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Reciprocal Ventures

New York, New York · Invests in US; UK; Europe · Website

Pre-SeedSeedSeries ADeveloper ToolsFintechCrypto & Web3Fintech & PaymentsDeveloper Tools & Infrastructure

Thesis

Blockchain networks are upgrading the internet and capital markets. We invest in founders building decentralized technologies and protocols that reshape trust in our legacy systems. We believe the resource coordination and verifiability of open-source blockchains will fundamentally restructure finance, identity, and digital infrastructure.

Likely not a fit for

Non-technical teams, pure speculation/casino mechanics, centralized solutions that don't leverage blockchain, projects without clear product-market differentiation.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Preferred
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$201.1M
Decision process
Partnership vote

Partners & team

7 contacts on file

MS

Michael Steinberg

General PartnerManaging Partner & Founder · Primary contact

+ Pitch

LinkedIn profile

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CB

Craig Burel

General PartnerGeneral Partner

+ Pitch
JE

James Evans

AssociateSenior Associate

+ Pitch
AR

Ann Rodriguez

Platform & OpsChief Operating Officer

+ Pitch
SF

Steve Feldman

Director of Business Development

+ Pitch
AS

Ali Sheikh

Venture PartnerVenture Partner

+ Pitch
EL

Elle Leemay Chen

Venture PartnerVenture Partner

+ Pitch

Portfolio

SolanaFintech Payments

Solana is a high-performance blockchain network that powers internet capital markets, payments, and crypto applications. It is known for being fast, decentralized, and scalable.

Graph ProtocolDeveloper Tools Infra

The Graph is an open-source protocol that enables efficient indexing and querying on blockchains, making it easily accessible for developers, projects, and applications.

BlockdaemonFintech Payments

Blockdaemon secures $110B+ in digital assets for the world’s leading financial institutions, providing a secure, scalable foundation for staking, nodes, APIs, and wallets across 60+ protocols.

EigenLayerDeveloper Tools Infra

EigenLayer is a protocol built on Ethereum that introduces Restaking, a new primitive for Web3 builders that provides a marketplace for trust, allowing users to stake assets and secure offchain services while earning rewards.

Kamino FinanceFintech Payments

Kamino Finance is evolving from a lending protocol into the infrastructure layer for institutional finance and tokenized assets on Solana, offering fixed rates, off-chain collateral solutions, and a comprehensive platform for managing tokenized asset issuance.

HeliusDeveloper Tools Infra

Helius is Solana's leading RPC and API platform, providing reliable and low latency RPCs, transaction landing services, and data streaming tools for developers and teams in the Solana ecosystem.

Recall NetworkEnterprise Software

Recall Network is a decentralized platform focused on AI agent discovery and coordination, utilizing blockchain technology to enhance user engagement and community participation through gamified rewards.

DoubleZeroDeveloper Tools Infra

DoubleZero is a high-performance global network purpose-built for distributed systems, providing low-latency networking solutions for validators and blockchain applications.

MyGatewayFintech Payments

MyGateway, operating as Circle, provides open infrastructure for faster, smarter payments through digital assets and blockchain technology. It connects traditional finance with digital assets, trusted by leading institutions since 2013.

Grips IntelligenceEnterprise Software

Grips Intelligence provides actionable insights and data analytics for e-commerce businesses, focusing on competitor intelligence and product performance metrics to drive growth.

Hedgehog MarketsGaming

A platform that allows users to create markets and place bets on various events, including cryptocurrency price predictions and political outcomes.

Plume Network

Recent activity

Reciprocal Ventures in the news

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Research briefRead more
Reciprocal Ventures Research Investment Thesis Reciprocal Ventures is a blockchain and cryptocurrency-focused venture capital firm that invests in founders building decentralized technologies to reshape the internet and capital markets. Founded in 2016 by Michael Steinberg and led by Managing Partner Michael and General Partner Craig Burel, the firm believes that blockchain networks represent a pa

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