About P1

    Operators backing the founders building what we used to run.

    Our Story

    P1 Investments started with a simple belief: the best early-stage capital comes paired with experience you can't learn in a boardroom.

    Jeremy Terman was an early hire at DoorDash, where he launched 25+ markets and closed $2B+ in national contracts. Today he leads Enterprise and Strategic Growth at 7shifts. He has worked at every stage of a startup and raised $2M as a founder.

    Along the way, he invested in 20+ companies alongside partners including DashAngels. Founders kept asking for the same things: help building a revenue team, introductions to operators and enterprise buyers, and a path to the next round. P1 formalizes that work.

    We back seed through Series A founders in AI, sports, marketplaces and restaurant tech, alongside a 180+ LP community of operators, executives, and investors who've built real things.

    Investment Thesis

    We back seed through Series A founders in AI, sports, marketplaces and restaurant tech, and invest selectively in consumer, fintech, and food and beverage. We look for scaling revenue, a lead investor in place or in process, and founders with real insider access to their market.

    We look for founders who:

    • ●Have deep domain expertise or insider access in their target market
    • ●Are building for a wedge that expands into a platform
    • ●Demonstrate unique distribution advantages: not just a better product, but a better path to market
    • ●Think in systems, not features, understanding the entire value chain they're disrupting

    Stage Focus

    We invest from seed through Series A, the stages where founder-market fit matters most and where the right strategic investor can be the difference between a good company and a category-defining one.

    Seed

    Companies with early traction, scaling revenue, and a clear path to product-market fit

    Series A

    Proven models ready to scale with repeatable go-to-market