Fundraising Fox

Portal Ventures

Venture capitalActively deploying

Austin Β· Seed–Late Stage Β· 4 people tracked

Also known as PORTAL VENTURES MANAGEMENT LLC Β· Portal Ventures Urbit Co Invest

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Investment thesis

Portal Ventures argues that being broadly 'bullish' or 'bearish' on crypto is meaningless, and instead breaks the space into distinct categories with different risk/reward profiles. They see finance moving on-chain and are bullish on blockchain technology adoption and continued institutional Bitcoin allocation. They view blockchain-enabled businesses (both C-Corps like Coinbase and revenue-generating protocols like Uniswap) as the most investable category today given clear product-market fit and reduced regulatory risk. They invest with high conviction in decentralized networks such as Ethereum and Solana, expecting extreme power laws, and are excited by the high-risk, high-reward category of new store-of-value monetary assets. As a venture fund, they underwrite long time horizons.

Invests inCrypto & Web3FintechSaaSAustinBaltimoreGlobal

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$1M – $10M
HQ
Austin, Texas, US
Leads rounds
Follows
Instruments
Equity
Founded
2022
AUM
$110M
Tracked investments
2

Team Β· 4 people

from the firm's website & public directories
Catrina WangΒ· General Partnerin𝕏
Ori ShimonyΒ· Venture Partnerin𝕏

What they invest in

from 2 of 2 portfolio companies

Fintech Γ—2Crypto & Web3 Γ—1

HQs:United StatesΓ—1

Investments Β· 2 tracked

founders shown can be your intro path
Vest Marketsvestmarkets.cominπ•βœ“ verified

Vest Markets offers proprietary trading accounts for derivatives traders, providing funded accounts up to $25,000 with 90% profit splits and up to 100x leverage.

Crypto & Web3Fintech

Vestvestfin.comin𝕏

Vest engineers derivatives-based investment strategies into scalable ETF and outcome-focused products for financial advisors and investors.

FintechMcLean, US

Karan Sood(Founder/CEO)inJeff Chang(President & Co-Founder)in

Frequently asked questions

What stage does Portal Ventures invest at?
Portal Ventures invests at the Seed, Series A, Series B, Series C, Late Stage stages.
What is Portal Ventures's typical check size?
Portal Ventures typically writes checks of $1M – $10M.
What sectors does Portal Ventures focus on?
Portal Ventures focuses on Crypto & Web3, Fintech, SaaS.
Where is Portal Ventures located?
Portal Ventures is headquartered in Austin, US.
Does Portal Ventures lead rounds?
Portal Ventures typically participates in rounds rather than leading them.

Co-investors Β· 22

General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
Unknown Ventures

Unknown is an investment firm focused on emerging market opportunities in live entertainment, biosciences, technology startups, and real estate, with a portfolio spanning music festivals, artist platforms, creator financial services, and event infrastructure.

Everywhere Ventures

Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.

$250K
Kraken

Kraken is a cryptocurrency exchange operating since 2011, offering crypto trading along with related services such as margin trading, staking, derivatives, and (in the US) equities brokerage through Kraken Securities LLC.

Tiger Global Management

Tiger Global is a research-driven investment firm that partners with innovative, high-quality companies over the long term across various stages of their lifecycle.

$1M – $100M
FirstMark

FirstMark is a venture capital firm that backs founders and supports them through a platform providing access to networks, customers, and talent.

$250K – $10M
Addition

Addition is a venture capital firm that invests in early and growth-stage tech companies.

$1M – $500M
Bond Capital Management

Bond is a venture capital fund spun out from Kleiner Perkins that combines Mary Meeker's famous multi-hundred-page "Trends" reports with late-stage investing, positioning itself as both a macro research house and capital provider for category-defining Internet and software businesses. The fund operates with a small, senior-heavy partnership that blends operators and growth investors, focusing on companies that have already proven product-market fit and helping them architect global expansion and IPO readiness.

$100K – $25M
BAM Ventures

BAM Ventures is an early-stage investment firm made up of experienced entrepreneurs based in Southern California, backing founders building consumer-focused technologies, products, and services that transform commerce.

$100K – $1M
Fifth Wall

Fifth Wall is an investment firm focused on technology for the built environment (PropTech), backing startups that make the spaces where people live, work, and play smarter, safer, and more energy efficient.

$250K – $100M
Lightbank

Lightbank is a Chicago-based venture capital firm that invests in early-stage technology companies and provides operational support to portfolio companies. The firm was founded by Eric Lefkofsky and Brad Keywell, entrepreneurs behind Groupon, Mediaocean, InnerWorkings, Echo Global Logistics, and Uptake.

$500K – $5M
75 & Sunny

75 & Sunny operates as both a venture fund and startup studio where Zillow co-founder Spencer Rascoff directly incubates companies like Queue while leveraging his media presence as a CNBC contributor and podcast host to give portfolio companies exposure that few small funds can match. The LA-based fund concentrates heavily on proptech and "future of living" investments while co-creating companies with unconventional capital structures like SPACs and fractional home-ownership models, drawing on Rascoff's experience navigating public markets.

$100K – $5M
β–Ά10 more co-investors

WGI GroupLa FamigliaCrosscut VenturesPlayground GlobalAltimeter Capital305 VenturesSmash CapitalParaFi CapitalNIVRebel Fund

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

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