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DRW Venture Capital

North America, Illinois, United States, Chicago

Description

DRW Venture Capital is the strategic investment arm of DRW, a leading principal trading firm based in Chicago. It leverages DRW's deep market expertise and technological infrastructure to identify and support disruptive companies. The venture arm primarily focuses on early to growth-stage investments within the financial technology (FinTech) and enterprise technology sectors, with a notable emphasis on blockchain, digital assets, data science, and artificial intelligence. Their investment thesis is centered on backing innovative solutions that can transform financial markets and broader enterprise operations.

DRW Venture Capital distinguishes itself by offering more than just capital; it provides portfolio companies with access to DRW's extensive network, operational insights, and technical resources. This strategic partnership approach aims to accelerate growth and market penetration for their portfolio companies. They seek founders with strong technical acumen and a clear vision for addressing complex problems in their target markets. The firm is known for its patient capital and long-term perspective, often participating in multiple funding rounds for successful ventures.

While specific check sizes can vary depending on the stage and opportunity, DRW Venture Capital typically deploys initial investments ranging from $1 million to $10 million, participating in rounds from seed to Series B and beyond. Their portfolio includes prominent names in the digital asset space, such as Blockdaemon, a leading blockchain infrastructure platform, and Talos, a provider of institutional digital asset trading technology. For instance, they participated in Talos's $105 million Series B funding round, demonstrating their capacity to contribute to significant growth-stage investments. They also invested in Coin Metrics, a provider of crypto financial intelligence. These investments highlight their commitment to fostering innovation at the intersection of traditional finance and emerging technologies.

DRW Venture Capital's unique position as an arm of a major trading firm allows it to provide unparalleled strategic value to its portfolio companies, going beyond mere financial backing. Their focus on high-growth areas within FinTech and enterprise tech, combined with their hands-on approach and significant capital deployment capabilities, positions them as a key player in the venture ecosystem for companies looking to revolutionize financial services and enterprise operations.

Investor Profile

DRW Venture Capital has backed more than 48 startups, with 2 new investments in the last 12 months alone. The firm has led 12 rounds, about 25% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Israel.
  • Strong thematic focus on FinTech, Financial Services, Blockchain.
  • Led 2 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series B (29%)
  • Series A (23%)
  • Seed (15%)
  • Series C (10%)
  • Series Unknown (8%)
  • Series E (4%)
  • Series D (4%)
  • Private Equity (4%)
  • Pre Seed (2%)

Country Focus

  • United States (83%)
  • United Kingdom (6%)
  • Israel (6%)
  • The Netherlands (2%)
  • Finland (2%)

Industry Focus

  • Fintech
  • Financial Services
  • Blockchain
  • Cryptocurrency
  • Software
  • Finance
  • Information Technology
  • Big Data
  • Compliance
  • Analytics
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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 DRW Venture Capital frequently co-invest with?

CMT Digital Ventures
North America, Illinois, United States, Chicago
Co-Investments: 7
Jump Capital
North America, Illinois, United States, Chicago
Co-Investments: 6
Bain Capital Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 4
Wells Fargo
North America, California, United States, San Francisco
Co-Investments: 3
Valor Equity Partners
North America, Illinois, United States, Chicago
Co-Investments: 5
JP Morgan
North America, New York, United States, New York
Co-Investments: 4
UBS
Europe, Zurich, Switzerland, Zürich
Co-Investments: 3
Pivot Investment Partners
North America, New York, United States, New York
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 3

Which angels does DRW Venture Capital often collaborate with?

MD
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 2
Anju Patwardhan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
BG
North America, California, United States, Palo Alto
Shared Deals: 1
Aldi Haryopratomo
Asia, Jakarta Raya, Indonesia, Jakarta
Shared Deals: 1
Andre Soelistyo
Asia, Indonesia
Shared Deals: 1
Arun Seth
Asia, Delhi, India, New Delhi
Shared Deals: 1
AW
North America, New York, United States, New York
Shared Deals: 1
Ambarish Kenghe
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
AM
North America, California, United States
Shared Deals: 1

What are some of recent deals done by DRW Venture Capital?

Digital Asset

New York, New York, United States

Digital Asset develops distributed ledger and smart contract infrastructure aimed at enabling synchronized finance across institutions.

BlockchainCryptocurrencyDeveloper PlatformDeveloper ToolsFinTech
Series EJun 24, 2025
Amount Raised: $135,000,000
Notabene

New York, New York, United States

Notabene helps businesses perform crypto transactions that are regulatory compliant.

BlockchainCryptocurrencyFinTechSoftware
Series BNov 12, 2024
Amount Raised: $14,500,000
Crossover Markets Group

London, England, United Kingdom

Crossover Markets Group is a digital asset exchange designed to meet the liquidity needs of institutional clients.

Financial Services
Series AJun 26, 2024
Amount Raised: $12,000,000
Nasdaq Private Market

San Francisco, California, United States

NPM brings together global private companies, banks and brokers, stakeholders, and investors together to transact in one marketplace.

FinanceFinancial ExchangesFinancial ServicesFinTechStock Exchanges
Series BFeb 8, 2024
Amount Raised: $62,400,000
DelSiTech

Turku, Western Finland, Finland

A Turku, Finland-based drug delivery and drug development company,

Pharmaceutical
Series UnknownJan 16, 2024
Amount Raised: $10,878,564
OpenFin

New York, New York, United States

OpenFin provides financial institutions with a unified workspace and developer platform built for productivity.

FinanceFinancial ServicesFinTechOperating Systems
Series DMay 24, 2023
Amount Raised: $35,000,000
TRM Labs

San Francisco, California, United States

TRM helps financial institutions, crypto businesses and federal agencies detect and investigate crypto-related financial crimes.

Big DataBlockchainComplianceCryptocurrency
Series BNov 9, 2022
Amount Raised: $70,000,000
Arta Finance

Mountain View, California, United States

Arta Finance is on a mission to help people enjoy more successful financial lives.

FinanceFinancial ServicesWealth Management
Series ANov 2, 2022
Amount Raised: $90,000,000
InterPrice Technologies

New York, New York, United States

InterPrice Technologies is a financial technology company that empowers corporate Treasury teams to make financing decisions.

Financial ServicesFinTech
Series ANov 2, 2022
Amount Raised: $7,300,000
Blockchain Kijiji Hub

Chicago, Illinois, United States

Cryptoassets Data Aggregator

BlockchainCryptocurrency
Pre SeedSep 17, 2022
Amount Raised: $450,000