What does Protocol Labs invest in?
Protocol Labs invests most often at Seed and Pre-seed (60% of the rounds on record), in sectors such as Nft, Nfts and Web3.

United States · Investor
Last cheque observed Apr 2026; 87 cheques on record.
Deploying nowCorporate VC
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7 cheques in the last 12 months
Mostly Seed and Pre-seed: 60% of its rounds
Sole investor in 5 rounds, median $2.2M
Every round we can evidence, newest first87 appearances
5 rounds
10 rounds
21 rounds
15 rounds
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.
We 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.
The investors most often in the same rounds as Protocol Labs. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Protocol Labs put money into.
Episodes that name Protocol Labs in their description, not their title.

Measuring & Managing Community Orgs, Developer Relations and Beyond
MentionsGoogleProtocol LabsAmir Shevat

Working, Making, Creating in Public... and Private
MentionsFord FoundationProtocol Labs

Ciaran O'Leary, BlueYard
MentionsProtocol Labs

a16z Podcast: Trends in Cryptocurrencies
MentionsChris DixonPolychainProtocol Labs+1

a16z Podcast: Getting Applications Into People's Hands
Protocol Labs invests most often at Seed and Pre-seed (60% of the rounds on record), in sectors such as Nft, Nfts and Web3.
87 investments on record, 7 of them in the last 12 months. The most recent was in Apr 2026.
Its most recent investments on record: Reppo Labs (Seed, Apr 2026), Bluesky (Series B, Mar 2026) and Cryptio (Series B, Mar 2026).
The median round it joins is $4.3M. It says it writes cheques of $25K to $20M.
Rarely, if at all: none of its 87 investments on record names it as the lead.
Most of the companies it backs are in the United States (46%), Cayman Islands (8%) and Switzerland (8%).
Yes: it is actively investing, with 7 investments in the last 12 months.
Most often Y Combinator (11 rounds together), Alumni Ventures (7 rounds together) and Outlier Ventures (7 rounds together).
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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