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Bankless Ventures

North America, Virginia, United States, Norfolk

Description

Bankless Ventures is an early-stage venture capital fund dedicated to investing in the frontier of Web3. Established in 2022, the firm is an extension of the broader Bankless ecosystem, founded by the same team behind the widely recognized Bankless Media and BanklessDAO. This deep integration allows Bankless Ventures to leverage a vast network, community, and intellectual capital within the decentralized space, positioning it as a strategic partner for nascent crypto projects. The fund's primary focus is on empowering pioneers building the next generation of crypto protocols and applications.

The investment mandate for Bankless Ventures centers on pre-seed and seed-stage companies that are pushing the boundaries of Web3 innovation. Their investment thesis spans a wide array of categories within the decentralized landscape, including decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), Layer 1 and Layer 2 solutions, blockchain gaming, and core infrastructure. The fund typically deploys first checks ranging from $250,000 to $1.5 million, providing crucial early capital to promising ventures. With a reported fund size of $35 million, Bankless Ventures possesses the capacity to support multiple high-potential projects through their initial growth phases.

Beyond capital, Bankless Ventures offers a unique value proposition to its portfolio companies by integrating them into the robust Bankless ecosystem. This includes access to the Bankless Media's extensive audience for visibility, engagement with the BanklessDAO's vibrant community for feedback and talent, and strategic guidance from experienced operators in the crypto space. This hands-on, ecosystem-driven approach aims to accelerate the development and adoption of its portfolio projects. Notable investments include foundational projects like LayerZero, Arbitrum, and Optimism, underscoring their commitment to backing impactful infrastructure and application layers within the Web3 space.

Investor Profile

Bankless Ventures has backed more than 46 startups, with 20 new investments in the last 12 months alone. The firm has led 1 rounds, about 2% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Cayman Islands, Singapore.
  • Strong thematic focus on Blockchain, Cryptocurrency, Software.
  • Typical check size: $250K – $1.5M.

Stage Focus

  • Seed (63%)
  • Series A (26%)
  • Series Unknown (7%)
  • Pre Seed (2%)
  • Initial Coin Offering (2%)

Country Focus

  • United States (57%)
  • Cayman Islands (7%)
  • Singapore (7%)
  • Israel (4%)
  • Argentina (2%)
  • Canada (2%)
  • Switzerland (2%)
  • Finland (2%)
  • Bermuda (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Software
  • Information Technology
  • Web3
  • Ethereum
  • Financial Services
  • Artificial Intelligence (Ai)
  • Cloud Computing
  • Fintech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Bankless Ventures frequently co-invest with?

OKX Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 8
SevenX Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 6
NC
North America, New York, United States, New York
Co-Investments: 6
Robot Ventures
North America, New York, United States, New York
Co-Investments: 15
Maven 11 Capital
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 7
Binance Labs
Europe, NA - Malta, Malta, Birkirkara
Co-Investments: 5
Hack VC
North America, California, United States, San Francisco
Co-Investments: 9
Polychain
North America, California, United States, San Francisco
Co-Investments: 10
FC
North America, New York, United States, Nyack
Co-Investments: 6
Faction
North America, California, United States, Menlo Park
Co-Investments: 5

Which angels does Bankless Ventures often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 4
AF
North America, New York, United States, New City
Shared Deals: 2
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 5
AS
North America, California, United States, San Francisco
Shared Deals: 5
SK
North America, California, United States, San Diego
Shared Deals: 3
PT
North America, New York, United States, New York
Shared Deals: 3
SR
Europe, Monaco
Shared Deals: 3
AW
North America, California, United States, Los Angeles
Shared Deals: 2
Daniel Lubarov
North America, United States
Shared Deals: 3
Shared Deals: 3

What are some of recent deals done by Bankless Ventures?

Beam is a payment service that uses stablecoins to help people send money globally faster and cheaper.

CryptocurrencyFinTechPayments
Series UnknownMay 27, 2025
Amount Raised: $7,000,000
1Money Network Technologies

Hamilton, Hamilton, Bermuda

1Money Network Technologies is a payment network that enables users to transfer money.

BlockchainFinTechWeb3
SeedJan 15, 2025
Amount Raised: $20,000,000
Hyperbolic

Irvine, California, United States

Hyperbolic is a software development company that provides web and networking solutions to build decentralized computing platforms.

Cloud ComputingInformation TechnologyMachine LearningSoftware
Series ADec 10, 2024
Amount Raised: $12,000,000
Gevulot

Helsinki, Southern Finland, Finland

Gevulot is a blockchain technology solutions provider that focuses on zero-knowledge proofs.

BlockchainCryptocurrencyInternet
SeedDec 5, 2024
Schuman Financial

Cham, Zug, Switzerland

Schuman Financial develops technologies, infrastructure, and products that bring financial services on-chain.

BlockchainCryptocurrencyFinancial Services
SeedNov 26, 2024
Amount Raised: $7,344,154

Kernel is leading the way in restaking on the BNB Chain, which is intended to speed up innovation and ecosystem expansion.

BitcoinBlockchainCryptocurrency
Series UnknownNov 25, 2024
Amount Raised: $10,000,000
0G

San Francisco, California, United States

0G is a technology startup + foundation developing a web3 modular infrastructure platform to build applications on low-latency data feeds.

Artificial Intelligence (AI)BlockchainWeb3
SeedNov 13, 2024
Amount Raised: $40,000,000

Brevis is a smart verifiable computing platform that brings infinite scalability to existing blockchains.

BlockchainCryptocurrencyWeb3
SeedNov 11, 2024
Amount Raised: $7,500,000
StakeStone

Singapore, Central Region, Singapore

StakeStone is an omnichain liquidity infrastructure used to optimize crypto staking and asset management.

Asset ManagementBlockchainCryptocurrencyEthereumInformation Technology
SeedNov 11, 2024
Amount Raised: $22,000,000
Phylax Systems

New York, New York, United States

Phylax Systems is the operator of an open-source protocol platform designed to avoid hacking.

BlockchainNetwork Security
SeedNov 1, 2024
Amount Raised: $4,500,000