Fundraising Fox

Protagonist

Venture capitalActively deploying

Bay Harbor Islands · Pre-Seed–Series A · 7 people tracked

Also known as Protagonist AI · Protagonist Eluve · Protagonist Equities Odyssey · PROTAGONIST MANAGEMENT LLC · Protagonist ROAM · Protagonist Soma

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Investment thesis

Protagonist invests in ambitious founders building early-stage emerging technology businesses, positioning founders as the main characters of their own stories. The firm describes itself as founder-led, emphasizing its own founding experience as a way to relate to and support the entrepreneurs it backs.

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Series A
Check
$10K – $1M
HQ
Bay Harbor Islands, Florida, US
Leads rounds
Follows
Instruments
Equity
Founded
2022
Last 12 months
1 investment
Private fund assets
$443.4M
VC funds
14
Tracked investments
93

Team · 7 people

from the firm's website & public directories
James Norris· Partner, CFO & Chief Compliance Officerin
Sevan Avakian· Partner, General Counsel and Chief Operating Officer

What they invest in

from 57 of 93 portfolio companies

AI & Machine Learning ×22Crypto & Web3 ×22Fintech ×19Consumer ×13Enterprise Software ×12Data & Infrastructure ×9Developer Tools ×7Cybersecurity ×5

HQs:United States×24France×3United Arab Emirates×2Finland×1United Kingdom×1Hong Kong×1

Who they back

founder profiles across 29 portfolio companies
38%
solo founders
11 of 29 mapped founding teams
47%
repeat founders
of 17 founders with career history

Founding team size:solo founder×112 founders×163 founders×14+ founders×1

Where their founders studiedfrom 16 founders with education data

Massachusetts Institute of Technology ×2

Where their founders worked beforefrom 17 founders with career history

AMD ×2RBC Capital Markets ×2

Accelerator rootsportfolio companies that came through a program

Entrepreneur First ×3

Investments · 93 tracked

founders shown can be your intro path

By year:2025 · 42024 · 12023 · 32022 · 22021 · 111 dated

1Money1moneynetwork.comin𝕏

1Money builds a decentralized payment network for stablecoin and tokenized deposit transfers, designed for global financial settlements.

Crypto & Web3Fintech

Matt Shroder(Founder)Brian Shroder(Founder)in

Co-investorsA100X VenturesCMT Digital VenturesEthereal Ventures Management Ltd.F-Prime CapitalGenerative VenturesHack VC+2 more

Agentioagentio.comin𝕏

Agentio is an AI infrastructure platform that enables brands to buy creator media at scale.

AdTechAI & Machine LearningCreator EconomyMarketing TechNew York, US

Arthur Leopold(Co-Founder and CEO)inJonathan Meyers(Co-Founder and CTO)in

BoardSarah Tavel(Benchmark director)inEurie Kim(Forerunner managing partner / Series B investor)

Co-investorsAlleyCorpAntlerAntler AustraliaBackwards CapitalCraft VenturesForerunner Ventures+2 more

Aionaion.xyz

Aion builds and deploys machine learning models, agents, and engineering teams that help organizations move from experimentation to production.

AI & Machine LearningDeveloper ToolsEnterprise Software

Jayden Watson(Founder)in

Co-investorsNazare VenturesStreamlined Ventures

Anokianoki.aiin𝕏Nov 2023

Anoki builds ContextIQ, a multimodal AI platform for Connected TV (CTV) that analyzes video at the scene level to enable brand-suitable, contextually relevant ad placements.

AdTechAI & Machine LearningMedia & EntertainmentSan Carlos, US

Raghu Kodige(Executive Officer, Director)Ashish Baldua(Executive Officer, Director)

BoardUllas Naik(Director)in

Co-investorsStreamlined Ventures

Aoriaori.io𝕏

Infrastructure for high-frequency intent execution on any chain

Aptos Labs
Aragoarago.incin

Arago develops a photonic AI accelerator chip that uses light-based computing to reduce energy consumption for AI workloads.

AI & Machine LearningDeep TechEnterprise SoftwareHardwareParis, FR

Nicolas Muller(CEO)inEliott Sarrey(CTO)in

Co-investorsEarlybird Venture CapitalEntrepreneur First

Bird Buddymybirdbuddy.comin𝕏Oct 2021

Bird Buddy makes a smart bird feeder with a built-in camera (Nature Cam Pro) that captures 2K video and photos and uses AI to recognize bird species, paired with a mobile app that lets users view and share bird activity in their garden.

ConsumerHardwareIoTKalamazoo, US

Franci Zidar(Chief Executive Officer)Kyle Buzzard(Director)Tom Vodopivec(Chief Operating Officer)Michael Dietz(Chief Technology Officer)Benjamin Kumalic(Vice President of Growth)Henrik Fuglsang(Vice President of Supply Chain)

Co-investorsBackedBoscarol d.o.o.Fundamental VenturesGeneral CatalystSilicon GardensAdjacent V4+1 more

Blokblok.aiin𝕏acquired by Magenta Homes · Nov 2023

Blok is a digital real estate agency that helps homeowners sell properties with lower commission fees (averaging €6,000 savings) and provides an advanced valuation tool for property assessment.

B2B MarketplacesPropTechSaaSFinland, FI

Juha Jokela(Co-Founder & CTO)inOlli Gunst(Co-Founder & CMO)inRudi Skogman(Co-Founder & CEO)inSamu Hautala(Co-Founder (Lead Developer))in

Co-investorsBonnier CapitalLifeline VenturesManta Ray VenturesBlank VenturesMaC Venture CapitalPICUS CAPITAL+1 more

Blokblok.fitinDefunct

Blok provides a platform where fitness instructors can offer live classes, sell recorded content, monetize specialized services, manage brand partnerships, and build their own branded communities.

ConsumerSan Francisco, US

Sahana Rajasekar(Founder)in

Co-investorsY CombinatorBlank VenturesLifeline VenturesMaC Venture CapitalRackhouse Venture Management Lp

Blokjoinblok.coin

Seldon is a product development tool that uses synthetic personas modeled from real user behavior to surface bugs, friction, and design insights before product launch.

Developer ToolsEnterprise Software

Co-investorsLigature VCRackhouse Venture Management LpMaC Venture Capital

Campcampnetwork.xyz𝕏

Camp Network is a Layer-1 blockchain for intellectual property infrastructure, providing a global IP registry that lets users own and monetize their IP and enables AI agents to train on user-owned IP.

AI & Machine LearningCrypto & Web3Data & Infrastructure

James Chi(Founder)inNirav Murthy(Founder)in

Co-investors1k(x)1kxBlockchain CapitalEterna CapitalHyperithmMarin Digital Ventures+6 more

ClearGridcleargrid.aeinMar 2025 · $10M

ClearGrid is a debt resolution platform that works with lenders to help borrowers view their balances, set up payment plans, and manage repayments at their own pace.

FintechSaaS

Mohammad Al Zaben(Founder)in

Co-investorsNuwa CapitalRAED VenturesWamda Capital9Yards CapitalBECO CapitalEndeavor Catalyst

ClearGridcleargrid.ai

ClearGrid is an AI-powered platform that transforms operational data into automated workflows and actionable insights for financial services institutions.

AI & Machine LearningEnterprise SoftwareFintech

Co-investorsAnnex Investments

Cognigetcogni.comin𝕏

Cogni is a mobile cryptocurrency wallet application that enables users to manage and control their crypto and digital assets across multiple blockchain networks in a single interface.

AI & Machine LearningCrypto & Web3FintechNew York City, US

Co-investorsSenaHill PartnersTechstarsWorldQuant Ventures

Credit Geniecreditgenie.comin

Credit Genie is a personal finance mobile app offering "Cash Boost" cash advances of up to $150 with no interest or credit check, along with spending insights, recurring-charge tracking, and an AI assistant called AskGenie.

AI & Machine LearningConsumerFintech

Co-investorsKhosla Ventures

Deblockdeblock.comin𝕏

Deblock offers a current account with a 4% annual yield paid daily, combined with access to crypto-assets and precious metals.

Crypto & Web3Fintech

Mario Eguiluz Alebicto(Founder)inAaron Beck(Founder)Adriana Restrepo(Founder)Jean Meyer(Founder)

Co-investorsCommerzVenturesHeadlineHeadline Growth Management, LLCHoxton VenturesKima VenturesSpeedinvest+5 more

Defidevcorpdefidevcorp.comin𝕏
DFDV
Dialectdialect.toin𝕏Feb 2022Acquired

Dialect provides infrastructure for Web3 user experiences, offering Blinks (embedded blockchain transactions) and Alerts (onchain notifications) that integrate directly into digital platforms without redirects.

Crypto & Web3Developer ToolsEnterprise SoftwareNew York City, US

Chris Osborn(Founder)in

Co-investorsElectric CapitalMulticoin CapitalY Combinator500 GlobalAsymmetricHearstLab+4 more

Diamond Standarddiamondstandard.coin𝕏

Diamond Standard turns certified natural diamonds into standardized, blockchain-linked commodities that investors can buy and trade.

Advanced ManufacturingNew York, US

Cormac L Kinney(Executive Officer)

Co-investorsLeft Lane Capital

EigenLayereigenlayer.xyz𝕏

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)

Co-investorsa16z cryptoAndreessen HorowitzBitDAOBixin CapitalBixin VenturesBloccelerate VC+19 more

Eluve

AI assistant that automates clinical paperwork

Enhance
Enhanseenhanse.com

Enhanse is a men's skincare brand offering curated product bundles, including a two-in-one hyaluronic acid serum and moisturizer mist.

ConsumerDirect to ConsumerWellness & Fitness

Epirus

Directed energy systems using AI-orchestrated high-power microwaves for electromagnetic defense.

Co-investors5AM VenturesBVVCCenter15 CapitalDCVC (Data Collective)Inflection VenturesManhattan Venture Partners+2 more

Eraera.appin𝕏

Era is building an AI-native personal finance platform that consolidates a user's accounts, balances, transactions, and insights into a single view with automated actions.

AI & Machine LearningConsumerFintechSan Francisco, US

Jasper Lau(Founder)inLindsay B(Founder)

Co-investorsDesigner FundMaC Venture CapitalMoth FundAbstract VenturesBetaworksBoxGroup+3 more

Exowattexowatt.comin𝕏Nov 2025 · $50M

Exowatt builds modular clean energy infrastructure systems designed for 24/7 solar power generation, targeting global AI infrastructure and critical industries that require reliable, ultra-low-cost sustainable power.

AI & Machine LearningCleantechEnergyHardwareMiami, US

Hannan Happi(CEO & Co-Founder)Jack Abraham(Co-Founder; Atomic CEO)inHannan H.(Founder)in

Co-investorsAndreessen HorowitzAtomicBay Bridge Ventures ClimateBlack FlagBleu CapitalFelicis Ventures+8 more

Fhenixfhenix.ioin𝕏

Fhenix is a blockchain research and development company building FHE (Fully Homomorphic Encryption) infrastructure that lets developers run confidential computation on encrypted data in EVM-compatible smart contracts.

Crypto & Web3CybersecurityDeveloper Tools

Guy Itzhaki(Founder & CEO)inGuy Zyskind(Founder)in

Co-investorsCollider VenturesGSRHack VCMulticoin CapitalNode CapitalAmber Group+14 more

GigaBrain
Glacisglacislabs.comin𝕏

Glacis Labs builds Zero Delta, a settlement network that matches institutional order flow to execute large digital asset trades and cross-border remittances with zero slippage and no prefunded float.

Crypto & Web3Enterprise SoftwareFintech

Cofounder (JPMorgan, Spruce)(Cofounder)Technical Cofounder(Technical Cofounder)

Co-investorsArrington CapitalEdessa CapitalPaper VenturesArrington XRP CapitalLightspeed Faction

Glacisglacis.comin𝕏

Glacis builds AI agents for procurement and sourcing that raise and confirm purchase orders, follow up on outstanding responses, and maintain supplier records, letting buyers focus on exceptions rather than routine queue work.

AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain

Halcyonhalcyon.aiin𝕏

Halcyon builds a dedicated anti-ransomware platform that operates across the full attack chain — from initial access to data exfiltration and encryption — adding a detection, protection, and recovery layer within an organization's existing security stack.

AI & Machine LearningCybersecurityEnterprise SoftwareSan Diego, US

Jon Miller(Chief Scientist & Co-Founder)inRyan Smith(CTO & Co-Founder)inJeff St. Clair(Chief Revenue Officer)

Co-investorsDnx VenturesEvolution Equity PartnersGula Tech AdventuresHarmony PartnersNext47Syn Ventures Seed Management Llc

Holonymholonym.id

Holonym builds "Human Keys," a system for privacy and security in zero trust environments that gives each individual a key they alone control to access digital personhood, privacy, and security rights.

Crypto & Web3CybersecurityDeep TechWilmington, US

Nanak Khalsa(Executive Officer)

Co-investorsArrington CapitalEdessa CapitalArrington XRP Capital

Huupehuupe.com𝕏

huupe makes smart basketball hoops (the ARENA and mini) with built-in sensors that track shooting statistics such as FG%, shot angle, and trajectory, delivering live performance data to a companion app.

HardwareIoTSports TechIrvine, US

Paul Anton(Executive Officer, Director)Lyth Saeed(Executive Officer, Director)John Chuang(Director)Bob Higgins(Director)

BoardAristotle Loumis(Director)Audie Attar(Director)

Co-investorsCauseway Partnersgener8torGenesis VenturesTundra Angels

IDA

Unlock the power of stablecoins

Idafiidafi.xyz

IDA provides payment technology for cross-border commerce, remittance, and e-commerce supply chain financing, with a focus on trade corridors between Hong Kong and the Middle East and support for digital asset trading on licensed exchanges.

Crypto & Web3FintechHong Kong, HK

Co-investorsBrincCMCC GlobalHashed

Insomnia Labsinsomnialabs.ioin𝕏Jun 2022

Insomnia Labs offers a proprietary blockchain platform and managed services, including loyalty/fandom SDKs, data integrity SDKs, and white-glove token launch services.

Crypto & Web3Data & InfrastructureEnterprise SoftwareDublin, US

Chun Jiang(Executive Officer, Director)Benjamin Kramer(Executive Officer, Director)

IO.Net Accessible, cheap compute AIio.net

Co-investors6th Man VenturesBlock ConsultContinue CapitalFOMO VenturesLongHash VenturesMH Ventures+7 more

JOYMODEusejoymode.com

JOYMODE makes an all-natural, urologist-formulated daily supplement ("Performance Booster") aimed at supporting men's erectile health, blood flow, and stamina as an alternative to ED medications.

ConsumerDirect to ConsumerWellness & Fitness

Co-investorsTouch Capital

Klusterkluster.aiDefunct

kluster.ai built tools to verify AI-generated code, checking for bugs, security issues, regressions, and intent mismatches.

AI & Machine LearningCybersecurityDeveloper Tools

Co-investorsLifeX Ventures

Levitate
Levllevl.chin𝕏

Levl offers a payment suite for sending and receiving global payments in fiat currencies or stablecoins.

Crypto & Web3Fintech

Co-investorsVariant Fund

Ltvltv.aiin𝕏

LTV.ai is an AI marketing platform that automatically analyzes a brand's customer data, identifies revenue opportunities, and builds personalized email campaigns that are segmented, on-brand, and routed for approval in Slack.

AI & Machine LearningE-commerceMarketing Tech

Co-investorsCoreline Ventures

Luoluopay.co

LuoPay provides a centralized platform for making international payments, requesting quotations, and tracking account balances in real time.

Enterprise SoftwareFintechParis, FR

Hamza Benkirane(CEO)inMorgan Wirtz(CPO)in

Co-investorsEntrepreneur FirstMaC Venture CapitalSamos InvestmentsTranspose Platform ManagementAtreides ManagementCapitalG+6 more

Massmass.build

Platform for communities to build together

Miraimirai.app
Momentum
MOMENTUM MOMENTUM FINANCEmmt.finance

San Francisco, US

Wendy F(Founder)

Co-investorsCastrum CapitalRR2 CapitalVarys Capital

Mortymorty.app𝕏

Morty is a free app to find, track, and review immersive attractions such as escape rooms, haunted houses, immersive art, speakeasies, and tiki bars worldwide.

ConsumerMarketplacesSocial

Pawppawp.comin𝕏

Pawp offers an annual membership giving pet owners 24/7 on-demand access to licensed veterinarians, nurses, and technicians for virtual consultations, follow-ups, and personalized care plans.

ConsumerDigital HealthWellness & FitnessBrooklyn, US

Drew Taylor(Director)Andrew Malek(Director, Promoter)Marc Atiyeh(Executive Officer, Director, Promoter)

BoardZack Schildhorn(Director)

Co-investorsCompanion FundDCM VenturesGood FriendsHOF CapitalInnovating CapitalLux Capital+3 more

Perle AIperle.aiin𝕏

Perle provides human expert data services for AI teams, including expert-labeled training data, model evaluation, red-teaming, bias auditing, and multi-sensor robotics data collection.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Francisco, US

Ahmed Rashad(Founder)in

Co-investorsACTAI VenturesAlphaLab CapitalBig Brain HoldingsBreedCaladanCoinFund+2 more

Piepie.org

Pie is a free Chrome browser extension that blocks ads on sites including YouTube and Twitch, suppresses cookie pop-ups, and lets users choose which channels or sites to allow ads on.

AdTechConsumerCreator Economy

Co-investorsLudlow Ventures

Podpod.network𝕏

Pod Network is a Layer-1 blockchain built for high-performance, MEV-free trading markets, clearing orders in batches to remove front-running advantages.

Crypto & Web3Data & InfrastructureFintechNew York City, US

Haris Karavasilis(Founder)

Co-investors1k(x)1kxLemniscapIPV

Popcornpopcorn.space𝕏

Popcorn provides a global mobile phone plan with unlimited talk, text, and data for $69/month, covering 180+ countries with no roaming fees.

Prometheus
Protagonist-Psy Protocolpsy.xyz𝕏

Psy is a Layer 1 blockchain protocol built with a PARTH architecture and Proof of Useful Work consensus, aiming for high transaction throughput, fixed low fees, and local zero-knowledge proving so user data stays on-device.

AI & Machine LearningCrypto & Web3Cybersecurity

Co-investorsPaper Ventures

Exits · 1

IPOs and acquisitions across the tracked portfolio

Blokacq. by Magenta Homes

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Protagonist made?
Protagonist has 88 tracked investments, 1 of which have exited via acquisition or IPO, including 3 dated in the last 24 months.
What stage does Protagonist invest at?
Protagonist invests at the Pre-Seed, Seed, Series A stages.
What is Protagonist's typical check size?
Protagonist typically writes checks of $10K – $1M.
What sectors does Protagonist focus on?
Protagonist focuses on AI & Machine Learning, Consumer, Crypto & Web3, Deep Tech, Enterprise Software, Fintech, Healthtech, SaaS.
Where is Protagonist located?
Protagonist is headquartered in Bay Harbor Islands, US.
Does Protagonist lead rounds?
Protagonist typically participates in rounds rather than leading them.
Who does Protagonist co-invest with?
Protagonist most often shares deals with Paper Ventures, Edessa Capital, IOSG Ventures, among 195 tracked co-investors.

Images

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