# Variant Portfolio Map 2026: 45 Startups by Sector

> Variant's portfolio mapped: 45 startups it has backed, in 3 sectors from Web3 & Crypto, AI and Fintech on. $1.3B raised between them; logos, funding and rounds.

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

## Web3 & Crypto

27

- [World](https://millionrounds.com/company/world)
- [Turnkey](https://millionrounds.com/company/turnkey)
- [Kiosk](https://millionrounds.com/company/kiosk)
- [*G* Goldfinch](https://millionrounds.com/company/goldfinch)
- [Entropy](https://millionrounds.com/company/entropy)
- [Aleo](https://millionrounds.com/company/aleo)
- [Subzero Labs](https://millionrounds.com/company/subzero-labs)
- [Tessera](https://millionrounds.com/company/tessera)
- [Fei Labs](https://millionrounds.com/company/fei-labs)
- [Hyperlane](https://millionrounds.com/company/hyperlane)
- [*CF* Cozy Finance](https://millionrounds.com/company/cozy-finance)
- [Infinia](https://millionrounds.com/company/infinia)
- [MetaDAO](https://millionrounds.com/company/metadao)
- [Perennial Labs](https://millionrounds.com/company/perennial-labs)
- [*T* true[x]](https://millionrounds.com/company/truex)
- [Delta](https://millionrounds.com/company/delta)
- [Gro](https://millionrounds.com/company/g-ro)
- [*D* Delegate](https://millionrounds.com/company/delegate)
- [Satflow](https://millionrounds.com/company/satflow)
- [Empiric Network](https://millionrounds.com/company/empiric-network)
- [Shibuya](https://millionrounds.com/company/shibuya)
- [Tenor Labs](https://millionrounds.com/company/tenor-labs)
- [Renalta](https://millionrounds.com/company/renalta)
- [Gearbox Protocol](https://millionrounds.com/company/gearbox-protocol)

+3 more

## AI

10

- [Tools For Humanity](https://millionrounds.com/company/tools-for-humanity)
- [Augustus](https://millionrounds.com/company/augustus)
- [*E* Euler](https://millionrounds.com/company/euler)
- [*C* Context](https://millionrounds.com/company/context)
- [Plastic Labs](https://millionrounds.com/company/plastic-labs)
- [Osigu](https://millionrounds.com/company/osigu)
- [Sapien](https://millionrounds.com/company/sapien)
- [Pluralis Research](https://millionrounds.com/company/pluralis-research)
- [Modulus](https://millionrounds.com/company/modulus)
- [Dapta](https://millionrounds.com/company/dapta)

## Fintech

8

- [OpenFX](https://millionrounds.com/company/openfx)
- [Atum](https://millionrounds.com/company/atum)
- [Takenos](https://millionrounds.com/company/takenos)
- [True Markets](https://millionrounds.com/company/true-markets)
- [Tephra Labs](https://millionrounds.com/company/tephra-labs)
- [Pye Labs](https://millionrounds.com/company/pye-labs)
- [Alluvial Finance](https://millionrounds.com/company/alluvial-finance)
- [Hello Clever](https://millionrounds.com/company/hello-clever)

## Segment by segment

### Web3 & Crypto

27 startups · $543M raised

- [**World**](https://millionrounds.com/company/world) World connects users through a privacy-focused network with secure digital asset management. United States $188M
- [**Turnkey**](https://millionrounds.com/company/turnkey) Turnkey is a blockchain technology company based in New York, founded in 2022. United States $43M
- [**Kiosk**](https://millionrounds.com/company/kiosk) Kiosk is a visual arts laboratory that makes documentaries, television and web series, short films, and music videos. United States $30M
- [*G* **Goldfinch**](https://millionrounds.com/company/goldfinch) Goldfinch is a credit platform that offers crypto loans without collateral. United States $25M
- [**Entropy**](https://millionrounds.com/company/entropy) Entropy provides crypto custody services to keep private keys secure and make assets available on demand. United States $25M
- [**Aleo**](https://millionrounds.com/company/aleo) Aleo is a privacy-first Layer-1 blockchain platform that utilizes zero-knowledge cryptography to enable the development of private United States $21M
- [**Subzero Labs**](https://millionrounds.com/company/subzero-labs) Subzero Labs is developing Rialo, a developer-first Layer 1 blockchain built for internet-scale decentralized applications. United States $20M
- [**Tessera**](https://millionrounds.com/company/tessera) Boutique engineering search for exceptional startups United States $20M

### AI

10 startups · $660M raised

- [**Tools For Humanity**](https://millionrounds.com/company/tools-for-humanity) Tools For Humanity specializes in software development, information technology, digital marketing, and advertising services. United States $355M
- [**Augustus**](https://millionrounds.com/company/augustus) Augustus is a global payments and clearing platform, previously known as Ivy, founded in 2022 by Ferdinand Dabitz, Joshua Becker, United States $180M
- [*E* **Euler**](https://millionrounds.com/company/euler) Euler provides an AI investment research app and financial services. Iceland $36M
- [*C* **Context**](https://millionrounds.com/company/context) ConText offers conservation services for historic textiles, costume, and contemporary fiber art. United States $31M
- [**Plastic Labs**](https://millionrounds.com/company/plastic-labs) Plastic Labs is an engineering-driven AI lab that focuses on the intersection of machine learning and cognitive science. United States $19M
- [**Osigu**](https://millionrounds.com/company/osigu) Osigu is a Miami-based company founded in 2015 that offers a fully digital, AI-powered revenue cycle and claims management platfor United States $10M
- [**Sapien**](https://millionrounds.com/company/sapien) Sapien, also known as Sapien AI Corp., is a decentralized data foundry and Web3 data labeling platform founded in 2023 in San Francisco. United States $8.7M
- [**Pluralis Research**](https://millionrounds.com/company/pluralis-research) Pluralis Research is an AI research organization dedicated to developing decentralized and open-source methods for training and us United States $8.6M

### Fintech

8 startups · $146M raised

- [**OpenFX**](https://millionrounds.com/company/openfx) OpenFX is a fintech startup based in New York, founded in January 2024 by Prabhakar Reddy, who previously co-founded FalconX. United States $94M
- [**Atum**](https://millionrounds.com/company/atum) Atum is the open payments network that coordinates those systems. United States $14M
- [**Takenos**](https://millionrounds.com/company/takenos) Wallet for LATAM freelancers Argentina $12M
- [**True Markets**](https://millionrounds.com/company/true-markets) True Markets provides digital asset market analytics, real-time trends, and portfolio optimization tools for traders and businesses. United States $11M
- [**Tephra Labs**](https://millionrounds.com/company/tephra-labs) Tephra Labs is building infrastructure for a modern, global way of doing work. United States $5.0M
- [**Pye Labs**](https://millionrounds.com/company/pye-labs) Pye Finance is a Web3 startup that builds a staking-market infrastructure on the Solana blockchain. United States $5.0M
- [**Alluvial Finance**](https://millionrounds.com/company/alluvial-finance) Alluvial Finance is a software development company that provides robust solutions. United States $4.3M
- [**Hello Clever**](https://millionrounds.com/company/hello-clever) Hello Clever is an award-winning fintech company based in Sydney, Australia, founded in 2021. Australia $1.6M

**How this map is made.** Every startup here has raised money in a round we track that names Variant as an investor, the first in 2021. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[Sector portfolio **Variant's Web3 & Crypto portfolio** 27 startups · $543M](https://millionrounds.com/portfolio-maps/variant-web3-crypto-portfolio)[Sector portfolio **Variant's AI portfolio** 10 startups · $660M](https://millionrounds.com/portfolio-maps/variant-ai-portfolio)[Portfolio map **Techstars portfolio map** 1,119 startups · $16B](https://millionrounds.com/portfolio-maps/techstars-portfolio-map)[Portfolio map **Alumni Ventures portfolio map** 745 startups · $64B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-portfolio-map)[Portfolio map **Andreessen Horowitz portfolio map** 694 startups · $497B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-portfolio-map)[Portfolio map **Sequoia Capital portfolio map** 651 startups · $677B](https://millionrounds.com/portfolio-maps/sequoia-capital-portfolio-map)

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