# Coinbase Ventures: portfolio, investments and team

> Coinbase Ventures is a corporate vc based in United States. 464 investments on record, 66 in the last 12 months, latest Oct 2026.

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

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

# Coinbase Ventures

Last cheque observed Oct 2026; 464 cheques on record.

Email

Deploying now New fund $3.5M, Jun 2026 Corporate VC

Growth Token sale Seed Apps Augmented & Virtual Reality (AR/VR) Big Data & Analytics

Follow Coinbase Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcoinbase)

Deploying now

**71%** of best year **66** **cheques in 12 months**, 464 on record

Since the last cheque **5** days **00** hrs **00** min **00** sec

Median round **$9.8M** Rounds led **3 of 464** Sole investor **16 rounds** Mostly in **United States, 57%**

Pitch Coinbase Ventures

## Coinbase Ventures highlights

- 01 66 cheques in the last 12 months
- 02 Mostly Seed and Venture: 65% of its rounds
- 03 Sole investor in 16 rounds, median $5.4M

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth Token sale Seed Series A Series B
- **Sectors:** Apps Augmented & Virtual Reality (AR/VR) Big Data & Analytics
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **464 appearances**

- **2026** 52 rounds
- **Oct** **[Mochatrade](https://millionrounds.com/company/mochatrade)** Seed · IN · Google News search **$5.5M** With 5 others
- **Oct** **[Dataline](https://millionrounds.com/company/dataline)** Seed · Google News search **$11M** With 5 others
- **Oct** **[Catalyst](https://millionrounds.com/company/catalyst)** Series A · US · Crowdfund Insider **$30M** With 8 others
- **Sept** **[Jeeves](https://millionrounds.com/company/jeeves)** Series C · LatamList **$110M** With 13 others
- **Sept** **[Kaiko](https://millionrounds.com/company/kaiko)** Series B · US · TechStartups **$110M** With 13 others
- **Sept** **[Raven](https://millionrounds.com/company/raven)** Venture · BG **$2.7M** With 2 others
- **Sept** **[Catchback Cards](https://millionrounds.com/company/catchback-cards)** Seed · US **$8.0M** With 3 others
- **Sept** **[USD.AI](https://millionrounds.com/company/usd-ai)** Debt · KY **$40M** With 3 others
- **Sept** **[Ethos Network](https://millionrounds.com/company/ethos-network)** Venture · US **$8.4M** Sole investor
- **Sept** **Fincom** Seed · IL **$20M** Sole investor
- **Aug** **[Velocity](https://millionrounds.com/company/velocity)** Series A · GB · Ventureburn **$38M** With 8 others
- **Jul** **[Venice AI](https://millionrounds.com/company/venice-ai)** Series A · US · TechCrunch **$65M** With 3 others
- **Jul** **[Glacis Labs](https://millionrounds.com/company/glacis-labs)** Seed · US **$6.8M** With 4 others
- **Jul** **[Tenor Labs](https://millionrounds.com/company/tenor-labs)** Seed · CA **$2.5M** With 2 others
- **Jul** **[Securitize](https://millionrounds.com/company/securitize)** Venture · US **Undisclosed** With 3 others
- **Jul** **[Jia](https://millionrounds.com/company/jia)** Debt · US **$2.0M** With 3 others
- **Jul** **[Cyclops.io](https://millionrounds.com/company/cyclops-io)** Series A · US **$20M** With 1 other
- **Jun** **[Trace Finance](https://millionrounds.com/company/trace-finance)** Series A · BR · LatamList **$32M** With 11 others
- **Jun** **[El Dorado](https://millionrounds.com/company/el-dorado)** Series A · CO · LatamList **$9.0M** With 7 others
- **Jun** **[Digital Asset](https://millionrounds.com/company/digital-asset)** Series F · US · SC Ventures **$355M** With 28 others
- **Jun** **[Re](https://millionrounds.com/company/re)** Venture · US **Undisclosed** With 3 others
- **Jun** **[EarnOS](https://millionrounds.com/company/earnos)** Grant · AU **$13M** With 2 others
- **Jun** **[Ethena](https://millionrounds.com/company/ethena)** Venture · PT **Undisclosed** With 2 others
- **May** **[Variational](https://millionrounds.com/company/variational)** Series A · Ventureburn **$50M** With 7 others
- **May** **[Sardine](https://millionrounds.com/company/sardine)** Series C · US **$25M** With 6 others
- **May** **[Cycles](https://millionrounds.com/company/cycles)** Seed · CH **$6.4M** With 4 others
- **May** **[XO Market](https://millionrounds.com/company/xo-market)** Seed · US **$6.0M** With 3 others
- **May** **[Turnkey](https://millionrounds.com/company/turnkey)** Venture · US **$13M** With 4 others
- **May** **[Centrifuge](https://millionrounds.com/company/centrifuge)** Venture · CH **Undisclosed** With 3 others
- **May** **[Payman AI, Inc](https://millionrounds.com/company/payman-ai-inc)** Venture · US **Undisclosed** With 3 others
- **Apr** **[Squads](https://millionrounds.com/company/squads)** TechStartups **$18M** With 5 others
- **Apr** **[Hourglass](https://millionrounds.com/company/hourglass)** Venture · US **$1.1M** With 3 others
- **Apr** **[Blockworks](https://millionrounds.com/company/blockworks)** Venture · US **Undisclosed** With 2 others
- **Mar** **[Zodl](https://millionrounds.com/company/zodl)** Seed · Ventureburn **$25M** With 7 others
- **Mar** **[P2P me](https://millionrounds.com/company/p2p-me)** Token sale · PA **$5.2M** With 1 other
- **Mar** **[Sats Terminal](https://millionrounds.com/company/sats-terminal)** Venture · US **Undisclosed** With 2 others
- **Mar** **[fxhash](https://millionrounds.com/company/fxhash)** Venture · FR **Undisclosed** With 2 others
- **Mar** **[Zcash Open Development Lab](https://millionrounds.com/company/zcash-open-development-lab)** Seed · US **$25M** With 4 others
- **Mar** **[Megapot](https://millionrounds.com/company/megapot)** Pre-seed · BZ **$5.0M** With 1 other
- **Mar** **[XFX](https://millionrounds.com/company/xfx)** Series A · US **$17M** With 1 other

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 **5 named**

DF **Danielle Faul** Director of the General Partner i Filing they signed

DP **Danielle Pienaar** Director of the General Partner i Filing they signed

JD **John D'Agostino** Director of the General Partner i Filing they signed

JB **Joshua Barlow** Director of the General Partner i Filing they signed

ML **Matthew Lundy** Director of the General Partner i Filing they signed

We also hold **5** 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.

New fund on file

**$3.5M**

raised in Jun 2026

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

## The cheque

Growth Token sale Seed

Median round joined **$9.8M** the round, not its cheque Alone, median **$5.4M**

Led 3 of 464 rounds **1%**

- **Sole investor:** 16 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *146*
- Venture *136*
- Series A said *101*
- Series B said *24*
- Pre-seed *14*
- Token sale said *12*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 37
- [Paradigm](https://millionrounds.com/fund/paradigm) 35
- [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) 34
- [Pantera Capital](https://millionrounds.com/fund/pantera-capital) 34
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 32
- [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) 27

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## Who they invest alongside

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

[**Y Combinator** Accelerator **37** rounds together](https://millionrounds.com/fund/y-combinator)[**Paradigm** VC firm **35** rounds together](https://millionrounds.com/fund/paradigm)[**Dragonfly Capital Partners** VC firm **34** rounds together](https://millionrounds.com/fund/dragonfly-capital-partners)[**Pantera Capital** VC firm **34** rounds together](https://millionrounds.com/fund/pantera-capital)[**Andreessen Horowitz** VC firm **32** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**A16z Crypto** VC firm **27** rounds together](https://millionrounds.com/fund/a16z-crypto)[**Framework Ventures** VC firm **27** rounds together](https://millionrounds.com/fund/framework-ventures)[**Robot Ventures** VC firm **24** rounds together](https://millionrounds.com/fund/robot-ventures)[**Variant** VC firm **24** rounds together](https://millionrounds.com/fund/variant)[**Polychain** VC firm **23** rounds together](https://millionrounds.com/fund/polychain)[**Electric Capital** VC firm **22** rounds together](https://millionrounds.com/fund/electric-capital)[**Haun Ventures** VC firm **22** rounds together](https://millionrounds.com/fund/haun-ventures)

## Recently backed

The latest companies Coinbase Ventures put money into.

[**Mochatrade** $5.5M · Oct 2026](https://millionrounds.com/company/mochatrade)[**Catalyst** $30M · Oct 2026](https://millionrounds.com/company/catalyst)[**Jeeves** $110M · Sept 2026](https://millionrounds.com/company/jeeves)[**Kaiko** $110M · Sept 2026](https://millionrounds.com/company/kaiko)[**USD.AI** $40M · Sept 2026](https://millionrounds.com/company/usd-ai)[**Ethos Network** $8.4M · Sept 2026](https://millionrounds.com/company/ethos-network)

## On podcasts

1 episode naming Coinbase Ventures in the title, and 2 more that mention it.

- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 23 Aug 2021 · 46 min 20VC: Coinbase President & COO Emilie Choi on Building Coinbase Ventures into One of the Best Performing Funds with 0 Employees, How Coinbase Thinks Through Internal Resource Allocation and Prioritisation & Why, When and How To Hire Your COO and Head of C With [Emilie Choi](https://millionrounds.com/person/emilie-choi) Mentions [Coinbase Ventures](https://millionrounds.com/fund/coinbase)[Jeff Weiner](https://millionrounds.com/fund/jeff-weiner)[Reid Hoffman](https://millionrounds.com/fund/reid-hoffman) *+1* Apple PodcastsShow page

### Mentioned in

- [TBPN](https://millionrounds.com/podcasts/tbpn) 29 Apr 2026 · 2h 55m Big Tech Earnings, Red vs. Blue Button, Quantum Computing | Jason Yanowitz, Even Rogers, Maria Spiropulu, Stepan Simkin, Kashish Gupta, Dan Magy, Vlad Tenev, Parag Agrawal & Andrew Reed, Gabriel Stengel Apple PodcastsShow page
- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 7 Nov 2021 · 40 min The rise of Crypto in India ft. Ashish Singhal, Founder, CoinSwitch Apple Podcasts

## Quick answers about Coinbase Ventures

### What does Coinbase Ventures invest in?

Coinbase Ventures invests most often at Seed and Venture (65% of the rounds on record), in sectors such as Apps, Augmented & Virtual Reality (AR/VR) and Big Data & Analytics.

### How active is Coinbase Ventures?

464 investments on record, 66 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

### What has Coinbase Ventures invested in recently?

Its most recent investments on record: Mochatrade (Seed, Oct 2026), Dataline (Seed, Oct 2026) and Catalyst (Series A, Oct 2026).

### How big are Coinbase Ventures's cheques?

The median round it joins is $9.8M.

### Does Coinbase Ventures lead rounds?

Sometimes: it led 3 of its 464 investments on record (1%).

### Where does Coinbase Ventures invest?

Most of the companies it backs are in the United States (57%) and Switzerland (6%).

### Is Coinbase Ventures investing now?

Yes: it is actively investing, with 66 investments in the last 12 months.

### Who does Coinbase Ventures invest alongside?

Most often Y Combinator (37 rounds together), Paradigm (35 rounds together) and Dragonfly Capital Partners (34 rounds together).

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