Anagram is a crypto-native venture firm and digital assets holding company that builds, incubates, and invests in decentralized technology and blockchain startups. Founded in 2022 and based in the Cayman Islands, it leverages a single balance sheet to deploy both human and financial capital into the ownership economy.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 7 prior). Their most common stage is seed (48% of deals). Average disclosed round size is $8.0M (across 27 rounds with reported amounts).
Portfolio
28
Fund Size
—
Top Stage
Seed
Last 12 Mo
5
Team
Mike Cherney
Co-Founder & Managing Partner
Max Meyers
Head of Real Estate & Managing Partner
Ankit Mishra
Partner
Faraz Khan
Partner
Jason Trailov
Partner
Shuva Mandal
Partner
Joseph Eagan
Investing and Building in Crypto
Howard Han
Co-Founder
Michael Cherney
Co-Founder
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Nebex | Seed | $30M | Jun 2026 |
 VeryAI | Seed | — | Mar 2026 |
| Tt54 Labs | Seed | $5M | Feb 2026 |
| OOP NET | Unknown | $5M | Jan 2026 |
 Belfort | Seed | — | Sep 2025 |
 Rakurai | Seed | $3M | Mar 2025 |
 Ligero | Seed | $4M | Feb 2025 |
| LLigero Inc | Seed | $4M | Feb 2025 |
| FFabric Protocol | Unknown | $20M | Jan 2025 |
 Fraction AI | Pre-Seed | $6M | Dec 2024 |
| DDrop Protocol | Seed | $4M | Oct 2024 |
 Yala | Unknown | $8M | Oct 2024 |
 IDA | Seed | $6M | Sep 2024 |
 PIN AI | Pre-Seed | $10M | Jan 2024 |
| MMasa Network | Seed | $5.4M | Jan 2024 |
| Eelmnts | Unknown | $2M | Jan 2024 |
 Pin | Pre-Seed | $3M | Jan 2024 |
 Argus Systems | Seed | $10M | Jun 2023 |
 Backpack | Series B | $20M | Sep 2022 |
| KKYVE Network | Unknown | $9M | Jun 2022 |
 KYVE | Unknown | $9M | Jun 2022 |
 Light Protocol | Seed | $4.2M | Jan 2022 |
 Elusiv | Seed | $3.5M | Jan 2022 |
| Elusiv | Strategic | $3.5M | Jan 2022 |
 OpenMind | Unknown | $20M | — |
Top Co-Investors
Last updated: 9 September 2026