
Struck Crypto
Description
Struck Crypto is a prominent multi-strategy cryptocurrency fund operating as a dedicated arm of Struck Capital, a Santa Monica-based venture capital firm. Established to focus exclusively on the burgeoning blockchain and Web3 ecosystem, Struck Crypto leverages its parent firm's broader investment expertise to identify and support innovative projects within the digital asset space. The fund's mandate spans various sub-sectors, including decentralized finance (DeFi), blockchain infrastructure, gaming, NFTs, and Web3 applications, reflecting a comprehensive approach to the evolving crypto landscape.
The firm employs a flexible investment strategy, engaging across multiple stages from early-stage seed rounds to more mature Series A and B growth rounds. Struck Crypto is known for its active participation in significant funding rounds for some of the most impactful companies in the blockchain industry. For instance, their portfolio includes notable names such as Blockdaemon, a leading blockchain infrastructure provider, and Aptos, a high-performance Layer 1 blockchain. This multi-stage approach allows them to support companies from their foundational development through significant scaling phases.
Struck Crypto has built a diverse portfolio, with Crunchbase indicating investments in over 50 companies, underscoring their extensive reach and commitment to the crypto sector. While specific fund sizes for Struck Crypto are not always publicly delineated from its parent, Struck Capital notably raised a $100 million fund in 2021, which likely underpins a significant portion of Struck Crypto's investment capacity. Their typical initial check sizes generally range from approximately $500,000 for early-stage seed investments, reflecting their commitment to foundational projects, up to $7,500,000 for participation in larger, more established growth rounds, demonstrating their capacity to support scaling ventures. This broad range allows Struck Crypto to be a versatile partner for founders across the crypto spectrum.
Investor Profile
Struck Crypto has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 8% of its total and boasts 0 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, Singapore, Switzerland.
- Strong thematic focus on Blockchain, FinTech, Cryptocurrency.
- Typical check size: $500K – $7.5M.
Stage Focus
- Seed (48%)
- Series A (20%)
- Series Unknown (16%)
- Series B (8%)
- Series C (4%)
- Corporate Round (4%)
Country Focus
- United States (72%)
- Singapore (4%)
- Switzerland (4%)
- Saint Kitts and Nevis (4%)
- Hong Kong (4%)
- China (4%)
- United Kingdom (4%)
- South Korea (4%)
Industry Focus
- Blockchain
- Fintech
- Cryptocurrency
- Financial Services
- Software
- Information Technology
- Information Services
- Apps
- Gaming
- Video Games
Frequently Asked Questions
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