John Paul Milciunas is a 3x founder and 4x CEO turned VC at Baselayer Ventures who led SPI Dynamics, a web security startup acquired by Hewlett-Packard for $90M, giving him an operator-CEO perspective on product development and exits rather than a purely financial background. He continues building companies as Founder of Confidential Health Services and Co-Founder/Advisor at Duelit while investing, positioning him as a peer to founders who is actively navigating company-building alongside backing it.
What they've been talking about across their social media accounts

- Strong affinity for Georgia Tech and its athletics program, frequently cheering on the Yellow Jackets and engaging with alumni updates, such as congratulating Coach Brent Key on new appointments.
- Value placed on tenacity and the grind of building a company, highlighted by his belief that a founder must be willing to sprint without knowing the distance of the race to avoid guaranteed failure.
- Firm stance on accelerating innovation over slowing down, explicitly stating he bets on the technologist over the Luddite every time and suggesting the industry should double down on AI research and development.
- Analytical approach to ecosystem events and market mechanics, such as dissecting the Silicon Valley Bank collapse as a failure of internal risk management practices rather than external VC behavior.
About their Fund
Sectors
Web3 / Crypto, Gaming / VR, AI, Health, Climate
Rounds
Seed - Series A
Avg Check Size
$500K
Notable Investments
Baselayer Ventures is led by a repeat founder who was a 3x founder and 4x CEO before becoming a GP, bringing an operator-CEO viewpoint to evaluating and supporting founders rather than a traditional finance background. The fund focuses on "baselayer" technology infrastructure like cloud, data, analytics, and AI systems that other applications depend on, and has built a reputation as an early institutional backer of specialist, high-skill teams in niches like quantitative digital asset strategies where founder-market fit and domain depth matter more than broad consumer brand.
Other partners at the fund
No items found.
Notable Fund
Investments
No items found.
Sheets they're in
No items found.
Sheets they're Fund is in
No items found.
Is this information out of date? Let us know
Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
Or automatically find your investor matches
Upload your pitch deck to get your best investor matches in minutes.
Reveal the very best VCs to pitch for your startup
Get matching investors' email addresses
No ads. No catch. Free from VC Sheet.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Success. Check your email in 5 minutes.















.jpeg)







.jpeg)











































































.png)
























































































































.jpeg)









.jpeg)
















































































.jpeg)



