United States · 
What does Faction invest in?
Faction invests most often at Seed and Series A (67% of the rounds on record), in sectors such as Non-fungible, Decentralized and Cryptocurrency.
Faction highlights
- 01
2 cheques in the last 12 months
- 02
Mostly Seed and Series A: 67% of its rounds
- 03
Led 3 rounds
What they do
Faction is an early-stage Blockchain Venture FundFrom their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- Not stated
- Stages
- SeedSeries A
- Sectors
- Non-fungibleDecentralizedCryptocurrency
- Based in
- Menlo Park, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first7 appearances
- 2026
2 rounds
- Oct
- Mar
- 2025
4 rounds
- Oct
- Sept
- Sept
- Jun
- 2024
1 round
- Dec
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
BFBanafsheh FathiehGeneral PartneriForm ADV
SHSamuel HarrisonManaging Partner and CCOiForm ADV
We also hold 2 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
$433Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Faction Ventures, LLC
- SEC number
- CRD 318821
Funds on its Form ADV
1 private fund, $82M in gross assets · filed Mar 2024
- Lightspeed Faction Fund I, L.P.Venture100 investors$82M
What they claim to have backed
From their own portfolio page (on their website)
26 of 58 we have independently watched raise
AmmalgamBlockskyeCoinflowCredit CoopFigureFlashbotsGaibInitInversionMagicBlockMeldMonadNousOpenMindPhotonPayPufferTransCryptsTurnkeyWeatherXMWintermuteXMTPcrossminthyperbolicmedallionzerobasezkSync1MoneyBloomDiameterEthenaFlockGlacisHelioKaminoLO TechLatitudeLightspeed_wordmark_bright (1)Mrosocdgzmijtnawk7dg4wqlubpxbprmw77pdc7lhtdxoroh6ttaNaryaNavraNexusOmegaRenaSchumanSkipStrataSxTTK Faction pfpTaikofiammaimg02img03img04img05pharosprofile picstorktres
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.