About Krakenventures
Krakenventures is a venture capital firm founded in 2021. It is primarily based out of San Francisco, United States. As of Jan 2025, Krakenventures has invested in 49 companies. 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 FinTech and High Tech. Most recently it participated in the $***** Seed round of 1Money Overall, Krakenventures portfolio has seen 3 unicorns and 1 acquisition including key companies like Anchorage Digital, Messari and Blockdaemon. A lot of funds co-invest with Krakenventures, with names like Coinbase sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Krakenventures' List of Top Investments
Krakenventures has a portfolio of 49 companies, including 3 unicorns. Their most notable investments are in Hashflow and Morpho.Their portfolio spans across United States, France, Singapore and 10 more locations. They have invested in Blockchain Technology, FinTech, High Tech and 11 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Krakenventures:
Digital asset platform providing trading, custody, staking, settlement, and crypto financial infrastructure. It is designed for financial institutions and professional investors, it provides secure custody through a federally chartered banking entity and enables seamless access to liquidity, risk-managed execution, and compliant digital asset operations. It supports end-to-end workflows across cash and crypto assets, combining advanced market infrastructure with regulatory-grade security, governance, and institutional controls for managing and scaling digital asset strategies.
Key facts about Anchorage Digital
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $587M
- Employee Count: 752 as on Sep 30, 2026
- Investors: Thoma Bravo, Goldman Sachs and 51 Others
- Latest Funding Round: Series E, Feb 06, 2026, $*****
- Highlight: Editors' Pick
2. Messari
Online platform for cryptocurrency-related content, token analytics, and research to users. Also provides background details, technology overviews, and token economics reviews of the various blockchain projects. It also provides a screener for Defi assets, stable coins, currency assets, and more.
Key facts about Messari
- Founded Year: 2018
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $61M
- Employee Count: 69 as on Aug 31, 2026
- Investors: Rising Tide Fund, DHVC and 40 Others
- Latest Funding Round: Series B, Sep 21, 2022, $*****
- Highlight: Acquired
3. Deblock
Platform offering a self-custodial cryptocurrency wallet. The users can spend, transfer and exchange pounds or cryptocurrencies. The wallet features multiple currencies, currency exchange, banking solutions, and more. It allows users to personalize cards with NFTs.
Key facts about Deblock
- Founded Year: 2022
- Location: Lille (France)
- Stage: Series A
- Total Funding till date: $59.7M
- Employee Count: 167 as on Sep 30, 2026
- Investors: Kima Ventures, Motier and 16 Others
- Latest Funding Round: Series A, Nov 19, 2025, $*****
4. Pinwheel
Cloud-based payroll API solution for enterprises. Its products are direct deposit switching for enabling customers to switch deposits, income and employment data for verifying source and payroll accounts, and paycheck-linked lending for enabling clients to pay back loans from the paychecks. It automates the process of converting raw income data into actionable insights.
Key facts about Pinwheel
- Founded Year: 2018
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $84M
- Employee Count: 76 as on Aug 31, 2026
- Investors: First Round Capital, TQ Ventures and 22 Others
- Latest Funding Round: Series B, Jan 18, 2022, $*****
- Highlight: Editors' Pick
5. Blockdaemon
Blockchain-based infrastructure for node deployment and management. It offers a cloud-based infrastructure to implement and deploy distributed ledger blockchain nodes for companies and enable them to run private and public blockchains. The technology allows businesses to build their own multichain and multi-cloud networks for blockchain deployment.
Key facts about Blockdaemon
- Founded Year: 2017
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $468M
- Employee Count: 207 as on Sep 30, 2026
- Investors: Goldman Sachs, Sapphire Ventures and 55 Others
- Latest Funding Round: Series C, 2023, $*****
- Highlight: Editors' Pick
Krakenventures' Year-on-Year Investment Trends
Krakenventures has invested in 49 companies over the last 5 years, with an average of 9 new investments annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in 1Money and most recent follow-on round was in Usual.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 12 | 1 | 13 |
2023 | 12 | 0 | 12 |
2022 | 15 | 6 | 21 |
2021 | 8 | 0 | 8 |
Krakenventures' Investments by Stage
Krakenventures has made 25 investments in Seed stage with an average round size of $7.51M, 19 investments in Series A stage with an average round size of $20.2M, 2 investments in Series B stage with an average round size of $102M, 2 investments in Series D stage with an average round size of $250M and 1 investment in Series C stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Seed | 25 |
Series A | 19 |
Series B | 2 |
Series D | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
Krakenventures' Investments by Sector
Krakenventures has a diverse portfolio, with companies operating in the FinTech, Blockchain Technology, Blockchain - Industry Applications, High Tech and Enterprise Applications. Notably, it has invested in 48 Tech companies, 37 Enterprise (B2B) companies, 34 Blockchain companies and at least 23 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 40 |
Blockchain Technology | 29 |
Blockchain - Industry Applications | 27 |
High Tech | 25 |
Enterprise Applications | 18 |
Others | 22 |
Note: We have considered here, only first round of investments
Krakenventures' Investments by Geography
Krakenventures has made most investments in United States (24), followed by France where it has made 7 investments.Country | No. of Investments |
|---|---|
United States | 24 |
France | 7 |
Singapore | 4 |
Switzerland | 3 |
United Kingdom | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Krakenventures' recent investments
Krakenventures has not made any investment in 2026 so far.Here are the most recent investments by Krakenventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 16, 2025 | Bermuda | Seed | 7353 | [+26] | |
Jan 15, 2025 | Russia | Seed | 1365 | [+4] | |
Dec 23, 2024 | France | Series A | 7066 | [+14] | |
Dec 11, 2024 | United States | Series A | 7182 | ||
Nov 26, 2024 | France | Seed | 4185 | [+5] |
Unicorns in Krakenventures' Portfolio
Krakenventures has 3 unicorns in its portfolio - CoinTracker, Anchorage Digital and Blockdaemon. The most recent unicorn in their portfolio is CoinTracker. It became a unicorn in 2022.Here is a list of unicorns in Krakenventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | App-based portfolio management solution for cryptocurrency | 2017 | San Francisco | Series A | ge{{riw | ||
75 | Digital asset platform providing trading, custody, staking, settlement, and crypto financial infrastructure | 2017 | San Francisco | Series E | fqjwcjv | ||
67 | Blockchain-based infrastructure for node deployment and management | 2017 | Los Angeles | Series C | qbaokvx |
Acquired companies in Krakenventures' Portfolio
1 company from Krakenventures' portfolio has been acquired. The most recent acquisition was Messari in Jun 2026 by Blockworks for $*****.Here are Krakenventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | Aug 05, 2021 | Series A | 3309 |
Co-investors of Krakenventures
Over the past 5 years, 615 investors have co-invested in Krakenventures's portfolio companies. This includes funds and angels.
- Invested before Krakenventures: Blockchain Capital, Kenetic and 224 others have invested in rounds before Krakenventures. There are 3 companies where Blockchain Capital has invested before Krakenventures and 3 companies where Kenetic has invested before Krakenventures.
- Top Co-investors of Krakenventures: 309 investors entered a company along with Krakenventures. These include investors like Coinbase (10 companies).
- Invested after Krakenventures: A total of 80 investors have invested in Krakenventures's portfolio after their investments. Top Investors include Paradigm (2 companies), HashKey Capital (2 companies) and Wintermute (2 companies).
Recent News related to Krakenventures
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WalletConnect Raises $10 Million from Four Oversubscribed Token SalesPANews•Feb 21, 2025•WalletConnect, Union Square Ventures, Shopify, Krakenventures
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1Money announces USD 20 million funding for stablecoin paymentsThe Paypers•Jan 20, 2025•1Money, F-Prime Capital, Galaxy Ventures, Hack VC and 10 others
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1Money Emerges From Stealth with $20M for L1 Designed for Stablecoin PaymentsNftgators•Jan 16, 2025•F-Prime Capital, Galaxy, hackvc.com, MoonPay and 25 others
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1Money Network Emerges from Stealth with Over $20M in Funding to Build the World’s First Stablecoin Payments NetworkGlobal Fintech Series•Jan 16, 2025•1Money, F-Prime Capital, Galaxy Venture Capital, Hack VC and 25 others
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Reown Raises $13 Million to Build the Onchain UX PlatformBusiness Wire•Jan 15, 2025•Reown, USV India, 1kx, Digital Asset and 10 others
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Usual Labs: a Series A round of $10 millionFinyear•Jan 06, 2025•Usual, binancelabs.io, Krakenventures, Galaxy Venture Capital and 11 others
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Binance Labs and Kraken Ventures Invest $10M in UsualBitcoin Ethereum News•Dec 30, 2024•Krakenventures, Binance
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Usual completed US$10,000 in Series A funding, led by Binance Labs and Kraken VenturesTradingView•Dec 23, 2024•Usual, Binance, Krakenventures, binancelabs.io and 24 others
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Cross-border crypto payments company Sphere raises $5 million from Coinbase and Kraken VenturesFortune•Dec 11, 2024•Sphere, Coinbase, Krakenventures
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Ex-Binance Executives Launch EURØP Stablecoin, Secure €7 Million RoundFinance Magnates•Nov 26, 2024•Schuman Financial, RockawayX, Lightspeed Venture Partners, Krakenventures and 1 other
