About Makers Fund
Makers Fund is a venture capital firm founded in 2017. It is primarily based out of San Francisco, United States. As of Apr 2026, Makers Fund is an active investor, having invested in 113 companies, with 10 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 Gaming to High Tech and Blockchain Technology. Most recently it participated in the $***** Series A round of Chance Live Overall, Makers Fund portfolio has seen 2 unicorns, 2 IPOs and 12 acquisitions including key companies like CCP Games, Dream Games and Tiny Build Games. A lot of funds co-invest with Makers Fund, with names like Animoca Brands sharing a substantial percentage of its portfolio. Makers Fund has team of 14 people including 2 partners.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio IPOs
Portfolio Unicorns
Deals in last 12 months
Makers Fund's List of Top Investments
Makers Fund has a portfolio of 113 companies, including 2 unicorns. Their most notable investments are in VOYA Games and TeacherGaming.Their portfolio spans across United States, United Kingdom, Canada and 18 more locations. They have invested in Gaming, High Tech, Blockchain Technology and 11 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Makers Fund:1. WinZO
Digital platform offering a wide range of online games with monetization options and social features. It is a social gaming and interactive entertainment platform offering a wide variety of games and interactive experiences. It offers puzzle, arcade, sports, racing, card games fantasy sports and esports.
Key facts about WinZO
- Founded Year: 2018
- Location: Delhi (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $92.1M
- Employee Count: 484 as on May 31, 2026
- Investors: Kalaari Capital, Angel List and 28 Others
- Latest Funding Round: Series C, Apr 12, 2021, $*****
- Highlight: Editors' Pick
2. Polygon
Developer of scalable blockchain interoperability protocols. It offers a suite of solutions, including cross-chain protocols and zero-knowledge (ZK) rollups, designed to enhance the scalability and security of blockchain networks. These protocols enable seamless asset transfer and interaction across different blockchains, improving the overall user experience. The company also provides developer tools and resources to support the creation of decentralized applications (dApps) on its platform. It fosters a vibrant developer community and offers grant programs to encourage innovation within the ecosystem.
Key facts about Polygon
- Founded Year: 2017
- Location: George Town (Cayman Islands)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $451M
- Employee Count: 387 as on May 31, 2026
- Investors: World Capital Holdings Group, Accel and 64 Others
- Latest Funding Round: Series B, Feb 02, 2022, $*****
- Highlight: Editors' Pick
3. CCP Games
Developer of science fiction massively multiplayer online role-playing and strategy games. The business creates virtual worlds with persistent universes for players. It offers titles across multiple platforms, including PC and mobile devices. The business provides ongoing content updates and expansions for its games.
Key facts about CCP Games
- Founded Year: 1997
- Location: Reykjavik (Iceland)
- Stage: Acquired
- Total Funding till date: $106M
- Investors: Andreessen Horowitz, Novator and 14 Others
- Latest Funding Round: Series D, Mar 21, 2023, $*****
- Highlight: Acquired
4. Novig
Operator of a peer to peer sports betting exchange platform. This service allows individuals to trade sports outcomes directly against other participants. Users set their own odds or select existing lines to execute trades on various athletic events. The system provides access to market liquidity and order book information to facilitate transaction decisions. Participants utilize virtual currency or redeemable credits to engage in the exchange process.
Key facts about Novig
- Founded Year: 2021
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $106M
- Employee Count: 64 as on May 31, 2026
- Investors: Dragon Capital, Amino Capital and 27 Others
- Latest Funding Round: Series B, Feb 18, 2026, $*****
- Highlight: Editors' Pick
5. Medal
Developer of a platform for recording, editing, and sharing game clips. The platform allows users to capture gameplay with a button press and share instantly. It supports automatic clipping for various games and allows importing clips from console systems. The platform offers editing tools, multi-track audio balancing, and customizable clip lengths.
Key facts about Medal
- Founded Year: 2015
- Location: Naarden (Netherlands)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $89.3M
- Employee Count: 99 as on May 31, 2026
- Investors: Valor Equity Partners, Ridge Ventures and 18 Others
- Latest Funding Round: Series C, Jul 11, 2024, $*****
- Highlight: Editors' Pick
Makers Fund's Year-on-Year Investment Trends
Makers Fund has invested in 113 companies over the last 9 years, with an average of 13 new investments annually in the last 5 years. In 2025, it made 7 investments, while as of Apr 2026, it has made 10 investments in this year. Its most recent first time investment was in Chance Live and most recent follow-on round was in Midnite.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 1 | 10 |
2025 | 5 | 2 | 7 |
2024 | 7 | 0 | 7 |
2023 | 10 | 3 | 13 |
2022 | 24 | 5 | 29 |
2021 | 15 | 10 | 25 |
2020 | 8 | 2 | 10 |
2019 | 13 | 3 | 16 |
2018 | 8 | 1 | 9 |
2017 | 1 | 0 | 1 |
Makers Fund's Investments by Stage
Makers Fund has made 41 investments in Series A stage with an average round size of $13.6M, 39 investments in Seed stage with an average round size of $5.72M and 15 investments in Series B stage with an average round size of $65.4M.Stage of entry | No. of Investments |
|---|---|
Series A | 41 |
Seed | 39 |
Series B | 15 |
Series C | 3 |
Post IPO | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Makers Fund's Investments by Sector
Makers Fund has a diverse portfolio, with companies operating in the Gaming, Mobile, High Tech, Enterprise Applications and Media & Entertainment. Notably, it has invested in 90 Tech companies, 71 Consumer (B2C) companies, 51 Software companies and at least 29 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Gaming | 60 |
Mobile | 28 |
High Tech | 22 |
Enterprise Applications | 18 |
Media & Entertainment | 15 |
Others | 47 |
Note: We have considered here, only first round of investments
Makers Fund's Investments by Geography
Makers Fund has made most investments in United States (44), followed by United Kingdom where it has made 8 investments.Country | No. of Investments |
|---|---|
United States | 44 |
United Kingdom | 8 |
Finland | 5 |
Japan | 5 |
Sweden | 4 |
Others | 31 |
Note: We have considered here, only first round of investments
Makers Fund's recent investments
Makers Fund has made 10 investments in 2026 so far. Chance Live and Packz are the latest among them.Here are the most recent investments by Makers Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 30, 2026 | United States | Series A | 7736 | [+3] | |
Mar 30, 2026 | - | Series B | 8227 | [+3] | |
Mar 24, 2026 | United States | Series A | 6907 | [+7] | |
Mar 05, 2026 | Spain | Seed | 1734 | ||
Mar 03, 2026 | Turkey | Seed | 3306 |
Unicorns in Makers Fund's Portfolio
Makers Fund has 2 unicorns in its portfolio - Dream Games and Playco. The most recent unicorn in their portfolio is Dream Games. It became a unicorn in 2021, 1 years after Makers Fund first invested in it.Here is a list of unicorns in Makers Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Developer of mobile-based casual games | 2019 | Sisli | Series C | jaifhoz | ||
60 | Developer of social web games for PC and console | 2020 | Tokyo | Series A | {prquys |
IPOs and Publicly Listed companies in Makers Fund's Portfolio
2 of Makers Fund's portfolio companies have become public. Tiny Build Games got listed on the London Stock Exchange (LSE), in Mar 2021 at marketcap of $609M and HYBE got listed on the Korea Exchange (KRX) at marketcap of $3.99B.Here are Makers Fund's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 09, 2021 | Oct 18, 2017 | Seed | 7390 | |
Oct 15, 2020 | Aug 06, 2024 | Post IPO | 3337 |
Acquired companies in Makers Fund's Portfolio
12 companies from Makers Fund's portfolio have been acquired. The most recent acquisition was Loco in Sep 2024 by Redwood Technologies Group for $*****.Here are Makers Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | Mar 10, 2022 | Series A | 5537 | |
Nov 17, 2022 | - | - | 3996 | |
Aug 29, 2022 | Jan 17, 2021 | Seed | 4432 | |
Jan 24, 2022 | - | - | 8113 | |
Oct 29, 2021 | Nov 12, 2019 | Series A | 9451 |
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Team profile of Makers Fund
Makers Fund has a team of 14 members including 2 Partners, 2 Venture Partners and 6 Principals located in United States, United Kingdom and 1 more location. Makers Fund's team sits on the board of 1 company.Here is a list of top team members in Makers Fund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Palo Alto | |||
Partner | Los Angeles | - | ||
Venture Partner | Penn Yan | - | ||
Venture Partner | Huntsville | - | ||
Principal | Brooklyn | - | - | |
Principal | New York City | - | ||
Principal | Reykjavik | - | ||
Principal | United Kingdom | - | ||
Principal | Los Angeles | - | ||
Principal | New York City | - |
Co-investors of Makers Fund
Over the past 9 years, 528 investors have co-invested in Makers Fund's portfolio companies. This includes funds and angels.
- Invested before Makers Fund: Y Combinator, Lvp and 141 others have invested in rounds before Makers Fund. There are 9 companies where Y Combinator has invested before Makers Fund and 3 companies where Lvp has invested before Makers Fund.
- Top Co-investors of Makers Fund: 297 investors entered a company along with Makers Fund. These include investors like Animoca Brands (7 companies).
- Invested after Makers Fund: A total of 88 investors have invested in Makers Fund's portfolio after their investments. Top Investors include Griffin Gaming Partners (2 companies), Horizons Ventures (2 companies) and Samsung Venture Investment (2 companies).
Recent News related to Makers Fund
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Chance Studios Raises $3.2 Million in Funding to Connect TCG CollectorsKorea Newswire•May 03, 2026•Makers Fund, Chance Live
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Packz Raises $10.7M in FundingFinSMEs•Apr 13, 2026•Makers Fund, RiverPark Ventures, The Raine Group, Courtside Ventures and 2 others
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Highlight AI Raises $40 Million Series A to Build the Shared Intelligence Layer for the Agentic Age of WorkYahoo•Mar 24, 2026•359 Capital, Highlight AI, Arcadia, Common Metal and 8 others
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Novig Raises $75M to Replace Traditional Sportsbook with Peer-to-Peer ExchangeAlleyWatch•Mar 06, 2026•Novig, Pantera Capital, Perceptive Ventures, Novig and 5 others
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Cheer Games Raises $4.5M in Pre-Seed FundingGamesIndustry•Mar 05, 2026•Play Ventures, Makers Fund, Cheer, Play Ventures
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Finance Novig Raises $75M Series B to Build a Trader-First Sports Prediction MarketBitcoin Ethereum News•Feb 18, 2026•Pantera Capital, Novig, Novig, Multicoin Capital and 6 others
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BLUFF Raises $21M in Strategic Investment Led by 1kxBitcoin Insider•Feb 03, 2026•Makers Fund, 1kx, Bluff, Delphi Ventures and 2 others
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Midnite Completes $35M Series C Funding Round Led by The Raine GroupiGaming Business•Jan 15, 2026•Play Ventures, Discerning Capital, big_bets, Midnite and 3 others
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Donut Labs Secures $22M to Automate DeFi Trading with AI BrowserBitcoin Ethereum News•Nov 04, 2025•Donut, Donut Lab, BITKRAFT Ventures, Makers Fund and 3 others
