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CoinFund

New York, NYCOINFUND
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Dossier Summary

Web3-native investment firm managing diversified strategies across liquid and venture crypto investments.

Classification
Slugcoinfund
HQNew York, NY
Stage FocusPrimarily seed to Series A crypto/blockchain companies, w…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

CoinFund is one of the OG crypto VCs that actually understands the technology, not just the hype. Jake Brukhman can talk circles around most investors about protocol design, but that same depth sometimes means slower decision-making than newer crypto funds. They're genuinely helpful post-investment with technical guidance and crypto-native business model advice, though their network is more crypto-insider than mainstream tech. If you're building serious infrastructure or DeFi protocols, they get it. If you need help crossing the chasm to mainstream adoption, their traditional tech experience via Pakman helps, but you might want additional mainstream VCs on your cap table.

KEY TAKEAWAYS
  • Best for: Serious crypto infrastructure and DeFi protocol builders who need technical investors
  • Watch out for: Slower decision-making due to deep technical diligence process
  • Known for: Actually understanding crypto technology beyond just riding the wave
Investment Thesis

CoinFund invests in early-stage crypto and blockchain infrastructure companies, focusing on protocols, DeFi, NFTs, and Web3 applications. They claim to be thesis-driven investors who back foundational technology that will power the decentralized internet.

Stage & Sector Focus

Primarily seed to Series A crypto/blockchain companies, with heavy focus on DeFi protocols, infrastructure tooling, NFT platforms, and Web3 consumer apps. Portfolio spans from pure-play crypto to crypto-adjacent fintech.

Notable Portfolio
CompoundThe SandboxOpenSeaFilecoinCoinbaseKrakenDapper LabsBlockdaemon
Key Partners
Jake Brukhman
CEO & Founder

Former Triton Research quantitative analyst turned crypto evangelist. Known as one of the earliest institutional crypto investors, built CoinFund from a crypto hedge fund into a venture platform. Founders appreciate his deep technical knowledge but sometimes find him overly theoretical.

Alex Felix
Partner

Former ConsenSys Ventures partner who joined to lead early-stage investments. Has a strong network in the Ethereum ecosystem and reputation for being founder-friendly. Known for moving quickly on decisions when he believes in a team.

David Pakman
Partner

Apple veteran and former Venrock partner who brings traditional tech experience to crypto investing. Well-respected for his consumer product instincts and ability to help crypto startups think about mainstream adoption.

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