Mode VC
Virginia

Bankless Ventures

Bankless Ventures, based in Virginia, backs crypto and Web3 startups, can lead rounds with $500k to $1 million checks, and has a $40M Fund I.

Website LinkedIn X
Entry stagen/a
Check size$500K to $1M
Leads roundsYes
FocusCrypto
Latest fund$40M Fund I (2023)
Investing team5 peopleNo activity since Sep

Who you would pitch at Bankless Ventures

5 people on the investing team, 4 of them partners who can make the call. Partners are listed first.

Ben LakoffGeneral PartnerHe is a CFA Charterholder and has experience as an entrepreneur and investor.
David HoffmanGeneral PartnerHe co-founded the Bankless media company and has experience as an angel investor.
Ryan Sean AdamsGeneral PartnerHe co-founded the Bankless podcast and newsletter in 2020.
Arnav PagidyalaInvestment PartnerHe previously worked at HashKey Capital for three years.
Brent MattersonInvestment AssociateHe is part of the firm's leadership team, which includes General Partners Ryan Sean Adams, David Hoffman, and Ben Lakoff.

Work here and something is wrong? Ask for a correction.

Writes $500K to $1M checks. Its smallest check is larger than 71% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Notable investments

MonadEther.fi0G LabsAltLayerGattaca

In their words

Bankless VenturesBankless Ventures is an early-stage Web3 Venture fund. We are empowering pioneers to explore the frontier of Web3.www.bankless.ventures
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

Send your deck

Alert me when Bankless Ventures is active

One email when this firm shows new activity. Nothing else.

Questions

What stage does Bankless Ventures invest in?

Bankless Ventures has not reported an entry stage.

How much does Bankless Ventures invest?

Bankless Ventures reports checks of $500K to $1M.

Does Bankless Ventures lead rounds?

Yes. Bankless Ventures says it can lead.

Who are the partners at Bankless Ventures?

Ben Lakoff (General Partner), David Hoffman (General Partner), Ryan Sean Adams (General Partner), Arnav Pagidyala (Investment Partner).

Is Bankless Ventures active right now?

No recent activity since September 2026.

Work at Bankless Ventures? Claim or correct this profile.