# 1517 Fund

> 1517 Fund's investments in AI tools on Anchor Terminal, Lambda, with each listing's grade and the founders behind it.

- Canonical: https://www.anchorterminal.com/investors/1517-fund/
- Markdown: https://www.anchorterminal.com/investors/1517-fund/index.md (~450 tokens)
- Slim: https://www.anchorterminal.com/investors/1517-fund/index.min.md (~330 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/investors/1517-fund/index.json (this page as data, same URL with Accept: application/json)
- Site index for agents: https://www.anchorterminal.com/llms.txt (full text: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-28

Venture firm.

Website: https://www.1517fund.com

## Companies on Anchor Terminal

- **Lambda**, Series C, February 2024, Series D, February 2025
  - [Lambda Cloud](https://www.anchorterminal.com/tools/lambda.md), graded D, 50.1/100
  - Source: https://lambda.ai/blog/lambda-raises-320m-to-build-a-gpu-cloud-for-ai

## Where they invest

- GPU & serverless compute, 1

## Founders they backed

- [Stephen Balaban](https://www.anchorterminal.com/people/stephen-balaban/), Lambda
- [Michael Balaban](https://www.anchorterminal.com/people/michael-balaban/), Lambda

## Questions

### Which AI tools has 1517 Fund invested in?

Anchor Terminal lists Lambda backed by 1517 Fund.

### How are 1517 Fund's companies graded?

On Anchor Terminal's benchmark, Lambda Cloud (D, 50.1).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.

---

Query this catalogue directly over MCP: https://www.anchorterminal.com/mcp (Streamable HTTP, no key). How: https://www.anchorterminal.com/agents/#mcp