Variant Fund

Venture Capital

Early-stage crypto venture capital firm founded by Andreessen Horowitz veterans, investing in Web3 startups turning users into owners across DeFi, blockchain computing, and decentralized ownership.

Variant Fund was founded in 2020, is headquartered in New York, United States, has 29 recorded investments, and includes 43 companies in its recorded portfolio.

Early Stage
Seed
Crypto & Web3
Headquarters
New York, United States
Founded
2020
AUM
$582.0M
Portfolio Companies
43
Total Investments
29
Last Investment
Aug 2026
Geographic Focus
United States

Indexed holds 43 portfolio companies and 29 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Early-stage crypto fund investing in Web3 projects that turn users into owners across DeFi, blockchain computing, and decentralized ownership.

Variant Fund is a Venture Capital firm based in New York, United States. It was founded in 2020. It has made 29 investments, including Blockaid, Pluralis and Lens Protocol. Focus areas include Crypto & Web3.

Portfolio43

Co-investors24

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24 co-investors across 98 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×21 · Corporate VC ×2 · Angel Group ×1 · 41 shared rounds

Investment History

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Variant Fund on Indexed.vc
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