Investor Profile: CoinFund — Thesis, Cheque Size & How to Apply

For crypto and Web3 founders, CoinFund funding means partnering with one of the oldest cryptonative investment firms in the world. Founded in 2015 — it began, by its own telling, as a Slack channel among private investors at a Brooklyn kitchen table — the New York firm has grown into a 30-plus-person registered investment adviser backing the builders of the decentralised internet.

Thesis & focus

CoinFund champions "the leaders of the new internet", aiming to create more durable and equitable technology across finance, infrastructure and AI. It invests across seed, venture and liquid opportunities, going beyond cheque-writing to help founders build companies — its leaders describe themselves as company builders, and the firm's stated goal is partnership, not just capital.

Sectors & stages

The mandate covers digital assets, decentralisation technologies and key enabling infrastructure: layer-1 blockchains, DeFi, NFTs, gaming, payments, asset management, exchanges, marketplaces and decentralised applications. The firm backs founders from pre-seed and seed through early-stage venture rounds showing traction.

Fund size & cheque size

In August 2022 CoinFund launched CoinFund Ventures I, a $300 million early-stage Web3 venture fund backed by institutional investors, family offices and crypto-native founders. Reported cheque sizes run $6–$10 million per company, with the fund expected to back 30–40 companies over its deployment period.

Notable portfolio

With more than 100 companies backed, disclosed names include Blockdaemon (blockchain infrastructure), Rarible (NFT marketplace), Solana Labs, Dapper Labs (creator of NBA Top Shot), Polkadot, plus newer investments such as Jeeves (Series C1 led by CoinFund) and Trace Finance.

Key people

CoinFund was founded by CEO Jake Brukhman (ex-Highbridge Capital, Amazon) and co-founder Alex Felix (ex-American Capital, Bank of America, RBS, Guggenheim). Managing partner David Pakman, who heads venture investing, spent 13 years as a partner at Venrock and previously co-founded the Apple Music group — a hire that bridged traditional venture and crypto.

Programs, credits & perks

CoinFund does not run a public accelerator and publishes no startup credit packages. Its platform is the partnership model itself: deep cryptonative expertise in tokenomics, engineering and policy across the portfolio.

How to apply for funding

The firm lists [email protected] as its contact on the official site, and cryptonative founders typically reach the team through that inbox, warm introductions, or the firm's visible partners on X and LinkedIn. For founders asking how to get funding from CoinFund, a tight narrative on protocol design and token strategy matters as much as the deck. While our list of angel investors in india covers domestic networks, Web3 founders anywhere can pitch CoinFund — crypto fundraising is borderless by default.