United States · 
What does Dragonfly Capital Partners invest in?
Dragonfly Capital Partners invests most often at Seed and Venture (71% of the rounds on record), in sectors such as Cryptocurrency / Blockchain, E-Commerce and FinTech.
Dragonfly Capital Partners highlights
- 01
18 cheques in the last 12 months
- 02
Mostly Seed and Venture: 71% of its rounds
- 03
Sole investor in 5 rounds, median $11M
What they do
- Type
- VC firm (from a list, unverified)
- Cheque size
- $3.0M – $30M as they say
- Stages
- Pre-seedSeedSeries A
- Sectors
- Cryptocurrency / BlockchainE-CommerceFinTech
- Based in
- SAN FRANCISCO, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first149 appearances
- 2026
12 rounds
- Sept
- Sept
- Aug
- Jul
- Jul
- May
- Mar
- Feb
- Feb
- Jan
- Jan
- Jan
- 2025
26 rounds
- Dec
- Dec
- Nov
- Nov
- Nov
- Oct
- Oct
- Oct
- Sept
- Sept
- Sept
- Aug
- Jul
- Jul
- Jul
- Jul
- Jun
- Jun
- Mar
- Mar
- Mar
- Mar
- Mar
- Mar
- Feb
- Jan
- 2024
17 rounds
- Dec
- Sept
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 registration1 named
SHScott HershorinChief Compliance Officer / Vp of OperationsiForm ADV
We also hold 14 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
$3.4Bassets it managesOct 2026
5+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Dragonfly Digital Management, LLC
- SEC number
- CRD 300750
Funds on its Form ADV
6 private funds, $2.5B in gross assets · filed Mar 2024
Hedge 3Venture 2Other 1
- Dragonfly Ventures III, L.P.Venture153 investors$743M
- Dragonfly Ventures L.P.Other44 investors$616M
- Dragonfly Ventures II, L.P.Venture77 investors$452M
- META Stable Edge, L.P.Hedge115 investors$437M
- META Stable Balanced, L.P.Hedge96 investors$200M
- Thefutureisnear L.P.Hedge9 investors$21M
What they claim to have backed
From their own portfolio page (on their website)
0 of 6 we have independently watched raise
2024/2025 Crypto CompensationDragonfly’sDragonfly’s State ofPress KitStablecoin Payments fromThe Agentic Economy
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.