Variant is an early-stage venture capital firm that primarily invests in pre-seed and seed rounds of cryptocurrency, blockchain, marketplaces, and Web3 companies. The firm also participates in later-stage rounds that align with its core investment thesis.
Portfolio
4
Fund Size
$582.5M
Top Stage
Seed
Last 12 Mo
2
Stage Distribution
Portfolio
4 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Levl | Seed | $7M | Feb 2026 |
| Doppler | Seed | $9M | Jan 2026 |
| Aleo | Series B | $28M | Apr 2021 |
| Braintrust | Seed | $18M | Oct 2020 |
Top Co-Investors
Pantera2 shared
Coinbase Ventures2 shared
Galaxy Ventures1 shared
Andreessen Horowitz1 shared
Galaxy Digital Ventures1 shared
Polychain Capital1 shared
Slow Ventures1 shared
A Capital1 shared
ACME Capital1 shared
Blockchange Ventures1 shared
Multicoin Capital1 shared
Last updated: 1 March 2026