United States · Investor

Draft Ventures

Filed with the SEC to raise a fund in Jun 2024, closing $0M. Last cheque observed Oct 2015.

QuietNew fund $433K, Jun 2024VC firm

Pre-seedSeedSeries AWeb3CryptoFintech

Cheques on record
0%of best year0cheques in 12 months, 5 on record
Since the last cheque4037days00hrs00min00sec
Median round$17MCheque size, as they say$250K – $500KRounds led0 of 5Exits1 from the portfolioMostly inUnited States, 100%
Pitch Draft Ventures

Draft Ventures highlights

  1. 01

    5 rounds on record

  2. 02

    Mostly Series A and Series B: 80% of its rounds

  3. 03

    1 exits from the portfolio

What they do

A venture fund & venture studio by Artia Moghbel & David Rodriguez. Investing in, incubating, and advising pre-seed & seed stage companies.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$250K – $500K as they say
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
Web3CryptoFintech
Based in
San Francisco, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2015

    4 rounds

  2. Oct
    FabFitFunSeries A · US$3.5MWith 11 others
  3. Aug
    My TableSeed · USUndisclosedWith 4 others
  4. Jul
    Thrive MarketSeries A · US$30MWith 12 others
  5. Apr
    ShypSeries B · US$50MWith 6 others
  6. 2011

    1 round

  7. Oct
    LivefyreSeries B · US · gigaom.com$4.5MWith 8 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 registration2 named

JGJeffrey GrimbergAuthorized person of the manageriFiling they signed
QRQuinn RotchfordPresident of the manageriFiling they signed

We also hold 4 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 the register says

From the firm's own filings with the SEC, which it must file accurately by law

$2.0Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Draft Ventures LLC
SEC number
CRD 305005

What they claim to have backed

From their own portfolio page (on their website)

35 of 60 we have independently watched raise

AgoraAlliance DAOBitGoBytegainCandid WholesaleChia NetworkCoherentCompScienceComposerCosmosDfinityEnso FinanceFabFitFunFinanexFlexFunction HealthGifyourgameHaystackJiaLGNDMootralOverflowParableProtocol LabsRapid RoboticsSeed ClubShakudoSlikSolderaSpexiThirdwebThrive MarketToucanTreeswiftWintermuteAspireIQAvalaAwesome People VenturesBiteBlockhain Capital (BCAP)BrassicaBright HarborButterCabin DAOCanonical FundCapGainsChainCode & StateCommContextCopper BankingEcoElectric CapitalEquiFigGoldfinch FinanceGreenTradeHypersphere VenturesJulian CapitalLucky Robotsand 18 more

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.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

LivefyreBought by AdobeUndisclosedMay 2016

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Mentioned on podcasts

Episodes that name Draft Ventures in their description, not their title.

Quick answers about Draft Ventures

What does Draft Ventures invest in?

Draft Ventures invests most often at Series A and Series B (80% of the rounds on record), in sectors such as Web3, Crypto and Fintech.

How active is Draft Ventures?

5 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2015.

How big are Draft Ventures's cheques?

The median round it joins is $17M. It says it writes cheques of $250K to $500K.

Does Draft Ventures lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does Draft Ventures invest?

Most of the companies it backs are in the United States (100%).

Is Draft Ventures investing now?

No investments in the last 12 months; the latest was in Oct 2015.

Who does Draft Ventures invest alongside?

Most often Greycroft (2 rounds together).

What kind of investor is Draft Ventures?

Draft Ventures is a VC firm based in San Francisco, United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it