
Dan Romero
Description
Dan Romero is a highly influential angel investor with a pronounced focus on the burgeoning Web3 and cryptocurrency sectors. His formidable background as a former Vice President and early employee at Coinbase, where he departed in 2020, provides him with unparalleled industry expertise and an extensive network within the blockchain ecosystem. This deep operational experience at one of the world's leading crypto exchanges positions him as a strategic partner rather than just a capital provider for the startups he backs.
Romero's investment thesis centers on identifying and supporting foundational projects that are building the core infrastructure and applications for the decentralized web. His impressive portfolio includes early investments in significant players such as Uniswap, Optimism, Arbitrum, and Dune Analytics, demonstrating a keen eye for disruptive technologies and scalable solutions. He primarily engages with companies at the pre-seed and seed stages, often providing critical strategic guidance, mentorship, and access to his vast network, which is invaluable for nascent ventures navigating the complex crypto landscape.
As an active participant in the ecosystem, Romero's angel portfolio, as tracked on platforms like Crunchbase, lists over 30 distinct investments, underscoring his consistent engagement in the space. His typical first check sizes are aligned with those of prominent angels in the highly competitive crypto market. While specific figures can vary, his contributions generally range from $50,000 for smaller, high-conviction pre-seed rounds up to $500,000 for more substantial participations in competitive seed rounds. This range reflects his capacity to make meaningful financial contributions to early-stage companies.
Beyond his role as an investor, Romero is also a co-founder of Farcaster, a decentralized social network, further solidifying his commitment to actively building the future of the internet. His multifaceted involvement, combining deep operational experience, strategic angel investing, and direct entrepreneurial endeavors, makes him a pivotal figure in the Web3 startup landscape, consistently contributing to the growth and innovation of the decentralized economy.
Investor Profile
Dan Romero has backed more than 24 startups, with 4 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Bermuda, United Kingdom.
- Strong thematic focus on Software, Blockchain, Cryptocurrency.
- Typical check size: $50K – $500K.
Stage Focus
- Seed (46%)
- Series A (17%)
- Pre Seed (17%)
- Series Unknown (8%)
- Series B (4%)
- Angel (4%)
- Undisclosed (4%)
Country Focus
- United States (75%)
- Bermuda (4%)
- United Kingdom (4%)
Industry Focus
- Software
- Blockchain
- Cryptocurrency
- Messaging
- Information Technology
- Web3
- Apps
- Financial Services
- Fintech
- Insurtech
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.