All funds
Notation Capital logo

Notation Capital

$36Tdisclosed portfolio round capital
11 Jul, 2023last investment
7portfolio companies
3team members

Analyst signals

Portfolio activity and matriculation

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

85.7%companies with a later round · 6/7
1.75×median round-size step-up · n=6
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 10 syndicated
Finance · 1 companiesInfrastructure · 1 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 Notation Capital's portfolio

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

People

Team

A

Alex Lines

M

Mackenzie Regent

N

Nick Chirls

Portfolio

Investments

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

Alluvial logo

Alluvial

crypto

Alluvial is a software development company that supports the development of the Liquid Collective protocol. It provides enterprise-grade APIs and services focused on Ethereum liquid staking, enabling platforms like exchanges and custodians to offer staking, minting, and redemption of LsETH (Liquid Staked ETH) to their end-users.

M&A1 Dec, 2025
Strategic12 Nov, 2024$4.3T round
Series A11 Jul, 2023$12T roundSyndicated · 21 disclosed investors
Seed1 Jan, 2023$6.2M round
BastionZero logo

BastionZero

out of scope

BastionZero was acquired by Cloudflare in May 2024. Its technology for Zero Trust Network Access (ZTNA) is being integrated into Cloudflare's platform to secure privileged access to infrastructure targets.

Seed1 Mar, 2022$6M round
Seed15 Dec, 2017$1.5T roundSyndicated · 2 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
Evaluate logo

Evaluate

crypto

Stealth

Seed1 May, 2022$4M roundSyndicated · 8 disclosed investors
Pre-Seed1 Mar, 2021$1.6M roundSyndicated · 4 disclosed investors
ICHI logo

ICHI

crypto
Finance

ICHI is a non-custodial DeFi protocol for automated liquidity management. It enables single-token deposits into automated vaults that deploy concentrated liquidity across AMMs for token projects, DAOs, asset managers, and blockchain ecosystems.

Seed1 Feb, 2022$3.5M roundSyndicated · 16 disclosed investors
NuCypher logo

NuCypher

crypto

NuCypher builds day-one-decentralized access control plugins & extensions, and is a major contributor to the Threshold Network (tBTC, cryptoeconomics, governance, etc.).

ICO7 Oct, 2019$11T roundSyndicated · 10 disclosed investors
Unknown15 Apr, 2018$11T roundSyndicated · 14 disclosed investors
Unknown12 Dec, 2017$4.4T round
Unknown1 Oct, 2017
Unknown1 Mar, 2017
Seed9 Aug, 2016$750B round
Tally logo

Tally

crypto

Tally provides institutional-grade software for onchain organizations. It offers tools to manage the complete token lifecycle, including token launch, governance, and staking, powering institution-ready digital assets for valuable networks.

Series A22 Apr, 2025$8T round
Grants1 Oct, 2023$155K round
Unknown1 Aug, 2021$6M round
Unknown18 Mar, 2021$1.5T roundSyndicated · 4 disclosed investors