JD

Jack Dorsey

North America, California, United States, San Francisco

Description

Jack Dorsey, best known as the co-founder and former CEO of Twitter (now X) and current CEO of Block, Inc., is a prominent angel investor with a distinct focus on decentralized technologies, Bitcoin, and innovative internet protocols. His investment philosophy is deeply rooted in his vision for an open, censorship-resistant internet and a more equitable financial system. Dorsey often backs projects that align with these principles, leveraging his extensive experience in building and scaling influential technology platforms.

His investment portfolio reflects a strong bias towards the blockchain and Web3 space, particularly companies building on or around the Bitcoin ecosystem. Notable investments include Lightning Labs, a company developing a second-layer protocol for Bitcoin, which raised a $10 million seed round with Dorsey's participation in 2020. He also famously invested in Bluesky, a decentralized social networking protocol, contributing to its $13 million seed round in 2022. Beyond crypto, Dorsey has shown interest in various fintech innovations and tools that empower creators and individuals, such as his early support for Substack.

Dorsey's involvement often extends beyond mere capital. He is known for providing strategic guidance, leveraging his vast network, and offering insights gained from leading two of the most impactful tech companies of the last two decades. His investments are typically strategic, aimed at fostering the growth of technologies he believes will shape the future of the internet and finance, rather than purely opportunistic plays. He acts as a visionary backer, often championing projects that align with his long-term technological and societal goals.

As an investor, Jack Dorsey is recognized for his significant influence and capacity to write substantial checks. His typical first check sizes reflect his status as a high-net-worth individual and a strategic partner, often ranging from hundreds of thousands to over a million dollars, enabling him to play a meaningful role in early-stage funding rounds for impactful ventures.

Investor Profile

Jack Dorsey has backed more than 33 startups, with 2 new investments in the last 12 months alone. The firm has led 6 rounds, about 18% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Colombia, United Kingdom.
  • Strong thematic focus on Mobile, SaaS, Internet.
  • Led 1 rounds in the past year.
  • Typical check size: $100K – $1.5M.

Stage Focus

  • Series A (33%)
  • Seed (30%)
  • Series C (15%)
  • Series Unknown (9%)
  • Series B (6%)
  • Convertible Note (3%)
  • Pre Seed (3%)

Country Focus

  • United States (94%)
  • Colombia (3%)
  • United Kingdom (3%)

Industry Focus

  • Mobile
  • Saas
  • Internet
  • Software
  • Apps
  • Marketplace
  • Travel
  • Tourism
  • Fintech
  • Financial Services
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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 Jack Dorsey frequently co-invest with?

Lowercase Capital
North America, California, United States, San Francisco
Co-Investments: 2
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 3
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 3
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Thrive Capital
North America, New York, United States, New York
Co-Investments: 3
SV Angel
North America, California, United States, San Francisco
Co-Investments: 10
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 2
Betaworks
North America, New York, United States, New York
Co-Investments: 2
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Lakestar
Europe, Zurich, Switzerland, Zürich
Co-Investments: 2

Which angels does Jack Dorsey often collaborate with?

JC
North America, California, United States, San Francisco
Shared Deals: 3
ES
North America, California, United States, Mountain View
Shared Deals: 6
RH
North America, California, United States, San Francisco
Shared Deals: 2
PC
North America, California, United States, San Francisco
Shared Deals: 2
AD
North America, California, United States, Palo Alto
Shared Deals: 4
NR
North America, California, United States, San Francisco
Shared Deals: 2
Dave Morin
North America, California, United States, San Francisco
Shared Deals: 2
AG
North America, California, United States, Stanford
Shared Deals: 2
AK
North America, California, United States, Los Angeles
Shared Deals: 2
JS
North America, California, United States
Shared Deals: 2

What are some of recent deals done by Jack Dorsey?

Mercor

San Francisco, California, United States

Mercor is an AI-based hiring platform designed to improve the recruitment process for both job seekers and companies.

Artificial Intelligence (AI)Machine LearningRecruitingSoftware
Series ASep 18, 2024
Amount Raised: $30,000,000
SimpleX Chat

London, England, United Kingdom

The only messaging platform without any user IDs

InternetMessagingOpen SourcePrivacySoftware
Pre SeedAug 14, 2024
Amount Raised: $1,300,000
Ocean

Cheyenne, Wyoming, United States

Ocean empowers miners to reclaim control of the intelligent portions of mining and is designed to be non-custodial.

Graphic DesignMarket ResearchWeb Design
SeedNov 28, 2023
Amount Raised: $6,200,000
Matic

Mountain View, California, United States

Matic is a technology startup that provides AI-powered indoor robots.

Artificial Intelligence (AI)Machinery ManufacturingRobotics
Series ANov 2, 2023
Amount Raised: $24,000,000
Azteco

Santa Monica, California, United States

Azteco is a consumer Bitcoin platform that provides Bitcoin vouchers for global financial transactions.

BitcoinConsumer SoftwareE-CommerceFinTechRetail
SeedMay 18, 2023
Amount Raised: $6,000,000
Bluesky

Seattle, Washington, United States

Bluesky is a new social media platform.

Social MediaSoftware
SeedMar 1, 2023
Amount Raised: $13,000,000
Movii

Bogotá, Distrito Especial, Colombia

Movii aims to reduce inequality by providing access to financial services to the unbanked population through the use of new technologies.

BankingFinancial ServicesFinTech
Series CFeb 7, 2022
Amount Raised: $17,000,000
Peek

San Francisco, California, United States

Peek is a booking software and marketplace for delightful things to do such as wine tours, watersports, skydiving, and art classes.

InternetMarketplaceMobileSaaSTourismTravel
Series CNov 23, 2021
Amount Raised: $80,000,000
Molten Cloud

Cambridge, Massachusetts, United States

Radically simplifying digital media operations globally

B2BCloud ComputingCloud InfrastructureCloud StorageDigital MediaIntellectual PropertyMedia and EntertainmentSaaS
SeedOct 21, 2021
Amount Raised: $7,000,000
Punch List

San Francisco, California, United States

SaaS, Mobile App, Home Remodeling

Home RenovationMobile AppsSaaS
SeedJan 21, 2020
Amount Raised: $4,000,000