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Spice Capital

Venture capitalActively deploying

New York · Pre-Seed–Seed · 2 people tracked

Find your way into Spice Capital

2,658 people in our graph share verified history with the Spice Capital team — schools, employers, funds. One of them is your warm intro.

David Phuunlockedknows Maya Bakhai · together at PwC (overlapped)
×8knows the team · via PwC
knows the team · via New York University
×2knows the team · via NYU Stern School of Business
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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.

Stage
Pre-Seed–Seed
Check
$100K – $250K
HQ
New York, NY, US
Leads rounds
Follows
Founded
2021
Last 12 months
1 investment
Tracked investments
61

Team · 2 people

from the firm's website

What they invest in

from 46 of 61 portfolio companies

AI & Machine Learning ×17SaaS ×13Consumer ×11Fintech ×11Crypto & Web3 ×10Creator Economy ×8Developer Tools ×7Healthtech ×6

HQs:United States×27United Kingdom×1India×1Mexico×1

Who they back

founder profiles across 18 portfolio companies
39%
solo founders
7 of 18 mapped founding teams
71%
repeat founders
of 28 founders with career history

Founding team size:solo founder×72 founders×73 founders×34+ founders×1

Where their founders studiedfrom 23 founders with education data

École Polytechnique ×3Harvard Business School ×2Northwestern University ×2The Cathedral and John Connon School ×2

Where their founders worked beforefrom 28 founders with career history

Goldman Sachs ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×6

1 founders hold a PhD · 4 hold an MBA (of 24 with degree data)

Investments · 61 tracked

founders shown can be your intro path

By year:2025 · 32022 · 32014 · 17 dated

Coinbasecoinbase.comin𝕏Nasdaq: COIN

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(Co-founder & CEO)inFred Ehrsam(Co-founder)inEmilie Choi(President & COO)inAlesia Haas(Chief Financial Officer)inPaul Grewal(Chief Legal Officer & Secretary)inLawrence (L.J.) Brock(Chief People Officer)

PartnerMaya Bakhai· solo GP

Co-investors1confirmationA.Capital Venturesa16z cryptoAcrew CapitalAndreessen HorowitzAnsa Capital+54 more

Accessgridaccessgrid.comin𝕏Sep 2025

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 ToolsHardwareSaaSMiami, US

Auston Bunsen(Executive Officer, Director, Promoter)in

PartnerMaya Bakhai· solo GP

Co-investorsEx/AnteExceptional CapitalHarlem Capital PartnersTranspose Platform Management

Affinitiaffiniti.finance

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

Sahil Phadnis(Founder)in

PartnerMaya Bakhai· solo GP

Co-investorsEvolution VenturesLightShed VenturesSignalFireIndicator VenturesMontage Ventures

Americanspendamericanspend.comin𝕏

Spend Market is an information market where users can trade on consumer spending outcomes across retailers and categories, powered by transaction-level data from millions of monthly purchases.

Crypto & Web3Data & InfrastructureFintechMarketplacesSaaS

PartnerMaya Bakhai· solo GP

Anonanon.com

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)

Ask Laurelask-laurel.com

Laurel provides recommendations and guidance on air purifiers, focusing on HEPA and activated carbon filter technologies for reducing indoor air pollutants including particulates, volatile organic compounds, and harmful chemicals.

ConsumerHealthtechWellness & Fitness

PartnerMaya Bakhai· solo GP

Bananabanana.dev𝕏

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

beehiivbeehiiv.comin𝕏

beehiiv is a publishing platform for creators, publishers, and brands to build and grow newsletters, websites, podcasts, and communities.

Creator EconomyMarketing TechMedia & EntertainmentSaaSNew York, US

Jake Hurd(Cofounder)Tyler Denk(Cofounder)inBenjamin Hargett(Cofounder)in

PartnerMaya Bakhai· solo GP

Co-investors359 CapitalBlue Wire CapitalCollectivConnect VenturesCreator VenturesLightspeed Venture Partners+5 more

Bonsidebonside.com

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

Capsulegetpara.comin𝕏

Para simplifies blockchain interaction for developers and users through tools and services.

Crypto & Web3Developer ToolsFintech

PartnerMaya Bakhai· solo GP

Cartridgecartridge.gg𝕏

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

Confetticonfetti.win

PartnerMaya Bakhai· solo GP

cybercyber.co

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 & InfrastructurePalo Alto, US

Zhimao Liu(Founder)

PartnerMaya Bakhai· solo GP

Co-investorsDraper DragonINCE CapitalIOSG VenturesLattice CapitalMulticoin CapitalHashed

Daisydaisy.so

Daisy is a next-generation media company that develops AI-driven storytelling products for creative professionals.

AI & Machine LearningCreator EconomyMarketing TechMedia & Entertainment

PartnerMaya Bakhai· solo GP

Denonchainden.com

PartnerMaya Bakhai· solo GP

Co-investorsBlockwalldlabLemniscap

Dirt Privatedirt.fyi𝕏

PartnerMaya Bakhai· solo GP

Co-investorsCollab+Currency

Drinkhurraydrinkhurray.com

PartnerMaya Bakhai· solo GP

Frontfront.comin𝕏

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(Co-founder & CEO)inLaurent Perrin(Founder/CTO)in

PartnerMaya Bakhai· solo GP

Co-investorsBattery VenturesCoatue ManagementFundersClubHypothesisITERATIVEKima Ventures+8 more

FWBfwb.help𝕏

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

GetChangegetchange.ioin𝕏May 2022

Change offers a tool for law firms to manage commercial co-venture (CCV) campaigns for their clients, including tracking multi-state filing requirements and deadlines, launching campaigns through a single CCV agreement with a partner donor-advised fund, and processing CCV-related donations.

AI & Machine LearningFintechImpact & Social GoodLegalTechSaaSSan Francisco, US

Amar Shah(Executive Officer, Director)inSonia Nigam(Executive Officer, Director)in

PartnerMaya Bakhai· solo GP

Co-investorsNew Enterprise Associates (NEA)

Girlbeergirlbeer.com

Girl Beer is a light beer brand marketed for casual consumption.

ConsumerDirect to ConsumerFoodTech

PartnerMaya Bakhai· solo GP

Glifglif.appin𝕏

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 Horowitz

Glitziglitzi.com.mxin𝕏

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

Gosailgosail.app

PartnerMaya Bakhai· solo GP

Healioshealios.org.ukin

Healios provides clinical assessment and therapeutic services for children, young people, adults and families, with a focus on neurodevelopmental conditions and mental health support delivered through both virtual and in-person modalities.

Digital HealthHealthtechMental HealthUnited Kingdom, GB

Co-investorsAlbionVCInHealth VenturesAIF

Heatheat.tech

PartnerMaya Bakhai· solo GP

Co-investorsSamsung Next

hevaheva.coinMar 2025

Heva operates an AI-powered medical tourism platform that matches patients with verified healthcare providers abroad, covering fields such as dental, cosmetic surgery, orthopedics, cardiac care, ophthalmology, and bariatric procedures.

AI & Machine LearningDigital HealthHealthtechMarketplacesNew York City, US

Varun Annadi(Executive Officer, Director)inHector Terrero(Director)

PartnerMaya Bakhai· solo GP

Co-investorsTechstarsThe MBA FundBenchstrength Partners

Hugging Facehuggingface.coin𝕏

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)inClement Delange(Executive Officer, Director)Clément Delangue(Co-founder & CEO)inThomas Wolf(Co-founder & CSO)in

PartnerMaya Bakhai· solo GP

Co-investorsA.Capital VenturesAIX VenturesBetaworksCoatue ManagementConnetic VenturesFelicis Ventures+18 more

Hurraysgirlbeerhurraysgirlbeer.com

A blueberry lavender flavored beer product.

ConsumerDirect to ConsumerE-commerce

PartnerMaya Bakhai· solo GP

Hypehype.memein𝕏

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

ImmortalSep 2022 · $12M

Los Angeles, US

Jason Johnson(Executive Officer)Bryan Johnson(Executive Officer, Director)

Co-investorsAnimoca BrandsBlockwallComma3 VenturesGreenfield OneImmutableKima Ventures+4 more

Immortalimmortal.game

PartnerMaya Bakhai· solo GP

Co-investorsEmblemMoonfire Ventures

Impracticalboundo.comin𝕏

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)inSamik Shrotriya(Founder)in

PartnerMaya Bakhai· solo GP

Co-investorsY Combinator

Jokeracejokerace.xyz

PartnerMaya Bakhai· solo GP

Co-investorsBitDAOMantle Network1kx

Kindbodykindbody.comin𝕏

Kindbody is a fertility care provider offering services such as egg freezing, IVF, IUI, and prenatal and gynecological care through its own clinics across the US.

Digital HealthFemTechHealthtechSan Francisco, US

Dr. Lynn Westphal(Co-founder)Gina Bartasi(Executive Officer, Director)inFahimeh Sasan(Founding Physician / Ob-Gyn)inAngeline 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

Koopkoop.xyz

Koop develops financial products for consumers.

ConsumerFintech

Natalia MurilloAndres Gutierrez

PartnerMaya Bakhai· solo GP

Co-investors1confirmationAmbush CapitalAlley Robotics VenturesBee PartnersSure VenturesUbiquity Ventures+1 more

Moonlightmoonlight.worldin𝕏

Moonlight is a digital platform that offers a collection of indie-created tarot and oracle decks in virtual form, allowing users to access guidebooks, view artwork in detail, and conduct shared readings with friends or clients.

ConsumerCreator EconomyMarketplacesMedia & EntertainmentWellness & Fitness

PartnerMaya Bakhai· solo GP

Co-investorsRed Swan Ventures

MUBImubi.com𝕏Jul 2014

MUBI is a film streaming service offering curated movies and series on demand, along with weekly cinema tickets and Notebook, a print magazine about cinema culture.

ConsumerMedia & EntertainmentSan Francisco, US

Efe Cakarel(Executive Officer, Director)inMathieu Verbeeck(Executive Officer)in

BoardEduardo Costantini(Director)Michael Lousteau(Director)Harvey Goldstein(Director)

PartnerMaya Bakhai· solo GP

Co-investorsAglae VenturesBridford Investments (Bridford Group)IPR.VCMMC VenturesNew Ground VenturesSummit Partners+1 more

Myaestheticmyaesthetic.ai

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 Foodseatnino.comDefunct

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 VentureseSeedSoma Capital

Opalopalcamera.com

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

Ownersjoinowners.com

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

P00Lsp00ls.ioin𝕏

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

Prosper HealthinJan 2025

HealthtechWeston, US

Benjamin Schecter(Executive Officer, Director)

BoardLexi Henkel(Director)in

PartnerMaya Bakhai· solo GP

Co-investorsMaverick Ventures

Rainbowrainbow.me𝕏

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+3 more

Resolvd AIresolvd.aiin

Resolvd builds AI-based "digital workers" that run administrative back-office workflows for healthcare organizations, starting with healthcare supply chain operations.

AI & Machine LearningEnterprise SoftwareHealthtechSaaSNew York City, US

Ananth Manivannan(Founder)in

PartnerMaya Bakhai· solo GP

Co-investorsBetaworksMozilla Ventures

Reviewmyinvestorreviewmyinvestor.com

PartnerMaya Bakhai· solo GP

Runner Xrunner-x.com

PartnerMaya Bakhai· solo GP

Sedarosedaro.comin

Sedaro builds digital engineering and simulation infrastructure for national security missions, enabling complex systems to be designed, predicted, and decided upon with confidence through rigorous simulation.

AI & Machine LearningCloud ComputingDeep TechDefense TechEnterprise SoftwareSaaSSpace Tech

Robbie(Head of Product and Business Strategy)Bas(Head of Platform Development)Daniel(Head of Operations and Financial Strategy)

PartnerMaya Bakhai· solo GP

Co-investorsEarly Light VenturesVTC Ventures

Skejskej.comin𝕏

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

Startupofferstartupoffer.helpin

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

Stationstation.express

PartnerMaya Bakhai· solo GP

Co-investorsiSeed

Symphonyossymphonyos.co

Symphony (Cue + Simmy) is an AI-powered music marketing platform that uses named agents to handle smart links, pre-save campaigns, ad planning, and fan outreach for artists and labels.

AI & Machine LearningCreator EconomyMarketing TechMedia & EntertainmentSaaS

Megh Vakharia(Co-founder & CEO)inChuka Chase(Co-founder)in

PartnerMaya Bakhai· solo GP

The Every Companytheeverycompany.comin𝕏

EVERY® manufactures animal-free egg white proteins using precision fermentation technology for food and beverage manufacturers.

AgTechBiotechFoodTechDaly City, US

PartnerMaya Bakhai· solo GP

Co-investorsBloom8Blue Horizon CorporationQC·VENTURESVamosVenturesStarlight Ventures

The EVERY Companyevery.comin𝕏

EVERY produces animal-free egg white proteins using precision fermentation for use as functional ingredients in food and beverage applications.

BiotechFoodTechDaly City, US

PartnerMaya Bakhai· solo GP

Co-investorsAgronomicsUnruly CapitalBloom8Grosvenor Food & AgTechMcWin Capital PartnersProsus Ventures+2 more

Toolinglore.xyzin

Tooling is a US company building a co-ownership protocol paired with a social trading application.

Creator EconomyFintech

PartnerMaya Bakhai· solo GP

Co-investors500 GlobalLemniscapMulticoin CapitalNIVReciprocal VenturesNew Enterprise Associates (NEA)

Useparalleluseparallel.com

PartnerMaya Bakhai· solo GP

Co-investorsVine Ventures

Utopia Labsutopialabs.comMay 2022Acquired

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 Websitevacation.inc𝕏

Vacation is a luxury sunscreen brand that combines modern dermatological science with a premium sensory experience, featuring fragrances developed with renowned parfumeurs.

ConsumerWellness & FitnessMiami, US

BoardDr. Elizabeth Hale(Chief Medical Advisor)

PartnerMaya Bakhai· solo GP

Co-investorsREDO VenturesTrue Beauty Ventures

Exits · 1

IPOs and acquisitions across the tracked portfolio

CoinbaseNasdaq: COIN

Portfolio news

latest coverage across their companies

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 3 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, Betaworks, Collab+Currency, among 120 tracked co-investors.

Media · Podcasts & interviews

featuring the team

2025 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

Images

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