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ConSensys Ventures

North America, New York, United States, New York

Description

ConsenSys Mesh, originally known as ConsenSys Ventures, has evolved into a prominent venture studio, accelerator, and investment arm deeply embedded in the Web3 ecosystem. Headquartered in New York, the firm is a global organization dedicated to building and investing in decentralized technologies. It serves as the parent company for a portfolio of leading blockchain businesses, including ConsenSys Software, Infura, MetaMask, Truffle, and Codefi, showcasing its commitment to foundational infrastructure and user-facing applications within the decentralized web. Its strategic shift from a pure venture arm to a comprehensive "Mesh" structure highlights its hands-on approach to fostering innovation.

The firm's investment strategy is multifaceted, encompassing both early-stage incubation and growth-stage venture capital. Through its Tachyon accelerator program, ConsenSys Mesh actively supports nascent Web3 projects, providing crucial early funding and mentorship. This program is designed to identify and nurture promising startups, offering up to $100,000 in non-dilutive grants and investments to help founders build and scale their initial concepts. Beyond the accelerator, its dedicated investment arm, Mesh Ventures, engages in more traditional venture capital activities, participating in seed, Series A, and later-stage rounds. Their portfolio demonstrates a broad interest across decentralized finance (DeFi), NFTs, blockchain infrastructure, gaming, and developer tools.

ConsenSys Mesh's typical first check sizes vary depending on the entry point and the specific program. For very early-stage projects entering the Tachyon accelerator, initial investments or grants can start from approximately $50,000, reaching up to the aforementioned $100,000. For its venture arm, Mesh Ventures, the firm's first checks into promising startups can range significantly, often participating in seed rounds with contributions from $500,000 to $2 million, and in Series A rounds with checks potentially reaching $3 million to $5 million or more, especially when co-leading or taking a significant stake. This flexible approach allows ConsenSys Mesh to support companies across various stages of their development, from ideation to significant growth. The firm has made over 100 investments, underscoring its active role in shaping the decentralized future.

Investor Profile

ConSensys Ventures has backed more than 38 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 24% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, France, Singapore.
  • Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
  • Typical check size: $50K – $5M.

Stage Focus

  • Seed (39%)
  • Pre Seed (24%)
  • Series A (18%)
  • Convertible Note (11%)
  • Initial Coin Offering (3%)
  • Series B (3%)
  • Series Unknown (3%)

Country Focus

  • United States (61%)
  • France (8%)
  • Singapore (5%)
  • Gibraltar (3%)
  • Philippines (3%)
  • Belgium (3%)
  • South Korea (3%)
  • Germany (3%)
  • Canada (3%)
  • Chile (3%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Fintech
  • Software
  • Financial Services
  • Bitcoin
  • Web3
  • Information Technology
  • Internet
  • Developer Apis
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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 ConSensys Ventures frequently co-invest with?

CMT Digital Ventures
North America, Illinois, United States, Chicago
Co-Investments: 3
PJC
North America, Massachusetts, United States, Boston
Co-Investments: 3
Hashed
North America, California, United States, San Francisco
Co-Investments: 3
Blockchain Capital
North America, California, United States, San Francisco
Co-Investments: 2
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 4
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 3
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 2
ConsenSys Mesh
North America, New York, United States, Brooklyn
Co-Investments: 12
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 3
Galaxy Digital
North America, New York, United States, New York
Co-Investments: 4

Which angels does ConSensys Ventures often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
AB
Europe, Noord-Holland, The Netherlands, Amstelveen
Shared Deals: 1
CP
North America, North Carolina, United States, Chapel Hill
Shared Deals: 1
TF
North America, California, United States, San Francisco
Shared Deals: 2
Jaynti Kanani
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
WP
North America, California, United States, San Francisco
Shared Deals: 1
EL
Europe, Ile-de-France, France, Paris
Shared Deals: 2
MA
North America, California, United States, San Francisco
Shared Deals: 1
Eva Beylin
North America, Canada
Shared Deals: 1

What are some of recent deals done by ConSensys Ventures?

Juno

Singapore, Central Region, Singapore

Juno is a cross-border neo-banking platform that aims to give users across the world a high-yield account to grow their savings.

BankingCryptocurrencyFinancial ServicesFinTech
Series AOct 1, 2022
Amount Raised: $18,000,000
Gnosis

Gibraltar, Gibraltar, Gibraltar

Gnosis is a platform to manage digital assets on ethereum.

CryptocurrencyFinancial ExchangesInternet of Things
Initial Coin OfferingJul 12, 2022
Amount Raised: $100,000,000
BlockApps

Brooklyn, New York, United States

BlockApps is a blockchain as a service company that develops enterprise blockchain platforms.

BlockchainCryptocurrencyDeveloper APIsDeveloper PlatformEnterprise
Series BApr 19, 2022
Amount Raised: $41,000,000
Āut Labs (former SkillWallet)

New Castle, Delaware, United States

Āut is a suite of DAO-native Tools to expand decentralized communities.

BlockchainIdentity ManagementInternetWeb3
Pre SeedFeb 22, 2022
Amount Raised: $1,650,000
Telos

London, England, United Kingdom

Telos provides the third-generation blockchain platform.

BlockchainComputerInternetSoftware
SeedNov 9, 2021
Amount Raised: $8,000,000
FRACTAL

Santa Monica, California, United States

Fractal is a digital asset liquidity platform for the DeFi ecosystem.

Asset ManagementBlockchainDecentralized Finance (DeFi)FinanceFinancial Services
SeedApr 20, 2021
Amount Raised: $4,000,000
Coinhouse

Paris, Ile-de-France, France

Coinhouse is the leading French platform for providing investment and payment services in Bitcoin and tens of other crypto assets.

BankingBitcoinBlockchainCryptocurrencyFinancial ServicesFinTechInformation TechnologyPaymentsWeb3
Series AFeb 10, 2021
Amount Raised: $4,800,000
SimpleID

Brooklyn, New York, United States

SimpleID is a software platform that specializes in user engagement and retention in blockchain applications.

AnalyticsBlockchainMarketing
Pre SeedMar 2, 2020
PoolTogether

Brooklyn, New York, United States

PoolTogether is a no-loss, audited savings game powered by blockchain technology.

Blockchain
SeedFeb 3, 2020
Amount Raised: $1,050,000
Bison Trails

Brooklyn, New York, United States

Bison Trails allows the user to run secure infrastructure on multiple blockchains.

BlockchainInfrastructureInternetSoftware
Series ANov 19, 2019
Amount Raised: $25,500,000