IDEO CoLab Ventures

IDEO CoLab Ventures is a venture capital firm founded in 2015, with locations in Cambridge, Massachusetts, and San Francisco, California. The firm focuses on investing in early-stage startups that operate in sectors such as the internet, marketplaces, fintech, decentralized systems, the future of work, and web3. IDEO CoLab Ventures not only provides capital but also collaborates with these startups to help develop and launch new products and protocols. The firm manages the IDEO CoLab Distributed Web Fund I, which is dedicated to supporting distributed web initiatives. Through its investments and partnerships, IDEO CoLab aims to foster innovation and drive the growth of emerging technologies.

Reuben Bramanthan

General Partner

Joe Gerber

Managing Partner

Madeline Macartney

Investor

40 past transactions

Blocktorch

Seed Round in 2023
Blocktorch is a multi-chain observability platform designed to support web3 developers in scaling decentralized components globally. The platform allows engineers to efficiently access crucial metrics, logs, and traces across the decentralized stack from a single interface. By providing comprehensive observability tools, Blocktorch enhances the reliability and performance of decentralized applications, enabling developers to serve billions of users effectively.

Satellite.im

Seed Round in 2022
Satellite.im is a developer of a secure communication platform that focuses on data encryption, ensuring that information is accessible only to intended recipients. By leveraging advanced decentralization and encryption technologies, the company enables the creation of extensible applications while allowing users to store files on a distributed network. This approach not only enhances data security but also incorporates built-in redundancy and accommodates large file storage, providing users with a reliable and secure experience.

Socket

Pre Seed Round in 2022
Socket is a Web3 privacy infrastructure platform designed to facilitate social interactions for cryptocurrency purposes. It provides users with a means to manage their wallet addresses while maintaining privacy through read-only access and specific permissions. The platform allows users to connect and explore social information both on-chain and off-chain, enhancing their experience in the crypto space while safeguarding their personal data. By prioritizing privacy, Socket aims to create a secure environment for social engagement within the rapidly evolving Web3 landscape.

PwnedNoMore

Seed Round in 2022
PwnedNoMore is a co-building paradigm-changing security product with many world-renowned hackers and researchers in the community.

NFTPort

Series A in 2022
NFTPort provides one-stop and developer-friendly NFT infrastructure and APIs for developers such as Stripe for NFTs. The company was founded by Kaspar Peterson and Johannes Tammekänd, and is headquartered in Tallinn, Estonia.

Cometh

Seed Round in 2022
Cometh is a Paris-based game development studio established in 2020, specializing in blockchain games that integrate with decentralized finance (DeFi) protocols. The studio focuses on creating engaging gaming experiences that allow players to explore the galaxy while collecting spaceship non-fungible tokens (NFTs) and other valuable assets. Players can own, trade, rent, and battle using these NFTs within their games, such as Cometh Battle, a free-to-play galactic trading card game. In addition to its consumer-focused offerings, Cometh also develops business-to-business solutions aimed at enhancing blockchain adoption in the video game industry. Through its innovative approach, Cometh strives to build a sustainable and interactive gaming ecosystem that leverages the benefits of the DeFi landscape.

Phi Labs

Seed Round in 2022
Phi Labs focuses on developing blockchain tools and protocols that empower developers, creators, and entrepreneurs. By leveraging a global team of web pioneers, the company aims to enhance the accessibility of application development. As a contributor to the Archway protocol, Phi Labs rewards blockchain developers for their contributions, further fostering innovation within the ecosystem. Through its commitment to open-source initiatives, Phi Labs seeks to create an inclusive environment that supports the growth and development of blockchain technology.

DOOMSDAYX

Pre Seed Round in 2022
DOOMSDAYX is a creative technology studio for web3 artists and fans, focused on redefining culture on-chain.

Juried Protocol Galleries

Seed Round in 2022
Juried Protocol Galleries is a registry-based protocol that focuses on NFT curation and brings collectors, curators, and artists together. The company was founded in 2021 and is headquartered in Lewes, Delaware, United States.

koodos

Seed Round in 2021
Operator of a digital platform designed to empower users to manage their data and enhance their online experiences. The company offers innovative products for personal data management and secure integrations, enabling individuals and developers to gain control over their digital lives and foster data portability.

Rumble League Studios

Seed Round in 2021
Rumble League Studio's purpose is to empower players by changing the existing quo of digital ownership.

Burrata

Seed Round in 2021
Burrata is a computer software provider and developer that bridges Web2 to Web3.

Neon Labs

Seed Round in 2021
Neon Labs builds innovative blockchain products.

Immunefi

Seed Round in 2021
Immunefi is a bug bounty platform focused on enhancing the security of decentralized finance (DeFi) projects by addressing vulnerabilities in blockchain technologies. The platform provides a comprehensive solution for crypto projects, enabling effective network hosting, bug triaging, and program management. By offering tools for smart contract review and vulnerability disclosure, Immunefi helps organizations identify and mitigate risks associated with malicious exploits and unknown attacks. This proactive approach aims to create a safer environment for crypto projects, ensuring that developers can secure their applications against potential threats.

THORSwap

Initial Coin Offering in 2021
THORSwap is a cross-chain decentralized exchange (DEX) built on THORChain.

Gelato

Series A in 2021
Gelato Network is an innovative company based in Berlin, Germany, that focuses on automating smart contract executions on the Ethereum blockchain. Founded in 2007, Gelato provides a web cloud platform that allows developers to streamline their on-chain processes, enhancing application reliability and performance. Its audited smart contract protocol eliminates the need for developers to manage underlying server infrastructure, thereby saving significant development time and reducing the potential for single points of failure. The platform supports the creation of augmented smart contracts that are automated, gasless, and compatible with all major EVM-compatible blockchains, making it a valuable tool for developers looking to optimize their applications.

Nine Chronicles

Seed Round in 2021
Nine Chronicles is a fully decentralized RPG powered by the players.

4K.com

Seed Round in 2021
4K.com is a platform established by technology enthusiasts to deliver comprehensive news and reviews on 4K products, including televisions, monitors, projectors, and cameras. The site aims to keep consumers informed about the latest advancements in 4K technology, helping them make informed purchasing decisions. Additionally, it is involved in developing a web-based NFT marketplace that focuses on enhancing ownership and authenticity of tangible assets by linking them to the digital realm. This marketplace employs decentralized finance to convert physical goods into NFTs, facilitating a new framework for financial transactions that allows investors to trade efficiently, access mortgage loans, and earn yields on their assets.

Yield Guild Games

Series A in 2021
Founded in 2018, Yield Guild Games is a venture capital firm based in Quezon City, Philippines. The firm invest in early-stage token and equity deals in web3, gaming studios and the infrastructure that supports the growth of the industry.

Umee

Seed Round in 2021
Umee is a decentralized infrastructure for cross-chain interactions between networks.

Goldfinch

Venture Round in 2021
Goldfinch is a credit platform that offers crypto loans without collateral. It also offers capital in a digital currency by expanding access to capital in emerging markets and offers a stable yield to the lenders, enabling the empowerment of financial inclusion in emerging markets. The company was founded in 2020 by Mike Sall and Blake West.

Valiu

Seed Round in 2020
Valiu Inc. is a fintech company founded in 2018 and headquartered in Bogota, Colombia, that specializes in electronic fund transfer services from Colombia to Venezuela. The company has developed a mobile application designed to facilitate a dollar savings and transfer system, making financial services accessible to all Venezuelans, including migrants and their families. This service is tailored to accommodate users of varying socioeconomic backgrounds and different mobile device capabilities, ensuring that a broad audience can utilize its offerings.

Valiu

Seed Round in 2020
Valiu Inc. is a fintech company founded in 2018 and headquartered in Bogota, Colombia, that specializes in electronic fund transfer services from Colombia to Venezuela. The company has developed a mobile application designed to facilitate a dollar savings and transfer system, making financial services accessible to all Venezuelans, including migrants and their families. This service is tailored to accommodate users of varying socioeconomic backgrounds and different mobile device capabilities, ensuring that a broad audience can utilize its offerings.

Blocknative

Venture Round in 2020
Blocknative specializes in in-flight transaction data, focusing on the critical activities that occur before a transaction is confirmed on a blockchain. This aspect of blockchain operations is both technically complex and costly to manage, allowing the company to create unique data assets that establish significant barriers to entry for competitors. The firm offers a decentralized application development platform that allows developers to integrate an embedded JavaScript widget, simplifying complex blockchain interactions and enhancing user experiences. Blocknative has successfully attracted a diverse clientele, including decentralized applications (DApps), wallets, exchanges, and service providers. The company's experienced team has a strong background in developing high-scale software infrastructure and has previously achieved successful outcomes in the startup space.

Boardroom Labs

Seed Round in 2020
Boardroom Labs Inc. develops an integrated governance management platform designed to enhance decision-making and governance within various crypto networks. Founded in 2020 and based in New York, the company aims to enable stakeholder-owned platforms to scale effectively while considering the interests of all constituents. Boardroom Labs focuses on improving distributed management practices and values high standards in code quality, testing, and architecture. The company is dedicated to fostering an inclusive environment that encourages continuous learning and clear communication among its team members.

Slingshot

Seed Round in 2020
Slingshot is a decentralized finance (DeFi) trading platform that facilitates the trading of crypto assets. Founded in 2018 and based in San Francisco, California, Slingshot helps users find the best prices for token trades and offers a mobile-friendly interface for seamless trading. The platform aggregates a wide variety of tokens, providing valuable insights that enhance the trading experience. By enabling clients to trade digital assets securely through their wallets, Slingshot aims to simplify and improve access to the growing crypto market. The company was previously known as DEXAG, Inc. before rebranding in November 2020.

Chia Network

Venture Round in 2020
Chia Network Inc. is a blockchain-based company founded in 2017 and headquartered in San Francisco, California. It focuses on creating a cryptocurrency platform that emphasizes decentralization, security, and efficiency. The company has developed a unique technology based on proofs of space and time, which utilizes underused storage space on hard drives, making its approach to cryptocurrency mining less resource-intensive compared to traditional methods. Chia Network also offers Chialisp, a smart transaction programming language that enhances the functionality and user-friendliness of its cryptocurrency transactions. By leveraging this innovative technology, Chia Network aims to optimize cryptocurrency transactions while providing a sustainable alternative for both individual miners and financial institutions.

River

Seed Round in 2020
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.

Transparent Systems

Series A in 2020
Transparent Financial Systems, Inc. is a company that develops cryptographic settlement solutions for financial applications, aiming to enhance the efficiency and transparency of global financial systems. Founded in 2018 and based in Seattle, Washington, the company focuses on creating an open universal platform that facilitates secure, frictionless payments through distributed cryptographic networks. Initially targeting B2B payments and treasury management solutions, Transparent Systems seeks to improve financial accessibility and streamline transactions on a global scale.

PoolTogether

Seed Round in 2020
PoolTogether Inc. operates an Ethereum based application for saving money and playing a game. It offers PoolTogether that provides users to access a decentralized money saving and reward tool on the Ethereum blockchain, that allows participants to use Ethereum assets to transact using smart contracts. Its platform offers an audited savings game where users deposit money that goes into compound protocol to begin earning interest and at the end of the week, one winner receives the collective interest earned and everyone is able to receive their principal back. The company was founded in 2019 and is based in Grand Rapids, Michigan.

Optimism

Seed Round in 2020
Developer of a secure decentralized infrastructure platform designed for scaling Ethereum. The company helps to enhance and enshrine fair access to public goods on the internet through the development of open-source software to produce a public benefit and operate responsibly and sustainably, enabling businesses to use zero-knowledge proofs to ensure the validity of every state update.

FutureSwap

Seed Round in 2019
Futureswap is a decentralized futures exchange based in San Francisco, California. The platform utilizes blockchain technology to facilitate non-custodial trading of crypto futures contracts. By employing an automated market making algorithm, it enables users to buy and sell futures contracts with leverage, providing a flexible trading experience. Futureswap combines features of a decentralized exchange and a leveraged trading platform, allowing investors to access low-rate leveraged contracts supported by liquidity pools. This innovative approach aims to enhance the trading experience while maintaining user control over their assets.

Instadapp

Seed Round in 2019
Instadapp is a decentralized finance platform that simplifies interactions between various financial protocols. Founded in 2018 and based in Hyderabad, India, the company operates a blockchain-based autonomous banking portal and mobile application. Its services include lending, borrowing, leveraging, and swapping assets, allowing users to deposit cryptocurrencies and earn variable algorithmic interest over time. The platform enables users to manage and track their blockchain-based assets while analyzing their financial positions, facilitating direct borrowing and margin trading to enhance exposure.

Valiu

Seed Round in 2019
Valiu Inc. is a fintech company founded in 2018 and headquartered in Bogota, Colombia, that specializes in electronic fund transfer services from Colombia to Venezuela. The company has developed a mobile application designed to facilitate a dollar savings and transfer system, making financial services accessible to all Venezuelans, including migrants and their families. This service is tailored to accommodate users of varying socioeconomic backgrounds and different mobile device capabilities, ensuring that a broad audience can utilize its offerings.

Fairmint

Seed Round in 2019
Fairmint Inc. is a company that provides a cloud-based platform for Continuous Securities Offerings, allowing private companies to raise capital by connecting with a broader range of investors. Founded in 2018 and headquartered in San Francisco, California, Fairmint's application enables startups to secure funding from not only traditional investors like founders and venture capitalists but also from a wider audience, including community members. This innovative model offers investors the opportunity to gain exposure to the future revenues of emerging companies, thus enhancing their engagement and sense of ownership. By simplifying the investment process to just a few clicks, Fairmint supports entrepreneurs in raising online capital while fostering a strong relationship with their supporters.
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