# Bain Capital Crypto: portfolio, investments and team

> Bain Capital Crypto is a corporate vc based in United States. 8 investments on record, 4 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/bain-capital-crypto (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Bain Capital Crypto

Last cheque observed Oct 2026; 8 cheques on record.

Email

Deploying now New fund, Jun 2024 Corporate VC

Seed Series A Crypto Blockchain Infrastructure

Follow Bain Capital Crypto and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbain-capital-crypto)

Deploying now

**80%** of best year **4** **cheques in 12 months**, 8 on record

Since the last cheque **22** days **00** hrs **00** min **00** sec

Median round **$51M** Rounds led **4 of 8** Mostly in **United States, 50%**

Pitch Bain Capital Crypto

## Bain Capital Crypto highlights

- 01 4 cheques in the last 12 months
- 02 Mostly Series B and Series A: 100% of its rounds
- 03 Led 4 rounds

## What they do

> Bain Capital Crypto backs renegades and pioneers building the next generation of open internet infrastructure. From their own website

- **Type:** Corporate VC
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Crypto Blockchain Infrastructure
- **Based in:** San Francisco, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **8 appearances**

- **2026** 4 rounds
- **Oct** **[Meanwhile](https://millionrounds.com/company/meanwhile)** Series B · BM · Pulse 2.0 **$38M** *Led*
- **Jul** **[World](https://millionrounds.com/company/world)** US · TechCrunch **$53M** With 4 others
- **May** **[Variational](https://millionrounds.com/company/variational)** Series A · Ventureburn **$50M** With 7 others
- **Mar** **[Bluesky](https://millionrounds.com/company/bluesky)** Series B · US · TechCrunch **$100M** *Led*
- **2025** 3 rounds
- **Oct** **[Meanwhile](https://millionrounds.com/company/meanwhile)** Series B · BM · TechStartups **$82M** *Led*
- **Sept** **[M0](https://millionrounds.com/company/m0)** Series B · Ventureburn **$40M** With 4 others
- **Jun** **[Turnkey](https://millionrounds.com/company/turnkey)** Series B · US · AlleyWatch **$30M** *Led*
- **2024** 1 round
- **Oct** **[Celestia](https://millionrounds.com/company/celestia)** Series B · LI · AlleyWatch **$100M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

AE **Alex Evans** MANAGER i Filing they signed

SC **Stefan Cohen** MANAGER i Filing they signed

We also hold **9** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 3 we have independently watched raise

[Turnkey](https://millionrounds.com/company/turnkey) BainCapital M0

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**Raised**

a new fund in Jun 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$51M** the round, not its cheque

Led 4 of 8 rounds **50%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series B *6*
- Series A said *1*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Pantera Capital](https://millionrounds.com/fund/pantera-capital) 4
- [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) 2
- [Framework Ventures](https://millionrounds.com/fund/framework-ventures) 2
- [Haun Ventures](https://millionrounds.com/fund/haun-ventures) 2
- [Northwestern Mutual](https://millionrounds.com/fund/northwestern-mutual-future-ventures) 2
- [SE Ventures](https://millionrounds.com/fund/se-ventures) 2

**Pitching Bain Capital Crypto?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Bain Capital Crypto. A count of rooms they were both in, not a relationship either has claimed.

[**Pantera Capital** VC firm **4** rounds together](https://millionrounds.com/fund/pantera-capital)[**Blockchain Capital** VC firm **2** rounds together](https://millionrounds.com/fund/blockchain-capital)[**Framework Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/framework-ventures)[**Haun Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/haun-ventures)[**Northwestern Mutual** Private equity **2** rounds together](https://millionrounds.com/fund/northwestern-mutual-future-ventures)[**SE Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/se-ventures)

## Recently backed

The latest companies Bain Capital Crypto put money into.

[**Meanwhile** $38M · Oct 2026](https://millionrounds.com/company/meanwhile)[**World** $53M · Jul 2026](https://millionrounds.com/company/world)[**Variational** $50M · May 2026](https://millionrounds.com/company/variational)[**Bluesky** $100M · Mar 2026](https://millionrounds.com/company/bluesky)[**Turnkey** $30M · Jun 2025](https://millionrounds.com/company/turnkey)

## On podcasts

1 episode naming Bain Capital Crypto in the title, and 2 more that mention it.

- [The Logan Bartlett Show](https://millionrounds.com/podcasts/logan-bartlett-show) 12 Mar 2022 · 44 min EP 7: Bain Capital Crypto, Bolt's Breslow back w/ Crypto Pharma, Alumni Ventures and Standard VC Fees, Tiger Partners Fund Seed Managers Mentions [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[Bain Capital](https://millionrounds.com/fund/bain-capital)[Bain Capital Crypto](https://millionrounds.com/fund/bain-capital-crypto) *+1* Apple Podcasts

### Mentioned in

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 16 Mar 2022 · 1h 29m Ex-FB Diem team builds Aptos blockchain, Metamask parent ConsenSys raises $450M, Mojo's athlete betting market, Zero Grocery shutdown | E1409 Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 10 Mar 2022 · 2h 10m Love.com, Lessons from Bain Crypto launch + Redfin Founder & CEO Glenn Kelman | E1405 Apple PodcastsShow page

## Quick answers about Bain Capital Crypto

### What does Bain Capital Crypto invest in?

Bain Capital Crypto invests most often at Series B and Series A (100% of the rounds on record), in sectors such as Crypto, Blockchain and Infrastructure.

### How active is Bain Capital Crypto?

8 investments on record, 4 of them in the last 12 months, and it led 4. The most recent was in Oct 2026.

### What has Bain Capital Crypto invested in recently?

Its most recent investments on record: Meanwhile (Series B, Oct 2026), World (Undisclosed round, Jul 2026) and Variational (Series A, May 2026).

### How big are Bain Capital Crypto's cheques?

The median round it joins is $51M.

### Does Bain Capital Crypto lead rounds?

Yes: it led 4 of its 8 investments on record (50%).

### Where does Bain Capital Crypto invest?

Most of the companies it backs are in the United States (50%), Bermuda (33%) and Liechtenstein (17%).

### Is Bain Capital Crypto investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

### Who does Bain Capital Crypto invest alongside?

Most often Pantera Capital (4 rounds together), Blockchain Capital (2 rounds together) and Framework Ventures (2 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=bain-capital-crypto) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=bain-capital-crypto)
