Variant Fund

variant.fund

Blog

Overview

𝕏 Statistics

Details

Variant is an early-stage venture firm investing in crypto networks and platforms that are building the Ownership Economy.

Category:

Crypto-Native Fund

Founded: 2019

Location: United States

Team

Jesse Walden

Founder, General Partner

Jake Chervinsky

Chief Legal Officer

Dan Roberts

Editor in Chief

Derek Walkush

Investment Research Partner

Alana Levin

Venture Partner

Cooper Kunz

Investment Partner

Nina Suthers

Chief Marketing Officer

Geoff Hamilton

Investment Partner

Daniel Barabander

General Counsel and Investment Partner

Caleb Shough

CFO/COO

Jack Gorman

Data scientist

Investment Map

Investment Size

Fundraising

Accolade Partners

Date	Amount	LP
Jul 28, 2022	$450 M	--
Oct 19, 2021	$110 M	--

Investments

Lens Protocol

The Social Layer of Web3

Aptos

Scalable layer 1 blockchain

Morpho

Decentralized lending-borrowing protocol

Worldcoin

Inclusive cryptocurrency network

zkSync

A scaling and privacy engine for Ethereum

Uniswap

Decentralized trading protocol

Magic Eden

Cross-chain NFT market

Polygon

Decentralised Ethereum scaling platform

Phantom

Solana wallet built for DeFi & NFTs

Farcaster

Decentralized social network

Mirror

Create and collect the best writing in Web3

Acquired

DIMO

Hardware Internet of Things (IoT) Platforms

Recall

Decentralized Verifiable AI agents Platform

Aztec Network

Ethereum Privacy Extension Layer

Scroll

A native zkEVM Layer 2 Solution for Ethereum

Hyperlane

Cross-chain messaging protocol

Euler Finance

Decentralized lending-borrowing protocol

Zora

The NFT marketplace protocol

Syndicate

Decentralized investment protocol and social network

Aleo

Platform for private applications

Goldfinch

Decentralized credit protocol

Braintrust

Decentralized Talent Network

Blockaid

Web3 security firm

Hyperbolic Labs

The Open-Access AI Cloud

ZkCloud

Universal proving layer for ZK

KGeN

P.O.G. (Proof of Gamer) Engine

Alluvial

Enterprise-grade liquid staking protocols

Sapien

A two-sided marketplace for dataset labelling

Rumpel

Turn Points into Profit

BottoDAO

Decentralized, autonomous artist governed by the people

Friends With Benefits（FWB）

DAO of cultural creators, thinkers, and builders

Blackbird

Web3 loyalty and payments company

Sound.xyz

Music NFT platform

Perennial

Decentralized derivatives protocol

Gearbox

Composable leverage protocol

Pragma Network

ZK rollup-native oracle

Reflexer

An anti-inflation protocol

Coordinape

A platform for DAOs to distribute resources to contributors

Pluralis Research

Decentralized AI model platform

Whetstone

On-chain market development team

Reservoir

Token trading infrastructure provider

Boardroom

The DAO discovery and governance platform

Acquired

delta

A network of networks with shared state

Satflow

Bitcoin DeFi infrastructure

Farworld

Web3 mobile gaming ecosystem

Zeal

Self-custody crypto wallet

Kiosk

Farcaster client

Turnkey

Private key infrastructure for Web3 builders

Clusters

Multi-chain name servic

Bonfire

Powerful tools to engage your web3 community

Shibuya

Blockchain-based film platform

NiftyApes

NFT-collateralized lending and borrowing protocol

Koop

Helps creators and communities launch NFT-based membership passes to raise funds

DRAUP

A platform redefining Digital Fashion

Entropy

Decentralized self-custody solution

PleasrDAO

A DAO that collects NFT works

Context

Watching wallets of friends, influencers, DAOs, and celebrities

Oncyber

World-building engine for web3D

FingerprintsDAO

Championing blockchain art

Catalog

NFT marketplace built specifically for the music industry

Union Finance

A credit protocol built on Ethereum

Cozy Finance

DeFi Risk Management Protocol

Foundation

NFT marketplace

Verto

Decentralized trading protocol built on top of Arweave

Fei Protocol

An anti-inflation protocol

Tessera

Buy, sell and mint fractions of NFTs

Yield Protocol

Decentralized Lending Protocol

GRO Protocol

Stablecoin yield aggregator

Modulus

Bring AI on-chain using zkps

Formfunction

The digital art marketplace for Solana

Burrata

Public-good infrastructure for developers

Sense Finance

Fixed income permissionless infrastructure

Name	Round	Amount	Valuation	Date
Pluralis Research	Seed	$ 7.6 M	--	Mar 19
Blockaid	Series B	$ 50 M	--	Feb 18
Whetstone *	Pre-Seed	$ 1.3 M	--	Feb 12

The Block Jul 27, 2022

VC Firms Variant Fund, Atelier Ventures Merge to Focus on the ‘Ownership Economy’

Coindesk Oct 19, 2021

This a16z Alum Is Launching a VC Fund Focused on Platforms You Can 'Own'

Coindesk Jul 14, 2020

Investment Overview

15

76

72

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Variant

@variantfund

Influence Index 1629

Followers 46.54 K

Following 114

Top Followers

+582

Significant Events

Jul 28, 2022

Variant raisess $450M for Fund III

Oct 19, 2021

Variant Fund II: $110M Fund Built for the Ownership Economy

Cooperations

Andreessen Horowitz

20 Rounds

Coinbase Ventures

19 Rounds

Robot Ventures

15 Rounds

Nascent

12 Rounds

Paradigm

11 Rounds

USV

10 Rounds