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Variant

Variant is an early-stage crypto fund investing at the seed stage. Since 2020, they have invested in projects like Uniswap, Phantom, World, Morpho, Flashbots, Farcaster, Blockaid, and Blackbird. They lead pre-seed and seed rounds and participate in later stage rounds that are core to their thesis.

Check Size

Not specified

Stages

Pre Seed, Seed

Website

variant.fund/

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Investment Thesis

Variant believes crypto can enable billions of internet users to become owners—of their money, identity, and the products and networks they use every day. They operate as a small, focused team that works side-by-side with founders on early-stage strategy as thought partners. The firm is known for being hands-on, with founders describing them as their ‘first call,’ ‘consistent supporter,’ and ‘day to day’ partners who ‘care deeply.’

What They Look For

Portfolio Highlights

Uniswap

Defi

Phantom

Infra

World

Consumer

Morpho

Defi

Flashbots

Infra

Farcaster

Consumer

Blockaid

Infra

Blackbird

Consumer

+ 63 more companies in their portfolio

Investment Team

17 Partners at Variant

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