Skip to main content
Back to Investors

Dragonfly Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

Dragonfly Investment Overview

Portfolio Companies
201
Total Invested
$2.8B
Average Investment
$18.9M

Dragonfly's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Babel Finance2022Series B$80.0MHong Kong
Commonwealth Labs2022Venture - Series Unknown$20.0MSan Francisco
BitDAO2022SeedUndisclosedPanama City
Variational2026Series AUndisclosedGeorge Town
Parcl2022Series A$7.5MNew York
Metatheory2022Series A$24.0MSan Francisco
Monad2024Venture - Series UnknownUndisclosedNew York
Branch2022Seed$12.5MSeattle
Kikitrade2022Venture - Series Unknown$6.0MKowloon City
Trisolaris2022Seed$4.5MSão Miguel

Complete List of Dragonfly Portfolio Companies (201)

Export
#CompanyStageAmountLocation
26Babel FinanceSeries B$80.0MHong Kong, Hong Kong
27Commonwealth LabsVenture - Series Unknown$20.0MSan Francisco, United States
28BitDAOSeedUndisclosedPanama City, Panama
29VariationalSeries AUndisclosedGeorge Town, Cayman Islands
30ParclSeries A$7.5MNew York, United States
31MetatheorySeries A$24.0MSan Francisco, United States
32MonadVenture - Series UnknownUndisclosedNew York, United States
33BranchSeed$12.5MSeattle, United States
34KikitradeVenture - Series Unknown$6.0MKowloon City, Hong Kong
35TrisolarisSeed$4.5MSão Miguel, Portugal
BlockchainCryptocurrencyFinancial ServicesFinTech

Babel Finance is a global cryptocurrency financial service provider serving institutional and HNW investors.

Hong Kong, Hong Kong
May 2022
$80.0M
Series B

Founder Contacts

30,000+ verified contacts

CryptocurrencyInformation Technology

Commonwealth Labs is a governance startup offering a new twist on token airdrops.

San Francisco, United States
May 2022
$20.0M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

BitcoinCryptocurrencyFinance

BitDAO is a decentralized autonomous organization leveling the economic playing field through a decentralized tokenized economy.

Panama City, Panama
May 2022
Seed

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyDecentralized Finance (DeFi)Financial ServicesTrading PlatformWeb3

Variational develops blockchain infrastructure for peer-to-peer derivatives trading and settlement.

George Town, Cayman Islands
May 2026
Series A

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyReal Estate

Parcl is a blockchain-based real estate platform that allows users to invest in a digital square foot of physical real estate.

New York, United States
May 2022
$7.5M
Series A

Founder Contacts

30,000+ verified contacts

GamingMedia and EntertainmentOnline GamesWeb3

Metatheory focuses on building Web3 games and virtual worlds imagined across innovative new story franchise IPs.

San Francisco, United States
May 2022
$24.0M
Series A

Founder Contacts

30,000+ verified contacts

BlockchainEthereumSmart Contracts

Monad develops a blockchain protocol that streamlines Ethereum throughput via parallel transaction processing techniques.

New York, United States
May 2024
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

GamingOnline GamesSoftware

Branch is where creative rebels thrive, games evolve, and players shape the journey.

Seattle, United States
May 2022
$12.5M
Seed

Founder Contacts

30,000+ verified contacts

CryptocurrencyFinTechInternetTrading Platform

Kikitrade is a cryptocurrency social investment platform that allows individuals to purchase and manage digital assets.

Kowloon City, Hong Kong
April 2022
$6.0M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

BlockchainFinancial Services

Trisolaris is a community-owned decentralized exchange (DEX) with fast-settlement, low fees, and a democratic governance process.

São Miguel, Portugal
April 2022
$4.5M
Seed

Founder Contacts

30,000+ verified contacts

BlockchainFinanceFinancial ServicesWeb3

Context app allows users to observe the transactions of any crypto wallet.

San Francisco, United States
April 2022
$19.5M
Seed

Founder Contacts

30,000+ verified contacts

GamingMetaverse

Blast Royale is a blockchain-based play-to-earn platform.

London, United Kingdom
April 2022
$5.0M
Initial Coin Offering

Founder Contacts

30,000+ verified contacts

BlockchainContent Delivery NetworkCryptocurrencyDecentralized Finance (DeFi)EthereumFinTechInformation Technology

BloXroute is a blockchain distribution network that helps in scaling blockchains to thousands of transactions/second on-chain.

Evanston, United States
April 2022
$70.0M
Series B

Founder Contacts

30,000+ verified contacts

AppsGamingSoftwareWeb3

Officially launched in January 2022, Ethlas is engineering the future of gaming by leveraging Web3 to unlock the next level of experiences.

Singapore, Singapore
April 2022
$6.0M
Seed

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyFinancial ServicesFinTechSoftware

Gauntlet is a fintech company that develops solutions for risk management and simplifies tasks in cryptocurrency businesses.

Brooklyn, United States
April 2023
Grant

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyVirtual Currency

Econia Labs is an Aptos ecological DeFi protocol that aims to develop a back-end protocol.

Portland, United States
March 2023
$6.5M
Seed

Founder Contacts

30,000+ verified contacts

AppsBlockchainCryptocurrency

Megapot is a blockchain-based tokenization platform that offers a lottery jackpot that anybody can enter.

Orange Walk, Belize
March 2026
$5.0M
Pre-Seed

Founder Contacts

30,000+ verified contacts

BlockchainInformation TechnologyInternet

Morph is a fully permissionless EVM L2 that uses a combination of optimistic and zero-knowledge rollup technology.

Singapore, Singapore
March 2024
$19.0M
Seed

Founder Contacts

30,000+ verified contacts

CryptocurrencyFinancial Services

Ejara is an app for Africa and its diasporas to access various investment offers fractional shares, commodities, cryptocurrency, and more.

Bordeaux, France
March 2023
Series A

Founder Contacts

30,000+ verified contacts

BlockchainFinancial ServicesFinTechTransaction Processing

Avalanche provides a decentralized contracts platform for global finance, with near-instant transaction completion.

Brooklyn, United States
March 2026
Corporate Round

Founder Contacts

30,000+ verified contacts

ManufacturingTrading PlatformTraining

Hibachi is a decentralized trading protocol specifically designed for professional traders.

New York, United States
March 2025
$5.0M
Seed

Founder Contacts

30,000+ verified contacts

CasinoCryptocurrencyGaming

Yeet is a new crypto casino and sportsbooka gambling platform.

Caracas, Venezuela
March 2025
$7.8M
Seed

Founder Contacts

30,000+ verified contacts

GamingOnline Games

SlingShot DAO is a dynamic and community-driven platform to empower creatives around the globe.

London, United Kingdom
March 2025
$16.0M
Venture - Series Unknown

Founder Contacts

30,000+ verified contacts

GamingPC Games

Lava Labs is a game development studio.

Nottingham, United Kingdom
March 2022
$10.0M
Series A

Founder Contacts

30,000+ verified contacts

CryptocurrencyFinancial ServicesFinTech

Rhythmic operates as a stablecoin financial platform.

New York, United States
February 2026
$4.0M
Seed

Founder Contacts

30,000+ verified contacts

Showing 26-50 of 201 portfolio companies

Frequently Asked Questions About Dragonfly

How many companies has Dragonfly invested in?

Dragonfly has invested in 201 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Dragonfly invest in?

Dragonfly's top investment sectors include Cryptocurrency, Blockchain, Financial Services, Gaming, FinTech. The firm invests across 27 different industry categories.

What is Dragonfly's largest investment?

Among tracked funding rounds, Babel Finance received $80.0M in a Series B round. Dragonfly's total known invested capital is $2.8B.

What is the average investment size for Dragonfly?

Dragonfly's average investment size is $18.9M across its portfolio of 201 companies.

What are Dragonfly's most recent investments?

Recent Dragonfly portfolio additions include Babel Finance, Commonwealth Labs, BitDAO, Variational, Parcl. These companies were founded in 2020 or later.

Explore Other Top Investors

Discover portfolio companies of other leading venture capital firms and investors.

View All Investors