Embracing the Golden Ratio: OneSixOne Ventures Secures $5M to Cultivate Organic Startup Growth

OneSixOne Ventures proudly announces a major milestone with a recent funding raise of $5,000,000—a testament to its unwavering commitment to nurturing and empowering the startup ecosystem. Inspired by the concept of the golden ratio, 1.61 symbolizes the idea that nature thrives when growth happens organically and efficiently. Founded by Pablo Casilimas and Justis Mendez, who first connected at the University of Florida in 2016, the company has been dedicated to filling the capital gap for early-stage startups, particularly in Florida’s dynamic yet under-resourced market. Recognizing the untapped potential within a community boasting over 60,000 students and 13,000 engineers, the founders initiated a movement that would later evolve into the largest hub for startup events stretching from Orlando to Atlanta. This recent infusion of capital is strategically earmarked for expanding OneSixOne’s unique community-building initiatives and enhancing its support framework. The funding will empower the firm to scale its innovative programs—ranging from curated workshops and meetups to an internationally acclaimed Zoom-based accelerator, which, even amid a global pandemic, enabled 40+ startups to collectively raise over $13M. The success stories, including a notable acquisition, speak volumes about the resilience and forward-thinking spirit the company instills among founders. Today, managing over $4M in assets and boasting a portfolio of 15+ active companies while hosting 150+ events across 8 cities, OneSixOne Ventures is poised for its next chapter: broadening its reach within the early-stage arenas of AI, cloud infrastructure, dual-use technology, and beyond. This funding will not only fuel further innovation but also foster the continued cultivation of thriving communities for visionary tech leaders and entrepreneurs.