Best VCs for Governance

27 venture capitalists actively investing in Governance.

Active VCs

Funds

Deals

Founder

QDAO DeFi

Focused on DeFi infrastructure and decentralized governance through QDAO DeFi, investing in projects that advance financial decentralization.

SeedSeries A

#2Noyes Harrigan

Principal

Framework Ventures

Investing in DeFi and crypto infrastructure at Framework Ventures. Focuses on protocols that expand the design space of decentralized finance.

SeedSeries A

#3Andrus Aaslaid

Managing Partner

Tera Ventures

Investing in early-stage tech and blockchain startups in the Baltics through Tera Ventures, leveraging Estonia's leading digital governance expertise.

Pre-seedSeed

#4Fred Ehrsam

Co-Founder & Managing Partner

Paradigm

Protocol-level investments and new financial primitives. Open-source money, programmable economics, governance, mechanism design.

SeedSeries ASeries B

#5Stewart Eichner

Partner, Chief Legal Officer & Chief Compliance Officer

CoinFund

Stewart's legal lens separates a digital asset from the facts and method of its distribution. His Ripple analysis emphasizes that the same token may receive different securities treatment depending on

No Stewart-specific check size or allocation authority is public. His mandate covers CoinFund's legal, regulatory and compliance affairs. Founders should send project materials through CoinFund's projects channel and engage counsel on token, offering and compliance structure rather than assuming Stewart is the investment sponsor.

Fund formation and complianceToken and financing structure reviewRegulatory engagement

#6Felix Machart

Research Partner

Greenfield Capital

Felix uses research and market data to identify durable crypto infrastructure and distinguish fundamental adoption from speculation. His work favors protocols with measurable usage, revenue or value a

No personal check-size range is published. Greenfield's venture mandate spans pre-seed through later stages; financing amounts in Felix's investment essays are company-round totals, not personal limits.

Pre-SeedSeedSeries A

#7Peyman Momeni

Research Partner

Hack VC

Peyman treats confidentiality as market infrastructure rather than an abstract right. His research uses identity-based encryption and distributed decryption to prevent front-running with dramatically

Not disclosed and not inferable. Peyman is listed as a Research Partner, so founders should treat him as a domain expert and technical thesis contributor unless Hack VC confirms participation in a specific investment decision.

Technical ResearchProtocol DesignPre-Seed

#8Michael Rinko

Associate

Colosseum

Michael's lens combines markets research with Colosseum's tournament-style venture funnel: use global hackathons and four-week build sprints to observe which founders ship, learn and attract users bef

Colosseum's published accelerator investment is $250K pre-seed for accepted teams; it is a program-level standard, not Michael's personal discretionary check. Current materials say hackathon winners are interviewed and considered, with accepted teams receiving capital, mentorship and network access. Earlier official content described 7% terms; founders must verify the current instrument, percentage and token/equity structure.

Pre-seedHackathon to acceleratorInitial product sprint

#9Jon Levy

Managing Director, Partnerships

Y Combinator

Jon's public work focuses on reducing legal and financing friction for startups and supporting YC companies after the batch. He advocates standardized formation and fundraising documents, founder unde

YC invests through standardized program terms; no Jon-specific startup check size or independent allocation authority is public. Apply through YC's official process. Partnership, post-batch and financing-support questions should be framed for his documented remit.

Post-batch company supportStrategic partnershipsCompany formation and financing

#10Alison Davis

Founder and Managing Partner; Blockchain Capital Advisor

Blockchain Coinvestors / Fifth Era

Alison invests around technological change in financial services and the transition toward blockchain and Web3. Through Fifth Era and Blockchain Coinvestors she combines a fund-of-funds view of the cr

No Alison-specific check range is public. Blockchain Coinvestors has managed fund-of-funds and direct early-stage token strategies, but vehicle documents and historical target sizes are not personal check-size promises. Founders and managers should identify the relevant vehicle and confirm current allocation capacity.

Venture fund investingFund of fundsEarly-stage technology

#11Olaf Carlson-Wee

Founder & CEO

Polychain Capital

Crypto protocols are the native business model of the internet. Protocol-level investments, governance tokens, cross-chain infrastructure.

SeedSeries AToken

#12Ash Egan

Co-founder & GP

Archetype

Focuses on crypto infrastructure and protocols that enable new types of coordination. Archetype backs technical founders at the frontier of crypto.

Pre-seedSeed

#13Helen Norton

Former Partner, Finance & Operations (departed April 2026)

AirTree Ventures (Web3)

Helen's contribution was building an institutional venture platform around the investors and founders: fund finance, governance, compliance, systems, LP relationships, organization and shared learning

Not applicable. Helen is no longer at AirTree and her historical mandate was finance and operations, not a personal Web3 check-writing practice. Current founders should use AirTree's current investment team and published fund channels; operational peers should treat her record as experience, not present firm authority.

Venture-firm formation and scalingFund finance and governanceLimited-partner and investor relations

#14Joel Monegro

Partner

Placeholder

Fat protocol thesis and web3 infrastructure. Co-founder of Placeholder with Chris Burniske.

#15Jesse King

Partner, General Counsel

Kleiner Perkins

Jesse's role is to manage legal risk and enable transactions for Kleiner Perkins and its portfolio. His background spans venture capital financings, M&A, corporate and securities work, litigation and

No Jesse-specific startup check size or allocation authority is public. His documented mandate is legal oversight for Kleiner Perkins and its portfolio companies. Founders seeking financing should contact an investing partner.

Fund and portfolio legal supportVenture financingsMergers and acquisitions

#16Howard Cox

Special Limited Partner

Greylock Partners

Howard's record reflects a long-horizon institution-builder and governance lens developed across Greylock, the NVCA, In-Q-Tel, Stryker, investment committees and public-interest institutions. It is us

No current personal or Greylock check range is attributable to Howard, and his emeritus Special Limited Partner status should not be treated as current check-writing authority. Contact Greylock's active investors for stage, allocation, ownership and process.

Historical Venture InvestingBoard GovernanceInstitutional Investment Oversight

#17Balaji Srinivasan

Angel Investor & Founder

Network states, crypto as the foundation for digital nations and decentralized governance.

AngelSeed

#18Adam Benayoun

Founding Partner

Collider Ventures

Collider says it is "shaping the future of the decentralized internet" through a contrarian, strictly non-consensus approach. The firm is doubling down on crypto and Israel while backing builders in I

Seed

#19Ryan Zurrer

Founder

Dialectic

Dialectic is a crypto-native fund focused on DeFi and infrastructure. Known for deep involvement in protocol governance and early Polkadot ecosystem.

SeedStrategic

#20Michael Anderson

Co-Founder & General Partner

Framework Ventures

DeFi governance and token economics. Active DeFi governance participant.

SeedSeries AToken

#21José Maria Macedo