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    Distributed Ventures

    Chicago, Illinois, United StatesFounded 2018
    www.distributedvc.comLinkedIn
    FintechHealthcareInsurance

    Distributed Ventures is an early-stage venture capital firm focused on risk ecosystem innovation across health, insurance, and wealth. Born out of NFP Ventures, the firm leads Seed and Series A rounds with $1-5M check sizes and leverages strategic relationships with insurers and brokerages to provide portfolio companies with direct buyer access.

    Deal activity decreased year-over-year (2 deals in the last 12 months vs 5 prior). Average disclosed round size is $23.9M (across 53 rounds with reported amounts).

    Find people at Distributed Ventures on Goldilocks AI

    Portfolio

    45

    Fund Size

    $100M

    Top Stage

    Series A

    Last 12 Mo

    2

    Team

    SE

    Shawn Ellis

    Managing Partner

    AC

    Antonio Calderon

    Principal

    JX

    Janet Xu

    Senior Principal

    HI

    Hylton Irons

    Senior Associate

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    56 investments
    CompanyRoundAmountDate
    CVRD Health logoCVRD HealthSeed$5MMay 2026
    Superstate logoSuperstateSeries B$82.5MJan 2026
    Kai Health logoKai HealthSeed$4.8MJan 2026
    Wingspan Networks logoWingspan NetworksSeries B$24MJul 2025
    Wingspan logoWingspanSeries B$24MJul 2025
    EEphemeraSeries B$20MJul 2025
    AAxelar FoundationUnknown$30MMar 2025
    Wingspan logoWingspanSeries B$24MJan 2025
    Huma Finance logoHuma FinanceSeries A$38MSep 2024
    Prime Intellect logoPrime IntellectSeed$5.5MApr 2024
    Superstate logoSuperstateSeries A$14MNov 2023
    Cylinder logoCylinderSeries B$31MSep 2023
    Worldcoin logoWorldcoinSeries C$115MMay 2023
    Sei logoSeiUnknown$30MApr 2023
    Wingspan Networks logoWingspan NetworksSeries A$14MMar 2023
    Squid logoSquidSeed$3.5MJan 2023
    SphereOne logoSphereOneSeed$2.5MJan 2023
    Wingspan logoWingspanSeries A$14MJan 2023
    Worldcoin logoWorldcoinSeries C$115MJan 2023
    Huma Finance logoHuma FinanceSeed$8.3MJan 2023
    Superstate logoSuperstateSeries A$14MJan 2023
    Nillion logoNillionUnknown—Dec 2022
    Fleek logoFleekSeries A$25MDec 2022
    Stardust logoStardustSeries A—Oct 2022
    CoverTree logoCoverTreeSeed$10MSep 2022
    Page 1 of 3

    Top Co-Investors

    Coinbase Ventures6 shared
    CMT Digital6 shared
    Andreessen Horowitz6 shared
    Blockchain Capital5 shared
    Folius Ventures5 shared
    Long Journey Ventures5 shared
    Andreessen Horowitz (a16z) Bio + Health5 shared
    First Round Capital4 shared
    Index Ventures4 shared
    Mischief4 shared
    Susa Ventures4 shared
    FirstMark Capital4 shared
    CoinFund4 shared
    Galaxy Ventures4 shared
    ParaFi Capital4 shared
    186 Ventures4 shared
    Digital Currency Group4 shared
    Arrington Capital4 shared
    Human Ventures3 shared
    North Island Ventures3 shared

    Last updated: 7 October 2026