Pre-Seed–Series A · 8 people tracked
Investment thesis
Polymorphic Capital positions itself as an early-stage investor providing strategic support and expertise in the web3 space. The firm offers thoughtful guidance and facilitates key introductions within the ecosystem, supporting portfolio companies through pre-seed and seed funding rounds.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website
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What they invest in
from 32 of 53 portfolio companiesCrypto & Web3 ×26Fintech ×16AI & Machine Learning ×9Data & Infrastructure ×7SaaS ×6Developer Tools ×5Social ×4Creator Economy ×3
HQs:United States×7Canada×2Brazil×1Finland×1United Kingdom×1
Investments · 53 tracked
founders shown can be your intro pathBy year:2025 · 22024 · 22015 · 15 dated
Airstack is a developer platform providing unified, AI-queryable APIs for onchain and web3 social data across chains and dapps.
Miami Beach, US
Jason Goldberg(Executive Officer, Director)
Co-investorsBlack DragonDelta BlockchainFenbushi CapitalRed Beard VenturesResolute VenturesWWVentures+13 more
Co-investorsBR CapitalRed Beard VenturesSevenX Ventures
Bio Protocol is a decentralized science (DeSci) platform where people can fund, develop and govern tokenized early-stage scientific research from universities, companies and researchers.
AI & Machine LearningBiotechCrypto & Web3
Co-investorsBinance LabsPfizer VenturesBig Brain HoldingsSerafundSMAPE CapitalSora Ventures+2 more
Concept Art House is an art outsourcing studio for game developers, producing character designs, 2D and 3D assets, animation, and VFX for AAA, mobile, and trading card games.
Creator EconomyCrypto & Web3GamingMedia & EntertainmentSan Francisco, US
James(Founder / CEO)Jenny Chen(President & Founder)Matthew Le Merle(Chairman)Zach Hou(Art Director)Jake(Director of Business Operations)
Co-investorsAnimoca BrandsDapper LabsAppWorks VenturesRed Beard VenturesFabric Ventures
Due operates a global payment platform built on decentralised, interoperable networks, offering borderless multi-currency accounts that let users send, receive, hold and exchange digital currencies and stablecoins.
Crypto & Web3Fintech
Co-investorsYAP Capital
Ethereum Comments Protocol (ECP) provides an SDK and embeddable components for developers to add onchain comments to their applications, storing comments on Ethereum where they are cryptographically signed and accessible to other apps and smart contracts.
Crypto & Web3Developer ToolsSocial
FairMath develops fully homomorphic encryption (FHE) cryptographic infrastructure that allows computation on encrypted data, enabling private AI model training and inference as well as confidential blockchain transactions and smart contracts.
AI & Machine LearningCrypto & Web3Cybersecurity
Co-investorsNazare Venturesgumi Cryptos Capital (gCC)
Farcaster is a decentralized social network where users own their identity, aimed at connecting people and building software on top of the network.
Crypto & Web3Social
Co-investors1confirmationArchetypeLemniscapStandard CryptoBalaji Srinivasan
Fluence is a decentralized "cloudless" computing platform that combines blockchain with high-performance computing to let developers build and scale applications without relying on centralized cloud providers.
AI & Machine LearningCloud ComputingCrypto & Web3Deep Tech
Evgeny Ponomarev(Co-Founder & COO, Cloudless Labs)inTom Trowbridge(Co-Founder & CEO, Cloudless Labs)Dmitry Kurinskiy(Co-Founder & CTO, Cloudless Labs)Bernhard Borges(Chief Scientist, Cloudless Labs)
Co-investorsMulticoin CapitalSignum Capital1kx
Folks Finance is a decentralized finance (DeFi) protocol that lets users supply crypto assets to earn rewards and use those assets as collateral to borrow other digital assets.
Crypto & Web3Fintech
Co-investorsBlack DragonBorderless VentureCoinbase VenturesDanu VenturesMajinx CapitalMapleblock Capital+3 more
Freename is an ICANN-accredited Web3 domain registrar that lets users register traditional and blockchain-based domains, create their own decentralized top-level domains (TLDs), and earn royalties on domains registered under them.
Crypto & Web3SaaS
Davide(CEO)
Co-investorsBlockchain Founders FundEntrée CapitalGolden Record VenturesSparkle Ventures
Gearbox provides institutional credit infrastructure for tokenized real-world assets and stablecoins, offering margin, prime brokerage, and portfolio loan products.
Crypto & Web3FintechSaaS
Co-investorsPlaceholder VC1kxPlaceholderVariant Fund
Co-investorsSancus Ventures
Intuition is a decentralized knowledge network with a native blockchain and token-curated knowledge graph for "Information Finance," turning facts, claims, and signals into verifiable, tradable data assets.
AI & Machine LearningCrypto & Web3Data & InfrastructurePortland, US
Khalil Zaidan(LLC Manager)Andrew Cox(Founder)
Co-investorsF-Prime CapitalWWVenturesKhosla Ventures
Kredete provides cross-border payment services for diaspora communities and emerging-market populations.
AI & Machine LearningFintechNew York City, US
Co-investorsExpert DOJONeer Venture PartnersTechstarsAfricInvestBlockchain Founders FundTeam Ignite Ventures
Liquorice is a DeFi platform that connects solvers, market makers, and liquidity providers through a unified API and creates overcollateralized lending markets for professional trading firms.
Crypto & Web3Fintech
Co-investorsGreenfield
Streaming service offering Black cultural content.
Co-investorsBase Venture Management, Inc.Bronze InvestmentsMaC Venture CapitalBlack OperatorFaculty GroupOcterra Capital+1 more
Woodland Hills, US
Daniel Tanjeloff(Executive Officer, Director)Nathaniel Parker(Executive Officer, Director, Promoter)
BoardDavid Oyelowo(Executive Officer, Director)
Co-investorsFaculty GroupOcterra CapitalTether
Co-investorsTRIVE
Mellow provides API-first infrastructure that lets fintechs, neobanks, exchanges, wallets, and custodians offer branded yield and earn programs to their users without in-house DeFi expertise.
Crypto & Web3FintechSaaS
Co-investorsArrington CapitalBloccelerate VCLemniscapParaFi CapitalArrington XRP Capital
Paragraph is a publishing platform with an integrated AI agent that automates content creation, editing, and distribution across multiple channels including blogs, newsletters, social media, and landing pages.
AI & Machine LearningCreator EconomySaaS
Denis Nazarov(Founder)
Co-investors2050A.Capital VenturesCatcherVCFourth Revolution Capital (4RC)IDEO CoLab VenturesIOSG Ventures+5 more
Naptha.ai helps businesses adopt agentic software development by addressing AI agent interaction problems that lead to poor user experience and churn.
AI & Machine LearningDeveloper ToolsEnterprise Software
Co-investorsPaper Ventures
Co-investorsPaper Ventures
Nevermined provides infrastructure and billing solutions for AI agents, enabling them to operate profitably.
AI & Machine LearningCrypto & Web3Developer ToolsFintechSaaS
Co-investorsGenerative VenturesMentha PartnersSignature Ventures
Neynar is a software platform for building games, commerce, agents, and social applications on the Farcaster protocol.
Crypto & Web3Developer ToolsSocialWilmington, US
Manan P(Founder)Rishav (Rish) Mukherji(Founder)
Boarddwr.eth
Co-investorsCoinbase VenturesHaun VenturesZee Prime CapitalSina HabibianUnion Square Ventures (USV)Very Serious Ventures
Ownera provides digital infrastructure solutions for capital markets, enabling financial institutions to digitize and operate securities and financial assets using blockchain-based technology.
Cloud ComputingCrypto & Web3Data & InfrastructureEnterprise SoftwareFintech
Ami Ben-David(Founder & CEO, Member of the Board)Yuval Carmel(Co-Founder & Chief Technology Officer)
Co-investorsVolution Ventures
Rise is a global payroll and payments platform for hiring and paying international contractors and full-time employees, supporting both fiat local currencies and cryptocurrencies.
Crypto & Web3FintechHR Tech
Andrew Maurer(Founder)inIan Chan(Founder)in
Co-investorsDigital Currency GroupDraper AssociatesRyze LabsWWVentures
Safe (formerly Gnosis Safe) develops on-chain smart wallet and multisig infrastructure for the crypto ecosystem, including a smart wallet SDK, multisig interface, recovery modules, and transaction builder.
Crypto & Web3CybersecurityFintech
Lukas Schor(Founder)in
Co-investorsBitDAOBlockchain CapitalBollinger Investment GroupCoinbase VenturesCollider VenturesFenbushi Capital+10 more
Co-investorsEmfarsis
Co-investorsAfterWork Ventures
Stardust is an advertising platform for mobile app and game marketers, running automated user-acquisition campaigns on iOS and Android with support for MMPs such as AppsFlyer, Adjust, Tenjin, and Singular.
AdTechGamingMarketing Tech
Marcus F.(Founder)in
Co-investorsBackedBlockchain CapitalDelta BlockchainLattice CapitalMantis CapitalMaven 11+1 more
Sygnum is a Swiss- and Singapore-based regulated digital asset banking group serving professional and institutional investors.
Co-investorsFenbushi CapitalMirana VenturesSCB 10XFulgur VenturesVinaCapital Ventures
TACEO builds a privacy layer for public blockchains, offering composable primitives for confidential stablecoin payments, private treasury and DeFi operations, identity verification without exposing user data, and confidential transactions for AI agent commerce.
Crypto & Web3CybersecurityDeveloper Tools
Co-investorsArchetypePragma Ventures
Telegram is a cross-platform messaging application with encrypted, self-destructing messages, multi-device sync, and large group chats.
ConsumerMedia & EntertainmentSocial
Co-investorsAcquire FiAfford.CapitalAlphabit FundAngelONE CapitalArrington CapitalAsia GreenTech Fund+48 more
Trace provides a payments and stablecoin infrastructure API that converts BRL to stablecoins via PIX in under a minute, offers BRL, USD and EUR accounts, and settles cross-border payments around the clock.
Crypto & Web3Data & InfrastructureFintechSão Paulo, BR
Leone Parise(Founder)
Co-investorsHOF Capital
Zerion is a self-custodial, multichain wallet and data platform that aggregates assets and positions across 58+ blockchains in real time, offering swap routing, trading, and an API for wallet data access.
Crypto & Web3Data & InfrastructureFintechSan Francisco, US
Evgeny Yurtaev(Founder & CEO)in
Co-investorsAlliance DAO (ex DeFi Alliance)BitDAODigital Currency GroupMantle NetworkMosaic VenturesPlaceholder VC+8 more
Zodia Markets provides digital asset brokerage and exchange services for institutional clients, including over-the-counter trading with voice and electronic settlement and multi-local rail accounts for cross-border capital movement.
Crypto & Web3FintechLondon, GB
Nick Philpott(Founder)
Co-investorsSC VenturesPharsalus CapitalToken Bay Capital
Zynk is a cross-border payment infrastructure platform that provides APIs for instant global settlements, converting and moving assets across blockchains, banks, and currencies in real time without pre-funding or treasury management.
Crypto & Web3Data & InfrastructureFintech
Prashanth Swaminathan(Founder)inAbhishek Pitti(Founder)inManish Bhatia(Founder)in
Co-investorsAlliance DAO (ex DeFi Alliance)Hivemind Capital PartnersCoinbase VenturesHivemind Capital LLCTranspose Platform ManagementTykhe Ventures
Portfolio news
latest coverage across their companiesFluence · investing.com · Aug 20, 2026
Bio Protocol · cryptobriefing.com · Aug 5, 2026
Zerion · tradingview.com · Jun 30, 2026
Intuition · investgame.net · Jun 29, 2026
Mirror · baynews9.com · Jun 24, 2026
Mansa · latimes.com · Mar 11, 2026
Sygnum Bank · phemex.com · Jan 29, 2026
Rise · help.elitetraderfunding.com · Nov 20, 2025
Frequently asked questions
- How many investments has Polymorphic Capital made?
- Polymorphic Capital has 50 tracked investments, including 1 dated in the last 24 months.
- What stage does Polymorphic Capital invest at?
- Polymorphic Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Polymorphic Capital focus on?
- Polymorphic Capital focuses on Crypto & Web3, Fintech.
- Does Polymorphic Capital lead rounds?
- Yes, Polymorphic Capital leads investment rounds.
- Who does Polymorphic Capital co-invest with?
- Polymorphic Capital most often shares deals with Coinbase Ventures, ParaFi Capital, Signum Capital, among 83 tracked co-investors.
From the blog
visit blog ↗Recent posts focus on fully homomorphic encryption—including a portfolio company's research collaboration with NVIDIA on privacy-preserving AI and a technical overview of FHE development areas—plus a practical piece on gaps in standard SAFE agreements for investors. AI summary
Images
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