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Figment Capital

also invests · investor profile

Founded 2021 · 3 employees on LinkedIn · 6 known investors

Find your way into Figment Capital

Figment Capital is a Web3 investment fund that backs teams building blockchain infrastructure, on-chain markets, and consumer crypto applications. It focuses on the future of decentralized finance and blockchain-based value creation and trading.

Also known as Figment Capital

Investors · 6

Company profile

researched Aug 2026

Figment Capital is a Web3 investment fund that finances teams building blockchain infrastructure, on-chain markets and consumer crypto applications. Its stated thesis is that finance will increasingly operate on-chain in an open, global and continuously available form, and it backs the "rails, markets and consumer applications" intended to make blockchains default infrastructure for how value is created, traded and owned.

The fund originated as the investment arm of Figment, a blockchain infrastructure and proof-of-stake staking services provider. Figment announced the launch of Figment Capital as part of its 2021 business highlights, describing it as dedicated to fueling the growth of new decentralized protocols and applications using the parent company's experience, connections and expertise in Web3. Contemporaneous reporting described the vehicle as a $17.5 million fund launched in April 2021 that invested in teams and networks focused on proof-of-stake consensus, interoperability and privacy, citing Osmosis, Obol and zkSync among its investments.

The firm maintains a public portfolio page of select investments, noting the list is not exhaustive and was stated as of September 30, 2023. Investment professionals associated with the firm include James Parillo (General Partner), Clayton Menzel (Partner), Dougie DeLuca, Nick M. and Rob Pellecchia.

Business model

Figment Capital deploys capital into early-stage Web3 protocols, infrastructure providers and applications, taking investment positions in teams and networks rather than selling a product.

Traction

Led the $3 million seed round for dApp infrastructure developer Semantic Layer in October 2024, with participation from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures. Earlier reported investments include Osmosis, Obol and zkSync.

Latest developments

In October 2024 the firm led a $3 million seed financing for Semantic Layer, which is building application-specific sequencing tools (Verifiable Aggregation Rules and Verifiable Sequencing Rules) for multichain transaction ordering and bundling.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a crypto-native venture investor that leads and participates in pre-seed and seed rounds; it led Semantic Layer's $3 million seed round alongside Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures.

Technology

Investment focus areas include proof-of-stake consensus, interoperability and privacy, as well as transaction execution and dApp infrastructure.

Go-to-market

Sources investments directly and through co-investment with other crypto and venture funds, leading or joining pre-seed and seed rounds; publishes a portfolio page and invites portfolio companies to be listed.

Founding teams building blockchain infrastructure, decentralized protocols, on-chain markets and consumer crypto applications.

Geography

Associated investor locations listed include New Jersey and New York, including New York City and Brooklyn.

History

Figment Capital was launched in April 2021 as the investment arm of Figment, a proof-of-stake blockchain infrastructure and staking provider, with a reported $17.5 million of capital. Figment's parent-company announcement of a $110 million Series C in December 2021 listed the launch of Figment Capital among the year's highlights. The fund's public portfolio page lists select investments as of September 30, 2023, and it led a seed round for Semantic Layer in October 2024.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Fund size at launchApr 2021$17.5M
HeadcountAug 20263
Portfolio investments listed by third-party trackerJan 202661 investments

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Oct 2024
Led $3 million seed round for Semantic Layer

Figment Capital led a $3 million seed financing for dApp transaction-execution infrastructure developer Semantic Layer, with participation from Hack VC, Robot Ventures, Bankless Ventures, Fenbushi Capital, Anagram and Perridon Ventures.

$3M source ↗

Apr 2021
Figment launches $17.5 million investment fund, Figment Capital

Figment launched Figment Capital, a $17.5 million investment fund and the investment arm of the blockchain infrastructure company, focused on teams and networks working on proof-of-stake consensus, interoperability and privacy; reported investments include Osmosis, Obol and zkSync.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Figment Capital do?
Web3 investment fund backing blockchain infrastructure, on-chain markets and consumer crypto applications.
Who are Figment Capital's investors?
Figment Capital's investors include Mirana Ventures, Bankless Ventures, Fenbushi Capital, Hack VC, Perridon Ventures, Robot Ventures.