01
$0M
Capital under management
Fund II open
BlackRose Ventures · Blockchain & crypto
We back the founders building on-chain finance.
An early-stage venture firm investing in blockchain and crypto startups — with fund access for individual and institutional investors. One thesis: the rails of finance are moving on-chain, and the next generation of builders needs conviction capital.
Fund metrics
Live as of Q2 2026
02
0
Portfolio companies
+7 in 2025
03
0yrs
Investing on-chain
Est. 2017
04
0x
Realised MOIC to date
Net to LPs
Capital network
Co-investors
Institutional partners alongside our largest rounds.
Thesis
Conviction capital for the on-chain economy.
We believe the infrastructure of money is being rebuilt on-chain — and that the winners will be defined at pre-seed and seed, by founders we back early and hard.
BlackRose Ventures is a specialist crypto fund, not a generalist tourist. We write first cheques into blockchain infrastructure, DeFi, real-world assets, payments and the tooling that makes them usable — then support founders through the hardest parts of the journey.
Our capital comes from individuals and institutions who want disciplined, concentrated exposure to the sector. We deploy through structured funds with clear commitments and capital calls, report transparently, and treat every allocation as a decade-long partnership — with returns presented as objectives, never as promises.
A. Devereaux
Managing Partner
BlackRose Ventures
BlackRose Ventures
$180M
Capital under management across two crypto-focused funds
Where we play
Early. Focused. On-chain.
From pre-seed to Series A, across every major ecosystem — we lead and co-invest alongside the best founders and funds building the future of finance.
What we back
Six theses, one conviction.
We invest across the crypto stack — from the base layers to the applications that will bring the next billion users on-chain.
L1 / L2 & Infrastructure
The chains, rollups, data availability and dev tooling that everything else is built on. Where performance and decentralisation are still being won.
01DeFi
Exchanges, lending, derivatives and asset management rebuilt as open, composable protocols with real users and real revenue.
02RWA & Tokenization
Treasuries, credit, funds and physical assets brought on-chain — the bridge between traditional balance sheets and crypto rails.
03Payments & Stablecoins
Stablecoin issuance, on/off ramps and global settlement — the fastest-growing, most obvious product-market fit in crypto.
04Wallets & Security
Self-custody, account abstraction, key management and the security layer that makes on-chain safe for everyone.
05DePIN & AI x Crypto
Decentralised physical infrastructure and the intersection of AI and crypto — compute, data and coordination markets.
06
For founders
From pitch to partnership.
A fast, founder-friendly process — every pitch is read by an investor, and we move quickly to a decision.
01
Submit
Share your company, round and deck. Two minutes, no gatekeepers, no warm intro required.
02
Screen
An investor reviews within days and reaches out directly if there's a fit worth exploring.
03
Diligence
A focused deep-dive on team, product, tokenomics and market — collaborative, not adversarial.
04
Back you
We move to conviction fast, lead or co-invest, and support you long after the wire clears.
Founder & LP voices
Trust built over years,
Trust built over years,
not overnight.
Drag to explore
BlackRose gave me disciplined, concentrated crypto exposure without running my own thesis. Clear commitments, transparent capital calls, and a team that actually understands the sector.
Since 2025
They led our pre-seed when the market was quiet and most funds went silent. Real conviction, fast diligence, and genuine help on tokenomics and security. The partner you want on your cap table.
Backed 2024
The LP portal is what sold me — real-time fund NAV, clean capital-call notices, MFA that doesn't fight you. It feels like infrastructure built by operators, not marketers.
Since 2025
Getting early crypto exposure used to mean chasing allocations and hoping for the best. BlackRose runs it like an institution — clear strategy, ring-fenced fund vehicles, and reporting I actually understand.
Since 2025
They were the first cheque into our stablecoin infrastructure and opened doors we couldn't have on our own — exchanges, custodians, later-stage funds. Founder-first, all the way through.
Backed 2023
How we operate
A fund run like institutional infrastructure.
Commitments, capital calls and reporting flow through an encrypted LP portal — fund assets held with regulated custodians, with a full audit trail.
Layer 01 · Custody
Segregated fund architecture
Fund assets held with regulated custodians and insured cold storage — never commingled with the manager's operating capital.
100%Segregated fund assets
Layer 02 · Capital calls
Multi-rail settlement
Commit once; capital is called as deals close, funded via SWIFT, SEPA, ACH or direct on-chain transfer — LP-selected, desk-verified.
<4hrAvg. on-chain confirm
Layer 03 · LP portal
Encrypted investor access
Real-time fund NAV, portfolio marks, capital-call notices and statements behind MFA — built for operators, not tourists.
24/7Portal uptime
For investors · individuals & institutions
Commit once. Fund calls your way.
Back a diversified crypto venture portfolio through a structured fund. Individuals from $25,000; institutions at scale — with capital calls, segregated custody and an encrypted LP portal.
Individuals & family offices
Qualified investors commit from $25,000. Fund capital calls in USDC, USDT, BTC, ETH or by wire — distributions return on the same rails.
From $25KUSDCUSDTWireLP portal
Institutions & funds
FoFs, treasuries and allocators commit at scale with side letters, custom reporting, multi-entity subscriptions and SWIFT / SEPA / ACH settlement.
$2M+ typicalSide lettersSWIFTSEPADedicated IR
Fund metrics
Fund performance at a glance
A clear view of how we deploy capital — realised returns, follow-on discipline, portfolio survival and how much of every dollar reaches founders.
- $180M capital under management
- 42 portfolio companies
- 3.1x realised MOIC to date
0%
Capital deployed
0%
Follow-on rate
0%
Portfolio still active
0%
Led or co-led rounds
Custody & safeguards
Structured to protect capital first.
Institutional custody
Fund assets are held with regulated, insured custodians — never commingled with the manager's operating funds.
Segregated fund vehicles
Each fund runs through ring-fenced limited-partnership and company structures for legal separation.
Audited reporting
Independent review of fund NAV and portfolio marks, surfaced in your quarterly LP report.
Encrypted access
Bank-grade encryption and multi-factor authentication protect every login, capital call and transfer.
Invest with us
Request access to the fund.
Tell us a little about yourself and we'll arrange an introduction to discuss fund access, terms and the current portfolio. No obligation — only a considered first conversation.
Building something instead? Pitch your startup →
Thank you, there.
Your request is with our investor relations team. A partner will reach out within one business day — unhurried, and without obligation.