All funds
$129Tdisclosed portfolio round capital
10 Jun, 2025last investment
34portfolio companies
29team members

Analyst signals

Portfolio activity and matriculation

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

32.4%companies with a later round · 11/34
13.15×median round-size step-up · n=8
Not availablemedian valuation step-up · n=0
2.8%recorded-solo rate · 1 solo / 35 syndicated
Finance · 9 companiesPayments · 3 companiesGaming · 2 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 FJ Labs's portfolio

23 current roles at companies backed by FJ Labs, sourced from JobStash's crypto job board.

People

Team

A

Anshul Ruparell

Venture Partner

A

Ariel Lebowits

CFO

A

Arne Halleraker

Partner

B

Borja Moreno de los Rios

Venture Partner

D

Daniel Simon

Venture Partner

D

Danny Browne

Investor

E

Erez Kalir

Venture Partner

F

Fabrice Grinda

Founding Partner

G

Gloria Rodriguez

Office Manager

G

Güimar Vaca Sittic

Venture Partner

H

Harsh Shah

Venture Partner

I

Ignacio García León

Entrepreneur in Residence

J

Jaye Landow

Head of Investor Relations

J

Jeff Berger

Venture Partner

J

Jeff Weinstein

Partner

J

Jose Marin

Founding Partner

J

Josh Breinlinger

Venture Partner

L

Lauren Lee

Investor

M

Mark Lurie

Venture Partner

M

Matias Barbero

Venture Partner

M

Matthew Stone

COO

M

Mehul Kumar

Investor

M

Morgan Hermand-Waiche

Venture Partner

M

Morgan Spar

Operations Associate

N

Nicolas Pustilnick

Entrepreneur in Residence

O

Olivier Grinda

Venture Partner

O

Owen McCarthy

Finance Analyst

R

Ryan Geary

Finance Director

W

William Guillouard

Operating Partner

Portfolio

Investments

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

Affine logo

Affine

crypto
Finance

Affine is a DeFi protocol offering liquid restaking and automated yield products. Its services include ultraETH liquid restaking and cross-chain yield baskets for USDC, ETH, and MATIC.

Unknown1 Aug, 2023$7M roundSyndicated · 14 disclosed investors
Seed1 Feb, 2023$5.1M round
Pre-Seed17 Feb, 2022$1.8T round
Alongside logo

Alongside

crypto
Asset Management

Alongside offers a crypto index product, AMKT, which allows users to invest in the entire crypto market through a single token. AMKT tracks the top 25 crypto assets, weighted by market capitalization.

Seed15 Feb, 2023$11T roundSyndicated · 11 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 round
Series A1 Feb, 2023$15M roundSyndicated · 8 disclosed investors
Baxus logo

Baxus

crypto
NFTs

Baxus is a blockchain-powered peer-to-peer marketplace for buying, selling, trading, and storing valuable spirits & wines.

Seed1 May, 2024$5M roundSyndicated · 8 disclosed investors

Bracket Labs provides a platform for managing liquid staked tokens in DeFi.

Unknown1 Oct, 2024
Pre-Seed5 Jan, 2024$2T roundSyndicated · 15 disclosed investors
Seed20 Jun, 2023
Unknown1 Jun, 2023
Buenbit logo

Buenbit

crypto
Finance

Buenbit helps users trade cryptocurrencies and access digital financial services through a mobile platform with integrated investment and payment solutions.

M&A1 Dec, 2025
Series A10 Jul, 2021$11T round
Unknown1 Jul, 2021$11M roundSyndicated · 3 disclosed investors
Privacy & Confidentiality

Calimero Network develops a peer-to-peer framework for self-sovereign, local-first applications. Its tools let developers build private applications with user-owned data, CRDT-based synchronization, encrypted peer-to-peer communication, and verifiable off-chain computing.

Seed1 Jan, 2023$8.5M roundSyndicated · 6 disclosed investors
Clipper logo

Clipper

crypto
Finance

Clipper is a decentralized exchange (DEX) offering concentrated liquidity pools with no impermanent loss, designed to protect liquidity providers from MEV bots, frontrunners, and sandwich attacks while amplifying yields through active arbitrage.

Unknown1 Jul, 2021$21M roundSyndicated · 14 disclosed investors
Figment logo

Figment

crypto
Infrastructure

Figment provides enterprise-grade blockchain staking infrastructure and services for institutional clients across multiple Proof-of-Stake networks.

Unknown6 Oct, 2025
Series C20 Dec, 2021$110T round$1.4B valuation
Series B16 Aug, 2021$50T round
Seed29 Oct, 2020$2.5T roundSyndicated · 4 disclosed investors
Pre-Seed30 Jun, 2018$1T round
GONDI logo

GONDI

crypto
NFTs

GONDI is an NFT marketplace and lending platform. It enables users to buy, sell, trade, and borrow against NFTs using WETH, HYPE, or USDC as loan currencies.

Seed1 Jul, 2023$5.4M roundSyndicated · 16 disclosed investors
Higlobe logo

Higlobe

crypto
Payments

Higlobe helps professionals receive USD payments from US companies by providing virtual bank accounts and low-cost transfers to local banks.

Unknown1 Sep, 2022$14M roundSyndicated · 28 disclosed investors
Incode logo

Incode

fintech
Security

Incode is an AI-driven identity verification and fraud-prevention company. It provides enterprise tools for identity and age verification, KYC/KYB/AML workflows, deepfake detection, workforce identity protection, and fraud analytics.

Series B1 Dec, 2021$220M round$1.3B valuation
Series A1 Mar, 2021$25M roundSyndicated · 6 disclosed investors
Seed1 Sep, 2019$10M round
Kwil logo

Kwil

crypto

Kwil offers a decentralized, blockchain-powered SQL database solution for Web3. It enables developers to build scalable and secure applications using SQL smart contracts, aiming to simplify and accelerate the development of decentralized products for innovators in the Web3 space.

Seed1 Oct, 2022Recorded solo · lead signal
Unknown23 Sep, 2022$9.6T round
Pre-Seed1 Nov, 2021$674K round
Pre-Seed1 May, 2021$100K round
Ledn logo

Ledn

crypto
Finance

Ledn provides Bitcoin-backed loans and cryptocurrency savings accounts allowing users to access liquidity without selling digital assets.

Unknown18 Nov, 2025
Series B15 Dec, 2021$70T round$540M valuationSyndicated · 17 disclosed investors
Series A1 May, 2021$30M round
Seed1 Feb, 2021$2.7M round
Seed1 Sep, 2018$1.6M round
Lolli logo

Lolli

crypto
Finance

Lolli is a free browser extension and mobile app that lets users earn cash-back or bitcoin rewards (up to 30%) when shopping at 25,000+ partner online stores, including Amazon. Partner stores pay Lolli a commission on completed purchases, which Lolli shares with users as rewards deposited into their Lolli wallet. Its typical users are everyday online shoppers looking to earn rewards in cash or bitcoin.

M&A1 Jul, 2025
Series B14 Dec, 2023$8T round
Series A28 Jul, 2021$10T round
Seed24 Mar, 2021$5T round
Series A1 Mar, 2021$5M round
Seed11 May, 2020$3T roundSyndicated · 13 disclosed investors
Pre-Seed14 Nov, 2018$2.3T round
Seed1 Nov, 2018$2.3M roundSyndicated · 6 disclosed investors
MATCHDAY logo

MATCHDAY

out of scope
Gaming

Matchday operates a football card-collection and squad-building game featuring real FIFPRO-licensed players, interactive match highlights, leagues, live events, and weekly competitions.

Seed10 Mar, 2023$21M roundSyndicated · 10 disclosed investors
MIDAO logo

MIDAO

crypto
Uncategorized

MIDAO helps DAOs incorporate in the Marshall Islands with blockchain-friendly legal structures.

Seed1 Jul, 2023$1M roundSyndicated · 3 disclosed investors
Midas logo

Midas

crypto
Finance

Midas is a platform for composable onchain investment products. It enables strategy managers to turn institutional strategies into compliant tokens that offer investors full transparency, instant redemptions, and native composability across DeFi.

Grant4 Dec, 2024$5T round
Grants1 Dec, 2024$5M round
Unknown1 Mar, 2024$8.8M roundSyndicated · 13 disclosed investors
Gaming

Midnight Evergreen Technologies Inc. is a developer-focused game publisher building Evergreen, a deconstructed and composable MMO publishing platform. It supports linked games from third-party studios through shared progression, interoperability, player economies, and secondary markets.

Seed1 Nov, 2022$7.5M roundSyndicated · 7 disclosed investors
Minteo logo

Minteo

crypto
Payments

Minteo helps businesses transfer money across Latin America using locally-pegged stablecoins backed by regulated reserves.

Seed1 Sep, 2022$4.3M roundSyndicated · 9 disclosed investors
Mnemonic logo

Mnemonic

crypto

Mnemonic provides NFT data and analytics APIs for Web3 builders, brands, and enterprises.

Seed14 Jun, 2023$6T roundSyndicated · 6 disclosed investors
Seed1 Dec, 2021$4M round
Neol logo

Neol

out of scope
Data & Analytics

Neol is a network intelligence platform that transforms organizations' fragmented data into an AI-powered system for mobilizing teams, partners, and experts. It serves mission-driven startups, enterprises, and public institutions, helping them find talent, warm introductions, and launch programs through a curated global expert network.

Seed1 Jun, 2022$5.2M roundSyndicated · 6 disclosed investors
Noah logo

Noah

crypto
Payments

Noah helps businesses transfer money globally by providing stablecoin-powered payment infrastructure with instant settlement and reduced fees.

Seed10 Jun, 2025$22T roundSyndicated · 5 disclosed investors
Finance

Overnight Finance (Overnight.fi) is a decentralized finance protocol specializing in yield-generating stablecoins backed by proprietary delta-neutral and other low-risk strategies. Its flagship product, USD+, along with USDT+, DAI+, USDC+ and ETH+, are fully collateralized rebase tokens that distribute daily passive yield to holders. The platform primarily serves DeFi users seeking stable, real-yield-bearing assets across multiple chains including Optimism, Arbitrum, Base, Linea, and Blast.

Pre-Seed1 Feb, 2022$850K roundSyndicated · 4 disclosed investors