Ten31

Ten31 is a New York-based venture capital firm established in 2020, specializing in the cryptocurrency sector with a particular focus on the bitcoin environment. The firm is dedicated to investing in innovative projects and companies within the cryptocurrency space, aiming to support the growth and development of the industry. By concentrating solely on bitcoin, Ten31 seeks to leverage opportunities in this dynamic market, positioning itself as a key player in the evolving landscape of digital assets.

Grant Gilliam

Co-Founder and Managing Partner

Jonathan Kirkwood

Co-Founder and Managing Partner

Past deals in Bitcoin

Anchor Watch

Seed Round in 2023
Anchor Watch assist corporations, fiduciaries, and estates in keeping and ensuring their Bitcoin assets conveniently and safely.

Fedi

Series A in 2023
Fedi is a tech company specializing in global bitcoin adoption. Its primary product is the Fedi mobile app, designed to facilitate secure, private, and scalable Bitcoin transactions for billions of users worldwide. The app employs multi-signature technology to enhance security during cryptocurrency exchanges, allowing users to transact anonymously with Bitcoin.

Mutiny Wallet

Pre Seed Round in 2023
Mutiny Wallet is a developer of a self-custodial Bitcoin wallet that operates in the browser, allowing users to manage their funds independently. The wallet is designed for daily spending and is accessible across various platforms, emphasizing privacy and user control. Mutiny Wallet focuses on providing instant onboarding and ensuring resistance to platform censorship, thereby enhancing the user experience for individuals looking to engage with Bitcoin in a secure and efficient manner.

Coinkite

Venture Round in 2023
Coinkite is a company focused on providing secure and user-friendly solutions for managing Bitcoin and other cryptocurrencies. It offers an advanced web wallet system that allows customers and merchants to buy, sell, accept, and store digital currencies seamlessly, akin to traditional banking. Additionally, Coinkite has developed a unique bitcoin bearer instrument in the form of a small USB stick that enables users to spend Bitcoin with ease, similar to cash transactions. This device connects to any USB port, allowing users to check their balances and manage their cryptocurrency holdings in both online and physical environments. Through its innovative products, Coinkite aims to enhance the accessibility and security of cryptocurrency transactions.

Standard Bitcoin

Seed Round in 2023
Standard Bitcoin is a company that operates a cryptocurrency mining service, focusing on Bitcoin. It offers a cloud-based platform that allows users to mine cryptocurrencies without needing specialized hardware or technical expertise. This platform aims to provide a convenient, affordable, and efficient way for users to earn money through cryptocurrency mining.

Unchained Capital

Series A in 2022
Unchained Capital, established in 2016 and headquartered in Austin, Texas, specializes in providing financial services tailored to cryptocurrency investors. The company offers a range of services, including bitcoin-backed loans, multi-signature cold storage custody, a trading desk, and bitcoin IRAs. These services are designed to help clients, regardless of their experience level, secure and maximize the value of their cryptocurrency holdings over the long term, without having to sell their assets.

Debifi

Pre Seed Round in 2022
Debifi is a cryptocurrency-backed lending platform that specializes in providing crypto-based consumer loans. The company utilizes a multi-signature address secured by blockchain technology to safeguard user collateral until the loan is repaid. This innovative approach allows for the distribution of multiple keys among different parties, enhancing security. Debifi also serves as a global aggregator of bitcoin-backed lenders, offering institutional-grade liquidity while providing a suite of technical tools designed for financial institutions. These tools enable institutions to facilitate lending without the need to develop their own solutions, thereby streamlining the process and increasing efficiency. Additionally, Debifi features a real-time monitoring system that allows users to track their escrow balances, supporting large volume and long-term loan arrangements.

Strike

Series B in 2022
Strike is an API used by merchants to accept payments from customers globally. To usher in a new digital economy with fully global money transfers, Strike believes that open payment networks enable widespread participation in the financial system. Strike takes advantage of Bitcoin's open payment network to provide customers with the first worldwide peer-to-peer payments software and a cutting-edge neobanking experience that is native to Bitcoin.

Fold

Venture Round in 2022
Fold, Inc. is a financial technology company based in San Francisco, California, that offers a platform enabling users to earn bitcoin as cashback when shopping at various retailers. Founded in 2014 and rebranded in 2018, Fold operates an application that integrates personal finance management with Bitcoin, allowing users to buy, sell, and manage both Bitcoin and traditional currency seamlessly. The platform allows users to sync their credit or debit cards or transfer Bitcoin from their wallets to purchase digital gift cards, with the added benefit of earning up to 1.5% cashback on eligible transactions. Fold also caters to premium members by providing a no-fee transaction experience, making it an attractive option for cryptocurrency enthusiasts. Additionally, the company facilitates the conversion of retail gift cards into cryptocurrency, enhancing the usability of Bitcoin in everyday purchases.

Griid

Seed Round in 2022
GRIID is a vertically integrated Bitcoin self-mining company that owns and operates a portfolio of energy infrastructure and high-density data centers primarily located in North America. The company focuses exclusively on Bitcoin mining, utilizing specialized computers known as miners to generate the cryptocurrency. By managing both the energy resources and the mining operations, GRIID aims to optimize efficiency and sustainability within the Bitcoin mining industry.

Zaprite

Pre Seed Round in 2022
Zaprite is a software-as-a-service (SaaS) platform designed to facilitate the acceptance and management of Bitcoin payments for individuals and businesses. It offers a user-friendly invoicing system that allows users to create custom invoices, integrating various payment methods such as Bitcoin, Lightning, Liquid, and credit cards. The platform also specializes in incorporating payment protocols and linking users' accounts and wallets, providing comprehensive features for Bitcoin invoicing, project management, and expense tracking. By enabling direct payments into users' accounts, Zaprite streamlines the financial transaction process for businesses engaging with cryptocurrency.

Fedi

Seed Round in 2022
Fedi is a tech company specializing in global bitcoin adoption. Its primary product is the Fedi mobile app, designed to facilitate secure, private, and scalable Bitcoin transactions for billions of users worldwide. The app employs multi-signature technology to enhance security during cryptocurrency exchanges, allowing users to transact anonymously with Bitcoin.

nodl

Seed Round in 2022
Nodl is a company focused on developing decentralized connectivity devices and network infrastructure tools. It specializes in creating solutions that enhance Bitcoin transactions by batching them across multiple wallets, which helps obfuscate the source of funds. This innovative approach enables users to securely create and share value, facilitating seamless financial interactions. Through its technology, Nodl aims to support users in managing their Bitcoin assets more effectively while promoting privacy and security in digital transactions.

Peach Bitcoin

Pre Seed Round in 2022
Peach Bitcoin is a technology company that has developed a mobile application enabling users to engage in peer-to-peer trading of Bitcoin. The platform connects buyers and sellers directly, eliminating the need for centralized exchanges, and simplifies transactions with a user-friendly interface that allows users to manage their cryptocurrency holdings efficiently.

Cathedra Bitcoin

Post in 2022
Cathedra Bitcoin is a company specializing in the development and operation of Bitcoin mining infrastructure. It believes that sound money and abundant energy are essential for human flourishing. The company has diversified its mining operations across the United States and is focused on managing and expanding its portfolio of data center infrastructure. In addition to Bitcoin mining, Cathedra Bitcoin is also involved in density computing applications, including those related to artificial intelligence.

Hoseki

Seed Round in 2022
Hoseki is a developer of a Bitcoin infrastructure platform focused on providing proof-of-assets services for Bitcoin investors. The company aims to bridge the gap between Bitcoin investors and traditional lending institutions by offering secure and easy methods for proving ownership of Bitcoin assets. This facilitates the establishment of Bitcoin as a global standard for money, allowing investors to demonstrate sufficient funds and enhance their credibility in financial transactions. Through its innovative platform, Hoseki seeks to support the growing adoption of Bitcoin in the financial ecosystem.

Impervious.ai

Seed Round in 2022
Impervious.ai develops a platform that integrates Bitcoin's Lightning Network to facilitate secure, decentralized applications. By offering an API, the company empowers developers to create solutions that utilize peer-to-peer streaming technology, allowing users to bypass intermediaries and engage in censorship-resistant data transmission. Additionally, Impervious.ai provides a web browser designed for a secure and user-centric internet experience, featuring integrated encrypted messaging, group video and audio calls, and collaborative document editing. The browser also incorporates decentralized identifiers to enhance identity control and data exchange privacy. Overall, Impervious.ai aims to enable individuals to reclaim control over their online activities through robust communication and collaboration tools.

IBEX Mercado

Seed Round in 2022
Ibex Mercado is a platform or financial operator for payment systems. Their service is a brokerage web platform for investors can buy and sell bitcoins, IBEXPAY is a web-based bitcoin payment platform, and bitcoin lightning payment infrastructure is a service. Ibex Mercado offers a service and trading systems based on stable and advanced proprietary technology.

StakWork

Venture Round in 2022
Stakwork is a microtask marketplace that connects users with simple tasks that can be completed for bitcoins. The platform simplifies complex business challenges by breaking them down into manageable tasks that can be executed quickly and easily, often via mobile devices, without the need for extensive training. This approach allows companies to access a scalable, global workforce capable of addressing various needs in near real-time. Users can earn bitcoins instantly for their completed tasks, which they can subsequently cash out. Stakwork effectively combines the gig economy with cryptocurrency, providing a unique solution for both workers and businesses.

Oshi

Seed Round in 2022
Oshi is an internet marketing services company that provides bitcoin-infused loyalty programs to small and medium businesses.

Bitnob

Venture Round in 2022
Bitnob is a company that develops and manages Bitcoin and Stablecoin infrastructure solutions for businesses globally. It operates an online trading platform designed to facilitate the buying and selling of bitcoins. Bitnob provides instant Know Your Customer (KYC) services and offers various deposit and withdrawal methods, including mobile money. The company aims to assist users in creating and growing their wealth while also supporting their business ventures.

Swan Bitcoin

Series A in 2021
Swan Bitcoin is a financial technology company that simplifies the process of purchasing Bitcoin for users through automated savings plans. It allows individuals to buy Bitcoin automatically on a weekly, monthly, or per-paycheck basis, starting with investments as low as $5. The platform is designed to help users build their Bitcoin holdings consistently, taking advantage of market fluctuations by purchasing more when prices are low and less when prices are high. Users can link their major U.S. bank accounts to the platform, which facilitates the seamless conversion of dollars into Bitcoin savings. Additionally, Bitcoin is either delivered directly to the user's wallet or stored securely with a licensed and regulated custodian at no extra cost. Swan Bitcoin aims to provide a straightforward and effective way for individuals to save and protect their wealth through Bitcoin.

Satoshi Energy

Seed Round in 2021
Satoshi Energy is a Houston, Texas-based company that specializes in providing data-driven insights and power contracts tailored for bitcoin miners. Founded in 2018, Satoshi Energy focuses on connecting renewable energy assets with bitcoin mining operations through innovative power contracts that allow for flexible energy sales. The company offers high-fidelity insights into the electric power and bitcoin mining markets, facilitating the financing and management of unique bitcoin mining opportunities. By utilizing a platform that integrates renewable energy sources, Satoshi Energy aims to enhance the efficiency and sustainability of energy use in the bitcoin mining sector.

Giga Energy

Pre Seed Round in 2021
Giga Energy focuses on monetizing wasted energy in the oil sector by capturing stranded natural gas to enable carbon-negative computing. The company develops and operates large-scale bitcoin mining farms that utilize flared and stranded gas as a primary energy source. By creating standardized mining infrastructures, including containers, generators, and electrical equipment, Giga Energy provides a solution for clients to both monetize their natural gas resources and reduce greenhouse gas emissions associated with oil drilling. Through its innovative approach, Giga Energy not only supports the cryptocurrency mining industry but also contributes to environmental sustainability by helping to alleviate flare gas emissions.

Unchained Capital

Series A in 2021
Unchained Capital, established in 2016 and headquartered in Austin, Texas, specializes in providing financial services tailored to cryptocurrency investors. The company offers a range of services, including bitcoin-backed loans, multi-signature cold storage custody, a trading desk, and bitcoin IRAs. These services are designed to help clients, regardless of their experience level, secure and maximize the value of their cryptocurrency holdings over the long term, without having to sell their assets.

Impervious.ai

Pre Seed Round in 2021
Impervious.ai develops a platform that integrates Bitcoin's Lightning Network to facilitate secure, decentralized applications. By offering an API, the company empowers developers to create solutions that utilize peer-to-peer streaming technology, allowing users to bypass intermediaries and engage in censorship-resistant data transmission. Additionally, Impervious.ai provides a web browser designed for a secure and user-centric internet experience, featuring integrated encrypted messaging, group video and audio calls, and collaborative document editing. The browser also incorporates decentralized identifiers to enhance identity control and data exchange privacy. Overall, Impervious.ai aims to enable individuals to reclaim control over their online activities through robust communication and collaboration tools.

River

Series A in 2021
River Financial Inc. is a financial technology company based in San Francisco, California, founded in 2019 by Alexander Leishman and Andrew Benson. The company specializes in providing a platform for individuals and institutions to buy, manage, and sell bitcoin. Its flagship product is a Bitcoin brokerage designed for sophisticated retail investors, offering a high-touch service that prioritizes security and client experience. River Financial's platform includes tools for investment performance, such as cost basis tracking, catering to the needs of its clients in the evolving cryptocurrency market.

Blockware Mining

Series A in 2020
Blockware Mining is a diversified Bitcoin mining infrastructure and colocation service provider headquartered in Chicago, Illinois. Blockware Mining offers clients one of the most competitive hardware and hosting packages to get miners up and hashing using the latest generation mining equipment. Blockware Mining is a self-mining operation with over 300 PH of Bitcoin Mining Rigs deployed and co-location facility owner and operator.

Samourai Wallet

Venture Round in 2020
Samourai Wallet is a company specializing in bitcoin wallet applications, with a strong focus on user privacy. Their key product is a standalone, offline-compatible wallet for Android devices, which does not require users to register an email account or provide identification. The company's platform employs advanced privacy-enhancing technologies, such as intermediary hops and provenance obfuscation, to create uncertainty about the ownership and origin of digital currency, thereby protecting users' financial transactions from surveillance and censorship.

Sphinx Chat

Seed Round in 2020
Sphinx Chat is a decentralized social network that utilizes the Bitcoin Lightning Network to facilitate secure communication and transactions. The platform is designed to prioritize user privacy by enabling encrypted messaging without relying on central servers, which ensures that personal data remains confidential and inaccessible to external entities. Users can send messages securely while also having the capability to make payments in Bitcoin to their preferred content creators. By combining chat and payment functionalities, Sphinx Chat aims to create a safe environment for users to interact and financially support creators without compromising their privacy.
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