New York City · Seed–Growth · 21 people tracked
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Investment thesis
Metastable is a long-running crypto investment fund, co-founded in 2014 by Naval Ravikant, that was an early investor in numerous blockchain protocols including Ethereum, Avalanche, Cosmos, Starkware, NEAR, Zcash, Filecoin, Dfinity, and Algorand. It has since been acquired by Dragonfly, which now operates Dragonfly Ventures, Dragonfly Liquid, and Metastable.
Source: firm website, verified Aug 7, 2026.
Team · 21 people
from the firm's website & curatedWhat they invest in
from 61 of 122 portfolio companiesCrypto & Web3 ×55Fintech ×31Data & Infrastructure ×24Developer Tools ×14AI & Machine Learning ×7Cloud Computing ×6Gaming ×5Enterprise Software ×4
HQs:United States×23United Arab Emirates×1Switzerland×1Hong Kong×1Israel×1Singapore×1
Who they back
founder profiles across 51 portfolio companiesFounding team size:solo founder×182 founders×143 founders×94+ founders×10
Where their founders studiedfrom 40 founders with education data
Massachusetts Institute of Technology ×6Cornell ×4New York University ×3Princeton University ×3Stanford University ×3Columbia University ×2Northwestern University ×2University of Oxford ×2
What their founders studiedfrom 43 founders with field-of-study data
Computer Science ×24Engineering ×9Mathematics & Statistics ×9Finance & Accounting ×4Business & Management ×3Economics ×3Design & Architecture ×2Physics ×2
Where their founders worked beforefrom 48 founders with career history
ConsenSys ×4Goldman Sachs ×3Google ×3Microsoft ×3Docker ×2Getco LLC ×2Technion ×2Uber ×2
Accelerator rootsportfolio companies that came through a program
8 founders hold a PhD · 6 hold an MBA (of 46 with degree data)
Investments · 122 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 12022 · 12021 · 32020 · 22018 · 22017 · 12015 · 112 dated
1inch develops decentralized finance (DeFi) technology and products aimed at giving users and partners secure, compliant access to on-chain financial tools.
Crypto & Web3FintechTortola
Anton Bukov(Founder)inSergej Kunz(Founder)in
Co-investorsBig Candle CapitalBlockchain CapitalBR CapitalCTC VenturesDragonflyFabric Ventures+29 more
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 VenturesDragonflyNascent
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)inEugene Baah(Head of Product)
Co-investorsAdaverseBrightstone Venture CapitalDragonflyFoundersFuture AfricaOpen Opportunity Fund+10 more
Agoric builds secure infrastructure for a composable cross-chain crypto economy, along with products that automate fragmented crypto workflows.
Crypto & Web3Data & InfrastructureDeveloper ToolsFintech
Dean Tribble(Founder)inMark S. Miller(Chief Scientist)inMichael Jablon(Chief Operating Officer)in
Co-investorsAGE CryptoBollinger Investment GroupDanu VenturesFigmentgumi IncLD Capital+14 more
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(Founder)Luke Li(Founder)Thomas Zhu(Founder)Tiantian Kullander(Founder)Tony He(Founder)
Co-investorsBase PartnersCoinbase VenturesDCM VenturesDigital Finance GroupDragonflyFenbushi Capital+9 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(Founder)inNathan McCauley(Founder)in
Co-investorsAndreessen HorowitzGICa16z cryptoAmplify PartnersBlockchain CapitalDelta Blockchain+28 more
Ancient8 is a gaming-focused Ethereum Layer 2 blockchain designed for Web3 gaming, hosting fully on-chain games, games on X and Telegram, IP-infused games, and AI-powered games.
Crypto & Web3Gaming
Howard Xu(Founder)Trung Nguyen(Founder & CEO)Thuat Nguyen(Founder)William Phan(Founder)
Co-investorsAnimoca BrandsCoinbase VenturesDragonflyExtra WattsImpossible FinanceIOSG Ventures+25 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)Robby YunginDavid J. Kim(Founder)
Co-investors2080 Ventures500 GlobalA'Z AngelsAdit Ventures Management, LlcAlpha Wave GlobalAppWorks Ventures+49 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-investorsDragonflyTiger Global Management
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(Founder)inMo Shaikh(Founder)inAlin Tomescu(Head of Cryptography)inSasha Spiegelman(Head of Research)Zekun Li(Head of Blockchain)in
Co-investorsa16z cryptoDragonflyAndreessen HorowitzArrington CapitalBixin CapitalBixin Ventures+15 more
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-investorsCoinFundDragonflyMirana VenturesWIND Ventures
Avail is a blockchain infrastructure project focused on scalability solutions for blockchain ecosystems.
Crypto & Web3Data & Infrastructure
Anurag Arjun(Founder)inChris Giliberti(Founder)Prabal Banerjee(Founder)
Co-investorsAmino CapitalBorderless VentureCoatue ManagementDragonflyFigmentHTX Ventures (ex Huobi Ventures)+26 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(Founder)inGeorgios Vlachos(Founder)in
Co-investorsAndromeda CapitalBitDAOCoinbase VenturesCollab+CurrencyDCVC (Data Collective)Divergence+19 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 VentureDragonflyGenblock CapitalKane & Rao Group+6 more
Bitget is a cryptocurrency exchange offering spot trading, futures trading, and copy trading services for users worldwide.
Crypto & Web3Fintech
Gracy Chen(CEO)in
Co-investorsBitDAODragonflyMantle Network
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 VenturesDragonfly+12 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
Tieshun Roquerre(Founder)
Co-investorsCollab+CurrencyDragonflyGm CapitalHivemind Capital PartnersNarcissus VenturesParadigm+1 more
Ben Zhou(Founder)in
Co-investorsDragonflyFenbushi CapitalHack VCMoonhill 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
Matthew Katz(Founder)Parker Jou(Founder)inMatt Katz(Founder)
Co-investors1k(x)1kxAlliance DAO (ex DeFi Alliance)DragonflyLattice CapitalMH Ventures+6 more
Celo is a blockchain network designed for stablecoin payments and global financial transactions, positioned as a Layer 2 solution built on Ethereum's ecosystem.
Crypto & Web3Fintech
Marek Olszewski(Founder)Rene Reinsberg(Founder)Sep Kamvar(Founder)
Co-investorsA.Capital Venturesa16z cryptoCoinbase VenturesDWF LabsFuture Perfect VenturesOlima Ventures+8 more
Chia develops an open-source blockchain network using Proof of Space Time consensus, designed to significantly reduce energy consumption compared to traditional proof-of-work systems.
AgTechCrypto & Web3Data & InfrastructureFintechSouth San Francisco, US
Bram Cohen(Founder)inRyan Singer(Founder)inGene Hoffman(Chief Executive Officer and President)inMisha Graboi(Chief Financial Officer)inVishal Kapoor(Chief Operating Officer)April Helliwell(Executive Officer, Director)
Co-investorsa16z cryptoAndreessen HorowitzAndromeda CapitalBlockchain CoinvestorsBreyer CapitalCollab+Currency+14 more
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
Tim Rice(Founder)inAleksei Nokhrin(Founder)Alexander Bich(Founder)Jacob Franek(Founder)
BoardMathew S. McDermott(Director)Sean Judge(Director)in
Co-investorsAcrew CapitalBlockchain CoinvestorsCoinbase VenturesCollab+CurrencyCommunitas Capital PartnersDigital Currency Group+10 more
Commonware provides a library of primitives—reusable software components for consensus, cryptography, networking, and data structures—that developers use to build blockchains and decentralized systems.
Crypto & Web3Developer ToolsPalo Alto, US
Patrick O'Grady(Executive Officer, Director, Promoter)in
Co-investorsCoinbase VenturesDragonflyHaun VenturesScott SunartoTEMPO
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)in
Co-investors1802 VenturesArcane GroupArgonautic VenturesBR CapitalCMT Digital VenturesCoinbase Ventures+34 more
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)Maghnus Mareneck(Co-CEO and Co-founder, Cosmos Labs)in
Co-investors1confirmationBig Candle CapitalBollinger Investment GroupContinue CapitalDeepTech VenturesDigital Finance Group+11 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-investorsBlockchain CoinvestorsCoinbase VenturesDragonflyElectric CapitalGV (Google Ventures)Variant Fund+3 more
Crusoe builds energy-first AI infrastructure, using innovative and renewable energy sources to power hyperscale AI factories and a cloud platform for AI workloads.
AI & Machine LearningCloud ComputingData & InfrastructureEnergyDenver, US
Cully Cavness(Founder)inChase Lochmiller(Founder)inCharles Cavness(Executive Officer, Director)Matthew DeNezza(Executive Officer)inJamey Seely(Executive Officer)inMichael Gordon(Executive Officer)in
Co-investorsAbstract VenturesACTIVATE CAPITAL PARTNERSAdvaita CapitalAir Street CapitalAkkaAlkeon Innovation+73 more
Overland Park, US
Randall Wasinger(Executive Officer, Director)Randy Wasinger(Founder)in
Co-investorsalphabet angelsDragonflyGobi PartnersKCRise FundRed 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-investorsCircle VenturesCoinbase VenturesDragonflyFenbushi CapitalIOSG VenturesSignum Capital+5 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 VenturesDragonflyCalvin LiuElectric CapitalPolychain Capital
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 CapitalDragonflyFoundation CapitalGSRMH VenturesMulticoin Capital+4 more
Dragonfly is a crypto-focused investment firm comprising Dragonfly Ventures, Dragonfly Liquid, and Metastable (an acquired crypto hedge fund), which invests in blockchain and digital asset companies.
Crypto & Web3
Co-investorsCircle VenturesJDACMirana VenturesUncorrelated VenturesDreamcraftInnovate UK+1 more
Drakula is a short-form video social app with crypto elements, built by Showtime Technologies founder Alex Masmej.
Co-investorsCoinbase VenturesDragonfly
Crypto data platform letting users query indexed blockchain data with SQL and publish shareable dashboards.
Mats Olsen(Founder)in
Co-investorsCoatue ManagementDragonflyRedpoint VenturesUnion Square Ventures (USV)Wonder VenturesFabric Ventures+2 more
dYdX is a decentralized cryptocurrency exchange offering spot and derivatives trading with features including deep liquidity, advanced order types, and instant market listings.
Crypto & Web3FintechNew York City, US
Antonio Juliano(Founder)inIvo Crnkovic-Rubsamen(CEO)inCharles d'Haussyin
Co-investors1confirmationa16z cryptoAbstract VenturesAndreessen HorowitzBR CapitalCapital B Private Holdings+14 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+22 more
Everyrealm develops infrastructure and deploys capital for crypto and community-driven projects, investing in and building across blockchain protocols and platforms to connect digital economies.
Cloud ComputingCrypto & Web3GamingSocialLakeville, US
Janine Yorio(CEO, Co-Founder)inJesse Stein(Co-Founder)in
BoardAndrew Durgee(Director)Youngro Lee(Director)
Co-investorsHasheda16z cryptoAndreessen HorowitzCoinbase VenturesD1 VenturesDragonfly+5 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 ToolsGrand Cayman
Alejo Salles(Director)Philip Alexander Daian(Director)Tianhong Zhen(Director)Robert Miller(Director)Alex Obadia(Founder)Phil Daian(Founder)
Co-investorsBig Brain HoldingsBlueYard CapitalDragonflyEthereal Ventures Management Ltd.Fabric VenturesFaction+15 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)Harry Zhang(Founder)
Co-investors6th Man VenturesBitDAOCoinbase VenturesDragonflyDraper DragonFermion+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-investorsDragonflyFirst Round CapitalHack VCParadigmAglae VenturesIA Ventures+3 more
Gelato provides smart wallet and rollup infrastructure, enabling developers to launch gasless onboarding, smart wallets, and custom rollups through a single SDK.
Cloud ComputingCrypto & Web3Developer Tools
Hilmar Maximilian Orth(Founder)inHilmar Orth(Founder)
Co-investorsBloccelerate VCBootNodeD1 VenturesDragonflyGalaxy VenturesHack VC+5 more
Goldsky is a blockchain data infrastructure platform that provides streaming and querying capabilities for crypto and fintech applications, offering real-time access to onchain data with sub-second latency and high throughput.
Crypto & Web3Data & InfrastructureDeveloper ToolsFintechSan Francisco, US
Kevin Li(Founder)inJeff Ling(Founder)Jeffrey Ling(Founder)
Co-investorsAmplify PartnersDragonflyFelicis VenturesLattice CapitalLattice CapitalLux Capital+3 more
Cryptocurrency exchange protocol bridging centralized and decentralized finance.
Varun Kumar(Founder & CEO)Vinod Raghavan(Founder)inVictor Ionescu(Founder)in
Co-investorsArrington CapitalBlockchain CoinvestorsBollinger Investment GroupCoinbase VenturesDragonflyElectric Capital+20 more
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 Group10T FundDragonflyQiming Venture PartnersSoftBank Vision Fund+6 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)Konstantin Lomashuk(Founder)Vasiliy Shapovalov(Founder)
Co-investorsa16z cryptoAegis VentuesAndreessen HorowitzBR CapitalCoinFundDeepTech Ventures+19 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(Founder)inAleksandr Vlasov(Director)Alexandr Vlasov(Founder)
BoardChristopher Burniske(Director)in
Co-investors1k(x)1kxa16z cryptoAndreessen HorowitzBlockchain CapitalCoinFund+12 more
MegaETH is a blockchain platform offering high-throughput transaction processing with real-time capabilities, settling on Ethereum.
Crypto & Web3Data & InfrastructureFintech
Shuyao Kong (孔姝尧)(Founder)in
Co-investorsBig Brain HoldingsDragonflyFigmentInception CapitalMarin Digital VenturesMITON+3 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 VenturesDragonflyBankless VenturesJosh Hannah
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(Founder)inJT Gleason(Founder)Kevin Lin(Founder)in
Co-investorsAndreessen HorowitzBitkraft Esports VenturesBreyer CapitalDragonflyLifelike CapitalPantera Capital+4 more
Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.
Cloud ComputingCrypto & Web3Data & InfrastructureCalifon, US
Eunice Giarta Hon(Executive Officer)James Hunsaker(Founder)Keone Hon(Founder)inEunice Giarta(Founder)
Co-investorsAlphaLab CapitalAmbush CapitalArchetypeBankless VenturesBig Brain HoldingsBloccelerate VC+33 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 VenturesDragonflyFoundation CapitalSID 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)inBobby Jaros(Executive Officer)Noah JohnsonRaymond Cheng
Co-investors1k(x)1kx500 GlobalAmino CapitalAndreessen HorowitzAngelONE Capital+25 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
Optimism provides blockchain infrastructure based on the OP Stack, letting exchanges, fintechs, and financial institutions deploy and operate their own chains or add onchain features while it handles operations, security, and upgrades.
Crypto & Web3Data & InfrastructureFintech
Ben Jones(Founder)inJing Wang(Founder)inJinglan Wang(Founder)Benjamin Jones(Founder)Karl Floersch(Founder)Kevin Ho(Founder)
Co-investorsA.Capital Venturesa16z cryptoAbstract VenturesAndreessen HorowitzAndromeda CapitalBlockchain Coinvestors+15 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 VenturesDragonflyGate VenturesIOSG VenturesMentha PartnersPantera Capital+9 more
Paradigm is a technology investment firm that backs founders across stages in areas including cryptocurrency, artificial intelligence, robotics, and other frontier technologies.
AI & Machine LearningCrypto & Web3Data & InfrastructureRobotics
Matt Huang(Founder)inAnna Monaco(Founder)inAnna Monaco June Lee(Founder)Fred Ehrsam(Founder)June Lee(Founder)Michael Alfano(Founder)
Co-investorsBalaji SrinivasanBrightEdgeDorm RoomDragonflyEmles Venture PartnersFailup Ventures+2 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 VenturesDragonflyFJ LabsHack VCLAB Ventures+9 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-investorsCompoundDragonflya16z 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-investorsDragonflyBreedBreed 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 HorowitzDivergenceDragonflyParaFi CapitalParafi General Fund+3 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)in
Co-investors1confirmationA.Capital VenturesAbstract VenturesAccess Ventures (New York)Advaita CapitalAnti+34 more
Quantstamp provides smart contract and blockchain security audits and verification services for Web3 and Web2 projects.
Crypto & Web3CybersecurityEnterprise SoftwareSan Francisco, US
Richard Ma(CEO)inSteven Stewart(CTO)inDon Ho(Manaing Director)Krishna Sriram(Director, Partnerships)Emily Hinojos(Executive Assistant)Samantha Stortz-Stierle(Recruiter)
Co-investorsBloccelerate VCDG Ventures, Inc.DragonflyFifty YearsFJ LabsLegalTech+22 more
Saffron is a DeFi protocol offering fixed and variable yield tranches for liquidity providers, with its SFI token on Ethereum.
Co-investorsCoinbase VenturesMulticoin Capital
Gaming studio building a AAA first-person extraction shooter
Ken Rosman(CEO)inAaron Nonis(Founder)Colin Foran(Founder)Don Norbury(Founder)Mark Long(Founder)
Co-investorsBixin CapitalBixin VenturesCVP NoLimitDragonflyNo Limit Holdings (NLH)Purechain Capital+15 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(Founder)inUri Kolodny(Founder)inAlessandro Chiesa(Founder)inMichael Riabzev(Founder)inAvihu Levy(Head of Product & Blockchain Research)inOren Katz(VP Engineering)in
Co-investorsAtomicoBalaji SrinivasanBlockchain CoinvestorsBollinger Investment GroupCapital B Private HoldingsChapter One+23 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-investorsA-Force VenturesDragonflyHivemind Capital PartnersOlive Capital
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-investorsBoxGroupCollab+CurrencyDragonflyIOSG Ventures
Utorg provides a crypto wallet and payment platform that enables users to access and spend cryptocurrency globally.
Crypto & Web3FintechSaaSAbu Dhabi, AE
Co-investorsDragonflyTA 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 CapitalBain Capital CryptoCaladanDragonflyMirana VenturesNIV+2 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AgoraAlliance DAOAndrenaARCxAugustAuroraAvalancheBITCodexCommonCompound LabsConduitContextDomination FinanceEthenaEthlasExoFantasy TopFlorida StreetFraxGalactic HoldingsHibachiHopscotchInternet GameInversionKaitoLighterMakerDAOMedallionMeshMetaPoolMorphMyPrizeNexusOra LabsPolygonProdiaRainRenegadeRhythmicRoutemeshSanctumSipherSlingshot DAOSolendSynFuturesTakerThesisTwo CentsVelocityYeetZA BankZAR
Portfolio news
latest coverage across their companies
Crusoe · techcrunch.com · Sep 17, 2026

Gauntlet · fintech.global · Jul 14, 2026
Paradigm · techcrunch.com · Jul 8, 2026
OneKey · onekey.so · May 12, 2026
Quantstamp · trysignalbase.com · Mar 25, 2026
Commonware · finsmes.com · Nov 10, 2025
Shrapnel · gamesbeat.com · Aug 13, 2025
Perpl · finsmes.com · May 22, 2025
Frequently asked questions
- How many investments has Metastable made?
- Metastable has 122 tracked investments, including 1 dated in the last 24 months.
- What stage does Metastable invest at?
- Metastable invests at the Seed, Series A, Series B, Growth stages.
- What is Metastable's typical check size?
- Metastable typically writes checks of $3M – $30M.
- What sectors does Metastable focus on?
- Metastable focuses on Crypto & Web3.
- Where is Metastable located?
- Metastable is headquartered in New York City, US.
- Who does Metastable co-invest with?
- Metastable most often shares deals with Dragonfly, Coinbase Ventures, IOSG Ventures, among 328 tracked co-investors.
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Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.



























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