# Entropy funding: rounds and investors

> Entropy has raised $25M across 1 round since 2022. Investors include Andreessen Horowitz, Coinbase Ventures and Dragonfly Capital Partners.

Source: https://millionrounds.com/company/entropy (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Entropy*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$25M** raised across 1 round since 2022, from 1 source

- **Latest round:** Seed, $25M Jun 2022
- **Investors:** 5

See who backed them

## The rounds

- **Jun 2022** Seed **$25M** [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [Variant](https://millionrounds.com/fund/variant) Source recorded

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm **1** round

[Variant](https://millionrounds.com/fund/variant) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=entropy).

## Quick answers about Entropy

### Who invested in Entropy?

Entropy's investors include Andreessen Horowitz, Coinbase Ventures, Dragonfly Capital Partners, A16z Crypto and Variant.

### How much has Entropy raised?

Entropy has raised $25M across 1 round since 2022.

### When did Entropy last raise?

Entropy's most recent round was a Seed of $25M in Jun 2022.

### What was Entropy's biggest round?

Its most recent round, $25M in Jun 2022, is also its largest on record.

### Who backed Entropy first?

Entropy's first round on record, in Jun 2022, was backed by Andreessen Horowitz, Coinbase Ventures and Dragonfly Capital Partners and 2 others.

### What stage is Entropy at?

Entropy's latest named round is a Seed, in Jun 2022.

### Where is Entropy based?

Entropy is based in the United States.

## Companies like Entropy

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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