All funds
New Form Capital logo

New Form Capital

$166Tdisclosed portfolio round capital
1 Dec, 2025last investment
26portfolio companies
6team members

Analyst signals

Portfolio activity and matriculation

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

38.5%companies with a later round · 10/26
4.57×median round-size step-up · n=9
Not availablemedian valuation step-up · n=0
3.3%recorded-solo rate · 1 solo / 29 syndicated
Finance · 10 companiesPayments · 5 companiesInfrastructure · 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 New Form Capital's portfolio

60 current roles at companies backed by New Form Capital, sourced from JobStash's crypto job board.

People

Team

A

Alex Marinier

Founder & General Partner

C

Chris Bae

Entrepreneur-in-Residence

C

Connor Klein

Investment Partner

J

Jake Schwartz

Venture Partner

M

Matt Cooper

Investment Partner

T

Thomas Brophy

VP of Finance

Portfolio

Investments

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

Altitude logo

Altitude

crypto
Finance

Altitude provides businesses with stablecoin-native USD and EUR accounts featuring yield generation, global payment infrastructure, and enterprise treasury controls.

Seed9 Jan, 2024$6.1T roundSyndicated · 12 disclosed investors
Pre-Seed1 Jul, 2022$2.1M round
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
CFX Labs logo

CFX Labs

hybrid
Payments

CFX Labs Inc. is a U.S.-based fintech company operating a regulated alternative payment network for minting, moving, and settling digital dollars (stablecoins) and real-world currencies. It serves businesses—such as fintechs, remittance apps, and payment platforms—looking for wholesale, developer-first access to programmable U.S. dollar money services, including stablecoin issuance, smart wallets, and global real-time payouts.

Seed15 Nov, 2023$9.5T roundSyndicated · 10 disclosed investors
Infrastructure

Cross-chain infrastructure enabling seamless asset and data transfer across multiple blockchain ecosystems.

Series A31 Mar, 2022$32T roundSyndicated · 11 disclosed investors
Seed1 Jun, 2021$7T roundSyndicated · 12 disclosed investors
Payments

CoreChain provides an embedded technology platform for B2B payments and supply chain finance. They offer a white-label, configurable solution for partners like software companies, ERPs, and financial institutions to integrate into their own products, enabling them to offer secure, automated digital B2B payments and generate new revenue streams.

Seed1 Apr, 2022$4.2M roundSyndicated · 8 disclosed investors
Pre-Seed4 Aug, 2021$1.3T roundSyndicated · 4 disclosed investors
Fusion logo

Fusion

crypto
Finance

Fusion is onchain vault infrastructure for deploying and managing automated yield strategies across DeFi protocols on multiple networks.

Seed1 Apr, 2022$5.5M roundSyndicated · 13 disclosed investors
Mountain Protocol logo

Mountain Protocol

out of scope
Finance

Mountain Protocol is the issuer of USDM, a yield-bearing stablecoin collateralized by short-term US Treasuries. It aimed to provide a regulated, transparent, and permissionless financial product for the DeFi ecosystem. As of the latest update, the USDM token is undergoing an orderly wind-down.

Series A6 Jun, 2024$8T round
Seed11 Sep, 2023Recorded solo · lead signal
Nayms logo

Nayms

hybrid
Insurance

Nayms is a regulated marketplace for on-chain insurance that has rebranded to OnRe. The platform connects the insurance industry with tokenized real-world assets, allowing for the creation of digital carriers, access to alternative capital, and crypto-native captives.

Seed23 Jun, 2021$6T roundSyndicated · 6 disclosed investors
Unknown1 Jun, 2021$6M round
Seed15 Jan, 2021$2T round
Pre-Seed1 Nov, 2020
Niural logo

Niural

crypto
Payments

Niural helps businesses run payroll, benefits, and global hiring through a PEO/EOR and HR platform. AI agents automate onboarding, compliance, expenses, and payments.

Series A25 Jun, 2025$31T roundSyndicated · 9 disclosed investors
Orbital logo

Orbital

crypto
Payments

Orbital combines traditional and blockchain payment rails for global enterprises, offering fiat and stablecoin solutions.

Venture Round3 Aug, 2023$6.3T roundSyndicated · 5 disclosed investors
Unknown1 Aug, 2023$6.4M roundSyndicated · 5 disclosed investors
Finance

Orbit Markets is a crypto-options market maker and OTC trading provider. It supplies liquidity and structured-products solutions to institutional clients including foundations, miners, family offices, and fund managers.

Unknown1 Jul, 2022$4.6M roundSyndicated · 5 disclosed investors
Finance

Polymarket is a decentralized information markets platform that lets users bet on the outcome of real-world events.

Unknown27 Mar, 2026$600T round
Strategic7 Oct, 2025$2000T round
Unknown7 Oct, 2025$150T round$9B valuation
Unknown1 Aug, 2025$150M round$1.2B valuation
Unknown1 Nov, 2024$55T round
Unknown1 Oct, 2024$55M round$350M valuation
Series A14 May, 2024$25T round
Series B14 May, 2024$45T round
Series A1 Jan, 2024$25M round
Seed19 Oct, 2020$4T roundSyndicated · 17 disclosed investors

Ratio Finance is focused on de-risking DeFi by offering innovative financial products.

Unknown1 Jul, 2021$2.3M roundSyndicated · 7 disclosed investors
Sentora logo

Sentora

crypto
Finance

Sentora connects traditional finance with decentralized finance through institutional-grade solutions for digital asset management, yield optimization, and risk management.

Series A6 May, 2025$25T roundSyndicated · 7 disclosed investors
Sentora logo

Sentora

crypto
Service Provider

Sentora is an institutional DeFi platform providing strategy design, risk management, and coverage for onchain capital deployment. It serves institutions and protocols deploying capital across DeFi markets.

Seed7 Sep, 2023$8T roundSyndicated · 5 disclosed investors
Finance

Swaap Finance builds and operates onchain trading systems.

Seed1 Apr, 2023$4.5M roundSyndicated · 7 disclosed investors
Auditing

TestMachine builds AI-driven security infrastructure for smart contracts, offering automated vulnerability detection and audit agents (such as its Azimuth Attack Agent) that identify exploitable, proven execution paths rather than theoretical flags. Its clients include Web3 protocols, auditors, and blockchain security teams seeking high-signal, low-false-positive analysis of their codebases.

Unknown1 Dec, 2025$6.5M roundSyndicated · 10 disclosed investors
tread.fi logo

tread.fi

crypto
Finance

tread.fi provides an algorithmic trading terminal for digital assets. It lets traders connect their own CEX and DEX accounts, execute trades with algorithms, and integrate with its trading engine through a REST API.

Pre-Seed1 Jul, 2024$3.5M roundSyndicated · 5 disclosed investors
Uncategorized

TRES Finance helps businesses manage Web3 financial operations by providing crypto accounting, treasury management, and compliance tools across multiple chains.

M&A1 Jan, 2026$130M round
Series A1 Dec, 2023$11M roundSyndicated · 5 disclosed investors
Truvius logo

Truvius

crypto
Asset Management

Truvius is an SEC-registered investment advisor headquartered in Boston, Massachusetts. Founded in 2022, we serve affluent investors and family offices seeking fundamentals-driven systematic, broad-based exposure to digital assets designed for the long-run.

Pre-Seed18 Jul, 2024$3.2T roundSyndicated · 4 disclosed investors
Unioverse logo

Unioverse

out of scope
Gaming

Unioverse is Bit Bot’s original sci-fi gaming ecosystem, described as a cross-IP experience where licensed characters battle across interconnected universes. It combines fast gameplay, cinematic storytelling, worldbuilding, and a related comic collection.

Unknown1 Sep, 2022$7.6M roundSyndicated · 7 disclosed investors
Vauld logo

Vauld

out of scope
Finance

Vauld is a digital-assets platform operated through Singapore and India entities. Its original services included crypto trading, custody, lending, fixed deposits, and wallet services; it is currently administering creditor distributions under a restructuring scheme.

Series A29 Jul, 2021$25T roundSyndicated · 12 disclosed investors
Seed30 Dec, 2020$2T roundSyndicated · 8 disclosed investors
ZBD logo

ZBD

fintech
Payments

ZBD is a fintech company for games. It provides embedded real-money rewards, payments, payouts, debit cards, and embedded accounts to help game studios improve player engagement, retention, and revenue.

Series C1 Jan, 2026$40M round
Series B1 Jul, 2022$35M round
Series A1 Sep, 2021$12M roundSyndicated · 8 disclosed investors
Seed1 Oct, 2019$800K round