Fundraising Fox
San Francisco · Seed–Series C · 16 people tracked
Find your way into Bain Capital Crypto
Sign up to see every warm intro you have to Bain Capital Crypto
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Bain Capital Crypto team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
The firm invests in crypto infrastructure projects and protocols, including platforms providing secure and scalable infrastructure for embedded wallets and onchain transaction automation, as well as cryptographic research and development.
Source: firm website, verified Aug 3, 2026.
Team · 16 people
from the firm's website & public directories
Founder mafia
2 people who came through Bain Capital Crypto went on to found or lead other companies.
What they invest in
from 24 of 33 portfolio companiesCrypto & Web3 ×16Fintech ×10AI & Machine Learning ×6Enterprise Software ×4Media & Entertainment ×4Cybersecurity ×3Data & Infrastructure ×3Deep Tech ×3
HQs:United States×12Bermuda×1Canada×1
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×22 founders×33 founders×34+ founders×2
Where their founders studiedfrom 12 founders with education data
Stanford University ×3
What their founders studiedfrom 12 founders with field-of-study data
Computer Science ×4Economics ×3Engineering ×3Mathematics & Statistics ×2
Where their founders worked beforefrom 14 founders with career history
Google ×3Coinbase ×2Genesis ×2Intel Movidius ×2Morgan Stanley ×2
Investments · 33 tracked
founders shown can be your intro pathBy year:2026 · 82025 · 32024 · 42023 · 42022 · 322 dated
Superstate builds tokenization infrastructure that puts securities such as private funds, mutual funds, ETFs, and company shares onchain, connecting them with crypto capital markets for 24/7 trading and DeFi use.
Crypto & Web3FintechNew York, US
Robert Leshner(Founder)inJim Hiltner(Co-founder & Head of Business Development)inDean Swennumson(Co-founder & Head of Operations)inJon Walch(Head of Engineering)inEmily Coleman(Head of Marketing & Communications)inAlex Zozos(General Counsel)in
Co-investors1kxArrington CapitalCoinFundHack VCHaun VenturesParaFi Capital+20 more
World provides a system for verifying that online users are real, unique humans, combining privacy-preserving proof-of-human identity with financial infrastructure and a digital token.
AI & Machine LearningCrypto & Web3FintechSector AgnosticSan Francisco, US
Sam Altman(Founder)Alex Blania(Founder)inMax Novendstern(Founder)inand Alex Bania(Founder)Alex Bania(Founder)
Co-investorsAndreessen HorowitzBlockchain CapitalKhosla Ventures1confirmationa16z cryptoAlphaLab Capital+22 more
AnchorZero helps founders and investors hold pre-launch tokens or founder shares in self-directed Roth IRAs to shield capital appreciation from taxes, with digital assets custodied by Anchorage Digital Bank.
Crypto & Web3Fintech
Co-investorsMetalayerEthereal Ventures Management Ltd.MischiefPascal CapitalRobot VenturesSpark Capital
Bankless is a global community providing educational content and resources to help users navigate and understand cryptocurrency and blockchain technology.
Crypto & Web3Media & Entertainment
Co-investorsBankless VenturesCoinbase VenturesAndreessen HorowitzBrevan Howard DigitalCapitalGCoatue Management+6 more
Bluesky is a social media platform built as a Public Benefit Corporation.
Developer ToolsMedia & EntertainmentSector AgnosticSocial
Jay Graber(Founder)Rose Wang(Founder)
BoardJack Dorsey(Founder)
Co-investorsAlumni VenturesBlockchain CapitalBloomberg BetaEterna CapitalEx/AntePlus Ultra Capital Partners+8 more
Bluesky is a social networking application built on the AT Protocol (atproto).
ConsumerSocial
Jack Dorsey(Founder)Jay Graber(Founder)
Co-investorsAlumni VenturesAvalanche VCBasecamp FundDarkmode VenturesAnthos CapitalBain Capital Ventures+5 more
Early-stage fund built around a collective of Nordic and Baltic founders.
Co-investorsAspire11Elmehøj VenturesWave VenturesAntlerFarvatn VentureSkyfall Ventures
Celestia designs and delivers custom, high-throughput blockchain chains for enterprises, separating compute and storage so each scales independently.
Crypto & Web3Data & InfrastructureEnterprise Software
Mustafa Al-Bassam(Founder)inNick White(Co-founder & CEO, Celestia Labs)inPreston Evans(CTO, Celestia Labs)Sarah Armstrong(CFO)inZach Leibowitz(General Counsel)inIsmail Khoffi(Founder)
Co-investorsAdvanced BlockchainAlphaLab CapitalBlockchain CapitalCaladanCoinbase VenturesDigital Currency Group+23 more
Kevin Zhang(Founder)inYijia Chen(Founder)
Co-investorsAvestria VenturesCalm/Storm VCDunbar CapitalExceptional VenturesSevenX Ventures
Ghost is a publishing platform that enables independent creators and professional publishers to build websites, publish content, send newsletters, and manage paid memberships.
Creator EconomyMedia & EntertainmentSaaS
Co-investorsSpeedinvestCathay Innovation
Ground News is a media analytics platform that identifies and visualizes stories with political bias disparities across news outlets, helping users see coverage patterns and stories they may have missed due to media polarization.
Media & EntertainmentSector AgnosticKitchener, CA
Harleen Kaur(Co-founder)inSukh Singh(Co-founder)inHarleen K.(Founder)in
Co-investorsTechstarsChapter OneConsonant VenturesNascentRobot Ventures
Irreducible builds infrastructure for cryptographic computing, focusing on zero-knowledge proofs and trust mechanisms online.
Crypto & Web3CybersecurityDeep TechHardwareSan Francisco, US
Dr. Radi Cojbasic(Founder)Jim Posen(Founder)inRadisav Cojbasic(Founder)
Co-investorsParadigmBrendan FarmerFenbushi CapitalRobot VenturesSina Habibian
Jadu is building a consumer platform for spatial imagery — a new medium of volumetric captures that carry sound and can be explored in three dimensions rather than viewed as flat photos or videos.
AI & Machine LearningConsumerCreator EconomyLos Angeles, US
Asad J. Malik(Founder)in
Co-investorsAlumni VenturesCoinbase VenturesCrit VenturesGeneral CatalystLG Technology VenturesPosition Ventures+8 more
.png)
M0 provides a modular platform for designing and issuing stablecoins, allowing users to independently configure token behavior, issuers, and other stablecoin stack components.
Crypto & Web3Fintech
Gregory Di Prisco(Founder)inGreg Di Prisco(Founder)Joao Reginatto(Founder)Luca Prosperi(Founder)Oliver Schimek(Founder)
Co-investorsAlphaLab CapitalCaladanEarlybird Venture CapitalGalaxy VenturesGSRHack VC+14 more
M0 is a modular stablecoin infrastructure platform that lets developers launch application-specific, interoperable digital dollars.
Luca Prosperi(Founder & CEO)inGreg Di Prisco(Founder)in
Co-investorsA-Rod CorpArrington CapitalBitcoin MagazineCitizenX Crypto VenturesCoinbase VenturesCompound+20 more
Meanwhile is a licensed Bitcoin-denominated life insurance company whose policies collect premiums and pay death benefits in BTC, with premiums that grow at a guaranteed rate in Bitcoin terms and the option to take Bitcoin loans against policy value.
Crypto & Web3FintechInsurTechHamilton, BM
Tia Beckmann(Chief Financial Officer)inMax Gasner(Founder)Zac Townsend(Founder)in
Co-investorsFramework VenturesFulgur VenturesGradient VenturesSam Altman6th Man VenturesHaun Ventures+5 more
Nocturne is a protocol that enables onchain privacy for blockchain users.
Crypto & Web3San Diego, US
Luke Tchang(Executive Officer, Director)Sebastien La Duca(Executive Officer, Director)
Co-investorsHack VCKira StudioPolychain Capital
Notebook Labs provides zero-knowledge identity verification for Web3, allowing users to prove personhood and aggregate credentials across wallets while maintaining anonymity.
Crypto & Web3Enterprise SoftwareSan Francisco, US
Nathaniel Masfen-Yan(Founder)inSolal Afota(Founder)inDhruv Mangtani(Founder)in
Co-investorsY CombinatorAbstract VenturesNFXPioneerSoma CapitalVery Serious Ventures
Nucleo automates CT scan analysis for oncology care, providing AI-powered tools for tumor lesion sizing, body composition assessment, and lesion classification to support clinical workflows in hospitals.
AI & Machine LearningHealthtechMedical DevicesSan Francisco, US
Angelica Iacovelli(CEO)inLuca Pegolotti(CTO)inAngelica Iacovelli Luca Pegolotti(Founder)
Co-investorsY Combinator6th Man VenturesLombardstreet Ventures
Orb Labs builds an orchestration layer for onchain finance, offering infrastructure to make transactions gasless and bridgeless, restore stablecoin fungibility, and connect onchain accounts with offchain systems.
Crypto & Web3Data & InfrastructureFintechNew York City, US
Felix Madutsa(Founder)in
Co-investorsSyntax CapitalAves LairShima Capital
Pantera is an AI software company that builds autonomous digital workers to automate business processes.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsBVCAnimoca BrandsCoinbase VenturesFalconX VenturesFounders FundKaratage+5 more
Puzzle is a crypto wallet for the Aleo blockchain, available on iOS, Android, and Chrome, that includes a native Arcade offering earning opportunities to users.
Crypto & Web3Fintech
Co-investorsFelicis VenturesGeneral CatalystKapor CapitalS32Sterling Road
RISC Zero provides verifiable computation technology that lets anyone cryptographically confirm a computation's output is correct without recomputing it, while preserving privacy.
Crypto & Web3CybersecurityDeep TechSeattle, US
Frank Laub(Founder)inBrian Retford(Founder)inJeremy Bruestle(Founder)in
Co-investorsBlockchain CapitalCota CapitalD1 VenturesDeep FutureFenbushi CapitalFigment+5 more
Haichen Shen(Founder)Sandy Peng(Founder)Ye Zhang(Founder)
Co-investorsA.Capital VenturesBixin CapitalBixin VenturesCatcherVCIOSG VenturesOKX Ventures+9 more
Cosmos provides enterprise-grade blockchain infrastructure and products designed for financial institutions and governments to build, launch, and scale tokenization, payments, and digital currency systems with interoperability and regulatory compliance.
Crypto & Web3Enterprise SoftwareFintechNew York, US
Maghnus Mareneck(Executive Officer, Director)Edward Barry Plunkett(Executive Officer, Director)
Co-investorsBain Capital VenturesFactionFigmentPicks and Shovels (Picks & Shovels)Reciprocal VenturesCanonical Crypto
Tools for Humanity develops technology intended for people in the AI era, employing scientists, engineers, economists and creatives.
AI & Machine LearningDeep TechSan Francisco, US
Max Novendstern(Co-founder)inSam Altman(Chairman)inAlex Blania(CEO)inThomas Scott(Chief Legal Officer and Secretary)in
Co-investorsBlockchain Capitala16z cryptoDistributed Global
Turnkey provides crypto wallet infrastructure for coordinating payments across internal, custodial wallets, with policy controls over fund flows, limits, roles, and approvals.
AI & Machine LearningCrypto & Web3CybersecurityData & InfrastructureDeveloper ToolsFintech
Bryce Ferguson(Founder)inJack Kearney(Founder)Sam McIngvale(Founder)
Co-investors20VCArchetypeAsymmetricFactionFigmentGalaxy Ventures+8 more
Variational operates an on-chain derivatives trading protocol that lets users trade over 500 crypto, stock, commodity and index markets from a single account with up to 50x leverage and no fees.
Crypto & Web3FintechSaaS
Edward Yu(Founder)inLucas Schuermannin
Co-investorsAlphaLab CapitalCaladanDragonflyMetastableMirana VenturesNIV+2 more
World Positive is a venture capital publication/platform associated with Obvious Ventures, sharing investment theses, portfolio company features, and essays organized around economic, human, and planetary health.
Co-investorsDesigner FundPantera CapitalSelini Capital
.jpeg){kind=logo}
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Community LabsDualityPrimitive
Exits · 1
1 acquisitionsSkip Protocolacq. by Interchain Foundation (Cosmos)
Portfolio news
latest coverage across their companiesBankless · bankless.com · Jul 8, 2026
Bluesky · techcrunch.com · Mar 19, 2026
Superstate · finsmes.com · Jan 26, 2026
Nucleo · ycombinator.com · Nov 4, 2025
M^0 · finsmes.com · Aug 28, 2025
Worldcoin · finance.yahoo.com · May 29, 2025
Meanwhile Bitcoin backed insurance Money · finsmes.com · Apr 14, 2025
Frequently asked questions
- How many investments has Bain Capital Crypto made?
- Bain Capital Crypto has 33 tracked investments, 1 of which have exited, including 11 dated in the last 24 months.
- What stage does Bain Capital Crypto invest at?
- Bain Capital Crypto invests at the Seed, Series A, Series B, Series C stages.
- What sectors does Bain Capital Crypto focus on?
- Bain Capital Crypto focuses on Crypto & Web3.
- Where is Bain Capital Crypto located?
- Bain Capital Crypto is headquartered in San Francisco, US.
- Does Bain Capital Crypto lead rounds?
- Bain Capital Crypto has led 15 of the 24 rounds where its role is on record.
- Who does Bain Capital Crypto co-invest with?
- Bain Capital Crypto most often shares deals with Blockchain Capital, Figment, Coinbase Ventures, among 102 tracked co-investors.
- What size deals does Bain Capital Crypto back?
- Across 6 deals with disclosed amounts, Bain Capital Crypto has joined rounds of $4.5M – $50M (median $9.5M).
From the blog
visit blog ↗Images
Co-investors · 27
Pantera Capital is a blockchain and cryptocurrency-focused investment firm that pioneered early crypto funds in the U.S., offering exposure through venture equity, early-stage tokens, and liquid tokens.
Polychain is an investment firm that actively manages portfolios of blockchain-based digital assets, aiming to deliver strong returns for its investors.
BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.
Hack VC is a venture capital firm investing in early-stage crypto, blockchain infrastructure, decentralized finance, and AI companies.
Sequoia Capital is a venture capital firm that partners with founders to build technology companies.
Placeholder is a venture capital firm that has invested in over 75 early-stage crypto companies and decentralized networks since 2017.
Felicis is a venture capital firm that backs early-stage founders, investing primarily at Seed and Series A across artificial intelligence, cybersecurity and defense, global resilience and energy, and health and bio.
Archetype is an early-stage venture fund backing crypto founders building new markets and protocols.
Stillmark is a venture capital firm that invests in companies building products and infrastructure for a bitcoin-powered future.
Since 1999, Redpoint Ventures has partnered with visionary founders to create new markets and redefine existing ones. The firm invests early in startups building category-defining companies, from AI and infrastructure to security. Redpoint has backed hundreds of companies, including Netflix, Snowflake, Stripe, Ramp, Twilio, Ramp, and Hims, and today backs the next generation of AI leaders like OpenAI, Legora, Modal, Abridge and Physical Intelligence. Redpoint is based in San Francisco and has offices in New York City and Woodside. For more information visit: http://www.redpoint.com/
SV Angel is a San Francisco-based firm that invests long-term in founders, supporting them with advice, introductions, and network access at key business inflection points.
▶15 more co-investors
Balderton CapitalOak HC/FTLookout VenturesAcrew CapitalVenrockUncorrelated VenturesTribe CapitalScribble VenturesDecibel Partners645 VenturesDivergenceG2 Venture PartnersGreatPoint VenturesInfinite CapitalHarpoon Ventures
Firms observed investing alongside Bain Capital Crypto, from public investor directories. Shared companies are the overlap with Bain Capital Crypto's recorded portfolio.
Similar investors
AirTree Ventures runs Pathfinders, a free four-week in-person program in Sydney for young builders (high-school graduates up to age 23) to work on a real product, access the AirTree team and founders, and build a peer network.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
.jpeg){kind=logo}
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.