North Island Ventures is a New York-based venture capital firm founded in 2020 by Travis Scher, James Hutchins, and Glenn Hutchins. The firm focuses on early-stage investments in the crypto and Web3 ecosystem, providing visionary founders with capital, conviction, and lasting support.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 2 prior). Their most common stage is seed (55% of deals). Average disclosed round size is $16.3M (across 27 rounds with reported amounts).
Portfolio
29
Fund Size
$125M
Top Stage
Seed
Last 12 Mo
3
Team
Glenn Hutchins
Co-Founder and Chairman
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
29 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Midas | Series A | $50M | Mar 2026 |
| VVenice AI | Series A | $65M | Jan 2026 |
 MNX | Pre-Seed | $6.4M | Jan 2026 |
 YeagerAI | Seed | $7.5M | Aug 2024 |
 Etherfuse | Seed | $3M | Jul 2024 |
 Lava Network | Seed | $12M | Jan 2024 |
 Geodnet | Seed | $8M | Jan 2024 |
 GenLayer | Seed | $7.5M | Jan 2024 |
 Addressable | Seed | $7.5M | Feb 2023 |
 SQUID | Seed | $3.5M | Jan 2023 |
| AAddressable Io | Seed | $7.5M | Jan 2023 |
| YYoz Labs | Unknown | $3.5M | Jan 2023 |
 Fleek | Series A | $25M | Dec 2022 |
 Immunefi | Series A | $24M | Sep 2022 |
 Polymer | Seed | $3.6M | Mar 2022 |
 BCB Group | Series A | $60M | Jan 2022 |
| BBCBGroup | Series A | $60M | Jan 2022 |
| MMint Songs | Seed | $3M | Dec 2021 |
 Suade | Series A | — | Nov 2021 |
 Nori | Seed | $4M | Sep 2020 |
 LabDAO | Seed | $3.6M | — |
| AAxelar Network | Series A | $25M | — |
 takenos | Seed | $5M | — |
 OurSong | Seed | $7.5M | — |
 Fonbnk | Seed | — | — |
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Top Co-Investors
Coinbase Ventures6 shared
Digital Currency Group5 shared
Protocol Labs4 shared
Distributed Ventures3 shared
Fabric Ventures3 shared
Framework Ventures3 shared
Polychain Capital3 shared
Animoca Brands3 shared
Dragonfly3 shared
Collab+Currency3 shared
Viola Ventures2 shared
Mensch Capital Partners2 shared
Electric Capital2 shared
Lattice2 shared
The LAO2 shared
HV Capital2 shared
Foundation Capital2 shared
Blockchain.com Ventures2 shared
Backed VC2 shared
L1 Digital2 shared
Last updated: 9 September 2026