Top 5 Crypto & Blockchain VCs in the US [2022]

Whether you are raising seed, Series A or higher, in this article we have listed our top picks of the best venture capital firms for Crypto & Blockchain startups.

So, if you haven’t yet started to reach out, here is a good place to start learning about them.

Note: this article is part of a series where we present you the top Venture Capital firms across the world. Have a look at the complete list here.

Top Venture Capital Firms For Crypto & Blockchain Startups In The US

Here’s a summary of our top 5 picks for the best venture capital firms for Crypto & Blockchain startups (in alphabetical order):

NameLocationInvestment stageInvestment rangeInvestments
11-11 VenturesAtlantaSeed, Series A$250k to $1M20
Andreessen HorowitzSan Francisco, Menlo Park, New YorkSeed to Series A+Undisclosed432
Baroda VenturesLos AngelesSeedUndisclosed15
Multicoin CapitalAustin, New York City, BeijingSeed to Series A+N/A29
Spark CapitalSan Francisco, BostonSeed to Series AUndisclosed153

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1. 11-11 Ventures

Location: Atlanta

11-11 Ventures is a top-rated venture capital firm located in Atlanta. This venture capital firm focuses on tech companies, but it has a special focus on blockchain startups.

The firm offers early-stage investments (that is Seed and Series A) investments. 11-11 Ventures usually writes a check of anywhere between $250k and $1M, but it can also invest up to $2 million in follow-on investments. For seed investments, 11-11 Ventures is usually the lead investor.

So far, this venture capital firm has invested in 20 companies, some of which are Algorand, Bakkt, Tari, tZero, Vertalo, CoinText, and Lottery.com among others.

2. Multicoin Capital

Location: Austin, New York City, Beijing

Multicoin Capital is one of the top venture capital firms that offer thesis-driven investments in blockchain, tokens, and cryptocurrencies companies.

What is interesting to note here is that Multicoin Capital manages a venture fund and a hedge fund. They not only invest in their portfolio companies but also offer thorough guidance because of their intimate knowledge of the crypto technology landscape.

Unfortunately, this venture capital firm does not disclose the exact investment amount, but they offer Seed to Series A+ funding. So far, Multicoin Capital has invested in 29 companies, some of which are Alpha Finance Lab, Arweave, Audius and more.

3. Andreessen Horowitz

Location: San Francisco, Menlo Park, New York

Also popular by the name a16z, Andreessen Horowitz is a popular venture capital firm that has a physical presence in San Francisco, Menlo Park, and New York. This venture capital firm keeps its exact investment amount undisclosed, but it offers Seed to Series A+ investments.

Andreesen Horowitz generally invests in companies in the following verticals: Consumer, Enterprise, Bio & Healthcare, Crypto, and Fintech. This venture capital firm has a massive network of entrepreneurs, engineers, executives, investors, industry experts, and academics, who help the portfolio companies to succeed by offering mentorship and insights.

So far, this venture capital firm has invested in 432 companies including big names like Asana, DigitalOcean, Airbnb, Lyft, Coinbase, Slack, Imgur, Instagram, and Stackoverflow, among others.

4. Baroda Ventures

Location: Los Angeles

Baroda Ventures is one of the most trusted venture capital firms located in Los Angeles. This venture capital firm offers Seed investment to companies working in Consumer Internet, Digital Media, Blockchain, SaaS, Mobile, and E-Commerce sectors. However, Baroda Ventures never discloses the exact investment amount on its website.

Apart from funding, this venture capital firm works along with its portfolio companies to help them build their companies into lasting businesses. It is important that the companies applying for funding should have a low capital requirement, and they should have large potential markets.

So far, Baroda Ventures has invested in 15 companies, some of which are Amplify, Field Day, Healthvana, Launchpad LA, HelloTech, etc., among others.

5. Spark Capital

Location: San Francisco, Boston

One of the most prominent venture capital firms in Boston and San Francisco, Spark Capital offers funding to startups working in various sectors including Marketplaces, Fintech, Frontier Tech, Hardware, Enterprise, Consumer, and Crypto.

What is interesting about Spark Capital is that they are stage agnostic, which means, they are open to funding irrespective of the stage of the company provided they like the idea or the product.

They not only provide funding but also offer mentorship and access to industry experts who can help the companies scale into sustainable businesses.

So far, Spark Capital has made 153 investments with some of the most notable names being Twitter, Oculus, Coinbase, Wayfair, Slack, Tumblr, eToro, Snap, Grammarly, Rover.com, etc.

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