New York City · Pre-Seed–Growth · 22 people tracked
Also known as Dragonfly Capital Partners · DRAGONFLY DIGITAL MANAGEMENT, LLC · Dragonfly Ventures
Find your way into Dragonfly
4,373 people in our graph share verified history with the Dragonfly team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Dragonfly is a crypto-native investment firm operating across venture and liquid strategies. It brings together Dragonfly Ventures, Dragonfly Liquid, and Metastable — one of the oldest crypto hedge funds, co-founded in 2014 and an early backer of Ethereum, Avalanche, Cosmos, Starkware, NEAR, Zcash, Filecoin, Dfinity, and Algorand. The firm publishes extensive research on crypto markets, including stablecoin payments, airdrops, token-based compensation, and agentic commerce. Its focus spans blockchains, tokens, and crypto-related startups, supporting founders and portfolio companies with data-driven insights on topics such as compensation and token design.
Source: firm website, verified Sep 15, 2026.
Team · 22 people
from the firm's website & public directories
What they invest in
from 92 of 182 portfolio companiesCrypto & Web3 ×71Fintech ×49Data & Infrastructure ×23Developer Tools ×19AI & Machine Learning ×17SaaS ×13Enterprise Software ×10Cloud Computing ×6
HQs:United States×31Switzerland×2United Arab Emirates×1Germany×1France×1Hong Kong×1
Who they back
founder profiles across 38 portfolio companiesFounding team size:solo founder×242 founders×103 founders×24+ founders×2
Where their founders studiedfrom 28 founders with education data
Massachusetts Institute of Technology ×3Cornell ×2Northwestern University ×2Princeton University ×2The Hebrew University of Jerusalem ×2
What their founders studiedfrom 29 founders with field-of-study data
Computer Science ×20Engineering ×5Mathematics & Statistics ×4Economics ×3Finance & Accounting ×2
Where their founders worked beforefrom 33 founders with career history
ConsenSys ×3Docker ×2Facebook ×2Getco LLC ×2Technion ×2Uber ×2
Accelerator rootsportfolio companies that came through a program
8 founders hold a PhD · 4 hold an MBA (of 30 with degree data)
Investments · 182 tracked
founders shown can be your intro pathBy year:2026 · 152025 · 52024 · 82023 · 42022 · 172021 · 52020 · 22017 · 12015 · 158 dated
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)inMo Shaikh(Founder)inAlin Tomescu(Head of Cryptography)inSasha Spiegelman(Head of Research)Zekun Li(Head of Blockchain)in
Co-investorsa16z cryptoAndreessen HorowitzArrington CapitalBixin CapitalBixin VenturesCoinbase Ventures+6 more
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
Co-investorsDeepTech VenturesPantera Capital
Polymarket operates a decentralized prediction market platform where users can bet on the outcomes of real-world events such as sports and elections.
Crypto & Web3Data & InfrastructureDeep TechFintechMarketplacesMedia & EntertainmentSpace TechTaipei, TW
Yu-Ting (Mike) Lin(Founder)inJoey Luo(Founder)inShayne Coplan(CEO)Charlie Horowitz(CEO)Tyler Presser(CTO)
Co-investorsAndreessen HorowitzD.E. ShawG SquaredGeneral CatalystSV AngelValor Equity Partners+1 more
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Blowfish provides fraud detection and prevention APIs for Web3 wallets, identifying and blocking malicious transactions and decentralized applications across 10+ blockchain networks.
Crypto & Web3Cybersecurity
Co-investorsParadigm0x LabsCaffeinated CapitalUniswap Labs Ventures
Codex provides institutional fiat-to-stablecoin and stablecoin-to-fiat conversion with wholesale rates and same-day settlement across multiple currencies and blockchain networks.
Crypto & Web3Fintech
Co-investorsCoinbase VenturesCircle VenturesWintermuteCircle & Co.
Codex provides institutional fiat-to-stablecoin and stablecoin-to-fiat conversion, letting businesses swap currencies like USD, EUR, and GBP into USDC and USDT through a single counterparty with wholesale FX rates and local settlement.
Crypto & Web3Fintech
Co-investorsCircle VenturesCoinbase VenturesWintermuteMirana VenturesReverieCircle & Co.
Infinity Pools is a decentralized finance protocol for trading with leverage, offering positions with no counterparty risk for liquidity providers and no liquidations as long as interest is paid.
Crypto & Web3Fintech
Co-investorsStandard CryptoWintermuteFolius VenturesGSR VenturesKRONOSMulticoin Capital+3 more
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
Co-investorsMirana VenturesBitDAORR2 Capital
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
Sriharsha Karamchati(Founder)in
Co-investorsCoinbase VenturesHashedLemniscapMirana VenturesFlori VenturesAlameda Research+1 more
Thesis is a Bitcoin venture studio that funds and builds decentralized products and protocols focused on personal empowerment.
ConsumerCrypto & Web3Enterprise SoftwareFintech
Matt Luongo(Founder and CEO)inAntonio Salazar Cardozo(CTO)in
Co-investorsAndreessen HorowitzBOOST&CoFenbushi CapitalCollab+CurrencyDraper AssociatesDraper Dragon+2 more
XProtocol is a consumer-focused blockchain Superchain offering high-throughput, near-zero gas transactions with interoperability for decentralized apps (dApps).
Crypto & Web3Data & InfrastructureHardware
Co-investorsSaison CapitalCaballeros CapitalCogitent VenturesCoinFundMSA CapitalRazer
1inch is a decentralized finance (DeFi) platform for crypto users, offering token swaps through a DEX aggregator with intent-based and cross-chain functionality, MEV protection, and wallet security features.
Crypto & Web3Fintech
Sergej Kunz(Founder)in
Co-investorsBig Candle CapitalBlockchain CapitalBR CapitalFabric VenturesFenbushi CapitalFourth Revolution Capital (4RC)+12 more
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Aevo is a decentralized options and perpetual futures exchange that combines off-chain matching with on-chain settlement on a custom Ethereum Layer 2, offering traders options, perpetual futures, and structured products within a single margin account.
Crypto & Web3Fintech
Co-investorsAlliance DAO (ex DeFi Alliance)Coinbase VenturesNascent
Afriex provides a remittance service enabling immigrants to transfer money to over 25 countries at low costs with rapid settlement.
FintechSan Francisco, US
Tope Alabi(Founder)inJohn Obirije(Founder)in
Co-investorsAdaverseBrightstone Venture CapitalFoundersMetastableOpen Opportunity FundPrecursor Ventures+4 more
Agora builds a governance platform for crypto protocols, enabling onchain community coordination around protocol upgrades and ecosystem funding.
Crypto & Web3GovTech
Yitong Zhang(Founder)Jarrah Kandeh(Founder)inNick van Eck(CEO)in
Co-investorsAlephAlphaLab CapitalCaladanHack VCHaun VenturesInsight Partners+6 more
The Algorand Foundation supports and grows the Algorand blockchain ecosystem by improving the developer experience, contributing to core protocol infrastructure and standards, and enabling decentralized governance.
Crypto & Web3Deep TechDeveloper ToolsFintechQuantum Computing
Silvio Micali(Founder)in
Co-investorsAlumni VenturesAndromeda CapitalArrington CapitalBasecamp FundBig Candle CapitalBixin Capital+23 more
A DeFi protocol creating a marketplace for blockspace.
Co-investorsCastle Island VenturesCoinbase Ventures1kxCircle VenturesRobot VenturesTribe Capital
Amber Group is a digital assets investment and portfolio management firm that serves institutional and individual investors with trading, liquidity provision, and infrastructure solutions for crypto and Web3 projects.
Crypto & Web3FintechSingapore, SG
Wayne Huo(Founder)Michael Wu(Co-Founder and CEO)
Co-investorsBase PartnersCoinbase VenturesDCM VenturesDigital Finance GroupFenbushi CapitalGobi Partners+5 more
Anchorage Digital is a global cryptocurrency platform providing institutions with custody, staking, trading, governance, and settlement services, along with security infrastructure.
Crypto & Web3Enterprise SoftwareFintechNew York, US
Diogo Mónica(Co-Founder and President)inNathan McCauley(CEO and Co-Founder)in
Co-investorsAndreessen HorowitzGICa16z cryptoAmplify PartnersBlockchain CapitalDelta Blockchain+14 more
Animoca Brands invests in blockchain and digital asset projects across gaming, infrastructure, culture, and real-world asset categories, with a portfolio of 600+ companies and a focus on Web3 ecosystem development.
B2B MarketplacesCrypto & Web3GamingSector Agnostic
Yat Siu(Founder & CEO)Robby Yungin
Co-investors2080 Ventures500 GlobalA'Z AngelsAdit Ventures Management, LlcAlpha Wave GlobalAppWorks Ventures+37 more
ApeX Omni is a decentralized derivatives and spot trading platform built on a multichain, intent-centric architecture, offering perpetuals with up to 100x leverage, spot swaps, vaults, staking, and AI-driven trading insights.
Crypto & Web3Fintech
Co-investorsMetastableTiger Global Management
Artemis is building an AI-driven investing platform that brings together proprietary data, market signals, and LLM-powered tools so retail and institutional investors can research and decide what to invest in across equities, crypto tokens, and private markets.
AI & Machine LearningCrypto & Web3Data & InfrastructureFintech
Anthony(Co-founder)
Co-investorsCoinFundMetastableMirana VenturesWIND Ventures
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
Hunter Rosenblume(Chief Executive Officer, President, Treasurer and Secretary)Saie Rohith Varanasi(Chief Technology Officer)
Co-investors1confirmationBig Candle CapitalBollinger Investment GroupContinue CapitalDeepTech VenturesDigital Finance Group+10 more
Avail is a blockchain infrastructure project focused on scalability solutions for blockchain ecosystems.
Crypto & Web3Data & Infrastructure
Anurag Arjun(Co-Founder)in
Co-investorsBorderless VentureFigmentImpossible FinanceLongHash VenturesPragma VenturesRaptor Group+7 more
A messaging platform feature for property managers and rental companies that links conversations to tenant lifecycle stages and provides filtering and alert capabilities.
B2B MarketplacesFintechPropTechSaaS
Co-investorsMetaPropAltos VenturesCyber CapitalFigmentFounders FundLocalGlobe+1 more
AVAIL provides a content management system that enables design and technical teams to efficiently organize, find, and reuse technical content across applications.
Construction TechDeveloper ToolsEnterprise SoftwareSaaSLexington, US
Randall Stevens(CEO and Founder)in
Co-investorsBluegrass Angel VentureForward Venture CapitalAltos VenturesCyber CapitalFigmentFounders Fund+2 more
Axelar is a blockchain interoperability network that connects institutions to onchain ecosystems through a single integration, letting them deploy stablecoins, real-world assets, and funds across 80+ blockchains.
Crypto & Web3Data & InfrastructureFintechWaterloo
Sergey Gorbunov(Executive Officer, Director)inGeorgios Vlachos(Director)in
Co-investorsAndromeda CapitalBitDAOCoinbase VenturesCollab+CurrencyDCVC (Data Collective)Divergence+12 more
BENQI is a decentralized finance protocol on the Avalanche blockchain offering liquid staking of AVAX (via sAVAX), lending and borrowing of crypto assets, and tools for bootstrapping validators.
Crypto & Web3Fintech
JD Gagnon(Founder)
Co-investorsArrington CapitalAscensive AssetsBorderless VentureGenblock CapitalKane & Rao GroupMC Ventures (Muhabbit Capital)+5 more
bloXroute provides a blockchain distribution network offering real-time data streams, transaction propagation, and validator solutions to enable faster trading and MEV optimization across multiple blockchains.
Crypto & Web3Data & InfrastructureEvanston, US
Uri Klarman(Executive Officer, Director)inAleksandar Kuzmanovic(Executive Officer, Director)in
BoardJeffrey Bussgang(Director)in
Co-investors1confirmationBixin CapitalBixin VenturesBlindspot Ventures Management CoCoinbase VenturesFenbushi Capital+10 more
Blur is an NFT marketplace enabling faster trading with zero marketplace fees and native cryptocurrency rewards through a community-driven token system.
Crypto & Web3Marketplaces
Co-investorsCollab+CurrencyHivemind Capital PartnersMetastableNarcissus VenturesParadigmStandard Crypto
Bluwhale creates a decentralized network of AI agents that help users manage and optimize their finances across multiple financial institutions and digital wallets.
AI & Machine LearningCrypto & Web3Fintech
Co-investorsBrincCastrum CapitalJoyance PartnersRR2 CapitalSBI Ven CapitalSeaX Ventures
Ben Zhou(Founder)in
Co-investorsFenbushi CapitalHack VCMetastableMoonhill CapitalStreamlined Ventures
Caldera provides a rollup engine that lets apps and communities launch customizable, purpose-built blockchains that settle on Ethereum, along with Metalayer for cross-chain connectivity and shared liquidity.
Crypto & Web3Data & InfrastructureDeveloper Tools
Co-investors1k(x)1kxAlliance DAO (ex DeFi Alliance)Lattice CapitalMetastableMH Ventures+3 more
Building the next evolution in DeFi derivatives focused on exotic options.
Co-investorsHack VCPantera CapitalAlameda ResearchCoinbase VenturesRobot Ventures
Cega was a DeFi protocol offering exotic options and structured investment products; it was acquired and sunset at end-2024.
Co-investorsCoinbase VenturesPantera CapitalAlameda ResearchRobot Ventures
Coin Metrics provides market and on-chain data, reference rates, and indexes for crypto and digital assets, delivered to institutional investment teams via APIs.
Crypto & Web3Data & InfrastructureFintechBoston, US
BoardMathew S. McDermott(Director)Sean Judge(Director)inMatt Scott Walsh(Director)inNic Carter(Executive Officer, Director)inBob Davis(Director)in
Co-investorsAcrew CapitalCoinbase VenturesCollab+CurrencyCommunitas Capital PartnersDigital Currency GroupF-Prime Capital+3 more
Conduit builds non-invasive brain-to-computer interface technology, including a thought-to-text system where a headset completes a user's sentences from their thoughts.
AI & Machine LearningDeep TechHardwareSan Francisco, US
Clem von Stengel(Founder)inRio Popper(Founder)in
Co-investorsTranspose Platform ManagementWonder VenturesBankless VenturesCoinbase VenturesCredibly NeutralDrive Capital+7 more
Conduit provides payment infrastructure for fast, cross-border global transactions.
Developer ToolsFintechSaaS
Kirill Gertman(Founder)in
Co-investorsCommerce VenturesDiagramHelios Digital VenturesAltos VenturesBankless VenturesCoinbase Ventures+8 more
Consensys builds a vertically integrated platform for decentralized finance, offering consumer wallet applications, developer infrastructure, blockchain APIs, and protocol-level software that manage the full onchain transaction lifecycle.
Crypto & Web3Data & InfrastructureDeveloper ToolsFintechFort Worth, US
Joseph Lubin(Founder & CEO)in
Co-investorsArcane GroupArgonautic VenturesBR CapitalCoinbase VenturesDVCElectric Capital+19 more
Cozy provides modular on-chain risk protection for DeFi protocols, offering tools like yield tranches, asset reserves, and market-based protection contracts to cover risks such as bad debt, hacks, and exploits.
Crypto & Web3FintechInsurTechSeattle, US
Tony Sheng(Director)inPayom Dousti(Executive Officer, Director)
Co-investorsCoinbase VenturesElectric CapitalMetastableVariant FundRobot VenturesSlow Ventures+1 more
Overland Park, US
Randall Wasinger(Executive Officer, Director)Randy Wasinger(Founder)in
Co-investorsalphabet angelsGobi PartnersKCRise FundMetastableRed Beard VenturesSora Ventures+8 more
China-based crypto wallet and DeFi portfolio tracker covering hundreds of protocols across multiple blockchains.
Tang Hongbo(Founder)in
Co-investorsCoinbase VenturesFenbushi CapitalIOSG VenturesMetastableSignum CapitalYoubi Capital+4 more
DerivaDEX is a decentralized cryptocurrency derivatives exchange offering a real-time price feed, fast trade resolution, and a competitive fee structure.
Crypto & Web3Fintech
Co-investorsCoinbase VenturesMetastableElectric Capital
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)in
Co-investorsa16z cryptoAcrew CapitalAmino CapitalAndreessen HorowitzAspect VenturesBollinger Investment Group+17 more
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Crypto data platform letting users query indexed blockchain data with SQL and publish shareable dashboards.
Mats Olsen(Founder)in
Co-investorsCoatue ManagementMetastableRedpoint VenturesUnion Square Ventures (USV)Wonder VenturesFabric Ventures+2 more
dYdX is a decentralized exchange for trading perpetuals that uses zero-knowledge proofs to provide security and privacy.
Crypto & Web3FintechSan Francisco, US
Antonio Juliano(Founder)inIvo Crnkovic-Rubsamen(CEO)in
Co-investors1confirmationa16z cryptoAbstract VenturesAndreessen HorowitzBR CapitalDeFiance Capital+8 more
EigenCloud is a developer platform providing cryptographic trust primitives for applications and AI agents through verifiable computation, inference, and data availability backed by slashable stake on EigenLayer.
AI & Machine LearningCrypto & Web3Developer Tools
Sreeram Kannan(Founder)in
Co-investorsa16z cryptoAndreessen HorowitzBitDAOBixin CapitalBixin VenturesBloccelerate VC+20 more
Ethena operates a crypto protocol offering USDe, a digital dollar, and sUSDe, a reward-accruing asset backed by collateralized assets with third-party attestations.
Crypto & Web3Fintech
Guy Young(Founder & CEO)in
Co-investorsAlphaLab CapitalBitDAOBreedCaladanCVP NoLimitF-Prime Capital+17 more
Filecoin is a decentralized storage network that uses cryptographic proofs to distribute data across a global peer-to-peer network, offering an alternative to centralized cloud storage providers.
Cloud ComputingCrypto & Web3Data & Infrastructure
Juan Benet(Founder)
Co-investors1confirmationArkStream CapitalAusum VenturesBlueYard CapitalBollinger Investment GroupBorderless Venture+17 more
Flashbots is a research and development organization that mitigates negative externalities from Maximal Extractable Value (MEV) on blockchains, primarily Ethereum, through infrastructure and tools for block building, transaction protection, and MEV distribution.
Crypto & Web3Data & InfrastructureDeveloper Tools
Co-investorsBig Brain HoldingsBlueYard CapitalEthereal Ventures Management Ltd.Fabric VenturesFactionFenbushi Capital+12 more
Galxe is a platform that unifies identity, engagement, and automation for web3 projects seeking authentic user growth and community engagement.
AI & Machine LearningCloud ComputingCrypto & Web3Marketing TechSaaSSector Agnostic
Charles Wayn(Founder)
Co-investorsBitDAOCoinbase VenturesDraper DragonFermionIOSG VenturesLattice Capital+5 more
Gauntlet is a team focused on financial systems research and analysis, with expertise in quantitative analysis, smart contracts, and blockchain infrastructure.
Crypto & Web3Data & InfrastructureFintechDallas, US
Rei Chiang(Executive Officer)in
BoardTarun Chitra(Executive Officer, Director)in
Co-investorsHack VCMetastableParadigmAglae VenturesIA VenturesRobot Ventures+1 more
The page presents ORA78, an online gaming platform that describes using blockchain-based digital protection for account security, transaction records, and activity verification.
Crypto & Web3Gaming
Daniel Chong(Founder)in
Co-investorsCoinbase VenturesOpenSea
Cryptocurrency exchange protocol bridging centralized and decentralized finance.
Varun Kumar(Founder & CEO)Vinod Raghavan(Founder)inVictor Ionescu(Founder)in
Co-investorsArrington CapitalBollinger Investment GroupCoinbase VenturesElectric CapitalFabric VenturesGenblock Capital+16 more
Hedgehog provides automated portfolio management for cryptocurrency, allowing users to hold diversified baskets of digital assets spanning the majority of the crypto market.
Crypto & Web3FintechSan Francisco, US
Taylor Culbertson(Founder)inColton Dillion(Founder)inJason Dillion(Co-Founder and COO)in
Co-investorsY CombinatorTenzor Capital
Hyperspace operates a marketplace where users can browse, search, and trade non-fungible tokens.
Co-investorsNFXPantera CapitalCoinbase VenturesJerusalem Venture Partners (JVP)Jump CapitalShima Capital
InfStones provides blockchain infrastructure and node management solutions for Web3 applications, enabling developers to build, scale, and maintain decentralized applications.
Cloud ComputingCrypto & Web3Data & Infrastructure
Dr. Zhenwu Shi(Founder)Sili Zhao(Global Director of Business)in
Co-investorsNotable CapitalSoftBank GroupMetastableQiming Venture PartnersSoftBank Vision FundDHVC+5 more
Lido is a liquid staking protocol for Ethereum that allows users to stake ETH and earn rewards while maintaining liquidity through the stETH token.
Crypto & Web3Fintech
Vasily Shapovalov(Founder)
Co-investorsa16z cryptoAegis VentuesAndreessen HorowitzBR CapitalCoinFundDeepTech Ventures+16 more
Lighter is a zero-knowledge rollup built on Ethereum that enables high-speed, low-cost onchain trading through cryptographic proofs of order matching and liquidations.
Crypto & Web3FintechCambridge, US
Vladimir Novakovski(Founder & CEO)inAlexis Fox(Executive Officer, Director)Micah Risk(Executive Officer)Ronald Pastore(Executive Officer, Director)
BoardSusan E Vitka(Director)Lisa Feria(Director)in
Co-investorsAbstract VenturesAndreessen HorowitzAntiChapter OneCleo CapitalCoatue Management+13 more
Manta Network is a modular Layer 2 blockchain platform offering low gas fees and high performance for building decentralized applications.
Crypto & Web3Data & InfrastructureDeveloper Tools
Co-investorsAdvanced BlockchainAlliance DAO (ex DeFi Alliance)AZDAGGenblock CapitalHypersphere VenturesLongHash Ventures+6 more
Matter Labs builds Prividium, an Ethereum-secured blockchain platform designed for banks and financial institutions to issue, settle, and manage digital assets with privacy and compliance controls.
Crypto & Web3Enterprise SoftwareFintechGeorge Town, Grand Cayman
Alex Gluchowski(Executive Officer, Director)inAleksandr Vlasov(Director)
BoardChristopher Burniske(Director)in
Co-investors1k(x)1kxa16z cryptoAndreessen HorowitzBlockchain CapitalCoinFund+9 more
Megapot operates a global lottery platform where participants can win from a shared prize pool while directing funds to charitable causes.
ConsumerCrypto & Web3GamingMarketplaces
Co-investorsCoinbase VenturesBankless Ventures
Metatheory develops games for players seeking depth and quality gameplay, and is expanding into AI-driven software tools for creators.
AI & Machine LearningCreator EconomyGamingGalveston, US
Kevin M. Lin(Executive Officer, Director)inAdam Bao(Executive Officer)inJames Thomas Gleason(Executive Officer)David Barthwell(Executive Officer)in
Co-investorsAndreessen HorowitzBitkraft Esports VenturesBreyer CapitalLifelike CapitalMetastablePantera Capital+4 more
Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.
Cloud ComputingCrypto & Web3Data & Infrastructure
Co-investorsAlphaLab CapitalAmbush CapitalArchetypeBankless VenturesBig Brain HoldingsBloccelerate VC+23 more
MyShell is an AI platform for creating images, portraits, filters, and short videos, including a product called MyShell Art with a graphical interface aimed at casual users and digital creators.
AI & Machine LearningConsumerCreator Economy
Co-investorsBankless VenturesChronos VenturesD1 VenturesHyperithmINCE CapitalInception Capital (ex OP Crypto)+5 more
Nansen is a trading platform that combines onchain intelligence and AI to help investors discover trading opportunities, execute trades, and monitor portfolios across multiple blockchain networks and protocols.
AI & Machine LearningCrypto & Web3Fintech
Alex Svanevik(Founder)inEvgeny Medvedev(Founder)in
Co-investorsa16z cryptoAccelAndreessen HorowitzBR CapitalCoinbase VenturesFabric Ventures+7 more
NEAR is an open blockchain infrastructure powering the agent economy, providing cross-chain execution, confidential settlement, and private inference capabilities.
AI & Machine LearningCloud ComputingCrypto & Web3Miami, US
Illia Polosukhin(Co-Founder)in
Co-investorsA.Capital Venturesa16z cryptoAccompliceAdvanced BlockchainAmbush CapitalAmplify Partners+36 more
NEAR Foundation is a Swiss nonprofit foundation (Stiftung) that supports the NEAR ecosystem, a decentralized blockchain platform for building decentralized applications.
Crypto & Web3Data & InfrastructureDeveloper ToolsImpact & Social GoodZug, CH
Chris DonovanBowen WangMona Elisa(Director)Erik Trautman(Executive Officer)Richard Mortimer Muirhead(Director)
BoardIllia Polosukhin(Director)in
Co-investorsCerulean VenturesMetastableSID Venture Partners
Oasis Labs develops privacy-preserving data analytics and AI tools using differential privacy, homomorphic encryption, and zero-knowledge proofs for organizations that need to analyze sensitive data while protecting individual privacy.
AI & Machine LearningCybersecurityData & InfrastructureDeveloper ToolsPalo Alto, US
Dawn Song(Founder & CEO)inBobby Jaros(Executive Officer)Noah JohnsonRaymond Cheng
Co-investors1k(x)1kx500 GlobalAmino CapitalAndreessen HorowitzAngelONE Capital+19 more
OneKey helps site developers and operators identify optimal locations for building electric vehicle charging stations based on profitability analysis.
FintechParis, FR
Christophe Barre(Founder)inUlysse Prygiel(Founder)in
Co-investorsIOSG VenturesY CombinatorCoinbase VenturesEthereal Ventures Management Ltd.Folius VenturesFramework Ventures+2 more
OneKey makes hardware wallets and related software for storing and managing cryptocurrency, including staking management and support for EVM decoding, Solana message signing, and connections to wallets like MetaMask and Sparrow.
Crypto & Web3Hardware
Yishi W.(Founder)in
Co-investorsCoinbase VenturesBitDAOBixin CapitalBixin VenturesIOSG VenturesMantle Network+6 more
Orderly Network provides omnichain infrastructure for launching perpetuals decentralized exchanges (perp DEXs) on any blockchain, offering a shared orderbook and liquidity accessible via SDK or white-label.
Crypto & Web3Data & InfrastructureDeveloper Tools
Ran Yi(Founder)in
Co-investorsD1 VenturesGate VenturesIOSG VenturesMentha PartnersMetastablePantera Capital+9 more
Parcl provides daily real estate market signals, ownership data, and tools for analyzing how housing markets move, including a portfolio-search tool for finding single-family rental portfolios and data/resolution services for housing-related prediction markets.
Data & InfrastructureFintechPropTechNew York City, US
Jason Lewris(Founder)in
Co-investorsArchetypeCoinbase VenturesHack VCLAB VenturesMetastableParaFi Capital+4 more
Party is a decentralized protocol that enables groups to coordinate onchain through collective wallet functionality, including token launches, crowdfunding, NFT memberships, and group chat capabilities.
Crypto & Web3
Co-investorsCompoundMetastablea16z cryptoAndreessen Horowitz
Perpl is a fully on-chain decentralized exchange for perpetual futures trading, offering leveraged Bitcoin trading via a central limit order book (CLOB) built on the Monad blockchain.
Crypto & Web3Fintech
Co-investorsMetastableBreedBreed VCHashkey CapitalL1 DigitalMirana Ventures
PleasrDAO is a decentralized collective that acquires and preserves culturally significant digital assets, including NFTs and artifacts of internet history, using blockchain technology to enable community ownership.
Crypto & Web3Social
Co-investorsa16z cryptoAndreessen HorowitzDivergenceMetastableParaFi CapitalStandard Crypto+2 more
Polymarket is a prediction market platform where users trade contracts based on the outcomes of future events across politics, sports, economics, and other categories.
Crypto & Web3FintechMarketplaces
Shayne Coplan(Founder & CEO)in
Co-investors1confirmationA.Capital VenturesAbstract VenturesAccess Ventures (New York)Advaita CapitalAnti+19 more
PoolTogether is a permissionless protocol that enables no-loss prize savings, allowing users to deposit funds for a chance to win while generating yield from deposits.
Crypto & Web3FintechGrand Rapids, US
Leighton Cusack(Executive Officer, Director, Promoter)
Co-investorsConsenSys MeshNascentDTC CapitalIDEO CoLab Ventures
Quantstamp provides smart contract and blockchain security audits and verification services for Web3 and Web2 projects.
Crypto & Web3CybersecurityEnterprise SoftwareSan Francisco, US
Richard Ma(Founder/CEO)inSteven Stewart(Executive Officer, Director)in
Co-investorsBloccelerate VCFifty YearsLegalTechManhattan Venture PartnersMetaplanetMetastable+9 more
Questbook operates a platform that connects builders and grant applicants with grant managers, recommending applicant profiles and delivering relevant grant opportunities.
Crypto & Web3MarketplacesSaaS
Sriharsha Karamchati(Founder)in
Co-investorsAll In CapitalBetter CapitalCoinbase VenturesFirst ChequeKube VCAlameda Research+3 more
Rain builds stablecoin infrastructure for financial institutions and partners, providing payment cards accepted at millions of merchant locations, digital wallets, and global settlement rails.
Crypto & Web3Enterprise SoftwareFintechSaaS
Farooq Malik(CEO)
Co-investors57Blocks CapitalArchetypeCanonical CryptoCoinbase VenturesFirstMark CapitalICONIQ+9 more
Rain provides an on-demand pay service that lets employees access wages they have already earned before payday, with the goal of improving employer retention, attendance, and productivity.
AI & Machine LearningFintechHR TechSaaSLos Angeles, US
AJ Nelson(Founder)inAlex Bradford(Co-Founder & CEO)inGilberto Garcia(Co-Founder & CTO)inHR Tech SaaS AJ Nelson(Founder)Jen Terrell(Co-Founder)in
Co-investorsCM VenturesDreamers VCFOG VenturesKombo VenturesMindset VenturePICUS CAPITAL+11 more
Crypto exchange for the Middle East
Co-investorsCoinbase VenturesKleiner PerkinsSpace Whale CapitalVentureSouqVision VenturesBessemer Venture Partners+3 more
Rain is a marketing agency that combines brand strategy, media buying, creative, and analytics to drive customer acquisition and growth for consumer brands.
AdTechMarketing Tech
Michelle Cardinal(Founder & CEO)in
Co-investorsStanley VenturesValor Capital GroupBessemer Venture PartnersEndeavor CatalystFirstMark CapitalGalaxy Ventures+5 more
Rain provides real-time financial guidance to employees by monitoring cash flow, analyzing spending patterns, and offering personalized financial advice.
AI & Machine LearningEnterprise SoftwareFintechHR TechSaaS
Alex Bradford(Founder & CEO)in
Co-investorsAurum Venture PartnersBig Brain HoldingsClear Haven Capital ManagementEnsemble VCEthos VCVU Venture Partners+7 more
Rain.fi is a decentralized lending and borrowing protocol on Solana that enables users to borrow tokens with leverage without liquidation risk and purchase NFTs with flexible payment terms.
Crypto & Web3Fintech
Co-investors50 PartnersBessemer Venture PartnersEndeavor CatalystFirstMark CapitalGalaxy VenturesICONIQ+2 more
Co-investorsD1 VenturesPuzzle Ventures
Rhythmic provides a branded financial platform that enables companies to offer rewards-based payment cards and financial services to their customers.
FintechSaaS
Aaron D. Marks(Founder)inJoseph Hayes(Founder)in
Co-investorsDepartment of XYZMirana VenturesVenture Dept.The Fintech Fund
DoubleZero operates a network that delivers raw market data feeds over dedicated fiber links contributed by independent operators, bypassing public internet latency for trading firms, validators, and platforms.
Crypto & Web3Data & InfrastructureFintechGeorge Town
BoardOLIVER BELL(Director)
Co-investorsCrucible CapitalGSRMetastableMH VenturesMulticoin CapitalPaper Ventures+3 more
Sapiom provides an execution engine and access network that lets AI agents use external capabilities — such as authentication, LLM inference, web search, voice, image and video generation, compute, databases, and messaging — through a single API key, with metered pay-per-use billing.
AI & Machine LearningData & InfrastructureDeveloper ToolsSan Francisco, US
Ilan Zerbib(Founder)in
Co-investorsAccelAngel InvestFormus CapitalGradient VenturesOperator CollectiveAccel-KKR+4 more
San Francisco, US
Kenton Prescott(Executive Officer, Director)inJoshua Levine(Executive Officer, Director)
Co-investorsBain CapitalRobot Ventures
Gaming studio building a AAA first-person extraction shooter
Ken Rosman(CEO)in
Co-investorsBixin CapitalBixin VenturesCVP NoLimitMetastableNo Limit Holdings (NLH)Raptor Group+7 more
Spindl provides attribution, analytics, audience-building, and advertising tools for onchain (crypto/Web3) applications, letting teams track user journeys from web clicks to onchain actions across chains.
AdTechCrypto & Web3Marketing Tech
Jon Wienner(Founder)in
Co-investorsBankless VenturesCoinbase VenturesConsenSys MeshMulticoin CapitalBalaji SrinivasanChapter One+1 more
StarkWare develops zero-knowledge proof and validity rollup solutions for blockchain applications, enabling secure, scalable, and trustless transactions.
Crypto & Web3Deep TechDeveloper ToolsNetanya, IL
Eli Ben-Sasson(Co-Founder, CEO)inUri Kolodny(Co-founder, Board Member)inAlessandro Chiesa(Co-Founder)inMichael Riabzev(Chief Architect)inAvihu Levy(Head of Product & Blockchain Research)inOren Katz(VP Engineering)in
Co-investorsBalaji SrinivasanBollinger Investment GroupChapter OneCoatue ManagementCoinbase VenturesCollab+Currency+14 more
TRLab is an online shop offering design-led, artist-designed gifts, home objects, and everyday essentials organized by occasion, recipient, and interest.
ConsumerDirect to ConsumerE-commerce
Audrey Ou(Cofounder)in
Co-investorsHivemind Capital PartnersMetastableOlive Capital
TruBit is a regulated cryptocurrency trading and wallet platform that enables users to buy, sell, and earn interest on crypto assets, manage remittances, and make payments from a single mobile application.
Crypto & Web3Fintech
Co-investorsY2Z VenturesGalaxy Interactive
UMA operates the Optimistic Oracle, a blockchain protocol that verifies natural-language statements and real-world data through a system of proposed statements, dispute periods, and tokenholder voting.
Crypto & Web3Data & InfrastructureDeveloper Tools
Co-investorsCollab+CurrencyIOSG VenturesMetastable
Utorg provides a crypto wallet and payment platform that enables users to access and spend cryptocurrency globally.
Crypto & Web3FintechSaaSAbu Dhabi, AE
Co-investorsMetastableTA Ventures
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 CapitalCaladanMirana VenturesPeak XV PartnersBain Capital CryptoCoinbase Ventures
BigPanda provides an AI-powered platform for IT operations that automates incident management, change management, and service desk workflows for enterprise IT teams.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS
Co-investorsFirstMark CapitalGreycroftHetz Ventures
Velocity builds monetization and distribution infrastructure for AI-native applications, drawing on experience developing advertising, machine learning, and growth platforms at large scale.
AdTechAI & Machine LearningMarketing Tech
Co-investorsNFXRed Dot Capital PartnersTRANSCENDCapital One VenturesCoinbase VenturesFirstMark Capital+2 more
Velocity is an enterprise platform that provides payments and treasury solutions powered by stablecoins, designed for CFOs and global businesses.
Crypto & Web3Enterprise SoftwareFintech
Co-investorsActivant CapitalDigital Space VenturesCapital One VenturesCoinbase VenturesFirstMark CapitalFuel Ventures+3 more
Velocity provides financing, shipping, AI, and analytics products for eCommerce brands in India.
E-commerceFintechLogistics & Supply ChainSaaSGurugram, IN
Abhiroop Medhekar(Founder)inSaurav Swaroop(CTO)inAtul Khichariyain
Co-investorsDST GlobalFJ LabsiSeedPresight CapitalValar Ventures LlcCapital One Ventures+4 more
European online retailer specializing in performance and replacement parts for classic and modern American muscle cars, including Ford Mustang, Chevrolet Corvette, and Dodge Ram models.
E-commerceRetail TechGermany, DE
Co-investorsSIB Innovations- und BeteiligungsgesellschaftCapital One VenturesCoinbase VenturesFirstMark CapitalQEDRipple
Venice AI provides a privacy-focused platform for generating text, images, video, audio, and code using open-source and third-party AI models, with uncensored and anonymized processing.
AI & Machine LearningCybersecurityDeveloper ToolsSheridan, US
ERIK VOORHEES(Executive Officer, Director, Promoter)inJESSE PROUDMAN(Executive Officer, Director, Promoter)in
BoardHASEEB QURESHI(Director)in
PartnerHaseeb Qureshi· quoted
Co-investorsArchetypeBanyan VenturesEquilibrium VenturesNIVService Provider CapitalCoinbase Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Inversion LabsMedallion ArtsAlliance DAOAncient8AndrenaAperture FinanceARCxArtemisAugustAuroraAvalancheBITBitgetCeloCoinbase Token ManagerCommonCommonwareCompound LabsContextCrusoeDomination FinanceDrakulaEthenaEthereumEthlasEveryrealmExoFantasy TopFlorida StreetFraxGalactic HoldingsGelatoGoldskyHibachiHopscotchInit CapitalInternet GameInversionKaitoMakerDAOMatoneeMedallionMegaEthMeshMetaPoolMorphMorph Organisation LimitedMorpho (credit network)MyPrizeNebulousNexusOptimismOra LabsP0x LabsParadigmPolygonProdiaRenegadeRoutemeshSaffronSanctumSipherSlingshot DAOSolendSynFuturesTakerThe Open PlatformTwo CentsYeetZA BankZARZcashZcash Open Development Lab
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.
Portfolio news
latest coverage across their companies
Mantle · openpr.com · Sep 11, 2026
Velocity · businesstechafrica.co.za · Sep 9, 2026
Rain · wkrg.com · Sep 2, 2026
Codex · techtimes.com · Aug 26, 2026
Codex · techtimes.com · Aug 26, 2026
Ethena Labs · interactivecrypto.com · Aug 21, 2026
Rain · theblock.co · Aug 19, 2026
Frequently asked questions
- How many investments has Dragonfly made?
- Dragonfly has 182 tracked investments, 3 of which have exited, including 20 dated in the last 24 months.
- 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.
- Who does Dragonfly co-invest with?
- Dragonfly most often shares deals with Metastable, Coinbase Ventures, IOSG Ventures, among 287 tracked co-investors.
Media · Podcasts & interviews
featuring the teamIf 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
Dragonfly’s Rob Hadick on The State of Crypto Venture | The Crypto Tape
GSR · Rob Hadick
Dragonfly's Rob Hadick on 2026 crypto outlook, bitcoin price trends and future of prediction markets
CNBC Television · Rob Hadick
Stablecoins Are Eating Finance (What Wall Street Missed) | Rob Hadick, Dragonfly
Venture Capital · Rob Hadick
35 - Network State Conference 2025 - Haseeb Qureshi of Dragonfly explains how to distribute tokens
Network State Podcast · Haseeb Qureshi
Images
Co-investors · 80
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.
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.
Multicoin Capital is a thesis-driven investment firm focused on cryptoassets, tokens, and blockchain companies, managing a hedge fund and several venture funds across public and private markets.
Paradigm is a frontier technology investment firm that builds and invests in early-stage companies across crypto, AI, robotics, and other emerging technology areas.
Robot Ventures is a $75M early-stage crypto fund founded and led by Robert Leshner (Compound) and Tarun Chitra (Gauntlet), who actively run major DeFi companies while managing the fund, giving founders direct access to operators at the center of on-chain markets. The fund specializes in backing highly technical crypto primitives at the pre-seed stage before they become marquee names, leveraging deep quant research expertise to evaluate complex DeFi mechanisms that many generalist VCs struggle to understand.
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.
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.
Hack VC is a venture capital firm investing in early-stage crypto, blockchain infrastructure, decentralized finance, and AI companies.
Hashed is a venture firm backing founders building in AI, crypto, and frontier technology, offering hands-on ecosystem support to portfolio companies from inception to global scale.
Nascent is a crypto-focused investment firm that builds, invests in, and competes across open markets and permissionless technologies, deploying both venture and liquid strategies as active participants in the crypto ecosystem.
CoinFund is a crypto-focused investment firm that backs and partners with companies building open, decentralized technology across finance, infrastructure, and AI.
Blockchain Capital is a venture firm that has partnered with crypto builders since 2013, investing across the blockchain and digital asset ecosystem.
▶68 more co-investors
Polychain CapitalHaun VenturesDivergenceArchetypeVariant FundFounders FundTiger Global ManagementAbstract VenturesSequoia CapitalLightspeed Venture PartnersUnion Square Ventures (USV)Bitkraft Esports VenturesPolygonSID Venture PartnersVOLT CAPITALEthereal Ventures Management Ltd.NIVShima CapitalPlaceholder VCQiming Venture PartnersRedpoint VenturesKleiner PerkinsFifth WallFlybridge Capital PartnersThird Point VenturesOyster VenturesFramework VenturesSemantic Venturesgumi Cryptos Capital (gCC)TechstarsMenlo VenturesB Capital GroupResolute VenturesNot Boring CapitalGustoGoodwater CapitalPareto Holdings7percent VenturesPoint72 VenturesLobby CapitalAnthemis VentureSummit PartnersUnpopular VenturesMosaic VenturesCrunchFundEXPONENT FOUNDERS CAPITALSeed Club VenturesVoyager CapitalScalar CapitalSolana VenturesLCXVerified CapitalLAUNCHub VenturesThe Alchemy FundPrimitive VenturesCherubic VenturesAlchemy VenturesMusha VenturesCambrian Asset ManagementXAngeBlockchange VenturesWave Digital AssetsNext Frontier CapitalTunitas VenturesBlockchain Coinvestors AngelList SyndicateBAI capitalFormless CapitalRarestone Capital
Firms observed investing alongside Dragonfly, from public investor directories. Shared companies are the overlap with Dragonfly's recorded portfolio.
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