Fundraising Fox

Figment

Venture capitaloperating company · company profile

New York · Seed–Series A · 1 people tracked

Also known as Figment Adam · Figment Foxtrot · FIGMENT INVESTMENT MANAGEMENT, LLC · Figment Ocean · Figment OS · Figment Sigma

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Investment thesis

Figment Capital invests in the future of Web3, focused on a world where finance operates on-chain in an open, global, and always-on manner. The firm backs teams building the underlying rails, markets, and consumer-facing applications that establish blockchains as the default infrastructure for how value is created, traded, and owned.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series A
HQ
New York, NY, US
Leads rounds
Follows
Instruments
Equity
Founded
2021
Tracked investments
78

Team · 1 people

from public directories
James Parillo· Managing Partnerin

What they invest in

from 56 of 78 portfolio companies

Crypto & Web3 ×53Data & Infrastructure ×25Developer Tools ×19Fintech ×18Deep Tech ×7Enterprise Software ×7Cybersecurity ×5AI & Machine Learning ×4

HQs:United States×10United Kingdom×1Israel×1British Virgin Islands×1

Who they back

founder profiles across 23 portfolio companies
48%
solo founders
11 of 23 mapped founding teams
60%
repeat founders
of 15 founders with career history

Founding team size:solo founder×112 founders×73 founders×34+ founders×2

Where their founders studiedfrom 12 founders with education data

Massachusetts Institute of Technology ×2

Where their founders worked beforefrom 15 founders with career history

Apple ×2

Investments · 78 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12022 · 22021 · 22020 · 12016 · 18 dated

Acalaacala.networkNov 2020

Acala is a Substrate-based cross-chain DeFi hub and stablecoin network secured by Polkadot, with a sister network Karura on Kusama.

Singapore

Ruitao Su(Founder)inRUITAO SU(Executive Officer, Director)

PartnerJames Parillo· solo GP

Co-investorsAndromeda CapitalArrington CapitalCoinbase VenturesD1 VenturesPantera CapitalSignum Capital+3 more

Aftermathaftermath.finance

PartnerJames Parillo· solo GP

Co-investorsRobot Ventures

Agoricagoric.comin

Agoric provides an orchestration layer that lets smart contracts coordinate and execute automated workflows across multiple blockchains, secured by its native BLD token and an object-capability security model.

Crypto & Web3Developer ToolsFintech

Dean Tribble(Founder & CEO)in

PartnerJames Parillo· solo GP

Co-investorsAGE CryptoBollinger Investment GroupDanu VenturesMarin Digital VenturesRed Beard VenturesRipple+6 more

Alluvial Financealluvial.financeAcquired

Staking software developer behind the enterprise liquid staking protocol Liquid Collective, acquired by Galaxy Digital in December 2025.

Chicago, US

Matthew R. Leisinger(Executive Officer, Director)Mara Schmiedt(Executive Officer, Director)Evan Weiss(Executive Officer)

BoardMin Teo(Director)

PartnerJames Parillo· solo GP

Co-investorsAmbush CapitalCoinbase VenturesF-Prime CapitalFenbushi CapitalNascentVariant Fund

Althea Networkalthea.net

Althea provides a payment layer and a hybrid EVM blockchain built for infrastructure and connectivity, and since 2018 has delivered blockchain-enabled internet access to homes across varied terrain.

Crypto & Web3Deep TechIoTClatskanie, US

Justin Kilpatrick(Founder)

PartnerJames Parillo· solo GP

Co-investorsAGE CryptoTRGCUDHC

Andromedaprotocolandromedaprotocol.io𝕏

Andromeda offers aOS, a decentralized on-chain operating system with a suite of multi-chain tools and utilities for building Web3 applications.

Crypto & Web3Deep TechDeveloper Tools

PartnerJames Parillo· solo GP

Co-investorsAnimoca Brands

Anomaanoma.netin𝕏

Anoma is a blockchain protocol redesigned from first principles as digital infrastructure for self-sovereign coordination, aiming to give users control over the systems they use and provide a substrate for decentralized global coordination.

Crypto & Web3Data & InfrastructureDeep TechEnterprise Software

Adrian Brink(Co-founder)Christopher Goes(Co-founder)Awa Sun Yin(Co-founder)

PartnerJames Parillo· solo GP

Co-investorsBixin CapitalBixin VenturesCVP NoLimitElectric CapitalFlowdeskImpossible Finance+11 more

Archwayarchway.io𝕏

Archway is a blockchain protocol that rewards developers who build decentralized applications by giving them a share of gas fees, network inflation rewards, and the ability to charge usage premiums on their smart contracts.

Crypto & Web3Developer Tools

PartnerJames Parillo· solo GP

Co-investors1confirmationIDEO CoLab VenturesTPC Club (The presale club)TPC VenturesHashed

Availavail.ioFeb 2024 · $27M

Avail is a modular blockchain infrastructure project building a data availability layer and unification stack for rollups.

Anurag Arjun(Founder)in

Co-investorsAmino CapitalCoatue ManagementJuniperoCyber CapitalFounders FundNomad Capital+1 more

Availavailproject.orgin𝕏

Avail is a data availability layer and multi-chain protocol that enables decentralized applications to operate across multiple blockchains without requiring code changes.

Crypto & Web3Data & Infrastructure

PartnerJames Parillo· solo GP

Co-investorsImpossible FinanceLongHash VenturesPragma VenturesRaptor GroupBalaji SrinivasanSevenX Ventures

Axelaraxelar.network𝕏Jun 2021

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)Georgios Vlachos(Director)

PartnerJames Parillo· solo GP

Co-investorsAndromeda CapitalBitDAOCoinbase VenturesCollab+CurrencyDCVC (Data Collective)Divergence+11 more

Bittebitte.aiin𝕏

Bitte provides a no-code builder and developer tools for creating AI agents that generate and execute blockchain transactions (including EVM transactions), which can be embedded as a whitelabel chat widget.

AI & Machine LearningCrypto & Web3Developer Tools

PartnerJames Parillo· solo GP

Co-investorsCeras VenturesCoinbase VenturesWoodstock Fund

Burnt Finance Synthetic Assetburnt.com

Burnt provides cryptographically verified identity and attribute verification that lets users prove specific claims (such as income above a threshold or a credit score over 700) by logging into accounts they already have, without sharing raw documents or PII.

CybersecurityDeveloper ToolsFintech

Anthony Anzalone(Founder)in

PartnerJames Parillo· solo GP

Co-investorsArrington CapitalDraper DragonElliptiInnovating CapitalPentos VenturesPlay Ventures+3 more

Celestiacelestia.orgin𝕏

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(Chairman & CEO, Celestia Foundation)inNick White(Co-founder & CEO, Celestia Labs)Preston Evans(CTO, Celestia Labs)Sarah Armstrong(CFO)Zach Leibowitz(General Counsel)

PartnerJames Parillo· solo GP

Co-investorsAdvanced BlockchainAlphaLab CapitalBain Capital CryptoBlockchain CapitalCaladanCoinbase Ventures+18 more

Ceramic/3Box Labsceramic.network𝕏

Ceramic provides a decentralized protocol for event streaming and data management that enables interoperable apps and services to share verifiable data at scale.

Crypto & Web3Data & InfrastructureDeveloper Tools

PartnerJames Parillo· solo GP

Co-investorsAmbush CapitalCoinbase VenturesCollab+CurrencyDeepTech VenturesFenbushi CapitalReciprocal Ventures+3 more

Cherrycherry.network

PartnerJames Parillo· solo GP

Composable Financecomposable.finance

Composable Finance builds modular cross-chain infrastructure for DeFi, including Centauri (a cross-ecosystem implementation of IBC for trustless bridging), the XCVM orchestration layer, and its Picasso parachain.

Crypto & Web3Data & InfrastructureDeveloper Tools

PartnerJames Parillo· solo GP

Co-investorsAdvanced BlockchainBlockchain CapitalCoinbase VenturesD1 VenturesDigital Finance GroupRarestone Capital

Connext/Everclearconnext.network𝕏

Connext provides xCall, a developer tool that enables applications to interact with users, tokens, and other applications across multiple blockchains.

Crypto & Web3Developer ToolsSan Francisco, US

Arjun Bhuptani(Executive Officer, Director)Layne Haber(Executive Officer, Director)inRahul Sethuram(Executive Officer)

PartnerJames Parillo· solo GP

Co-investorsA.Capital VenturesAmentum Investment ManagementCVP NoLimitD1 VenturesFenbushi CapitalIOSG Ventures+4 more

Crypto Raiku Solana infrastructureraiku.comin𝕏

Raiku is a lightweight Solana validator client offering Ahead-Of-Time compute reservations and Just-In-Time MEV bundle processing optimized for latency and throughput.

Crypto & Web3Data & Infrastructure

PartnerJames Parillo· solo GP

Co-investorsBig Brain HoldingsReciprocal Ventures

Deltadelta.network

PartnerJames Parillo· solo GP

Co-investorsMaven 11ReverieVariant Fund

Eigenlayereigenlayer.com𝕏

EigenCloud is a developer platform that adds cryptographic verifiability to data, computation, and AI inference, backed by slashable stake on the EigenLayer restaking protocol (ETH and EIGEN).

AI & Machine LearningCrypto & Web3Data & Infrastructure

PartnerJames Parillo· solo GP

Co-investorsBollinger Investment GroupCoinbase Ventures

Entropyentropy.xyzDefunct

Entropy was an a16z-backed decentralized crypto custody and threshold-signing network that wound down in January 2026.

PartnerJames Parillo· solo GP

Co-investorsa16z cryptoAndreessen HorowitzCoinbase VenturesVariant Fund

Euphoriaeuphoria.finance

PartnerJames Parillo· solo GP

Co-investorsHash3 Capital

Fairsidefairside.io

PartnerJames Parillo· solo GP

Co-investorsTRGC

FastLanefastlane.xyz𝕏

FastLane provides a maximal extractable value (MEV) protocol and liquid staking token (shMON) for the Monad blockchain, enabling validators and token holders to capture transaction ordering fees and staking rewards.

Crypto & Web3

Alex W.(Founder)inJordan Hagan(Founder)in

PartnerJames Parillo· solo GP

Co-investors57Blocks CapitalCoinbase VenturesMulticoin Capital

Gaspgasp.xyz

PartnerJames Parillo· solo GP

Co-investorsSignum CapitalTRGC

Gravitybridgegravitybridge.net𝕏

Gravity Bridge is a blockchain that acts as a neutral bridge between Ethereum and Cosmos, letting Cosmos-based projects access ERC20 assets like DAI or USDC via IBC without running their own orchestrator.

Crypto & Web3Data & Infrastructure

PartnerJames Parillo· solo GP

Hyperlanehyperlane.xyzin𝕏

Hyperlane is an open source, permissionless interoperability framework for connecting over 150 blockchains, enabling cross-chain messaging, asset bridging, swaps, asset issuance, and governance across EVM, Solana, Cosmos, and custom VM architectures.

Crypto & Web3Data & InfrastructureDeveloper Tools

Asa Oines(Founder)in

PartnerJames Parillo· solo GP

Co-investorsAmbush CapitalBitDAOBootNodeHack VCHypersphere VenturesMantle Network+7 more

Initiainitia.xyz𝕏

Initia provides blockchain infrastructure that connects full-stack applications through integrated protocols and aligned economic incentives.

Crypto & Web3Data & Infrastructure

PartnerJames Parillo· solo GP

Co-investorsA.Capital VenturesBig Brain HoldingsHack VCNascentTheory Ventures

Injectiveinjective.com

Injective is a blockchain built specifically for finance, providing infrastructure for onchain trading, tokenization, and payments with embedded primitives such as stablecoins, real-world assets, and programmable derivatives.

Crypto & Web3Data & InfrastructureFintechDublin, US

Albert Chon(Director)Chen(Co-founder)Eric Chen(Cofounder)Zhonghan Chen(Executive Officer, Director, Promoter)

PartnerJames Parillo· solo GP

Co-investorsAU21 CapitalCogitent VenturesInnovating CapitalPantera CapitalUnanimous CapitalEspresso Systems

Khalanikhalani.networkin𝕏

Khalani provides infrastructure for cross-chain and multi-provider transactions, enabling operators to define enforceable execution rules (price, latency, finality) that are automatically enforced across a network of solvers, market makers, bridges, and on/off-ramp providers.

Crypto & Web3Data & InfrastructureFintech

PartnerJames Parillo· solo GP

Co-investorsMaelstromNascent

Lit Protocollitprotocol.comin𝕏

Lit Protocol provides a verifiable compute and signing infrastructure built on trusted execution environments (TEEs) for DeFi applications, centralized exchanges, and tokenized assets.

Crypto & Web3Developer ToolsEnterprise Software

Chris Cassano(Founder)inDavid Sneider(Founder)in

PartnerJames Parillo· solo GP

Co-investors6th Man VenturesA.Capital VenturesCollab+CurrencyEniac VenturesFermionLattice Capital+8 more

Matter Labs (zkSync)zksync.ioin𝕏

ZKsync provides blockchain infrastructure and deployment services for enterprises, helping them build and launch production-ready solutions on the ZKsync network.

Crypto & Web3Developer ToolsEnterprise Software

Alex Gluchowski(Founder)in

PartnerJames Parillo· solo GP

Co-investorsDeepTech VenturesFactionIOSG VenturesLongHash VenturesMirana VenturesUnion Square Ventures (USV)+3 more

MegaETHmegaeth.systems

MegaETH is a high-performance blockchain that settles on Ethereum, offering over 100,000 transactions per second and sub-10-millisecond block times.

Crypto & Web3Data & InfrastructureFintech

PartnerJames Parillo· solo GP

Co-investorsBig Brain HoldingsMitonCRobot Ventures

Mintbasemintbase.ioin𝕏

Mintbase provides an open-source SDK, templates, and smart-contract tooling for developers to deploy NFT marketplaces, minters, and blockchain/AI apps on the NEAR protocol.

AI & Machine LearningCrypto & Web3Developer Tools

Co-investorsD1 VenturesSustany CapitalAnimoca BrandsCoinbase VenturesFundamental LabsLibertus Capital+3 more

Monadmonad.xyzin𝕏

Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.

Cloud ComputingCrypto & Web3Data & Infrastructure

Keone Hon(Founder & CEO)in

PartnerJames Parillo· solo GP

Co-investorsAlphaLab CapitalAmbush CapitalArchetypeBankless VenturesBig Brain HoldingsBloccelerate VC+23 more

Mygatewaymygateway.xyz

PartnerJames Parillo· solo GP

Co-investorsHannah Grey VenturesReciprocal VenturesRed Beard Ventures

Mysten Labsmystenlabs.comin𝕏

Mysten Labs builds infrastructure and tools for web3, focusing on making decentralized systems secure, reliable, and ready for mass adoption.

Cloud ComputingCrypto & Web3Deep TechDeveloper ToolsPalo Alto, US

Adeniyi Abiodun(Founder)inKostas Kryptos Chalkias(Founder)Sam Blackshear(Founder)Evan Cheng(Founder)in

PartnerJames Parillo· solo GP

Co-investorsa16z cryptoAlumni VenturesAndreessen HorowitzArrington CapitalBasecamp FundBig Brain Holdings+19 more

Neutrlneutrl.fi

PartnerJames Parillo· solo GP

Noisenoise.xyz𝕏

Noise is a community-curated media platform that aggregates and showcases trending topics, cultural phenomena, and emerging interest areas across entertainment, technology, finance, and lifestyle domains.

Creator EconomyMedia & EntertainmentSocial

PartnerJames Parillo· solo GP

Co-investorsParadigmGSR

Nymnymtech.net𝕏

Nym develops a decentralized privacy network (mixnet) that routes internet traffic through multiple nodes to anonymize user metadata and activities.

Crypto & Web3CybersecurityLondon, GB

Harry Halpin(CEO and Chairman of Scientific Board)inAlexis Roussel(Chief Operating Officer)in

PartnerJames Parillo· solo GP

Co-investorsAndreessen HorowitzBinance Labs1k(x)1kxa16z cryptoDanu Ventures+5 more

Obol Networkobol.techin𝕏

Obol provides distributed validator infrastructure and staking solutions for the Ethereum blockchain, serving institutional operators and AI agents.

Cloud ComputingCrypto & Web3Data & InfrastructureOttawa, US

Oisin Kyne(Director)Collin Myers(Founder)Oisín Kyne(Founder)inSchmiedt Mara(Executive Officer)

PartnerJames Parillo· solo GP

Co-investorsAmbush CapitalArchetypeCoinbase VenturesMaelstromNascentPantera Capital+2 more

Omniomni.appin𝕏

Omni is a non-custodial multi-chain crypto wallet that lets users store, bridge, and swap tokens across multiple blockchains, import wallets from MetaMask, Keplr, and Phantom, build custom portfolios, and buy crypto with a credit card.

Crypto & Web3

PartnerJames Parillo· solo GP

Osmosis Leading Cosmos DEXosmosis.zone𝕏

Osmosis is a decentralized cryptocurrency exchange built on the Cosmos blockchain that enables users to access liquidity and assets from over 100 blockchain ecosystems.

Crypto & Web3Fintech

PartnerJames Parillo· solo GP

Co-investors1confirmationBloccelerate VCMarin Digital VenturesNascentParadigmZero Knowledge Validator (ZKV)+3 more

Penumbrapenumbra.zone𝕏Aug 2021

Penumbra is a privacy-focused blockchain network that enables fully end-to-end encrypted asset trading and transfers across multiple chains through zero-knowledge proofs.

Crypto & Web3Data & InfrastructureHealthtechSan Francisco, US

Henry de Valence(Executive Officer, Director)Arani Bose(Executive Officer, Director)Don Kassing(Director)Jim Pray(Executive Officer)Adam Elsesser(Executive Officer, Director)Thomas Krebs(Executive Officer, Director)

PartnerJames Parillo· solo GP

Co-investorsZero Knowledge Validator (ZKV)

Phylaxphylax.systemsin𝕏

Phylax builds the Credible Layer, a policy engine that lets on-chain protocols declare states they must never reach and enforces circuit breakers that reject transactions crossing those limits.

Crypto & Web3CybersecurityEnterprise Software

PartnerJames Parillo· solo GP

Co-investorsCastle Island VenturesBreedHash3 Capital

Picassopicasso.xyz

PartnerJames Parillo· solo GP

Polymerpolymerlabs.org

Polymer Labs is a blockchain infrastructure startup that raised a $23M Series A in 2024.

Bo Du(Founder)in

PartnerJames Parillo· solo GP

Co-investorsAdvanced BlockchainAmbush CapitalBlockchain CapitalCoinbase VenturesD1 VenturesDigital Currency Group+6 more

Predicate Decentralisedpredicate.ioin𝕏

Predicate builds infrastructure for onchain financial products, offering programmable policy tools that handle regulatory requirements and risk controls for businesses operating in regulated markets.

Crypto & Web3CybersecurityData & InfrastructureFintech

Nikhil Raghuveera(Founder)in

PartnerJames Parillo· solo GP

Co-investors1k(x)1kxDepartment of XYZReciprocal VenturesVenture Dept.White Star Capital

Primevprimev.xyz

Primev builds infrastructure for the Ethereum ecosystem, including mev-commit, a real-time commitment network for transaction priority, ordering, and MEV mitigation, along with agentic USDC payments and bridging tools.

Crypto & Web3Data & InfrastructureDeep Tech

PartnerJames Parillo· solo GP

Co-investorsD1 VenturesIOSG VenturesLongHash Ventures

princepersistence.one𝕏

Persistence One builds blockchain infrastructure focused on Bitcoin interoperability (BTCfi), using DeFi, IBC interoperability, the Persistence Core-1 Chain, and cross-chain intents to enable BTC movement across chains.

Crypto & Web3Data & InfrastructureFintech

PartnerJames Parillo· solo GP

Co-investorsArrington CapitalBlack DragonCoinbase VenturesO1exRyze LabsSpark Digital Capital+3 more

Qredoqredo.com𝕏Feb 2022Acquired

Zenrock builds a decentralized custody layer for onchain assets, centered on zrChain, a purpose-built Layer 1 blockchain and a Decentralized Custody Token (DCT) standard that lets tokens be ported across chains.

Crypto & Web3Enterprise SoftwareFintechLondon

Brad Anthony Foy(Executive Officer, Director)Stan Miroshnik(Director)Duncan Payne-Shelley(Executive Officer)Brian Spector(Executive Officer, Director)

PartnerJames Parillo· solo GP

Co-investorsCoinbase VenturesDanu VenturesRSE VenturesWintermuteYellow Capitalgumi Cryptos Capital (gCC)+1 more

Quasar DeFi Seedquasar.fi

PartnerJames Parillo· solo GP

Co-investorsAdvanced BlockchainBlockchain CapitalMaelstrom

Quicksilverquicksilver.zone𝕏

Quicksilver is a liquid staking protocol built for the Cosmos ecosystem, letting users stake assets with any validator and receive liquid staked tokens (qASSETs) for swapping, pooling, and lending while retaining native governance rights.

Crypto & Web3

PartnerJames Parillo· solo GP

Co-investorsCMCC Global

Renzorenzoprotocol.com𝕏

Renzo Protocol provides liquid staking and restaking infrastructure along with reserve vaults that deploy capital into delta-neutral, RWA-backed, and basis/carry trade strategies.

Crypto & Web3Fintech

PartnerJames Parillo· solo GP

Co-investorsBankless VenturesBitDAOCrypto DiscoverEdessa CapitalIOSG VenturesL2 Iterative Ventures (L2IV)+5 more

Reownreown.comin𝕏

Reown provides developer tools built on WalletConnect for connecting users to crypto wallets across EVM, Solana, Bitcoin and other chains, with support for social/email logins, Sign in with Ethereum, and multichain authentication.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investors1k(x)1kxCoinbase VenturesSC VenturesTriton CapitalConsenSys+8 more

Revvrevv.xyz

PartnerJames Parillo· solo GP

RISC Zerorisczero.com𝕏Mar 2022

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(Executive Officer, Director)inBrian Retford(Executive Officer, Director)Jeremy Bruestle(Executive Officer, Director)

PartnerJames Parillo· solo GP

Co-investorsBain Capital CryptoBlockchain CapitalD1 VenturesFenbushi CapitalL2 Iterative Ventures (L2IV)Maven 11+3 more

RockawayX portfolio company: Astriaastria.org

PartnerJames Parillo· solo GP

Co-investorsMaven 11RockawayX1kx

Exits · 1

IPOs and acquisitions across the tracked portfolio

Skipacq. by Interchain Foundation (Cosmos)

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Figment made?
Figment has 73 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Figment invest at?
Figment invests at the Seed, Series A stages.
What sectors does Figment focus on?
Figment focuses on Crypto & Web3, Data & Infrastructure, Enterprise Software, Fintech, SaaS.
Where is Figment located?
Figment is headquartered in New York, US.
Does Figment lead rounds?
Figment typically participates in rounds rather than leading them.
Who does Figment co-invest with?
Figment most often shares deals with Coinbase Ventures, Maven 11, D1 Ventures, among 169 tracked co-investors.

Images

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