The LAO is a member-directed, for-profit venture DAO (Decentralized Autonomous Organization) structured as a Delaware LLC that invests in early-stage Ethereum and blockchain projects. Launched by OpenLaw in April 2020, it enables accredited investors to pool capital and vote on investment decisions on-chain.
50% of their portfolio is in Crypto & Web3. Their most common stage is seed (42% of deals). Average disclosed round size is $8.4M (across 37 rounds with reported amounts).
Portfolio
36
Fund Size
$40M
Top Stage
Seed
Last 12 Mo
0
Team
SG
Sergey G.
Investor / Member
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
38 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| RRelay Protocol | Unknown | $14M | Jan 2025 |
 Transak | Seed | $660K | Jan 2025 |
 Maple Finance | Seed | $5M | Aug 2023 |
| Transak | Series A | — | May 2023 |
 Pine Protocol | Seed | $3M | Dec 2022 |
 Fleek | Series A | $25M | Dec 2022 |
 Cow Protocol | Unknown | $23M | Mar 2022 |
 Sovrun | Series A | $10M | Jan 2022 |
 3Box | Series A | $30M | Jan 2022 |
| PPalm NFT Studio | Series B | $27M | Dec 2021 |
 Snapshot Labs | Unknown | $4M | Nov 2021 |
 Debridge | Unknown | $5.5M | Sep 2021 |
 Ondo Finance | Seed | $4M | Aug 2021 |
 Zerion | Series A | $8.2M | Jul 2021 |
| DDexGuru | Seed | $1M | Apr 2021 |
 ConsenSys | Unknown | $65M | Apr 2021 |
 SubQuery | Seed | $1.8M | Jan 2021 |
 Art Blocks | Unknown | $6M | Jan 2021 |
 Dora Factory | Unknown | $17.5M | Jan 2021 |
| FFloat Protocol | Unknown | $1.2M | Jan 2021 |
 Idle DAO | Seed | $1.2M | Jan 2021 |
 Superfluid | Unknown | $5.1M | — |
 LabDAO | Seed | $3.6M | — |
 Tinyman | Unknown | $2.5M | — |
 Astaria | Seed | $8M | — |
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Top Co-Investors
Digital Currency Group6 shared
Coinbase Ventures6 shared
Placeholder4 shared
Protocol Labs4 shared
Divergence Ventures4 shared
Multicoin Capital4 shared
IOSG Ventures4 shared
Animoca Brands4 shared
Lemniscap4 shared
ConsenSys4 shared
1kx4 shared
Collab+Currency4 shared
Bitscale Capital3 shared
Wintermute Ventures3 shared
Hashed3 shared
CoinFund3 shared
Y Combinator3 shared
P2P Capital3 shared
Variant3 shared
Hypersphere Capital3 shared
Last updated: 20 October 2026