Framework Ventures states checks of $5M to $50M, Dragonfly $3M to $30M+ and Electric Capital $1M to $15M+; the other six firms here publish no range. This page is a pitching directory for founders. Every firm invests through private funds that are not offered to the public, so it is not a list of places to invest.
The 9 best crypto vc firms
Electric Capital states checks of $1M to $15M+, the lowest floor published by any firm here, and takes email at [email protected]. It was founded in 2018.
- Platforms
- Web
- Launched
- 2018
- Company
- Over $3B invested across 100+ startups; checks of $1M to $15M+
Pros
- Publishes a check range: $1M to $15M+
- Public contact email for founders: [email protected]
- Keeps open developer data on GitHub
Cons
- Also invests outside crypto, in AI and other frontier tech
- Not an investment you can buy: its funds are private and not offered to the public
Skip it if your company has no link to crypto, AI or distributed systems.
Pantera takes pitches at [email protected] and runs separate venture equity and early-stage token strategies. It says it launched the first US cryptocurrency fund in 2013.
- Platforms
- Web
- Launched
- 2013, described by the firm as the first US cryptocurrency fund
- Company
- Offices in San Francisco, New York and San Juan
Pros
- Public pitch address: [email protected]
- Invests in both company equity and early-stage tokens
- Operating since 2013, the longest record in this group
Cons
- Investor access runs through its capital formation team, not open to retail buyers
- Assets figure is as of March 31, 2026 and will change
Skip it if you want a firm that states a check size: Pantera does not.
Multicoin, founded in May 2017, reviews unsolicited pitches sent to [email protected] or its contact form, and says a warm intro speeds review.
- Platforms
- Web
- Launched
- May 2017
- Company
- Multicoin Diversified Fund I, LP: business address in Austin, TX (Form D filed Jul 25, 2017)
Pros
- Accepts unsolicited pitches by email or a 'Pitch an idea for investment' form
- Runs both a hedge fund and venture funds, so it can buy tokens and equity
Cons
- States no fund size or check range on its site
- Not an investment you can buy: its funds are private and not offered to the public
Skip it if you need a stated check range.
#4V
Named partners, open inbox
Variant, based in New York and active since 2020, names each investment partner on its team page and invites founders to write to [email protected].
- Platforms
- Web
- Launched
- 2020
- Company
- New York City (75 Spring Street, Soho)
Pros
- Public contact email for founders: [email protected]
- Team page lists each investment partner by name
- Publishes regular investment write-ups on its site
Cons
- No check size or stage range published on its site
- Writing now also covers AI, so crypto is not its only topic
Skip it if you need a published stage or check range: its site states none.
Dragonfly states checks of $3M to $30M+ from seed through Series B and beyond, with offices in New York and Singapore.
- Platforms
- Web
- Company
- Offices in New York City and Singapore; managing partners Haseeb Qureshi and Bo Feng
Pros
- Publishes a check range: $3M to $30M+
- Offices in New York and Singapore suit teams selling in the US and Asia
Cons
- No founding year stated on its homepage
- Not an investment you can buy: its funds are private and not offered to the public
Skip it if you are raising under $3M.
Framework Ventures, based in San Francisco, says it leads early-stage rounds and that its checks typically range from $5M to $50M.
- Platforms
- Web
- Company
- San Francisco-based venture capital firm
- Pricing
- Typical check size $5M to $50M
Pros
- States a typical check range: $5M to $50M
- Leads rounds rather than only following
Cons
- Floor of $5M is high for pre-seed teams
- Homepage names no public pitch email
Skip it if your round is under $5M or you want a public pitch email.
a16z crypto says it has raised more than $9.8 billion across five funds and runs the CSX accelerator, which gives very early teams a structured way in.
- Platforms
- Web
- Launched
- June 24, 2018, with a $350M first fund
- Company
- Part of Andreessen Horowitz; more than $9.8 billion raised across five crypto funds
Pros
- States more than $9.8 billion raised across five crypto funds
- Runs its own startup accelerator, CSX, for early teams
- Publishes research, policy and engineering content founders can use
Cons
- No public pitch email or form on its about page
- Not an investment you can buy: its funds are private and not offered to the public
Skip it if you need a cold-pitch address: its about page lists none.
Paradigm, founded in 2018, backs founders from first check to public markets and lists contact emails for San Francisco, New York and Washington DC.
- Platforms
- Web
- Launched
- 2018
- Company
- San Francisco HQ, offices in New York City and Washington DC
Pros
- Invests at every stage, from first check to public markets
- Publishes city-specific contact emails (sf@, nyc@, [email protected])
- 130+ investments to date, per its about page
Cons
- Also invests in AI and robotics, so crypto is not its only focus
- Does not publish a fund size on its about page
Skip it if you want a crypto-only investor: it also backs AI and robotics.
Polychain's homepage links an application for founders. Its first fund filed a Form D with the SEC in August 2016.
- Platforms
- Web
- Launched
- First fund (Polychain Fund I LP) filed Form D with the SEC on Aug 11, 2016
- Company
- Polychain Fund I LP, Delaware; business address 548 Market Street, San Francisco, CA
Pros
- Has an 'Apply to Polychain and our Portfolio' link on its homepage
- SEC filings date its first fund to 2016
Cons
- Website gives almost no detail on team, stages or check sizes
- Private fund offerings only; not open to retail investors
Skip it if you want to research partners first: its site lists almost nothing beyond a contact and the apply link.
Not on this list
Coinbase Ventures: Its pages returned 403 to our checks, so we could not confirm stage or pitch details from a first-party page.
Crypto VC Firms compared
Select a name to jump to its review.
“Not verified” means we could not confirm the value on the project’s own pages.
How we rank crypto vc firms
- 01Pitch route: a public email, form or program a founder can use without an intro.
- 02Check size: a range the firm publishes itself. No range is noted as no range, not guessed.
- 03Stage fit: whether the firm says which stages it backs.
- 04Disclosure: founding year, office and team named on the firm's own site.
No project paid to be listed or ranked. Full rules: methodology.
How to choose
Filter by stated check size first
Framework's floor is $5M, Dragonfly's $3M and Electric Capital's $1M. A $750K pre-seed pitch to a $5M floor is a wasted email.
Use the published address, not LinkedIn
Pantera, Multicoin, Electric Capital and Variant all print an email on their own sites. Multicoin says a warm intro speeds review, so ask a portfolio founder if you can.
Say equity or tokens in line one
Pantera runs separate equity and token strategies. Stating the instrument routes your email to the right team.
Very early? Try a program
a16z crypto's CSX accelerator is a door for pre-seed teams that no cold email opens.
Who should skip all of these
- Retail investors: these funds are private and not offered to the public.
- Founders looking for grants: these firms expect equity or tokens; check a chain's grant program.
- Anyone seeking investment advice: this ranks firms for founders raising money.
Bottom line
Match your round size to a stated range, then use the firm's own pitch address: Framework, Dragonfly and Electric Capital publish ranges; Pantera, Multicoin, Electric Capital and Variant publish emails.
These firms fund founders. Their funds are private and not offered to the public.
Educational content, not financial advice. Crypto assets are volatile; do your own research.
FAQ
Which crypto VCs publish a check size?
±
Framework Ventures ($5M to $50M), Dragonfly ($3M to $30M+) and Electric Capital ($1M to $15M+). The others on this page did not on the pages we checked.
Which crypto VCs accept cold pitches?
±
Pantera ([email protected]), Multicoin ([email protected] or its form), Electric Capital ([email protected]) and Variant ([email protected]) publish addresses. Polychain links an application.
Can I invest in these funds?
±
Not as a retail investor. They invest through private funds that are not offered to the public.
How is this different from your web3 VC list?
±
This page is sorted by how to reach each firm and adds Variant and Framework Ventures. The web3 VC list ranks the firms on stage and track record.
What changed in this list
2026-09-26First version: 9 crypto venture firms sorted by pitch route and stated check size.