# Draft Ventures: portfolio, investments and team

> Draft Ventures is a vc firm based in United States. 5 investments on record, latest Oct 2015. Portfolio, stages, co-investors and team.

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

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

# Draft Ventures

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

Email

Quiet New fund $433K, Jun 2024 VC firm

Pre-seed Seed Series A Web3 Crypto Fintech

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

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **4037** days **00** hrs **00** min **00** sec

Median round **$17M** Cheque size, as they say **$250K – $500K** Rounds led **0 of 5** Exits **1 from the portfolio** Mostly in **United States, 100%**

Pitch Draft Ventures

## Draft Ventures highlights

- 01 5 rounds on record
- 02 Mostly Series A and Series B: 80% of its rounds
- 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-seed Seed Series A Series B Growth
- **Sectors:** Web3 Crypto Fintech
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2015** 4 rounds
- **Oct** **[FabFitFun](https://millionrounds.com/company/fabfitfun)** Series A · US **$3.5M** With 11 others
- **Aug** **[My Table](https://millionrounds.com/company/my-table)** Seed · US **Undisclosed** With 4 others
- **Jul** **[Thrive Market](https://millionrounds.com/company/thrive-market)** Series A · US **$30M** With 12 others
- **Apr** **[Shyp](https://millionrounds.com/company/shyp)** Series B · US **$50M** With 6 others
- **2011** 1 round
- **Oct** **[Livefyre](https://millionrounds.com/company/livefyre)** Series B · US · gigaom.com **$4.5M** With 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 registration **2 named**

JG **Jeffrey Grimberg** Authorized person of the manager i Filing they signed

QR **Quinn Rotchford** President of the manager i Filing 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

**$2.0M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture 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

[Agora](https://millionrounds.com/company/agora)[Alliance DAO](https://millionrounds.com/company/alliance-dao)[BitGo](https://millionrounds.com/company/bitgo)[Bytegain](https://millionrounds.com/company/stripe)[Candid Wholesale](https://millionrounds.com/company/candid-wholesale)[Chia Network](https://millionrounds.com/company/chia-network)[Coherent](https://millionrounds.com/company/coherent)[CompScience](https://millionrounds.com/company/compscience)[Composer](https://millionrounds.com/company/composer)[Cosmos](https://millionrounds.com/company/cosmos)[Dfinity](https://millionrounds.com/company/dfinity)[Enso Finance](https://millionrounds.com/company/enso-finance)[FabFitFun](https://millionrounds.com/company/fabfitfun)[Finanex](https://millionrounds.com/company/finanex)[Flex](https://millionrounds.com/company/flex)[Function Health](https://millionrounds.com/company/function-health)[Gifyourgame](https://millionrounds.com/company/gif-your-game)[Haystack](https://millionrounds.com/company/haystack)[Jia](https://millionrounds.com/company/jia)[LGND](https://millionrounds.com/company/lgnd)[Mootral](https://millionrounds.com/company/mootral)[Overflow](https://millionrounds.com/company/overflow)[Parable](https://millionrounds.com/company/parable)[Protocol Labs](https://millionrounds.com/company/protocol-labs)[Rapid Robotics](https://millionrounds.com/company/rapid-robotics)[Seed Club](https://millionrounds.com/company/seedclub)[Shakudo](https://millionrounds.com/company/shakudo)[Slik](https://millionrounds.com/company/slik)[Soldera](https://millionrounds.com/company/soldera)[Spexi](https://millionrounds.com/company/spexi)[Thirdweb](https://millionrounds.com/company/thirdweb)[Thrive Market](https://millionrounds.com/company/thrive-market)[Toucan](https://millionrounds.com/company/toucan)[Treeswift](https://millionrounds.com/company/treeswift)[Wintermute](https://millionrounds.com/company/wintermute) AspireIQ Avala Awesome People Ventures Bite Blockhain Capital (BCAP) Brassica Bright Harbor Butter Cabin DAO Canonical Fund CapGains Chain Code & State Comm Context Copper Banking Eco Electric Capital Equi Fig Goldfinch Finance GreenTrade Hypersphere Ventures Julian Capital Lucky Robots and 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 listed **1 in all**

**[Livefyre](https://millionrounds.com/company/livefyre)** Bought by [Adobe](https://millionrounds.com/fund/adobe) **Undisclosed** May 2016

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

New fund on file

**$433K**

raised in Jun 2024

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

## The cheque

Pre-seed Seed Series A

Median round joined **$17M** the round, not its cheque

Led 0 of 5 rounds **0%**

- **Said size:** $250K – $500K
- **Sole investor:** Never alone
- **Last cheque:** Oct 2015
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *2*
- Series B said *2*
- Seed said *1*
- Pre-seed said *-*
- Growth said *-*

Cheques by year Led Joined

2011 2015

Often in the room with

- [Greycroft](https://millionrounds.com/fund/greycroft) 2

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

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## 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.

[**Greycroft** VC firm **2** rounds together](https://millionrounds.com/fund/greycroft)

## Mentioned on podcasts

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

- [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 30 Jul 2020 · 31 min Frederick Daso on Profiling 100 Startups at Forbes, Authentic Thought Leadership and Achievement vs Exploration - E15 With [Frederick Daso](https://millionrounds.com/person/frederick-daso) Mentions [Accel](https://millionrounds.com/fund/accel)[Draft Ventures](https://millionrounds.com/fund/draft-ventures)[Rough Draft Ventures](https://millionrounds.com/fund/rough-draft-ventures) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 30 Dec 2016 · 29 min 20VC: How AI Can Enhance Not Replace Humans? What Will Differentiate Between The Winners & The Losers In AI? Why AGI Is Further Away Than We Think with Nitesh Banta, Founder & CEO @ B12 With [Nitesh Banta](https://millionrounds.com/person/nitesh-banta) Mentions [Draft Ventures](https://millionrounds.com/fund/draft-ventures)[Founder Collective](https://millionrounds.com/fund/founder-collective)[Rough Draft Ventures](https://millionrounds.com/fund/rough-draft-ventures) *+1* Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 29 Jul 2016 · 29 min 97. Student-Focused VC Funds, Part 2 (Peter Boyce II) With [Peter Boyce](https://millionrounds.com/person/peter-boyce) Mentions [Draft Ventures](https://millionrounds.com/fund/draft-ventures)[Rough Draft Ventures](https://millionrounds.com/fund/rough-draft-ventures) Apple PodcastsShow page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 28 Jul 2016 · 29 min 96. Student-Focused VC Funds, Part 1 (Peter Boyce II) With [Peter Boyce](https://millionrounds.com/person/peter-boyce) Mentions [Draft Ventures](https://millionrounds.com/fund/draft-ventures)[Rough Draft Ventures](https://millionrounds.com/fund/rough-draft-ventures) Apple PodcastsShow page

## 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](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=draft-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=draft-ventures)