1789's tech and AI book.
- Khosla Ventures: Large, ideologically driven tech investment firm with similar willingness to take concentrated, contrarian positions — comparable in conviction-driven, founder-friendly growth equity approach.
Broad incumbents
- Carlyle Group: Explicitly cited by 1789 Capital as the 'modern equivalent' it aspires to be — large, politically connected alternative asset manager with defense and government-facing investment franchises.
- Blackstone: Largest alternative asset manager, now actively expanding into late-stage tech growth and AI infrastructure; sets the upper-bound comparability for scaling 1789's growth equity and real estate fund family.
- Andreessen Horowitz (a16z): Largest multi-stage technology investment platform, co-investor alongside 1789 in names like Hadrian; sets the comparable benchmark for tech-focused growth equity AUM and brand power.
- Sequoia Capital: Frequently co-invests with 1789 in marquee rounds (Reflection AI, others) and represents the upper bound for late-stage technology growth equity investing that 1789 is benchmarking against.
Emerging players
- DCVC (Defense Community Venture Capital): Deep-tech and defense-focused venture firm with explicit national-security thesis; smaller and more specialized than 1789, but the closest pure-play defense-tech growth peer.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
1789 Capital social profiles
Digital presence1789 Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
1789 Capital leadership team
Management profileNumber of profiles
Profiles9 records
1789 Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1789 Capital M&A and investment
M&A and investmentM&A
Investments35 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 1789 Capital
What does 1789 Capital do?
1789 Capital is a growth equity and venture capital investment firm that deploys capital into American-focused companies operating in AI, defense technology, semiconductors, space, and advanced manufacturing sectors. The firm operates the 1789 Capital Growth Equity Fund and the 1789 Real Estate Fund, sourcing deals through founder networks and political relationships. It invests in established private companies such as SpaceX, Cerebras, Anduril, Databricks, Ramp, Deel, and xAI.
Is 1789 Capital a public or private company?
1789 Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was 1789 Capital founded?
1789 Capital was founded in -1. It employs 1 to 10 people.
Where is 1789 Capital based?
1789 Capital is headquartered in Palm Beach, United States, in the North America region.
How does 1789 Capital make money?
One revenue line is on record: investment Returns and Management Fees.
Who are 1789 Capital's main competitors?
Direct peers on record are General Catalyst, Founders Fund, Lux Capital, Thrive Capital and Khosla Ventures. Broad incumbents are Carlyle Group, Blackstone, Andreessen Horowitz (a16z) and Sequoia Capital. DCVC (Defense Community Venture Capital) is listed as an emerging player.
Does 1789 Capital have an API?
No public API is recorded for 1789 Capital.
What industry is 1789 Capital in?
1789 Capital's product category is Growth Equity and Venture Capital Investment. Its primary akta.pro industry code is FSANACAA, Technology & Software Growth Equity, with a secondary code of FSANACAN, Security & Defense / GovTech Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.