Ben Davenport

Ben Davenport serves as a Venture Partner at Blockchain Capital, a pioneering venture firm exclusively dedicated to the blockchain and cryptocurrency sectors. His role at the firm is significantly bolstered by a distinguished operational background, having co-founded BitGo, a leading digital asset security company, and Postmates, the on-demand delivery service that was notably acquired by Uber for $2.65 billion. This blend of deep technical expertise and successful entrepreneurial experience positions Davenport as a valuable asset in identifying and nurturing promising ventures within the nascent and rapidly evolving Web3 landscape.

At Blockchain Capital, Davenport contributes to the firm's investment strategy, which spans from seed-stage startups to more mature growth-stage companies. The firm has consistently raised substantial capital to deploy into the crypto ecosystem, evidenced by the closing of its Fund V at $300 million in 2022, following its Fund IV which secured $150 million in 2021. This robust capital base allows Blockchain Capital, and by extension its partners like Davenport, to make significant investments across a diverse portfolio of blockchain infrastructure, DeFi, NFTs, and other decentralized applications.

Davenport's involvement helps the firm leverage its extensive network and industry insights. His experience in building and scaling companies provides a unique perspective for evaluating potential investments and offering strategic guidance to portfolio companies. While specific individual check sizes for a Venture Partner can vary, Blockchain Capital typically deploys first checks ranging from approximately $500,000 for early-stage rounds up to $10 million for more established companies, aligning with their multi-stage investment thesis. His contributions are crucial in identifying the next generation of foundational companies in the blockchain space.