# Reflexive Capital: portfolio, investments and team

> Reflexive Capital is a vc firm based in United States. Portfolio, stages, co-investors and team.

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

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

# Reflexive Capital

No observed cheques in the sources we track. That is a limit of our coverage, not a finding about this organisation.

Unknown New fund $77M, Jun 2025 VC firm

Pre-seed Seed Blockchain Web3 Fintech

Cheques on record

**No rounds observed yet** A limit of the sources we read, not a finding about the firm.

Pitch Reflexive Capital

## What they do

> We partner with early-stage founders solving trust-based pain points leveraging blockchain technology. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed
- **Sectors:** Blockchain Web3 Fintech
- **Based in:** Chicago, United States
- **Cold pitches:** Not stated

## The record

No rounds observed yet. That is a limit of the sources we read, not a finding about the firm. If it has invested, a round will put it here. [Know a round it was in? Tell us](https://millionrounds.com/corrections?slug=reflexive-capital).

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

AF **Adam Fisher** Executive Officer i Filing they signed

DO **David Oliver Kalk** Manager of the Managing Member and Managing Member of the general partner of the Investment Manager i Filing they signed

IO **Iii Oke Pearson** Head of Operations and Chief Compliance Officer i Form ADV

We also 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.

## What the register says

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

**$42M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Reflexive Capital Management LP
- **SEC number:** CRD 327416

## What they claim to have backed

From their own portfolio page (on their website)

**12** of 17 we have independently watched raise

[Andrena](https://millionrounds.com/company/andrena)[Anonybit](https://millionrounds.com/company/anonybit)[Claim](https://millionrounds.com/company/claim)[Coalapay](https://millionrounds.com/company/coala-pay)[Elixir](https://millionrounds.com/company/elixir)[Fission](https://millionrounds.com/company/fission)[Mod-haus](https://millionrounds.com/company/modhaus)[Petastic](https://millionrounds.com/company/petastic)[Quantstamp](https://millionrounds.com/company/quantstamp)[Stablecore](https://millionrounds.com/company/stablecore)[Threedium](https://millionrounds.com/company/threedium)[Veera](https://millionrounds.com/company/veera) Peachworlds Rilla Sapien Wholechain cover

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.

New fund on file

**$77M**

raised in Jun 2025

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

**Pitching Reflexive Capital?** 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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## Quick answers about Reflexive Capital

### What does Reflexive Capital invest in?

Reflexive Capital says it invests in Blockchain, Web3 and Fintech.

### Is Reflexive Capital investing now?

No investments in the last 12 months.

### What kind of investor is Reflexive Capital?

Reflexive Capital is a VC firm based in Chicago, United States.

### How much does Reflexive Capital manage?

About $42M, as gross assets of its private funds (Oct 2026).

### Has Reflexive Capital raised a new fund?

Its latest fund filing with the SEC was in Jun 2025, reporting $77M raised.

### Where does this information on Reflexive Capital come from?

From public registers and its own website, checked and rebuilt every night.

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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=reflexive-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=reflexive-capital)