Variant is an early-stage venture firm focused on investing in crypto networks and platforms that contribute to The Ownership Economy. The firm typically participates in Seed and Series A rounds, with occasional investments in Series B and other unspecified stages. Variant's investment strategy centers on backing projects that transform internet users into owners, fostering a more equitable digital economy.
Notable portfolio companies include Aptos, Polygon, Uniswap Labs, and Aleo, which have collectively raised substantial funding. Key partners at Variant include Li Jin, Alana Levin, Mason Nystrom, and Jesse Walden, who bring significant expertise and industry connections. The firm offers unique value-add services such as the Variant Founder Fellowship, providing actionable content and support for builders. Variant also engages with its community through platforms like Substack and Mirror, enhancing its ecosystem's knowledge and collaboration.
Variant - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments32
Current Portfolio Count29
Total Portfolio Exits1
Top Investment Stages
Seed19 (59.4%)
Series A8 (25.0%)
Series Unknown3 (9.4%)
Series B2 (6.3%)
Stage Mix
Seed 59%Series A 25%Series Unknown 9%Series B 6%
Concentration shown as share of disclosed investments by stage.
Variant - Classification
- Also Known As
- THE Variant Corp.
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 7300Business Services
Show 10 more industry codes
- NAICS
- 540000Professional, Scientific, and Technical Services
- 525000Funds, Trusts, and Other Financial Vehicles
- 541000Professional, Scientific, and Technical Services
- 523910Miscellaneous Intermediation
- SIC
- 6000Depository Institutions
- 6700Holding And Other Investment Offices
- 6720Investment Offices
- 6790Miscellaneous Investing
- 6722Management Investment Offices, Open-end
- 6799Investors, Not Elsewhere Classified