Variant
Overview
Variant is a New York-based venture capital firm that invests in early-stage crypto networks, blockchain infrastructure, and consumer applications in Web3 that expand user autonomy and ownership.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Aptos Labs | Mar 2022 | Seed | Co-investor |
| Phantom | Jan 2025 | Series C | Co-investor |
| Tools for Humanity | Oct 2021 | Series A | Co-investor |
| Braintrust | Oct 2020 | Strategic | Co-investor |
| Morpho Labs | Jun 2026 | Token Sale | Co-investor |
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Key People
Jesse Walden
Founder, General Partner
Kayvon Tehranian
Venture Partner
Daniel Barabander
Investment Partner and CLO
Elijah F.
Investment Partner
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Variant based?
Variant is headquartered in New York City, New York, United States.
When was Variant founded?
Variant was founded in 2020.
How many portfolio companies does Variant have?
Variant has 85 portfolio companies in Caplight's dataset.
What are some companies in Variant's portfolio?
Portfolio companies visible on Caplight include Aptos Labs, Phantom, Tools for Humanity, Braintrust, Morpho Labs.
What was Variant's most recent investment shown here?
Variant's most recent investment in this portfolio sample was in Morpho Labs in 2026.
What sectors does Variant focus on?
Variant focuses on Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, FinTech, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, AI, Data & Cloud Infrastructure, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, AI, Data & Cloud Infrastructure, Crypto & Web3, Crypto & Web3, FinTech, Crypto & Web3, Crypto & Web3, Consumer & Commerce, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Energy & Sustainability, Crypto & Web3, Crypto & Web3, AI, Data & Cloud Infrastructure, Crypto & Web3, Crypto & Web3, Crypto & Web3, Media, Entertainment & Gaming, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Energy & Sustainability, AI, Data & Cloud Infrastructure, FinTech, FinTech, Media, Entertainment & Gaming, Crypto & Web3, FinTech, Mobility, Transportation & Logistics, Crypto & Web3, Crypto & Web3, Crypto & Web3, Enterprise Software, Crypto & Web3, AI, Data & Cloud Infrastructure, Crypto & Web3, AI, Data & Cloud Infrastructure, Crypto & Web3, Crypto & Web3, Crypto & Web3, FinTech, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Media, Entertainment & Gaming, Consumer & Commerce, Crypto & Web3, Enterprise Software, Crypto & Web3, Crypto & Web3, FinTech, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Crypto & Web3, FinTech, Enterprise Software, Media, Entertainment & Gaming, Crypto & Web3, Cybersecurity, FinTech, Media, Entertainment & Gaming, Crypto & Web3, FinTech, Crypto & Web3, Crypto & Web3, Crypto & Web3, Crypto & Web3, Cybersecurity, Media, Entertainment & Gaming, Enterprise Software, Enterprise Software, Cybersecurity, Consumer & Commerce, Cybersecurity, Crypto & Web3, FinTech, Media, Entertainment & Gaming, Media, Entertainment & Gaming, FinTech, AI, Data & Cloud Infrastructure, FinTech, Enterprise Software, Cybersecurity, AI, Data & Cloud Infrastructure, FinTech, FinTech, Cybersecurity, Mobility, Transportation & Logistics, FinTech, Crypto & Web3, FinTech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Crypto & Web3, Cybersecurity, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, FinTech, FinTech, FinTech, Enterprise Software, FinTech, AI, Data & Cloud Infrastructure, FinTech, FinTech, FinTech, AI, Data & Cloud Infrastructure, Consumer & Commerce, AI, Data & Cloud Infrastructure, FinTech, Media, Entertainment & Gaming, FinTech, FinTech, FinTech, Consumer & Commerce, Enterprise Software, FinTech, Enterprise Software, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, AI, Data & Cloud Infrastructure, FinTech, FinTech.
What company stages does Variant focus on?
Variant typically invests at the Early stage.
What is Variant's AUM?
Variant's assets under management are estimated between $250.0M and $500.0M.