All funds
Initialized Capital logo

Initialized Capital

$122Tdisclosed portfolio round capital
1 Oct, 2025last investment
23portfolio companies
18team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 22 Jul 2026 across equity, pre seed, seed, series a, series c, unknown. Later-round outcomes are capped at the period end.

34.8%companies with a later round · 8/23
6.41×median round-size step-up · n=8
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 28 syndicated
Finance · 7 companiesBlockchain Platforms · 2 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 Initialized Capital's portfolio

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

People

Team

A

Abdul Ly

Partner

A

Andrew Sather

Partner

B

Becca Graff

Administrative Assistant

B

Breanna Ross

Administrative Assistant

B

Brett Gibson

Managing Partner

C

Chi An

Controller

C

Cyndi Reseburg

Head of Communications

D

Daniel Sherman

Head of Portfolio PR

E

Esaul Delgadillo

Fund Controller

G

Garry Tan

Founder & Board Partner

K

Kim-Mai Cutler

Partner

M

Maeve Kelly Bodden

Administrative Assistant

M

Marinda Luk

Chief Financial Officer

M

Mitesh Singh

AI Engineer

R

Robert Lindsey

Head of Finance Operations

T

Tiffany Foo

Head of Talent

V

Vivian Chaves

Head of Community

Z

Zoe Perret

Partner

Portfolio

Investments

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

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

Atomic.Finance allows users to trade Bitcoin options while maintaining self-custody of their keys. It enables speculation on price action and hedging against volatility without trusting a third party.

Seed1 Apr, 2020$2.5M roundSyndicated · 3 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 round
Ecosystem Foundation raise26 Mar, 2022$100T round
Unknown1 Sep, 2021$230M round
Public Sale1 Jul, 2020$43M round$370M valuation
Unknown1 Jun, 2020$12M roundSyndicated · 6 disclosed investors
Unknown1 Jun, 2019$6M roundSyndicated · 6 disclosed investors
Azura logo

Azura

crypto
Blockchain Platforms

Azura is a DeFi platform offering a full-stack trading interface for accessing decentralized finance assets and real-time market data.

Seed22 Oct, 2024$6.9T roundSyndicated · 8 disclosed investors
Infrastructure

Bison Trails is represented on Coinbase Cloud as a provider of trusted crypto infrastructure for businesses.

Series A1 Nov, 2019$26M roundSyndicated · 11 disclosed investors
Seed1 Mar, 2019$5.3M roundSyndicated · 7 disclosed investors
Caliza logo

Caliza

crypto
Finance

Caliza provides compliant, real-time payments and USD account infrastructure for global businesses.

Unknown1 Jul, 2024$8.5M roundSyndicated · 6 disclosed investors
Unknown1 Sep, 2023$5.3M round
Coinbase logo

Coinbase

crypto
Finance

Coinbase offers a platform for securely buying, selling, transferring, and storing cryptocurrency.

Post-IPO Equity7 Jun, 2021$3.3T round
Series F21 Dec, 2018$22T round
Unknown1 Dec, 2018$50M round
Series E30 Oct, 2018$300T round
Unknown1 Oct, 2018$300M roundSyndicated · 7 disclosed investors
Series F1 Jan, 2018$1.7T round
Series D10 Aug, 2017$108T round
Series C6 Jul, 2016$11T round
Series C13 Jan, 2015$75T round$475M valuationSyndicated · 18 disclosed investors
Series B1 Dec, 2013$25M round
Series A1 May, 2013$5M round
Seed1 Sep, 2012$600K round
Uncategorized

CoinTracker helps users track crypto portfolios and generate tax reports by connecting to exchanges and wallets.

Series A1 Jan, 2022$100M round$1.3B valuationSyndicated · 9 disclosed investors
Seed10 Apr, 2018$1.5T round
Pre-Seed1 Feb, 2018$120K round
Venture Capital

A community of fans funding and growing the next generation of creators.

Seed10 Aug, 2022$20T roundSyndicated · 27 disclosed investors
HackerNoon logo

HackerNoon

out of scope
Media

HackerNoon is an open, international technology publishing community for technologists to read, write, learn, and publish. It serves contributing writers and monthly readers with technology stories and expertise.

Seed10 Jun, 2020$1.5T round
Strategic1 Jun, 2020$1M round$12M valuation
Unknown1 Dec, 2018$750K round
Equity Crowdsale4 Mar, 2018$1.1T roundSyndicated · 6 disclosed investors
Developer Tooling

Sequence is the application layer for web3, making blockchain development accessible, powerful, and interconnected to revolutionize economies, games, apps, and the Internet.

Series A4 Oct, 2022$40T round
Seed29 Jul, 2021$4.5T round
Seed10 Mar, 2020$5T roundSyndicated · 7 disclosed investors
Finance

Hummingbot Foundation is a not-for-profit organization that maintains Hummingbot, an open-source Python framework for automated crypto market making and algorithmic trading. The framework supports trading strategies across centralized and decentralized exchanges and blockchains for individual and professional traders.

Series A9 Jun, 2021$8T roundSyndicated · 11 disclosed investors
Seed1 Sep, 2020$2.6T round
Seed24 Sep, 2018$3.6T round
Invisible Universe logo

Invisible Universe

out of scope
Media

Invisible Universe is an AI-powered studio for short-form content creation. The company originally created beloved animated characters and franchises for social media, and has since built Invisible Studio, an AI-powered platform that lets creators produce short-form content at the speed of social.

Series A1 Aug, 2022$12M roundSyndicated · 6 disclosed investors
Manifold logo

Manifold

crypto
NFTs

Manifold builds tools for creators to create, sell, and distribute digital goods on Ethereum. Its products support publishing onchain, minting digital works, and building custom creator experiences.

Seed1 Oct, 2021Syndicated · 2 disclosed investors
Nemesis logo

Nemesis

crypto
Finance

Nemesis is a DeFi protocol building the first permissionless margin trading platform for onchain tokens, powered by its Omni-Directional Market Maker (OMM) liquidity framework. It enables traders to long or short any ERC20 token with up to 5x leverage without relying on derivatives, and lets liquidity providers earn combined trading fees and interest income. The protocol is currently in testnet, serving DeFi traders and liquidity providers.

Pre-Seed1 Oct, 2025$20M valuationSyndicated · 4 disclosed investors
Paper logo

Paper

crypto

Paper simplifies NFT transactions by providing wallets, checkouts, and a minting toolkit.

Seed1 May, 2022$9.3M roundSyndicated · 17 disclosed investors
Gaming

Pin-Up Casino Bangladesh is an online casino and sports-betting platform aimed at Bangladeshi players. It offers casino games, live dealer games, sports betting, bonuses, local payment options, and an Android app.

Seed1 Apr, 2020$2.5M roundSyndicated · 5 disclosed investors
Pre-Seed1 Jun, 2019$200K round

Stealth

Unknown1 Dec, 2018$2.9M roundSyndicated · 4 disclosed investors
Skyweaver logo

Skyweaver

crypto
Gaming

Skyweaver is a browser-based cross platform card game where you can own, trade and gift your cards. Deeply strategic gameplay combined with a player-owned marketplace lets you win tradable NFT cards on your journey to becoming a legendary Skyweaver!

Series A1 Jul, 2021$4.5M round
Seed1 Mar, 2020$5M roundSyndicated · 6 disclosed investors
Unknown1 Jul, 2019$3.8M roundSyndicated · 6 disclosed investors
SparkSwap logo

SparkSwap

crypto
Finance

SparkSwap is a decentralized finance (DeFi) platform on the Binance Smart Chain (BSC). It provides a one-stop solution for users to swap cryptocurrencies, bridge assets across chains, earn rewards through staking and farming, launch new projects via its IDO launchpad (SparkLaunch), and manage NFT collections.

Seed8 Apr, 2019$3.5T roundSyndicated · 3 disclosed investors
Series A1 Apr, 2019$3.5M roundSyndicated · 3 disclosed investors
Seed1 Aug, 2018
Synq logo

Synq

crypto
Finance

Synq is a universal liquidity network for trading tokens across EVM and SVM networks from one account and balance. It provides non-custodial, cross-chain token trading without bridging or gas fees.

Seed13 Sep, 2022$2.8T roundSyndicated · 6 disclosed investors
TRM Labs logo

TRM Labs

crypto
Data & Analytics

Blockchain intelligence company providing tools to detect, investigate, and manage crypto-related fraud, financial crime, and compliance for institutions and government agencies.

Series C4 Feb, 2026$70T round$1B valuation
Series B9 Nov, 2022$70T round
Series B7 Dec, 2021$60T round
Series A17 Jun, 2021$14T round
Seed19 Nov, 2019$4.2T round
Unknown1 Nov, 2019$4.2M roundSyndicated · 4 disclosed investors
Seed1 Jan, 2019$1.7M round
Vibe Bio logo

Vibe Bio

ai robotics
Healthcare

Vibe Bio provides VibeOne, an AI-powered decision infrastructure platform for biopharma business development, helping BD&L teams speed up asset diligence, identify more assets, and reduce SME workload. Vibe Bio also invests in founders working on cures for rare and overlooked diseases.

Seed1 Jun, 2022$12M roundSyndicated · 5 disclosed investors