Fundraising Fox

Dragonfly

Venture capitalActively deploying

New York City · Pre-Seed–Growth · 21 people tracked

Also known as Dragonfly Capital Partners · DRAGONFLY DIGITAL MANAGEMENT, LLC · Dragonfly Ventures

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Investment thesis

Dragonfly positions itself as a leading crypto investment fund dedicated to backing top researchers and builders across the crypto ecosystem. The firm seeks to support founders working toward a world of crypto-enabled possibilities, aiming to push the entire ecosystem forward.

Invests inCrypto & Web3GlobalGrand CaymanNew York CitySan Francisco

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Growth
Check
$3M – $30M
HQ
New York City, CA, US
Leads rounds
Follows
Instruments
Equity
Founded
2018
AUM
$3.4B
Tracked investments
135

Team · 21 people

from the firm's website & public directories
Elton Chang· Junior Partner
Amal M· Portfolio Support
Casey Taylor· Platform Partner & Global Head of Founder Support
Heather Bailey· Head of Events
Hildebert Moulié· Head of Data Science
Joshua Lim· Liquid Portfolio Analyst
Tony Li· Portfolio Support Partner - Asia

What they invest in

from 17 of 135 portfolio companies

Crypto & Web3 ×14Fintech ×7Developer Tools ×5AI & Machine Learning ×4Cloud Computing ×4Data & Infrastructure ×3Enterprise Software ×3SaaS ×2

HQs:United States×5Switzerland×1Israel×1

Investments · 135 tracked

founders shown can be your intro path
Aptosaptoslabs.comin𝕏✓ verified

Aptos Labs develops a Layer 1 blockchain platform using the Move programming language and parallel execution technology, serving developers and users building decentralized applications.

Crypto & Web3Developer ToolsNew York City, US

Avery Ching(CEO and Co-Founder)inAlin Tomescu(Head of Cryptography)Sasha Spiegelman(Head of Research)Zekun Li(Head of Blockchain)

Bitdaobitdao.io𝕏✓ verified

BitDAO operates Mantle Network, an Ethereum Layer 2 blockchain using zero-knowledge proofs, along with a treasury and token-holder governed product roadmap.

Crypto & Web3Fintech

Blowfishblowfish.xyz𝕏✓ verified

Blowfish provides fraud detection and prevention APIs for Web3 wallets, identifying and blocking malicious transactions and decentralized applications across 10+ blockchain networks.

Crypto & Web3Cybersecurity

Mantlemantle.xyz𝕏✓ verified

Mantle operates an Ethereum layer-2 network using ZK proofs, along with a treasury and token-holder governed roadmap for on-chain products.

Crypto & Web3Data & InfrastructureFintech

Questbookquestbook.xyz𝕏✓ verified

Questbook offers a decentralized application that lets blockchain ecosystems and protocols run grant and builder programs on-chain, with open source code and data accessible to builders.

Crypto & Web3Developer Tools

Inversion LabsSEC filingmedium confidence

George Town

Santiago Roel Santos(Executive Officer, Director)Rob Hadick(Director)

Board seatRob Hadick· per SEC Form D · $26.5M raise · filed Sep 2025

Medallion ArtsSEC filingmedium confidence

New York, US

Adam Ray(Executive Officer)Matthew Jones(Executive Officer, Director)Stephen Vallimarescu(Executive Officer, Director)Derek Davies(Executive Officer, Director)

Board seatRob Hadick· per SEC Form D · $24.2M raise · filed Sep 2023

1inch Network
Aevo
Afriex
Agora
ALGOalgorand.comin𝕏

Algorand is a blockchain platform offering institutional-grade infrastructure for decentralized finance, agentic commerce, and real-world asset tokenization with quantum-resistant cryptography and instant transaction finality.

Crypto & Web3FintechQuantum Computing

Alliance DAO
Amber Group
Anchorage Digital
Ancient8
Andrena
Animoca Brands
ApeX Protocol
ARCx
Artemis
Artemisanalyticsartemisanalytics.comin𝕏

Artemis Analytics provides fundamental data and metrics for digital finance companies and crypto protocols, delivering analytics to spreadsheets and via SQL/Python through Snowflake Data Share or Hex.

Crypto & Web3Data & InfrastructureFintech

ATOMcosmos.networkin𝕏

Cosmos develops an open-source blockchain technology stack and enterprise solutions for businesses and governments to deploy and scale digital ledgers.

Crypto & Web3Enterprise SoftwareFintechNew York City, US

August
Aurora
Avail
Avalanche
Axelar Network
BENQI
BIT
Bitget
BloXroute Labs
Blur
Bybit
Caldera
Celo
Codex
Coin Metrics
Common
Commonware
Compound Labs
Conduit
Consensys
Context
Cozy Finance
Crusoe
CryptoSlam
DeBank
DerivaDEX
Dfinitydfinity.orgin𝕏

DFINITY builds the Internet Computer, a decentralized cloud network that enables applications to run directly on the blockchain with persistent state, native HTTP serving, and built-in security without requiring external databases or a dedicated operations team.

AI & Machine LearningCloud ComputingCrypto & Web3Developer Tools

Dominic Williams(Founder)

Domination Finance
DoubleZero
Dragonflydragonfly.net

Dragonfly is a local broadband provider in Southwest Alabama offering high-speed fiber internet, WiFi services, and phone lines to residential and business customers.

Cloud ComputingMonroeville, US

Drakula
Dune Analytics
dYdX
Eigenlayer
Ethena
Ethereum
Ethlas

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Dragonfly invest at?
Dragonfly invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
What is Dragonfly's typical check size?
Dragonfly typically writes checks of $3M – $30M.
What sectors does Dragonfly focus on?
Dragonfly focuses on Crypto & Web3.
Where is Dragonfly located?
Dragonfly is headquartered in New York City, US.
Does Dragonfly lead rounds?
Dragonfly typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

If You Want To Get Rich, Hold Bitcoin - Haseeb Qureshi, Dragonfly Managing Partner | E177

When Shift Happens · Haseeb Qureshi

Fireside Chat: Dragonfly's Haseeb Qureshi | Andy C - The Rollup and Haseeb Qureshi - Dragonfly

ETHDenver · Haseeb Qureshi

35 - Network State Conference 2025 - Haseeb Qureshi of Dragonfly explains how to distribute tokens

Network State Podcast · Haseeb Qureshi

Dragonfly: The Secrets of a Top-Tier Crypto VC - Haseeb Qureshi. Ep. 609

Epicenter Podcast · Haseeb Qureshi

Haseeb Qureshi - Managing Partner - Dragonfly

Dinis Guarda · Haseeb Qureshi

Haseeb Qureshi – Investing in Future at the $2.5B Firm, Dragonfly Capital – ep 12

Angels to Allocators · Haseeb Qureshi

Images

Dragonfly photo

Co-investors · 79

Hashed

Hashed is a venture firm backing founders building in AI, crypto, blockchain, and frontier technology, with a global presence across key technology hubs.

$1M – $37M
Pantera Capital

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.

$5M – $100M
Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

$500K – $50M
Paradigm

Paradigm is a frontier technology investment firm that builds and invests in early-stage companies across crypto, AI, robotics, and other emerging technology areas.

$1M – $100M
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.

Both backed · 2
$1.7M – $87M
Archetype

Archetype is an early-stage crypto venture firm backing founders building crypto-native companies and protocols, providing support across investing, engineering, protocol and mechanism design, policy, and community-building.

Both backed · 2
$100K – $10M
ParaFi Capital

ParaFi Capital is a multi-strategy investment firm operating across public and private markets, focused on financial technology and capital markets innovation, including digital assets.

Both backed · 2
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

Both backed · 1
$4.4M – $214M
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests in companies at the edge of large markets being transformed by technological and societal pressures.

Both backed · 1
$1M – $20M
Electric Capital

Electric Capital is an early-stage venture firm founded in 2018 that backs founders building trust-minimized technologies across AI, crypto, fintech, and related sectors.

Both backed · 1
$1M – $20M
Blockchain Capital

Blockchain Capital is a venture firm that has partnered with crypto builders since 2013, investing across the blockchain and digital asset ecosystem.

Both backed · 1
$25K – $200K
Haun Ventures

Haun Ventures backs founders building the future of finance, investing from seed to scale in teams applying decentralized technology to reshape the global economy.

Both backed · 1
$1M – $100M
67 more co-investors

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Firms observed investing alongside Dragonfly, from public investor directories. Shared companies are the overlap with Dragonfly's recorded portfolio.

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