Reciprocal Ventures is a New York-based early-stage venture capital firm backing founders building the future of web3, including blockchain networks, decentralized finance, and web3 infrastructure. The firm partners with crypto founders from day 0, helping them find product-market fit and scale.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 6 prior). Average disclosed round size is $16.7M (across 36 rounds with reported amounts).
Portfolio
28
Fund Size
$70M
Top Stage
Series A
Last 12 Mo
1
Team
MS
Michael Steinberg
Managing Partner
CB
Craig Burel
General Partner
AS
Ali Sheikh
Venture Partner
EL
Elle Leemay Chen
Venture Partner
JE
James Evans
Principal
SR
Sam Ruskin
Investing
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
38 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | — | Jan 2026 | |
| CCoinflow Labs | Series A | $25M | Oct 2025 |
| Series A | $11M | May 2025 | |
| Seed | $8M | Mar 2025 | |
| Unknown | $28M | Mar 2025 | |
| Series B | $33M | Mar 2025 | |
| DDoubleZero Foundation | Unknown | $28M | Jan 2025 |
| Seed | $8M | Jan 2025 | |
| Series A | $11M | Jan 2025 | |
| Series A | $20M | Dec 2024 | |
| Series A | $20M | Dec 2024 | |
| MMoonwalk Fitness | Unknown | $3.4M | Oct 2024 |
| CCoinflow Labs | Seed | $2.3M | Jan 2024 |
| Pre-Seed | $7M | Jan 2023 | |
| CCoinflow Labs | Pre-Seed | — | Jan 2023 |
| Series A | $10M | Mar 2022 | |
| TThird Time Entertainment | Seed | $3.5M | Mar 2022 |
| Unknown | $50M | Jan 2022 | |
| Series A | $30M | Jan 2022 | |
| Series B | $50M | Dec 2021 | |
| Series B | $40M | Oct 2021 | |
| SSolrise Finance | Unknown | $3.4M | Jul 2021 |
| Unknown | $3.4M | Jul 2021 | |
| Unknown | $2.5M | Feb 2021 | |
| Series A | $14.4M | Jan 2021 |
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Top Co-Investors
Digital Currency Group8 shared
Coinbase Ventures5 shared
Multicoin Capital5 shared
Superscrypt5 shared
Jump Capital5 shared
CMS Holdings5 shared
ParaFi Capital5 shared
SV Angel4 shared
Jump Crypto4 shared
Delphi Digital4 shared
Alliance DAO4 shared
SkyVision Capital4 shared
PayPal Ventures3 shared
Foundation Capital3 shared
Borderless Capital3 shared
Dragonfly3 shared
HashKey Capital3 shared
Variant3 shared
8VC3 shared
Real Ventures3 shared
Last updated: 20 October 2026
