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Variant

HQ · New York
WebsiteLinkedInCrunchbaseUpdate entry

Variant is an early-stage fund investing in web3.

Stage focus
Pre-Seed / InceptionSeedSeries ASeries B
Lead / follow
Mostly Lead
Check size
$1m–$30m
Ownership target
7–10%
Specialization
Crypto / Web3
Generalist / Specialist

Specialist

Latest fund size

$222M Variant 4

Latest fund vintage

2026

Investing team
  • Alana Levin, Investment PartnerAlana LevinInvestment Partner
  • Caleb Shack, Investment PartnerCaleb ShackInvestment Partner
  • Elijah Fox, Investment PartnerElijah FoxInvestment Partner
  • Jesse Walden, Founder and Managing PartnerJesse WaldenFounder and Managing Partner
How to reach them

info@variant.fund

Notable investments

Uniswap, Phantom, Morpho, World, Aptos, Magic Eden, Zora, Aleo, Aztec Network, Flashbots

Sources
variant.fund ↗variant.fund/team ↗variant.fund/portfolio ↗variant.fund/about ↗variant.fund/articles/variant-4-autonomy ↗variant.fund/articles/introducing-variant-fund-iii ↗

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