WISCHOFF VENTURES · SOLO GP · PRE-SEED & SEED

Fuel their fire. — Wischoff Ventures: pre-seed and seed venture capital for logistics, freight, construction, industrial and B2B fintech infrastructure.

I write first checks to the underestimated founders building the unsexy, essential companies the rest of venture ignores — freight, logistics, construction, industrial, and the money rails underneath them.

Send your deck The underdog story

Central NY → SF & NYCLeads its own roundsI'm willing to take the most risk

The record

Edge on the surface.
Rigor underneath.

The swagger is earned. Three funds, real ownership, and returns that back the mouth. Here's the receipt.

~$50M

Fund III

Raised in ~5 months, in a brutal market — as an outsider.

26%

IRR, Fund II

Edge on the surface. Real numbers underneath.

~90K

Followers on X

The distribution moat. Founders find me before I find them.

25–30

Companies per fund

Concentrated, high-ownership, first-check bets. I lead.

The underdog trajectory

Fund I~$5M

31 LPs. Intentionally capped. Run end-to-end on AngelList.

Fund II$20M

Dec 2022. 26% IRR. Backed by Peter Thiel.

Fund III~$50M

2024. First close in ~2 months. Done in ~5.

Backed by

Peter ThielLee FixelJerry YangBain CapitalInsight PartnersCendana CapitalScreendoorByers Capital

An outsider who still landed venture's most selective LPs — and closed Fund III in five months.

Shoulders into rooms with

Founders FundAccelIndexSusa8VCInsight

The thesis

I back the businesses
nobody posts about.

My mandate is tight, and it's autobiographical: bring the physical economy online. Freight, logistics, construction, manufacturing, industrial automation — and the B2B financial infrastructure running underneath all of it.

These are regulated, infrastructure-heavy, unsexy-but-essential markets that brand-focused VCs overlook. Which is exactly why operating expertise, media reach and hands-on help compound into an edge here.

Boring is a moat.
The unsexy businesses run the world. I'm willing to take the most risk to get there first.

Freight

The trucks, brokers and forwarders that move the physical world.

Logistics

Cross-border, customs, and the software that untangles them.

Construction

The people who build things — and the money that reaches them slowly.

Industrial

Manufacturing and automation, dragged online one workflow at a time.

Money Rails

The B2B financial infrastructure running underneath all of it.

Then I build them into one machine. I deliberately assemble a portfolio where the companies become each other's customers — a connected supply chain, not a spray of logos. See how it fits together

Portfolio chemistry

One portfolio, wired as
a single supply chain.

Most funds collect logos. I compose an ecosystem — companies that become each other's customers across freight, construction and the money rails underneath. Trace any one to see how it connects.

15 companies · 16 links

Hover a company to trace its supply chain. Tap to pin it.

Loop, Coast and Cargado move it. Beam and Beacon build it. Nickel and Cedar pay for it.

The portfolio

Relocation & immigration, handled end-to-end

Consumer & Other

Giftshop

Modern consumer commerce

Consumer & Other

Nyne

Software for an underserved industry

Consumer & Other

MoneyKit

Bank connectivity API

Money RailsExited

Plus early bets like Escargot — the logo wall keeps growing, and it's reconciled against her live portfolio.

The underdog story

Public housing to a
~$50M fund.

For a solo GP, the fund has no identity apart from the person. Founders back me because I'm the outsider who made it — and I bet on other underestimated fighters for the same reason.

Start
Fifth of seven, central New York
Raised in financial insecurity — in and out of public housing, without reliable food or clean clothes. A poor student, going nowhere.
The turn
A year in Belgium, then running
A host family got her into studying and distance running. Running earned her a lifeline: a cross-country spot at SUNY New Paltz.
Hustle
Tile sales → the NYC Marathon → Citi
Home tile salesperson on Long Island. Staffer for the nonprofit behind the NYC Marathon. A connection at Citi moved her to San Francisco — where she caught the startup bug.
Operator
Blend, One Finance, Built
"I treated it like it was mine" at Blend (public via SPAC, ~$4B). VP of strategy at One Finance (acquired, her first windfall). Started angel investing at Built.
The fund
$5M → $20M → ~$50M
Angel checks in 2020 became Fund I, then a $20M Fund II backed by Peter Thiel, then a ~$50M Fund III — raised in five months as the outsider nobody bet on.

“I treated it like it was mine.”

Nichole Wischoff

Founder & Solo GP · SF & NYC

Fifth of seven. Distance runner. Operator at Blend and One. Closed a deal on my honeymoon.

~90K follow along on X →

How I help

In the trenches,
not on the board deck.

When Checkmate was melting down — bots swarming, the CTO having panic attacks — the CTO called me, not a board. Here's the concrete version of that.

First customers

Warm intros into the freight, construction and fintech buyers who actually sign — not a LinkedIn spray.

Crisis support

When Checkmate melted down, the CTO called me — not a board. Hands-on when it's on fire, not just when it's easy.

GTM playbooks

The unsexy go-to-market for regulated, infrastructure-heavy markets, from someone who ran it inside Blend and One.

LP & capital distribution

Access to the family offices and elite LPs who backed her — Thiel, Fixel, Yang, Bain, Insight, Cendana.

Distribution

~90K followers and a media engine pointed at your raise. Being underestimated is easier when everyone's heard of you.

A same-day yes

I rate decisiveness as the top founder trait — and hold myself to it. Fast conviction, first checks, real ownership.

The moat

Posting is the
whole strategy.

~90K followers on X, a build-in-public newsletter, and a TikTok most VCs would never touch. I put the numbers, the losses and the mechanics out in the open — so founders have heard of me before they ever need me.

“I'm willing to take the most risk.”

“I invest in unsexy businesses.”

“Be where they can find you.”

Fundraising

How I raised ~$50M in five months

The mechanics of a first close, the outreach cadence, and closing a deal on my honeymoon.

Explore her essays

LP construction

Building an LP base as an outsider

31 LPs on AngelList to Thiel, Fixel and Yang — how the cap table of a fund actually comes together.

Explore her essays

Thesis

Why I only back unsexy businesses

The new supply chain, portfolio chemistry, and why boring, essential markets are a moat.

Explore her essays

Get the dispatch.

Fundraising mechanics, LP construction, and the new supply chain — straight from the source.

Subscribe Follow on X

The short version

Straight answers.

Who is Nichole Wischoff?

Nichole Wischoff is a solo general partner and the founder of Wischoff Ventures. She grew up in financial insecurity in central New York, worked as an operator at Blend, One Finance and Built Technologies, and now writes first checks to pre-seed and seed founders building the physical economy. She has ~90K followers on X and is known as venture's ultimate challenger brand.

What does Wischoff Ventures invest in?

Wischoff Ventures backs "unsexy but essential" businesses that bring the physical economy online — freight, logistics, construction, industrial automation, and the B2B financial infrastructure running underneath them. Nichole deliberately builds a portfolio where companies become each other's customers.

What stage and check size?

Pre-seed and seed, roughly 70% seed historically. Checks run up to about $1M today. Wischoff Ventures leads its own rounds and also co-invests alongside emerging and established firms.

How do I pitch Wischoff Ventures?

Email your deck to deals@wischoff.com. Nichole decides alone, rates decisiveness and urgency as top founder traits, and is known for same-day commitments — so it's fast, personal, and direct.

How big is the fund?

Wischoff Ventures has scaled across three funds — roughly $5M (Fund I), $20M (Fund II, 2022, with a 26% IRR), and ~$50M (Fund III, 2024). LPs include Peter Thiel, Lee Fixel, Jerry Yang, Bain Capital, Insight Partners and Cendana Capital.

For the founders audacious enough to shake things up

Send your deck.

I decide alone — often same day. Decisiveness and urgency are the traits I rate highest, in you and in me. No committee, no ceremony, no theater. Just tell me what you're building.

Send your deck Subscribe

deals@wischoff.com

Fuel their fire. — Wischoff Ventures: pre-seed and seed venture capital for logistics, freight, construction, industrial and B2B fintech infrastructure.

Edge on the surface.Rigor underneath.

I back the businessesnobody posts about.

Freight

Logistics

Construction

Industrial

Money Rails

One portfolio, wired asa single supply chain.

First checks into theunsexy empire.

Loop

Coast

Cargado

Freightmate AI

Dutywise

Beam

Beacon

Topkey

Stell Engineering

Nickel

Cedar Money

Nuvo

Ansa

Vesta

Seel

Trustlayer

Culdesac

Checkmate

Pine

MigrateMate

Giftshop

Nyne

MoneyKit

Public housing to a~$50M fund.

Fifth of seven, central New York

A year in Belgium, then running

Tile sales → the NYC Marathon → Citi

Blend, One Finance, Built

$5M → $20M → ~$50M

In the trenches,not on the board deck.

First customers

Crisis support

GTM playbooks

LP & capital distribution

Distribution

A same-day yes

Posting is thewhole strategy.

How I raised ~$50M in five months

Building an LP base as an outsider

Why I only back unsexy businesses

Straight answers.

Send your deck.

Edge on the surface.
Rigor underneath.

I back the businesses
nobody posts about.

One portfolio, wired as
a single supply chain.

First checks into the
unsexy empire.

Public housing to a
~$50M fund.

In the trenches,
not on the board deck.

Posting is the
whole strategy.