Spice Capital
Venture capitalActively deployingNew York · Pre-Seed–Seed · 3 people tracked
Investment thesis
Early-stage investor in private technology companies focused on crypto/web3, offering equity investments plus opportunistic direct token and NFT allocations from a $10M fund.
Source: firm website, verified Aug 3, 2026.
Team · 3 people
from the firm's websiteWhat they invest in
from 45 of 60 portfolio companiesAI & Machine Learning ×14SaaS ×12Consumer ×11Crypto & Web3 ×10Fintech ×10Developer Tools ×7Creator Economy ×5Healthtech ×5
HQs:United States×17United Kingdom×1India×1Mexico×1
Investments · 60 tracked
founders shown can be your intro pathBy year:2025 · 22022 · 22014 · 15 dated
Coinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers.
Crypto & Web3FintechSan Francisco, US
Brian Armstrong(Founder/CEO)inFred Ehrsam(Co-Founder & Board Director (former President))inEmilie Choi(President & COO)Alesia Haas(Chief Financial Officer)Paul Grewal(Chief Legal Officer & Secretary)Lawrence (L.J.) Brock(Chief People Officer)
PartnerMaya Bakhai· solo GP
Co-investors1confirmationA.Capital Venturesa16z cryptoAcrew CapitalAndreessen HorowitzAnsa Capital+52 more
AccessGrid provides an API that lets organizations issue and manage digital credentials—such as corporate IDs, house keys, and car keys—stored in users' phone digital wallets instead of physical badges or fobs.
Cloud ComputingCybersecurityDeveloper ToolsHardwareSaaS
PartnerMaya Bakhai· solo GP
Co-investorsEx/AnteExceptional CapitalHarlem Capital PartnersTranspose Platform Management
Affiniti is a financial technology company offering a platform that combines banking, payments, credit cards, expense management, bill pay, and accounting automation for small and mid-sized American businesses.
FintechSaaS
PartnerMaya Bakhai· solo GP
Co-investorsEvolution VenturesLightShed VenturesSignalFireIndicator VenturesMontage Ventures
American Spend operates an information market that lets users take positions on U.S. consumer spending trends across categories like retail, travel, and groceries, settling against verified transaction data rather than forecasts.
Crypto & Web3Data & InfrastructureFintech
PartnerMaya Bakhai· solo GP
Anon builds agentic AI solutions that deploy AI agents from prototypes to production systems for SMBs and Fortune 500 companies.
AI & Machine LearningDeveloper ToolsEnterprise Software
PartnerMaya Bakhai· solo GP
Co-investorsAbstract VenturesEx/AnteImpatient VenturesPicks and Shovels (Picks & Shovels)Union Square Ventures (USV)
Laurel reviews toxicology research to recommend low-tox consumer products—such as air purifiers, water filters, clothing, and household goods—for shoppers looking to reduce chemical exposure at home.
ConsumerWellness & Fitness
PartnerMaya Bakhai· solo GP
Banana provides serverless GPU infrastructure that automatically scales compute up and down for machine learning workloads, with DevOps tooling such as GitHub integration, CI/CD, a CLI, rolling deploys, tracing, and logs.
AI & Machine LearningCloud ComputingDeveloper Tools
PartnerMaya Bakhai· solo GP
beehiiv is a publishing platform for creators, publishers, and brands to build and grow newsletters, websites, podcasts, and communities.
Creator EconomyMarketing TechMedia & EntertainmentSaaS
Jake Hurd(Cofounder)Tyler DenkBenjamin HargettJacob Hurd
PartnerMaya Bakhai· solo GP
Co-investors359 CapitalBlocmatesBlue Wire CapitalCollectivConnect VenturesCreator Ventures+5 more
Bonside provides non-dilutive, revenue-based financing for brick-and-mortar businesses, paired with Bonside Intelligence, an agentic platform for physical-location visibility.
AI & Machine LearningFintechSaaS
PartnerMaya Bakhai· solo GP
Co-investorsEverywhere VenturesFloating PointTMVThe Fund
Para provides embedded, non-custodial MPC wallets, web2/web3 authentication, and money-movement APIs (on/off ramp, send, bridge, swap) for crypto developers and applications.
Crypto & Web3Developer ToolsFintech
PartnerMaya Bakhai· solo GP
Cartridge provides infrastructure for onchain games, including a game-native wallet and identity system (Cartridge Controller) and a deterministic onchain game engine (Dojo Engine).
Crypto & Web3Developer ToolsGaming
PartnerMaya Bakhai· solo GP
Co-investorsChapter OneVOLT CAPITAL
PartnerMaya Bakhai· solo GP
Cyber is an Ethereum Layer 2 network that brings social primitives onchain and pairs them with an AI suite for crypto intelligence.
AI & Machine LearningCrypto & Web3Data & Infrastructure
PartnerMaya Bakhai· solo GP
Co-investorsDraper DragonINCE CapitalIOSG VenturesLattice CapitalHashed
Daisy is an AI studio that generates and transforms visual content, turning single frames or photos into reels, carousels, and campaigns without text prompts.
AI & Machine LearningCreator EconomyMarketing Tech
PartnerMaya Bakhai· solo GP
PartnerMaya Bakhai· solo GP
Co-investors1k(x)1kxEniac VenturesUnion Square Ventures (USV)Very Serious VenturesChapter One
PartnerMaya Bakhai· solo GP
Front is a support and sales platform that combines messaging, internal collaboration, and AI automation to handle customer requests and sales workflows.
AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSSales TechSan Francisco, US
Mathilde Collin(Founder/CEO)inLaurent Perrin(Founder/CTO)in
PartnerMaya Bakhai· solo GP
Co-investorsBattery VenturesHypothesisSinai Capital PartnersVine VenturesY Combinator
FWB is a members-only community and cultural organization for artists, technologists, and builders that organizes events, funds projects, and operates as a decentralized autonomous organization (DAO).
Creator EconomyCrypto & Web3Sector AgnosticSocialIdyllwild, US
PartnerMaya Bakhai· solo GP
Co-investorsa16z cryptoAndreessen HorowitzCoinbase VenturesCollab+CurrencyDeepTech VenturesKindred Ventures+3 more
Change is a platform for businesses to make donations to nonprofits worldwide and manage charitable compliance, automating legal filings, bonds, and agreements for giving campaigns across varying state laws.
FintechImpact & Social GoodSaaSSan Francisco, US
Amar Shah(Executive Officer, Director)Sonia Nigam(Executive Officer, Director)
PartnerMaya Bakhai· solo GP
Girl Beer is a beer beverage brand selling its product and branded merchandise directly to consumers, positioned with a humorous, tongue-in-cheek marketing style.
ConsumerDirect to ConsumerFoodTech
PartnerMaya Bakhai· solo GP
Glif orchestrates multiple AI tools to generate short-form videos, product shoots, and ad campaigns.
AdTechAI & Machine LearningCreator Economy
PartnerMaya Bakhai· solo GP
Co-investorsAndreessen HorowitzMulticoin Capital
Glitzi is a service marketplace platform in Mexico that connects users with beauty and wellness professionals for on-demand services including hairstyling, massage, and facials.
ConsumerMarketplacesMexico City, MX
Ana Ramos(Founder)inLuis Enrique Vazquez(Founder)in
PartnerMaya Bakhai· solo GP
Co-investorsY CombinatorAct One VenturesGaingelsGoodwater Capital
PartnerMaya Bakhai· solo GP
Healios provides online autism, ADHD and mental health assessment and support services for children, families, adults, employers and NHS partner organisations.
Digital HealthHealthtechMental Health
Co-investorsAlbionVCInHealth VenturesAIF
Heva operates a platform connecting international patients with healthcare providers for medical tourism services, leveraging AI matching to facilitate consultations and procedures across multiple specialties.
B2B MarketplacesHealthtechNew York City, US
Varun Annadi(Executive Officer, Director)Hector Terrero(Director)
PartnerMaya Bakhai· solo GP
Co-investorsTechstarsThe MBA FundBenchstrength Partners
Hugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications.
AI & Machine LearningCloud ComputingDeveloper ToolsBrooklyn, US
Julien Chaumond(Executive Officer, Director)Clement Delange(Executive Officer, Director)
PartnerMaya Bakhai· solo GP
Co-investorsA.Capital VenturesAIX VenturesBetaworksConnetic VenturesFelicis VenturesFirestreak Ventures+14 more
Hurray's is a beer brand selling its product directly to consumers, marketing itself with a humorous, irreverent tone.
ConsumerDirect to ConsumerE-commerce
PartnerMaya Bakhai· solo GP
Hype is a mobile application that tracks cryptocurrency trends, memecoins, and top traders in the crypto market.
ConsumerCrypto & Web3FintechNew York City, US
Ravi Bakhai(Founder)in
PartnerMaya Bakhai· solo GP
Co-investorsY Combinator
Boundo is an AI-powered sales automation platform that generates leads and manages outreach across LinkedIn and email for enterprise sales teams.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSSales TechSan Francisco, US
Simar Kohli(Founder)Samik Shrotriya(Founder)in
PartnerMaya Bakhai· solo GP
Co-investorsY Combinator
Kindbody operates tech-enabled clinics providing fertility treatments such as IVF and egg freezing, along with wellness services and LGBTQ+ family-building care.
Digital HealthFemTechHealthtechSan Francisco, US
Dr. Lynn Westphal(Co-founder)Gina Bartasi(Executive Officer, Director)Fahimeh Sasan(Founding Physician / Ob-Gyn)Angeline Beltsos, M.D.(Director)
BoardKathy Harris(Director)inCheryl Pegus(Director)
PartnerMaya Bakhai· solo GP
Co-investorsAnsa CapitalClaritas CapitalGENERAL INCEPTIONGV (Google Ventures)TMVTq Ventures Llc+3 more
Koop develops financial products for consumers.
ConsumerFintech
Natalia MurilloAndres Gutierrez
PartnerMaya Bakhai· solo GP
Co-investors1confirmationAmbush Capital
Moonlight is an online platform for tarot, offering multiplayer rooms, digital tarot decks, session booking, and access to a vetted directory of professional readers and mentors.
ConsumerMarketplacesWellness & Fitness
PartnerMaya Bakhai· solo GP
Co-investorsRed Swan Ventures
MUBI is a film streaming service that lets subscribers stream curated films and offers a weekly cinema ticket, along with Notebook, its print magazine about cinema art and culture.
ConsumerMedia & EntertainmentSan Francisco, US
Efe Cakarel(Executive Officer, Director)Mathieu Verbeeck(Executive Officer)
BoardEduardo Costantini(Director)Michael Lousteau(Director)Harvey Goldstein(Director)
PartnerMaya Bakhai· solo GP
Co-investorsAglae VenturesBridford Investments (Bridford Group)MMC VenturesNew Ground VenturesSummit PartnersSequoia Capital
MyAesthetic.ai offers an AI sales agent that monitors social media comments for product-intent signals, identifies the item being asked about, and sends shoppers a personalized link to the relevant product and checkout.
AI & Machine LearningE-commerceMarketing Tech
PartnerMaya Bakhai· solo GP
Nino Foods operates three quick-service restaurant brands (Nino Burgers, Francesco's Pizzeria, and KHA) across 20+ locations in Mumbai and surrounding areas.
ConsumerE-commerceFoodTechRetail TechMH, IN
Nishant Jhaveri(Founder)inPranav Mehra(Founder)in
PartnerMaya Bakhai· solo GP
Co-investorsY Combinator2080 VentureseSeed
Opal Electronics Inc. designs and manufactures high-end consumer electronics, having started with webcams, aimed at demanding enthusiasts who want distinctive design, feel, and function.
ConsumerHardware
PartnerMaya Bakhai· solo GP
Co-investorsCoalition OperatorsKindred VenturesOperator StackSamsung NextShrug Capital
Owners is a website-building service that creates professional websites for non-technical small business owners, handling the technical work on their behalf.
Marketing TechSaaS
PartnerMaya Bakhai· solo GP
Co-investorsBrainstorm Ventures
P00LS is a Web3 platform that lets creators launch their own ERC20 token to reward their community across NFTs and social platforms, functioning like a blockchain-based loyalty program.
Creator EconomyCrypto & Web3Social
PartnerMaya Bakhai· solo GP
HealthtechWeston, US
Benjamin Schecter(Executive Officer, Director)
BoardLexi Henkel(Director)
PartnerMaya Bakhai· solo GP
Co-investorsMaverick Ventures
Rainbow is a cryptocurrency wallet application that supports multiple blockchains, NFTs, and decentralized exchanges, offering both mobile and desktop interfaces with hardware wallet integration.
Crypto & Web3FintechNew York City, US
Christian Baroni(Founder)inJin Chung(Founder)inMichael Demarais(Founder)in
PartnerMaya Bakhai· solo GP
Co-investors6th Man VenturesCollab+CurrencyDigital Currency GroupHyperguapMischiefParaFi Capital+2 more
Resolvd builds AI agents ("digital workers") that automate hospital supply chain back-office work, including contract reconciliation, invoice-to-contract checking, three-way AP matching, and rebate recovery to recoup leaked spend.
AI & Machine LearningHealthtechSaaS
PartnerMaya Bakhai· solo GP
Co-investorsBetaworksMozilla Ventures
PartnerMaya Bakhai· solo GP
PartnerMaya Bakhai· solo GP
Sedaro provides cloud-based digital engineering and simulation software for modeling, analyzing, and developing complex mission-critical systems across space, air, land, sea, and cyber domains.
Defense TechSaaSSpace Tech
PartnerMaya Bakhai· solo GP
Co-investorsEarly Light VenturesVTC Ventures
Skej is an AI scheduling assistant that coordinates meetings via email, handling deal flow, LP relations, portfolio check-ins, diligence calls, and internal meetings.
AI & Machine LearningFuture of WorkSaaS
PartnerMaya Bakhai· solo GP
Co-investorsBetaworksMozilla Ventures
A web-based calculator that models how different salary and equity mixes in a startup job offer affect an employee's total take-home wealth at exit, accounting for factors like vesting, dilution, exit timing, and preference terms.
FintechHR Tech
PartnerMaya Bakhai· solo GP
Symphony is an AI platform offering a roster of named, single-purpose agents that handle music business operations—advertising, release management, fan data, and royalty/business affairs—for artists, labels, and distributors.
AI & Machine LearningMedia & EntertainmentSaaS
PartnerMaya Bakhai· solo GP
The EVERY Company produces animal-free egg proteins using a patented fermentation process, supplying functional protein ingredients to food companies.
BiotechFoodTech
PartnerMaya Bakhai· solo GP
Co-investorsBloom8Blue Horizon CorporationQC·VENTURESVamosVenturesStarlight Ventures
The EVERY Company produces animal-free egg protein ingredients using a fermentation-based process, supplying functional protein ingredients to food companies.
BiotechFoodTech
PartnerMaya Bakhai· solo GP
Co-investorsAgronomicsUnruly Capital
Crypto payments, payroll and treasury platform for DAOs and web3 companies; acquired by Coinbase in November 2024.
San Francisco, US
Pryce Adade Yebesi(Executive Officer, Director, Promoter)Jason Chong(Executive Officer, Director, Promoter)Alexander Wu(Director, Promoter)Kaito Cunningham(Executive Officer, Director, Promoter)
PartnerMaya Bakhai· solo GP
Co-investorsKindred VenturesParadigmCircle & Co.Circle VenturesCoinbase VenturesDistributed Global+1 more
Vacation is a sunscreen brand that emphasizes fragrance and leisure, offering dermatologist-tested formulations compliant with Hawaii Act 104.
ConsumerWellness & Fitness
PartnerMaya Bakhai· solo GP
Co-investorsREDO VenturesTrue Beauty Ventures
W.AI operates a decentralized AI infrastructure network where operators contribute GPU compute cycles and earn W COIN, the network's native protocol token used for value exchange between compute providers and consumers.
AI & Machine LearningCloud ComputingCrypto & Web3
PartnerMaya Bakhai· solo GP
Co-investorsBollinger Investment GroupGarage CapitalWeb3com Ventures
Exits · 1
IPOs and acquisitions across the tracked portfolioCoinbaseNasdaq: COIN
Portfolio news
latest coverage across their companiesCoinbase · Coinbase Blog · Aug 13, 2026
cyber · tech.eu · Aug 12, 2026
Healios · tipranks.com · Jul 27, 2026
Hugging Face · openai.com · Jul 21, 2026

Rainbow · outinperth.com · Jul 17, 2026
Glif · phemex.com · May 7, 2026
MUBI · indiewire.com · Apr 10, 2026
Bonside · prnewswire.com · Nov 13, 2025
Frequently asked questions
- How many investments has Spice Capital made?
- Spice Capital has 45 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
- What stage does Spice Capital invest at?
- Spice Capital invests at the Pre-Seed, Seed stages.
- What is Spice Capital's typical check size?
- Spice Capital typically writes checks of $100K – $250K.
- What sectors does Spice Capital focus on?
- Spice Capital focuses on Crypto & Web3.
- Where is Spice Capital located?
- Spice Capital is headquartered in New York, US.
- Does Spice Capital lead rounds?
- Spice Capital typically participates in rounds rather than leading them.
- Who does Spice Capital co-invest with?
- Spice Capital most often shares deals with Y Combinator, Andreessen Horowitz, Betaworks, among 140 tracked co-investors.
Media · Podcasts & interviews
featuring the team2025 Key Crypto Predictions (Maya Bakhai, Spice Capital)
Rehash: A Web3 Podcast · Maya Bakhai
We are honored to feature Maya Bakhai, founder of Spice Capital, in our latest podcast.
doola · Maya Bakhai
SHOWER THOTS 🚿 episode 1b because I forgot to actually say the thoughts
Spice Capital
Creativity and AI Panel June 2024
Spice Capital
Maya Bakhai Keynote Speech at NYU Stern School of Business
Spice Capital
Maya Bakhai Keynote Speech NYU Stern School of Business
Spice Capital
Images
Similar investors
AirTree Ventures is an early and growth stage venture capital firm that invests in Australian entrepreneurs. The firm provides capital and support to help founders build companies.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Blueyard is a small equal partnership with offices in the US and Europe, investing in early-stage companies.
Breyer Capital is a venture capital firm that backs high-impact entrepreneurs, making strategic investments guided by founder passion and its network of experienced investors.















.jpeg)
