
Hashed
Description
Hashed is a prominent global venture capital fund deeply entrenched in the blockchain and Web3 ecosystem. While the user specified San Francisco, Hashed operates with a global footprint, maintaining offices in key innovation hubs like Seoul, San Francisco, and Bangalore. Established with a vision to back founders building the decentralized future, Hashed has cultivated a reputation for being an early and long-term strategic partner to its portfolio companies. Their investment philosophy extends beyond mere capital injection, emphasizing community building and active participation in the growth of their ventures.
The firm primarily focuses on early-stage investments, typically leading or co-leading Seed and Series A rounds. Their portfolio spans a wide array of Web3 verticals, including core blockchain infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming. Hashed is known for its deep technical understanding and its ability to identify transformative projects within the rapidly evolving crypto landscape. They seek out teams with strong technical foundations and innovative approaches to solving real-world problems using blockchain technology.
In 2022, Hashed successfully closed its Hashed Ventures III fund, raising an impressive $200 million. This significant capital raise, achieved amidst challenging market conditions, underscored investor confidence in Hashed's expertise and long-term vision for the Web3 space. From this fund, Hashed typically targets initial investments ranging from $1 million to $10 million, demonstrating their capacity to provide substantial early-stage capital. The fund has made over 100 investments to date, supporting projects that have gone on to become significant players in the blockchain industry. Hashed's commitment to fostering a robust ecosystem is evident in its active engagement with its portfolio, providing strategic guidance and leveraging its extensive network to accelerate growth.
Investor Profile
Hashed has backed more than 242 startups, with 14 new investments in the last 12 months alone. The firm has led 88 rounds, about 36% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in South Korea, United States, Singapore.
- Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
- Led 8 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (51%)
- Series A (18%)
- Series Unknown (12%)
- Series B (7%)
- Initial Coin Offering (5%)
- Pre Seed (5%)
- Angel (1%)
Country Focus
- South Korea (30%)
- United States (29%)
- Singapore (14%)
- India (5%)
- Vietnam (3%)
- Hong Kong (3%)
- Canada (2%)
- United Kingdom (1%)
- Germany (1%)
- Cayman Islands (1%)
Industry Focus
- Blockchain
- Cryptocurrency
- Financial Services
- Fintech
- Software
- Gaming
- Information Technology
- Internet
- Web3
- Finance
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.