
Redbeard Ventures
Description
Redbeard Ventures is a Brooklyn, New York-based investment firm operating at the intersection of venture capital and active angel investing, with a dedicated focus on the burgeoning Web3 and cryptocurrency ecosystems. Established with a unique "build, invest, and advise" model, the firm positions itself as a strategic partner to early-stage startups, not merely a capital provider. Their mandate is to identify, nurture, and scale innovative companies that are shaping the future of decentralized technologies, digital assets, and blockchain applications. This dual approach allows them to engage with founders from the earliest ideation phases through to more structured seed and pre-seed rounds.
The firm's investment strategy is deeply rooted in the Web3 space, encompassing a broad spectrum of sub-sectors including NFTs, DeFi, blockchain infrastructure, and decentralized autonomous organizations (DAOs). Redbeard Ventures officially launched its first dedicated fund, Redbeard Ventures Fund I, which was announced in December 2022 and successfully raised $10 million. This fund size enables them to deploy meaningful capital into promising ventures. As of early 2024, their Crunchbase profile indicates a portfolio of 10 distinct investments, reflecting a selective yet impactful approach to their capital deployment. Their portfolio includes well-known names such as Blockdaemon, SuperRare, and Nifty Gateway, demonstrating their ability to back companies that have achieved significant traction within the crypto industry.
Redbeard Ventures primarily targets early-stage opportunities, ranging from pre-seed to seed rounds, and occasionally participates in Series A rounds for their most promising portfolio companies. Given their stated role as both active angel investors and an early-stage venture capital fund, their typical initial check sizes can vary. For angel-style commitments, they might deploy as little as $100,000, while for more substantial seed round participations, their first checks can extend up to $1,500,000. This flexibility allows them to support a diverse range of founders, from those with nascent ideas requiring initial catalytic capital to more developed teams seeking significant early-stage funding. Beyond capital, Redbeard Ventures emphasizes providing hands-on operational support and strategic guidance, leveraging their deep industry expertise to help portfolio companies navigate the complexities of the Web3 landscape.
Investor Profile
Redbeard Ventures has backed more than 44 startups, with 3 new investments in the last 12 months alone. The firm has led 3 rounds, about 7% of its total and boasts 3 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, Australia, Greece.
- Strong thematic focus on Blockchain, Web3, Cryptocurrency.
- Typical check size: $100K – $1.5M.
Stage Focus
- Seed (57%)
- Series A (25%)
- Series Unknown (7%)
- Pre Seed (7%)
- Initial Coin Offering (2%)
- Angel (2%)
Country Focus
- United States (82%)
- Australia (5%)
- Greece (2%)
- Austria (2%)
- France (2%)
- Saint Kitts and Nevis (2%)
- The Netherlands (2%)
- Germany (2%)
Industry Focus
- Blockchain
- Web3
- Cryptocurrency
- Software
- Information Technology
- Gaming
- Financial Services
- Fintech
- Non-fungible Token (Nft)
- Internet
Frequently Asked Questions
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