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Dragonfly Capital

Seed to Growth venture capital firm · New York City

Dragonfly Capital is a Seed to Growth venture capital firm based in New York City that typically writes $3M–$30M checks in Blockchain, Infrastructure and Defi. DryPowder has no SEC Form D on file for Dragonfly Capital as of August 6, 2026. Partners at Dragonfly Capital include Haseeb Qureshi (Managing Partner) and Bo Feng (Managing Partner).

Updated · Sources: fund website, press

Check if you match Dragonfly Capital
Typical check
$3M–$30M
Stages
Seed–Growth
Headquarters
New York City

Overview

Dragonfly Capital at a glance

Stage
Seed, Series A, Series B, Growth
Check size
$3M–$30M
Sectors
Blockchain, Infrastructure, Defi, L1 L2s, Stablecoin, Cefi, Nft, AI Agents
Headquarters
New York City
Cold inbound
Accepted
Website
dragonfly.xyz

Investment thesis

Dragonfly brings access and influence to crypto teams with global aspirations to find adoption anywhere. The fund invests across stages with a focus on teams tackling big, wicked problems and pushing the boundaries of the crypto industry.

Stated on dragonfly.xyzWEBSITE

What sets Dragonfly Capital apart

  • Acquired Metastable (founded 2014 by Naval Ravikant), longest-running crypto fund with early bets on Ethereum, Avalanche, Cosmos, Near
  • Extensive research and data publishing (compensation reports, airdrop analysis, stablecoin studies)
  • Global presence with dedicated Asia portfolio support
  • Technical founding team with 8+ years crypto experience

Recent investments

DryPowder has tracked these recent investments from Dragonfly Capital: Monad, MegaEth and Metastable.

What the portfolio shows

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Portfolio 23

Backed: Bybit, Near Foundation, Dune Analytics + 20 more

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Apply to Dragonfly Capital directly

Partners

6 partners at Dragonfly Capital

  • Haseeb Qureshi

    Managing Partner

  • Bo Feng

    Managing Partner

  • Tom Schmidt

    General Partner

  • Rob Hadick

    General Partner

  • Gengmo Qi

    Partner

  • Omar Kanji

    Partner

From the fund's website. Contact details not yet verified.

Activity

Deployment evidence

SEC Form D filings

DryPowder has no SEC Form D on file for Dragonfly Capital in the last three years.

In the news

See all in deal flow
NEWStechmeme.comAug 6, 2026
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Similar funds

Funds like Dragonfly Capital

Investor lists that include Dragonfly Capital

Seed investorsSeries A investorsSeries B investorsGrowth investorsSeed Crypto investorsSeed Infrastructure investorsSeries A Crypto investorsSeries A Infrastructure investors

FAQ

Questions about Dragonfly Capital

What does Dragonfly Capital invest in?

Dragonfly Capital is a Seed, Series A, Series B, Growth stage Blockchain, Infrastructure, Defi, L1 l2s, Stablecoin, Cefi, Nft, Ai agents investor, typically writing $3M – $30M checks, primarily investing in US. Their thesis: Dragonfly brings access and influence to crypto teams with global aspirations to find adoption anywhere. The fund invests across stages with a focus on teams tackling big, wicked problems and pushing the boundaries of the crypto industry.

What check size does Dragonfly Capital write?

Dragonfly Capital typically writes $3M – $30M checks at the Seed, Series A, Series B, Growth stage in Blockchain, Infrastructure, Defi, L1 l2s, Stablecoin, Cefi, Nft, Ai agents.

What makes Dragonfly Capital different from other funds?

Dragonfly Capital stands out on 4 points: Acquired Metastable (founded 2014 by Naval Ravikant), longest-running crypto fund with early bets on Ethereum, Avalanche, Cosmos, Near; Extensive research and data publishing (compensation reports, airdrop analysis, stablecoin studies); Global presence with dedicated Asia portfolio support; Technical founding team with 8+ years crypto experience.

What has Dragonfly Capital invested in recently?

Recent investments DryPowder has tracked from Dragonfly Capital include Monad, MegaEth, Metastable.

What other funds are similar to Dragonfly Capital?

Funds with an overlapping stage and sector focus include Haun Ventures, Notation Capital, Hack VC.

How do I reach Dragonfly Capital?

Dragonfly Capital accepts cold inbound, so a warm introduction is not required. Dragonfly Capital publishes an application route at https://career.dragonfly.xyz/venture.html.