
CoinFund
Description
CoinFund is a prominent crypto-native investment firm established in 2015, based in Brooklyn, New York. As a private cryptoasset investor and blockchain research and advisory firm, CoinFund has carved out a significant niche in the burgeoning web3 ecosystem. Their investment thesis centers on identifying and supporting foundational technologies and applications that are shaping the future of decentralized internet, ranging from core infrastructure and DeFi protocols to NFTs and metaverse projects. The firm prides itself on its deep technical understanding and hands-on approach, often acting as a strategic partner to its portfolio companies.
The firm has demonstrated consistent growth in its investment capacity. In July 2022, CoinFund announced the close of its "CoinFund Ventures I" fund, raising an impressive $300 million dedicated to early-stage blockchain companies. This significant capital injection brought their total assets under management (AUM) to over $1 billion, underscoring their substantial presence in the digital asset investment landscape. Building on this momentum, CoinFund further expanded its capital base in April 2024 with the launch of "CoinFund Ventures IV," a $150 million fund specifically earmarked for early-stage web3 ventures. These funds enable CoinFund to deploy capital across seed and Series A rounds, supporting innovative startups from their foundational stages.
CoinFund's investment strategy goes beyond mere capital provision; they aim to be a long-term partner, leveraging their extensive network and expertise in blockchain technology. They typically seek to invest in projects that demonstrate strong technical teams, novel solutions, and significant potential for impact within the decentralized economy. Their portfolio reflects a diverse range of companies, from infrastructure providers that enable the underlying blockchain layers to consumer-facing applications that bring web3 to a broader audience. This comprehensive approach positions CoinFund as a key player in fostering the next generation of internet technologies.
Investor Profile
CoinFund has backed more than 142 startups, with 13 new investments in the last 12 months alone. The firm has led 50 rounds, about 35% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Initial Coin Offering rounds (top funding stages).
- Majority of deals are located in United States, Canada, Germany.
- Strong thematic focus on Blockchain, Cryptocurrency, Software.
- Led 10 rounds in the past year.
- Typical check size: $1M – $15M.
Stage Focus
- Seed (49%)
- Series A (20%)
- Initial Coin Offering (8%)
- Series Unknown (8%)
- Pre Seed (6%)
- Series B (5%)
- Non Equity Assistance (1%)
- Corporate Round (1%)
- Debt Financing (1%)
- Angel (1%)
Country Focus
- United States (61%)
- Canada (6%)
- Germany (4%)
- United Kingdom (4%)
- Singapore (3%)
- Switzerland (3%)
- Cayman Islands (2%)
- Hong Kong (2%)
- Spain (1%)
- Egypt (1%)
Industry Focus
- Blockchain
- Cryptocurrency
- Software
- Financial Services
- Information Technology
- Web3
- Fintech
- Internet
- Ethereum
- Gaming
Frequently Asked Questions
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