All funds
Dragonfly Capital logo

Dragonfly Capital

$1633Tdisclosed portfolio round capital
1 Jul, 2026last investment
171portfolio companies
16team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 21 Jul 2026 across pre seed, private, seed, series a, series b, series c, strategic, unknown. Later-round outcomes are capped at the period end.

49.1%companies with a later round · 84/171
3.71×median round-size step-up · n=76
2.23×median valuation step-up · n=6
1.9%recorded-solo rate · 4 solo / 207 syndicated
Finance · 48 companiesBlockchain Platforms · 16 companiesInfrastructure · 13 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.

Opportunities

Crypto jobs across Dragonfly Capital's portfolio

233 current roles at companies backed by Dragonfly Capital, sourced from JobStash's crypto job board.

People

Team

A

Amal M

Portfolio Support

B

Bo Feng

Managing Partner

C

Casey Taylor

Platform Partner & Global Head of Founder Support

E

Elton Chang

Junior Partner

G

Gengmo Qi

Partner

H

Haseeb Qureshi

Managing Partner

H

Heather Bailey

Head of Events

H

Hildebert Moulié

Head of Data Science

J

Joshua Lim

Liquid Portfolio Analyst

L

Lindsay Lin

COO

O

Omar Kanji

Partner

R

Rob Hadick

General Partner

S

Scott Hershorin

CCO

S

Sylvia Liu

CFO

T

Tom Schmidt

General Partner

T

Tony Li

Portfolio Support Partner - Asia

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Dragonfly Capital is recorded as an investor.

1inch logo

1inch

crypto
Finance

1inch helps users find the best cryptocurrency swap rates by checking multiple decentralized exchanges at once.

Series B1 Dec, 2021$175M round
Series A1 Dec, 2020$12M round
Seed11 Aug, 2020$2.8T roundSyndicated · 12 disclosed investors
Payments

Afriex is a fintech company providing international money transfers and global payment services. Its products serve individuals sending money across borders as well as businesses that need accounts, payouts, collections, and payment APIs.

Series A1 Apr, 2022$10M round$60M valuationSyndicated · 4 disclosed investors
Seed1 Mar, 2021$1.2M round
Finance

Agora Finance helps businesses and financial institutions move money quickly using stablecoins and digital dollar infrastructure.

Series A1 Jul, 2025$50M round
Seed1 May, 2024$5T round
Seed2 Apr, 2024$12T roundSyndicated · 12 disclosed investors
Agoric logo

Agoric

crypto
Blockchain Platforms

Agoric enables developers to build cross-chain applications using JavaScript smart contracts on a Cosmos-based blockchain.

Public Sale1 Jan, 2022$56M round$853M valuation
Private token sale11 Nov, 2021$32T round
Unknown1 Nov, 2021$32M round
Unknown13 May, 2019$4T roundSyndicated · 9 disclosed investors
Seed1 May, 2018
Alkimiya logo

Alkimiya

crypto
Finance

Alkimiya provides universal markets for fundamentals, allowing users to trade on metrics like on-chain revenue, stablecoin metrics, and blockspace resources through products like liquid prediction markets and tokenized assets.

Venture Round12 Jan, 2023$7.2T round
Unknown1 Jan, 2023$7.2M roundSyndicated · 5 disclosed investors
Unknown1 Jun, 2021Syndicated · 4 disclosed investors
Alliance logo

Alliance

crypto
Venture Capital

Alliance is the leading crypto accelerator and founder community that helps crypto and AI startups reach escape velocity. They offer $500k in funding with interview invites within two weeks and immediate funding upon admission.

Seed1 Jan, 2022$50M roundSyndicated · 143 disclosed investors
Finance

Amber Group is a digital-finance company providing institutional and high-net-worth clients with digital-asset wealth management, trading, liquidity, investment, research, and infrastructure services.

Series C16 Dec, 2022$300T round
Series B1 Feb, 2022$200M round
Series B20 Jun, 2021$100T round
Series A14 Feb, 2020$28T roundSyndicated · 14 disclosed investors
Ancient8 logo

Ancient8

crypto
Gaming

Ancient8 is a gaming-focused Ethereum Layer 2 blockchain built to power Web3 gaming experiences. It provides the infrastructure and modular blockchain platform for games including fully on-chain games, games on X, games on Telegram, IP-infused games, and AI-powered games, serving game developers and players in the Web3 gaming ecosystem.

Grant2 Dec, 2024$1.2T round
Grants1 Dec, 2024$1.2M round
Unknown1 Jun, 2022$6M round
Seed1 Jan, 2022$4M roundSyndicated · 10 disclosed investors
Andrena logo

Andrena

crypto
Infrastructure

Andrena provides high-speed, low-latency internet service to the Mid-Atlantic region of the USA.

Series B1 Dec, 2025$13M round
Unknown1 Dec, 2024$2.5M round
Series A1 Aug, 2024$18M roundSyndicated · 22 disclosed investors
Series A1 Feb, 2023$15M roundSyndicated · 8 disclosed investors
Venture Capital

Animoca Brands helps you build digital property rights by leveraging tokenization and blockchain to establish the open metaverse.

Unknown1 Jun, 2024
Strategic1 Oct, 2023$50M round
Strategic1 Jul, 2023$4.1M round
Strategic 19 Jun, 2023
Convertible note issuance8 Sep, 2022$110T round
Unknown1 Sep, 2022$110M round
Unknown31 Aug, 2022$100T round
Unknown1 Jul, 2022$75M round
Unknown1 Jan, 2022$359M round$5B valuation
Unknown20 Oct, 2021$65T round$2.2B valuationSyndicated · 22 disclosed investors
Unknown1 Jul, 2021$50T round
Unknown13 May, 2021$89T round
Post-IPO Debt3 Jul, 2020$4.1T round
Post-IPO Equity7 Aug, 2019$5.4T round
Post-IPO Equity5 Apr, 2019$3.3T round
Post-IPO Equity15 Aug, 2018$1.1T round
Post-IPO Equity12 Jul, 2018$4.5T round
Grant10 May, 2018$560B round
Post-IPO Equity13 Mar, 2017$5.2T round
Post-IPO Equity11 Apr, 2016$4.9T round
Post-IPO Equity1 Dec, 2015$3.4T round
Finance

ApeX Protocol is a decentralized exchange (DEX) offering a self-custodial, multichain trading platform called ApeX Omni. It provides users with perpetual and spot trading products, engineered for high performance, speed, and security within a decentralized ecosystem.

Seed1 Mar, 2022Syndicated · 7 disclosed investors

Arbelos Markets provides liquidity and trading solutions in the crypto sector.

M&A1 Jan, 2025
Private8 May, 2024$28T roundSyndicated · 12 disclosed investors
Seed1 May, 2024$28M roundSyndicated · 12 disclosed investors
Arcus logo

Arcus

hybrid
Finance

Arcus is a decentralized exchange built in partnership with Robinhood on Robinhood Chain, founded by the team behind dYdX. It offers self-custodied trading of stock tokens (spot, zero fees, 24/7) and cross-margined perpetual futures across equities, crypto, commodities, and indices with up to 50x leverage, serving retail and institutional traders in eligible jurisdictions.

Series C1 Jun, 2021$65M round
Series B1 Jan, 2021$10M round
Series A1 Oct, 2018$10M roundSyndicated · 16 disclosed investors
Seed1 Dec, 2017$2M round
ARCx logo

ARCx

crypto

Stealth

Seed1 Jun, 2021$1.2M roundSyndicated · 3 disclosed investors
August logo

August

hybrid
Finance

August is a web3 infrastructure provider building a universal margin account for on-chain financial assets. Targeting institutional clients, it aims to make decentralized finance as capital-efficient as traditional finance by enabling cross-collateralization. The platform supports various DeFi protocols, tokenizes bilateral agreements, and offers on-chain execution algorithms, all while maintaining institutional-grade compliance and transparency. August also provides secure software for the management and settlement of digital assets, offering an institutional-grade platform for crypto.

Series A7 Mar, 2025$10T roundSyndicated · 5 disclosed investors
Seed1 Apr, 2023$6M round
Aurigami logo

Aurigami

crypto
Finance

Aurigami is a decentralized, non-custodial liquidity protocol that allows users to lend, borrow, and earn interest with their digital assets on the Aurora blockchain.

Public Sale1 May, 2022$1.6M round$50M valuation
Unknown1 Feb, 2022$9.5M roundSyndicated · 20 disclosed investors
Aurora logo

Aurora

crypto
Blockchain Platforms

Aurora is a Layer 2 blockchain on NEAR Protocol for building EVM-compatible decentralized applications and customizable Virtual Chains.

Ecosystem Foundation raise13 May, 2022$90T round
Public Sale1 Nov, 2021$9.6M round$8.7B valuation
Series A15 Oct, 2021$12T round
Unknown1 Oct, 2021$12M roundSyndicated · 3 disclosed investors
Avail logo

Avail

crypto
Infrastructure

Avail provides scalable blockchain infrastructure. Its Avail Nexus product enables cross-chain asset access and operations, while Avail DA provides a cryptographically verifiable data-availability layer for high-throughput chains and applications.

Series A4 Jun, 2024$43T roundSyndicated · 20 disclosed investors
Seed26 Feb, 2024$27T roundSyndicated · 21 disclosed investors
Avalanche logo

Avalanche

crypto
Blockchain Platforms

Avalanche is a Layer 1 blockchain platform where developers deploy EVM applications and launch custom L1 chains with sub-second finality.

Strategic19 Mar, 2026
Unknown1 Mar, 2026$1B valuation
Private token sale12 Dec, 2024$250T round
Unknown1 Dec, 2024$250M roundSyndicated · 17 disclosed investors
Ecosystem Foundation raise26 Mar, 2022$100T round
Unknown1 Sep, 2021$230M roundSyndicated · 7 disclosed investors
Public Sale1 Jul, 2020$43M round$370M valuation
Unknown1 Jun, 2020$12M roundSyndicated · 6 disclosed investors
Unknown1 Jun, 2019$6M roundSyndicated · 6 disclosed investors
Axelar logo

Axelar

crypto
Infrastructure

Axelar enables secure cross-chain communication for Web3, allowing developers to build interchain dApps connecting to any blockchain.

Unknown1 Mar, 2025$30M round
ICO16 Mar, 2022$50T round
Public Sale1 Mar, 2022$50M round$1.1B valuation
Series B17 Feb, 2022$35T roundSyndicated · 10 disclosed investors
Strategic1 Nov, 2021
Series A15 Jul, 2021$25T roundSyndicated · 16 disclosed investors
Seed13 Nov, 2020$3.8T round

Babel Finance aims to be the most prestigious institution in crypto finance, offering full crypto financial services.

Series B26 May, 2022$80T roundSyndicated · 5 disclosed investors
Series A10 May, 2021$40T round
Series A1 Mar, 2020Syndicated · 5 disclosed investors
BENQI logo

BENQI

crypto
Finance

BENQI is a suite of DeFi protocols on Avalanche offering liquid staking, lending and borrowing, validator deployment, and node voting. It serves AVAX holders, digital-asset lenders and borrowers, and Avalanche validator operators.

Unknown14 Apr, 2021$6T round
Strategic1 Apr, 2021$6M roundSyndicated · 12 disclosed investors
Bitget logo

Bitget

crypto
Finance

Bitget provides a cryptocurrency trading platform with spot, futures, and copy trading capabilities while offering wallet solutions for blockchain interactions.

Unknown4 Apr, 2023$10T round
Strategic1 Apr, 2023$10M roundRecorded solo · lead signal
Corporate Round10 Dec, 2018$10T round