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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
VelaFi2026Series B$20.0MMexico City
Rain2026Series C$250.0MNew York
ConsenSys2025Series UnknownUndisclosedBrooklyn
Polymarket2025Series UnknownUndisclosedNew York
Hello Trade2025Seed$4.6M
Commonware2025Corporate Round$25.0MPalo Alto
ZAR2025Seed$12.9MSingapore
MegaETH2025Initial Coin Offering$50.0MStanford
Kaito2025Series UnknownUndisclosedSeattle
MyPrize2025Series Unknown$21.0MMiami

Complete List of Dragonfly Portfolio Companies (201)

Export
#CompanyStageAmountLocation
101VelaFiSeries B$20.0MMexico City, Mexico
102RainSeries C$250.0MNew York, United States
103ConsenSysSeries UnknownUndisclosedBrooklyn, United States
104PolymarketSeries UnknownUndisclosedNew York, United States
105Hello TradeSeed$4.6M
106CommonwareCorporate Round$25.0MPalo Alto, United States
107ZARSeed$12.9MSingapore, Singapore
108MegaETHInitial Coin Offering$50.0MStanford, United States
109KaitoSeries UnknownUndisclosedSeattle, United States
110MyPrizeSeries Unknown$21.0MMiami, United States
BankingBlockchainCloud ComputingCryptocurrencyEnterprise SoftwareFinancial ServicesFinTechMobile PaymentsPayments

VelaFi is a digital finance company that specializes in crypto, mobile app, payment, blockchain, wallet, and fintech services.

Mexico City, Mexico
January 2026
$20.0M
Series B

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyDecentralized Finance (DeFi)FinTechWeb3

Rain is a fintech company that builds stablecoin-powered payment infrastructure, allowing businesses and individuals to use tokenized money.

New York, United States
January 2026
$250.0M
Series C

Founder Contacts

30,000+ verified contacts

ConsultingDecentralized Finance (DeFi)Financial ExchangesHealth CareIndustrial DesignNon-Fungible Token (NFT)Web3

ConsenSys builds Ethereum blockchain infrastructure and applications ranging from developer tools to enterprise solutions.

Brooklyn, United States
December 2025
Series Unknown

Founder Contacts

30,000+ verified contacts

CryptocurrencyFinancial ServicesPrediction MarketsPredictive Analytics

Polymarket operates a blockchain-based marketplace where users trade on the outcomes of real-world events through prediction markets.

New York, United States
November 2025
Series Unknown

Founder Contacts

30,000+ verified contacts

Financial Services

HelloTrade, a blockchain-based trading platform founded by former BlackRock digital asset division employees.

November 2025
$4.6M
Seed

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyFinancial ServicesFinTech

Commonware is a crypto infrastructure startup that develops blockchain primitives to assist developers in optimizing their networks.

Palo Alto, United States
November 2025
$25.0M
Corporate Round

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyWeb3

ZAR establishes a connection between cash-based economies and the web3 framework, facilitating adoption of stablecoins.

Singapore, Singapore
October 2025
$12.9M
Seed

Founder Contacts

30,000+ verified contacts

BlockchainCloud ManagementEthereum

MegaETH is an operator of a blockchain platform for traditional cloud computing servers.

Stanford, United States
October 2025
$50.0M
Initial Coin Offering

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)CryptocurrencyInformation TechnologyMachine LearningSoftware

AI-powered search engine for digital assets

Seattle, United States
August 2025
Series Unknown

Founder Contacts

30,000+ verified contacts

GamingOnline GamesSoftware

MyPrizeUS is the fastest growing platform in the free-to-play video games market

Miami, United States
July 2025
$21.0M
Series Unknown

Founder Contacts

30,000+ verified contacts

BlockchainFinancial ServicesFinTech

Rhea Finance is a multi-purpose decentralized finance platform that provides chain-abstracted liquidity solutions.

London, United Kingdom
July 2025
$4.5M
Seed

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyDecentralized Finance (DeFi)Financial ServicesTrading PlatformWeb3

Variational is a protocol for peer-to-peer trading, clearing, and settlement of perpetuals and generalized derivatives.

George Town, Cayman Islands
June 2025
$1.5M
Undisclosed

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
Series Unknown

Founder Contacts

30,000+ verified contacts

CryptocurrencyE-CommercePeer to Peer

Codex is a peer-to-peer version of electronic cash which allow online payments sent directly from one party to another.

New York, United States
February 2025
$15.8M
Seed

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
January 2025
$20.0M
Series Unknown

Founder Contacts

30,000+ verified contacts

CryptocurrencyDecentralized Finance (DeFi)Financial ServicesFinTech

USDX is a synthetic USD stablecoin built for the crypto ecosystem

Hong Kong, Hong Kong
November 2024
$45.0M
Seed

Founder Contacts

30,000+ verified contacts

TelecommunicationsWireless

Andrena is a developer of an internet distribution platform designed to offer high-speed internet at reduced costs.

New York, United States
September 2024
Undisclosed

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyFinancial Services

Orderly Network is a next generation trading infrastructure.

Nassau, Bahamas
August 2024
$5.0M
Series Unknown

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencyInformation TechnologyInfrastructureSoftware EngineeringWeb3

Caldera offers a no-code Web3 infrastructure platform to help developers spin up layer-2 blockchains.

San Francisco, United States
July 2024
$15.0M
Series A

Founder Contacts

30,000+ verified contacts

BlockchainCryptocurrencySoftware

Dora is a block explorer that is building a cross chain search engine.

Brooklyn, United States
July 2024
$5.5M
Seed

Founder Contacts

30,000+ verified contacts

Artificial Intelligence (AI)Developer APIsSoftware

Prodia is an AI infrastructure company, that runs the fastest image generation platform in the world

Atlanta, United States
July 2024
$15.0M
Seed

Founder Contacts

30,000+ verified contacts

Blockchain

Avail is a team of innovators dedicated to transforming the blockchain world.

Dubai, United Arab Emirates
June 2024
Series Unknown

Founder Contacts

30,000+ verified contacts

BlockchainCloud ComputingInfrastructureSoftware EngineeringWeb3

Nexus is enabling the Verifiable Internet

San Francisco, United States
June 2024
$25.0M
Series A

Founder Contacts

30,000+ verified contacts

Showing 101-125 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 Blockchain, Cryptocurrency, Financial Services, FinTech, Web3. The firm invests across 38 different industry categories.

What is Dragonfly's largest investment?

Among tracked funding rounds, Rain received $250.0M in a Series C 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 VelaFi, Rain, ConsenSys, Polymarket, Hello Trade. These companies were founded in 2020 or later.

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