# Dragonfly Capital Partners Portfolio Map 2026: 94 Startups by Sector

> Dragonfly Capital Partners's portfolio mapped: 94 startups it has backed, in 6 sectors from Web3 & Crypto, Fintech and AI on.

Source: https://millionrounds.com/portfolio-maps/dragonfly-capital-partners-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Web3 & Crypto

64

- [Polymarket](https://millionrounds.com/company/polymarket)
- [Ava Labs](https://millionrounds.com/company/ava-labs)
- [Mesh](https://millionrounds.com/company/mesh)
- [Babel Finance](https://millionrounds.com/company/babel-finance)
- [BloXroute Labs](https://millionrounds.com/company/bloxroute-labs)
- [InfStones](https://millionrounds.com/company/infstones)
- [Variational](https://millionrounds.com/company/variational)
- [.bit](https://millionrounds.com/company/bit)
- [MegaETH](https://millionrounds.com/company/megaeth)
- [Nexus](https://millionrounds.com/company/nexus)
- [Matrixport](https://millionrounds.com/company/matrixport)
- [Axelar Network](https://millionrounds.com/company/axelar-network)
- [Arbelos Markets](https://millionrounds.com/company/arbelos-markets)
- [Caldera](https://millionrounds.com/company/caldera)
- [*IC* Inversion Capital](https://millionrounds.com/company/inversion-capital)
- [Solend](https://millionrounds.com/company/solend)
- [Hashflow](https://millionrounds.com/company/hashflow)
- [Entropy](https://millionrounds.com/company/entropy)
- [Commonware](https://millionrounds.com/company/commonware)
- [Tagomi](https://millionrounds.com/company/tagomi)
- [SynFutures](https://millionrounds.com/company/synfutures)
- [Codex](https://millionrounds.com/company/codex)
- [Goldsky](https://millionrounds.com/company/goldsky)
- [Skolem Technologies](https://millionrounds.com/company/skolem-technologies)

+40 more

## Fintech

9

- [*B* Branch](https://millionrounds.com/company/branch)
- [*S* StablecoinX](https://millionrounds.com/company/stablecoinx)
- [Rain](https://millionrounds.com/company/rain)
- [Agora](https://millionrounds.com/company/agora)
- [Gauntlet](https://millionrounds.com/company/gauntlet)
- [*RT* RD Technologies](https://millionrounds.com/company/rd-technologies)
- [ZAR](https://millionrounds.com/company/zar)
- [*V* VibrantCashory](https://millionrounds.com/company/vibrantcashory)
- [Afriex](https://millionrounds.com/company/afriex)

## AI

9

- [*VA* Venice AI](https://millionrounds.com/company/venice-ai)
- [Teleport](https://millionrounds.com/company/teleport)
- [USD.AI](https://millionrounds.com/company/usd-ai)
- [*C* Context](https://millionrounds.com/company/context)
- [Morph](https://millionrounds.com/company/morph)
- [Prodia](https://millionrounds.com/company/prodia)
- [Hedgehog](https://millionrounds.com/company/hedgehog)
- [SZNS](https://millionrounds.com/company/szns)
- [Lumina](https://millionrounds.com/company/lumina)

## Construction

4

- [Conduit](https://millionrounds.com/company/conduit)
- [*U* usdx.money](https://millionrounds.com/company/usdx-money)
- [*L* LI.FI](https://millionrounds.com/company/li-fi)
- [VelaFi](https://millionrounds.com/company/velafi)

## Gaming

4

- [Metatheory](https://millionrounds.com/company/metatheory)
- [Lava Labs](https://millionrounds.com/company/lava-labs)
- [Yeet](https://millionrounds.com/company/yeet)
- [Blast Royale](https://millionrounds.com/company/blast-royale)

## IT Services

4

- [MyPrize](https://millionrounds.com/company/myprize)
- [XLD Finance](https://millionrounds.com/company/xld-finance)
- [The New Club](https://millionrounds.com/company/the-new-club)
- [CoFiX](https://millionrounds.com/company/cofix)

## Segment by segment

### Web3 & Crypto

64 startups · $4.4B raised

- [**Polymarket**](https://millionrounds.com/company/polymarket) Polymarket is the largest prediction market platform globally, allowing users to trade shares on the outcomes of real-world events. United States $3.0B
- [**Ava Labs**](https://millionrounds.com/company/ava-labs) Ava Labs is a technology company based in New York City, specializing in blockchain innovation and the development of digital asse United States $230M
- [**Mesh**](https://millionrounds.com/company/mesh) Electronics-focused Venture Capital Firm United States $81M
- [**Babel Finance**](https://millionrounds.com/company/babel-finance) Babel Finance is a global cryptocurrency financial institution founded in 2018 and headquartered in Hong Kong, with a secondary of Hong Kong SAR China $80M
- [**BloXroute Labs**](https://millionrounds.com/company/bloxroute-labs) BloXroute is a blockchain distribution network that helps in scaling blockchains to thousands of transactions/second on-chain. United States $70M
- [**InfStones**](https://millionrounds.com/company/infstones) InfStones is a blockchain infrastructure provider that specializes in Platform as a Service (PaaS). United States $68M
- [**Variational**](https://millionrounds.com/company/variational) Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum. Cayman Islands $52M
- [**.bit**](https://millionrounds.com/company/bit) BIT, or Behavioural Insights Team, is a global social purpose company and behavioural science consultancy founded in 2010. United Kingdom $51M

### Fintech

9 startups · $2.0B raised

- [*B* **Branch**](https://millionrounds.com/company/branch) United States $707M
- [*S* **StablecoinX**](https://millionrounds.com/company/stablecoinx) United States $530M
- [**Rain**](https://millionrounds.com/company/rain) Rain is an operator and custodian of digital currency exchange intended to make digital transactions. United States $408M
- [**Agora**](https://millionrounds.com/company/agora) Agora uses machine learning and natural language processing to discover actionable insights in large-scale conversations. United States $184M
- [**Gauntlet**](https://millionrounds.com/company/gauntlet) Gauntlet is a financial technology and quantitative research firm focused on decentralized finance (DeFi) risk management, economi United States $125M
- [*RT* **RD Technologies**](https://millionrounds.com/company/rd-technologies) Trusted Multi-currency Business Account for Global Businesses Hong Kong SAR China $40M
- [**ZAR**](https://millionrounds.com/company/zar) Objavte výnimočný zážitok v Hoteli Lomnica***** - prvotriedne ubytovanie, wellness, gastronómia a kultúra v srdci Tatier. Pakistan $13M
- [*V* **VibrantCashory**](https://millionrounds.com/company/vibrantcashory) VibrantCashory is a fintech startup offering cloud-based payments, budgeting & analytics, secure, scalable, and smart for individuals & SMEs. United Kingdom $500K

### AI

9 startups · $247M raised

- [*VA* **Venice AI**](https://millionrounds.com/company/venice-ai) United States $65M
- [**Teleport**](https://millionrounds.com/company/teleport) Teleport builds software to move individuals to the best place to live and work. United States $53M
- [**USD.AI**](https://millionrounds.com/company/usd-ai) USD.AI is a stablecoin protocol at the intersection of blockchain and artificial intelligence. Cayman Islands $40M
- [*C* **Context**](https://millionrounds.com/company/context) ConText offers conservation services for historic textiles, costume, and contemporary fiber art. United States $31M
- [**Morph**](https://millionrounds.com/company/morph) Morph is a fully permissionless EVM L2 that uses a combination of optimistic and zero-knowledge rollup technology. United States $20M
- [**Prodia**](https://millionrounds.com/company/prodia) Prodia is an AI infrastructure company that specializes in image and video generation. United States $15M
- [**Hedgehog**](https://millionrounds.com/company/hedgehog) Hedgehog is an open Network Fabric for the Distributed Cloud. United States $14M
- [**SZNS**](https://millionrounds.com/company/szns) SZNS is a platform to collectively own and manage NFT assets. United States $10M

### Construction

4 startups · $280M raised

- [**Conduit**](https://millionrounds.com/company/conduit) Conduit reduces employee turnover by aligning business objectives with employee priorities and creating communities of peers while United States $186M
- [*U* **usdx.money**](https://millionrounds.com/company/usdx-money) Hong Kong SAR China $45M
- [*L* **LI.FI**](https://millionrounds.com/company/li-fi) Germany $29M
- [**VelaFi**](https://millionrounds.com/company/velafi) VelaFi is a financial infrastructure platform that utilizes stablecoins to facilitate instant and compliant cross-border money mov United States $20M

### Gaming

4 startups · $47M raised

- [**Metatheory**](https://millionrounds.com/company/metatheory) METATHEORY is a technology-driven entertainment company based in San Francisco, California, founded in 2021. United States $24M
- [**Lava Labs**](https://millionrounds.com/company/lava-labs) Lava Labs is a game development studio. United Kingdom $10M
- [**Yeet**](https://millionrounds.com/company/yeet) Yeet is an online crypto casino and sportsbook platform that launched in 2023. Venezuela $7.8M
- [**Blast Royale**](https://millionrounds.com/company/blast-royale) Blast Royale is a mobile 'Battle Royale' game that encourages competition and community participation. United Kingdom $5.0M

### IT Services

4 startups · $38M raised

- [**MyPrize**](https://millionrounds.com/company/myprize) MyPrize is a crypto powered online casino with immersive social integration. United States $21M
- [**XLD Finance**](https://millionrounds.com/company/xld-finance) XLD is a borderless decentralized network that delivers financial services to emerging markets. - $13M
- [**The New Club**](https://millionrounds.com/company/the-new-club) The New Club empowers and elevates women in engineering and connect them with the community and careers to excel. United States $3.1M
- [**CoFiX**](https://millionrounds.com/company/cofix) CoFiX is a computable trading system. - $500K

**How this map is made.** Every startup here has raised money in a round we track that names Dragonfly Capital Partners as an investor, the first in 2018. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[VC firm · United States **Techstars** 1,119 startups · 12 sectors · $16B](https://millionrounds.com/portfolio-maps/techstars-portfolio-map)[VC firm · United States **Alumni Ventures** 745 startups · 12 sectors · $64B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-portfolio-map)[VC firm · United States **Andreessen Horowitz** 694 startups · 12 sectors · $497B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-portfolio-map)[VC firm · United States **Sequoia Capital** 651 startups · 12 sectors · $677B](https://millionrounds.com/portfolio-maps/sequoia-capital-portfolio-map)[VC firm · United States **SV Angel** 548 startups · 12 sectors · $79B](https://millionrounds.com/portfolio-maps/sv-angel-portfolio-map)[VC firm · United States **General Catalyst** 538 startups · 12 sectors · $230B](https://millionrounds.com/portfolio-maps/general-catalyst-portfolio-map)

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