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Dragonfly Capital Partners

San Francisco, California · Invests in US; Asia; Europe; Global · Website

Pre-SeedSeedSeries ASeries BGrowthGamingB2B SaaSDeveloper ToolsFintechCrypto & Web3Fintech & PaymentsDeveloper Tools & InfrastructureEnterprise Software

Thesis

We back the best researchers and builders who will push the entire crypto ecosystem forward. We believe in supporting foundational blockchain technologies, innovative DeFi protocols, and breakthrough applications that will define the next generation of digital economies.

Likely not a fit for

No pure financial engineering without technical innovation, inexperienced founders, projects primarily motivated by token speculation, or teams without clear product-market fit understanding.

How they invest

Lead or follow
Leads or follows
Typical decision
~2 weeks
Warm intro
Preferred
Involvement
Advisor
Fund status
Actively deploying
Assets under mgmt
$1.1B
Decision process
Partnership vote

Partners & team

9 contacts on file

HQ

Haseeb Qureshi

General PartnerManaging Partner · Primary contact

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h•••@dr•••.xyz

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Eileen Cangany

PartnerPartner

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e•••@dr•••.xyz

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BF

Bo Feng

General PartnerManaging Partner

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Tom Schmidt

General PartnerGeneral Partner

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Rob Hadick

General PartnerGeneral Partner

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Gengmo Qi

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Omar Kanji

PartnerPartner

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CT

Casey Taylor

Head of Portfolio Support

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TL

Tony Li

PartnerPortfolio Support Partner - Asia

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Portfolio

Mesh NetworkEnterprise Software

Consensys Mesh is focused on supporting Web3 founders and advancing the Ethereum ecosystem through investment and mentorship.

Inversion Labs
Polygon

Polygon is a leading blockchain platform designed for payments, offering a suite of solutions that enhance cross-chain interoperability and streamline transactions. With a focus on lower-cost, efficient payment rails, Polygon integrates stablecoins and supports a variety of on-chain assets, making it a go-to choice for developers and users alike.

UniswapFintech Payments

Uniswap is a decentralized protocol that enables peer-to-peer trading of digital assets using Automated Market Makers (AMMs), allowing users to swap tokens, lend, borrow, and build in a decentralized finance (DeFi) ecosystem.

CompoundFintech Payments

Compound is a decentralized finance platform that offers an algorithmic interest rate protocol for developers. It aims to create open financial applications.

MakerDAOFintech Payments

MakerDAO is now Sky — the next evolution of DeFi. It provides a decentralized stablecoin called Dai, which is a price-stable currency that users can control. The platform allows individuals and businesses to generate Dai on their terms, promoting financial freedom without volatility.

ConsensysFintech Payments

Consensys is leading the transition to Decentralized Finance. We connect people and markets through distributed, open-source blockchains.

NEARSemiconductors Hardware

NEAR is a modular, high-speed blockchain protocol designed for AI to act on behalf of users, enabling agents to own assets, make decisions, and transact freely across networks.

starkware.coSecurity Cyber

StarkWare develops blockchain solutions using STARK technology for scalability, security, and privacy.

Animocabrands

Animoca Brands is a leader in digital entertainment, blockchain, and gamification, focusing on creating a new era of digital assets and tokenized real-world assets. The company invests in and develops a wide range of games and applications that leverage blockchain technology to enhance user experiences and ownership.

Amber GroupFintech Payments

Amber Group is a leading crypto financial services platform specialized in digital wealth management and crypto-native liquidity solutions, offering a comprehensive suite of products and institutional-grade experience.

RainFintech Payments

Rain is a financial services company that provides a voluntary benefit allowing employees to access their earned wages instantly, rather than waiting for scheduled paydays. With over 2 million users and partnerships with more than 1,200 employers, Rain helps reduce financial stress for employees while improving retention and productivity for businesses.

Recent activity

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Research briefRead more
Dragonfly Capital Partners Research Investment Thesis Dragonfly Capital Partners is a leading global crypto-focused venture capital firm dedicated to backing "the best researchers and builders who will push the entire crypto ecosystem forward." Founded in 2018, Dragonfly operates as a bridge between Western and Asian crypto markets with deep networks in both regions. The firm believes in supportin

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