Uncommon Projects Research
Investment Thesis
Uncommon Projects describes itself as a group of friends who met while working on product at Snapchat. The firm says it looks for companies with an uncommon perspective on how people communicate and grow together, and that it gives money to the ones it likes. The website is deliberately minimal: a homepage, an information page and a portfolio page. There is no published thesis essay, check size, fund size or stage statement, so the details below come from the portfolio list and third-party data aggregators and carry lower confidence.
Stage Focus
Third-party trackers (Caplight, PitchBook, StartupDB) list Uncommon Projects deals mostly at pre-seed and seed, with an occasional Series A. Examples listed by Caplight include Series Entertainment (pre-seed, April 2025), Flashpass (seed, April 2026), Series (pre-seed, May 2026) and Retro (Series A, August 2026). The firm's own site does not state a stage focus, so these are inferred from the investment record.
Check Size
Not published. Aggregators show small total capital: Fundz lists 3 tracked deals and $30.1M of total capital deployed across those rounds (the rounds, not necessarily the firm's own checks), and a Form D style listing shows a small fund vehicle (Uncommon Projects Capital, LP) with first sale reported in October 2023. The firm appears to write small angel-style to early seed checks. Check size is left unset.
Lead Tendency
Unknown. The firm presents itself as a friendly, high-volume backer of early companies rather than a lead investor. Nothing on the site or in the data sources confirms a lead pattern.
Recent Activity
The portfolio page lists three 2026 investments (Grid, Eigen, Sigil, plus Ohio Technology Learning Company) and a large 2025 cohort of about 20 companies, which suggests the firm is actively deploying. Aggregator-reported deals in 2026 include Flashpass (April), Series (May) and Retro (August).
Portfolio Highlights
The portfolio page lists about 60 companies, labelled by the year of investment from 2019 to 2026. Names that stand out include Granola (AI meeting notes), Felt (collaborative maps), BeReal, Locket, Farcaster, friend.tech, PhotoRoom, Speechify, Captions, Rainbow (crypto wallet), Eraser, Campsite, Amie, Sitch and Amo. The mix runs heavily toward consumer social and communication products, creative and productivity tools, and a smaller crypto cluster.
Team
- Patrick Mandia: Co-founder and President at District
- Eddie Koai: Co-founder and CEO at District
- Ceci Mourkogiannis: VP Product at Snap
- Chad Depue: Co-founder and CEO at Sitch
- Antoine Martin: Co-founder and CEO at Amo
The team is a set of operators and founders, mostly Snapchat product alumni, who invest alongside their day jobs. The site lists no titles at Uncommon Projects itself.
Decision Process
Not published. The informal friends-group framing points to a small partnership making quick decisions, but this is an inference.
Founder Preferences
Founders with a distinctive view on communication, community and creative tooling, often product-minded builders from consumer social backgrounds. Many portfolio founders are repeat or operator founders, though the site does not say this explicitly.
Geographic Focus
Not stated. PitchBook places the fund vehicle in California and another listing in Seattle, and the Snap connection suggests a Los Angeles and San Francisco centre of gravity. Left unset.
Gaps
No headquarters, AUM, fund size, check size or decision-process data was found from a primary source. The portfolio page is plain text with no links, so company domains were not captured.