About Inflection
Inflection is a venture capital firm founded in 2019. It is primarily based out of Berlin, Germany. As of Nov 2025, Inflection is an active investor, having invested in 40 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of Arx Overall, Inflection portfolio has seen 1 unicorn, 1 IPO and 2 acquisitions including key companies like Bitcoin, Flashbots and Ultimate. A lot of funds co-invest with Inflection, with names like Protocol Labs sharing a substantial percentage of its portfolio. Inflection has team of 8 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
Inflection's List of Top Investments
Inflection has a portfolio of 40 companies, one of which is a Unicorn. Their most notable investments are in Salsa and Ubitium.Their portfolio spans across United States, Germany, Finland and 6 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 15 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Inflection:1. Bitcoin
Decentralized P2P cryptocurrency for payments. It is based on the Bitcoin Blockchain. It enables users to send, receive, and make payments using digital currencies. It allows transfers through wallets, exchanges, events, and more.
Key facts about Bitcoin
- Founded Year: 2009
- Location: Las Vegas (United States)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 2 as on Jan 31, 2026
- Investors: 2020 Ventures, World Capital Holdings Group and 78 Others
- Latest Funding Round: Post IPO, Oct 21, 2021, $*****
- Highlight: Public
2. Ethereum
Blockchain-based public network for decentralized applications. It is a blockchain-based distributed computing platform and operating system featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. It enables developers to build and deploy decentralized applications.
Key facts about Ethereum
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Employee Count: 998 as on Mar 31, 2026
- Investors: 27th Street Capital, Gynther Capital and 108 Others
- Latest Funding Round: Series B, Oct 21, 2021, $*****
- Highlight: Editors' Pick
3. Centrifuge
Provider of the decentralized platform to connect the financial supply chain. It allows businesses to transact on a network while maintaining ownership of their data, including validated company details, business relationships, and transactions. It also enables businesses to exchange financial documents such as invoices, purchase orders, and company data.
Key facts about Centrifuge
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $27.1M
- Employee Count: 46 as on Mar 31, 2026
- Investors: Mosaic Ventures, Isomer Capital and 43 Others
- Latest Funding Round: Series A, Apr 17, 2024, $*****
- Highlight: Editors' Pick
4. Flashbots
Flashbots Ltd. was co-founded in 2020 by Scott Bigelow, Phil Daian, Stephane Gosselin, Alex Obadia, Tina Zhen.Flashbots is a research and development organization formed to mitigate the negative externalities posed by Maximal Extractable Value (MEV) to stateful blockchains, starting with Ethereum
Key facts about Flashbots
- Founded Year: 2020
- Location: Cayman Islands
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $60M
- Employee Count: 55 as on Mar 31, 2026
- Investors: Blockchain Coinvestors, Robvc and 11 Others
- Latest Funding Round: Series B, Jul 21, 2023, $*****
- Highlight: Editors' Pick
5. Balancer
Portfolio management platform for cryptocurrency. It enables users to trade by pooling crowdsourced liquidity from investor portfolios. It offers trading and investment solutions for digital assets. It supports cryptocurrency including Bitcoins, Ethereum, Wrapped Bitcoin, and more.
Key facts about Balancer
- Founded Year: 2019
- Location: Finland
- Stage: Series A
- Total Funding till date: $8M
- Employee Count: 33 as on Jan 05, 2026
- Investors: Blockchain Coinvestors, Placeholder and 11 Others
- Latest Funding Round: Series A, Feb 10, 2021, $*****
- Highlight: Editors' Pick
Inflection's Year-on-Year Investment Trends
Inflection has invested in 40 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Arx.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 0 | 3 |
2024 | 2 | 0 | 2 |
2023 | 4 | 0 | 4 |
2022 | 6 | 0 | 6 |
2021 | 2 | 0 | 2 |
Inflection's Investments by Stage
Inflection has made 14 investments in Seed stage with an average round size of $5.37M and 3 investments in Series A stage with an average round size of $8.77M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 3 |
Note: We have considered here, only first round of investments
Inflection's Investments by Sector
Inflection has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, Blockchain Technology and Blockchain - Industry Applications. Notably, it has invested in 34 Tech companies, 29 Enterprise (B2B) companies, 25 Blockchain companies and at least 17 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Enterprise Applications | 6 |
High Tech | 6 |
Blockchain Technology | 5 |
Blockchain - Industry Applications | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
Inflection's Investments by Geography
Inflection has made most investments in United States (7), followed by Germany where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 7 |
Germany | 3 |
United Kingdom | 3 |
Switzerland | 2 |
Finland | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Inflection's recent investments
Inflection has not made any investment in 2026 so far.Here are the most recent investments by Inflection:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 06, 2025 | Switzerland | Seed | 5792 | ||
Jul 03, 2025 | Sweden | Seed | 9211 | - | |
Apr 17, 2025 | United States | Seed | 9050 | [+9] | |
Nov 21, 2024 | Germany | Seed | 2426 | [+1] | |
Jul 25, 2024 | United Kingdom | Seed | 1517 | [+3] |
Unicorns in Inflection's Portfolio
Inflection has 1 unicorn in its portfolio - Flashbots. The most recent unicorn in their portfolio is Flashbots which became a unicorn in 2023, 2 years before Inflection first invested in it.Here is a list of unicorns in Inflection's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Blockchain Research & Development Organization | 2020 | - | Series B | etmpajz |
IPOs and Publicly Listed companies in Inflection's Portfolio
1 of Inflection's portfolio company became public - Bitcoin. It got listed on the Toronto Stock Exchange (TSX), in Feb 2021.Here are Inflection's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2021 | - | - | 6014 |
Acquired companies in Inflection's Portfolio
2 companies from Inflection's portfolio have been acquired. The most recent acquisition were Iron in Mar 2025 by MoonPay.Here are Inflection's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 13, 2025 | - | - | 3688 | |
Apr 23, 2024 | - | - | 2553 |
Team profile of Inflection
Inflection has a team of 8 members including 2 Partners and 1 Principal. Inflection's team does not sit on the board of any company as of now.Here is a list of all team members in Inflection:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | ||
Principal | - | - | - |
Co-investors of Inflection
Over the past 5 years, 107 investors have co-invested in Inflection's portfolio companies. This includes funds and angels.
- Invested before Inflection: Techstars, Declan Kelly and 9 others have invested in rounds before Inflection. There is 1 company where Techstars has invested before Inflection and 1 company where Declan Kelly has invested before Inflection.
- Top Co-investors of Inflection: 95 investors entered a company along with Inflection. These include investors like Protocol Labs (2 companies).
- Invested after Inflection: Gov (1 company) is the only investor which has invested in Inflection's portfolio after their investments.
Recent News related to Inflection
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Arx Research Launches Burner Terminal; Raises $6.1M in FundingFinSMEs•Nov 06, 2025•Arx, Seed Club Ventures, Inflection, 1kx and 4 others
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Optimum Secures $11M to Develop Blockchain Memory Layerbitcoinethereumnews.com•Apr 17, 2025•Optimum, Maven 11, 1kx, Galaxy Ventures and 2 others
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Fabric Cryptography’s $33 Million Series A FundingGlobal Legal Chronicle•Aug 29, 2024•Fenwick & West, Fabric, Blockchain Capital, 1kx and 6 others
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Fabric Cryptography raises $33m to enhance privacybitcoinethereumnews.com•Aug 19, 2024•Fabric, Blockchain Capital, 1kx, Offchain Labs and 8 others
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Tune Insight picks $3.4M for privacy-preserving machine learning solutionTech Funding News•Sep 28, 2023•Tune Insight, 14Peaks, Inflection, Debiopharm and 2 others
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Tune Insight Secures $3.4M as It Pushes the Boundaries from a Data Economy to a Secure Insight EconomyFintech Finance•Sep 28, 2023•Tune Insight, 14Peaks, Inflection, Debiopharm and 2 others
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Berlin’s Anytype secures $13.4M: Unleashing the potential for digital autonomyTech Funding News•Aug 24, 2023•Balderton Capital, Inflection Ventures, Anytype, SquareOne and 7 others
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LabDAO Raises $3.6M for Open-Source Drug Discovery and NFT Data Ownership – The Block Telegraphcrast.net•May 24, 2023•LabDAO, Inflection, Village Global, North Island Ventures and 10 others
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Decentralized Science Project LabDAO Raises $3.6 Millioncrast.net•May 24, 2023•LabDAO, Inflection, Village Global, North Island Ventures and 4 others
