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The Venture Codex

Distributed Global

10401 Venice Blvd 727, Los Angeles, California, 90034, United States

Overview

Investment firm focused on blockchain and digital assets.

Founded

2017

Deals · 12mo

2

Links

Website

Stage focus

Seed
Series A

Geographic focus

Canada
Switzerland
United States

Sector focus

Blockchain
Cryptocurrency
Finance

Investment portfolio

43rounds
NAMEDATESIZE
Superstate
Jan 2026Led
$83 MSeries B
Fogo
Dec 2025Led
$14 MOther Equity
Nous Research
Apr 2025Participated
$65 MOther Equity
Axelar Network
Mar 2025Participated
$30 MOther Equity
Huma
Sep 2024Led
$38 MOther Equity
Tools For Humanity
May 2024Participated
$115 MSeries C
Parallel
Mar 2024Participated
$35 MOther Equity
Figure Markets
Mar 2024Participated
$60 MSeries A
Navigate
Feb 2024Participated
$8 MOther Equity
Squid
Feb 2024Participated
$4 MOther Equity
Polymer Labs
Jan 2024Led
$23 MSeries A
Superstate
Nov 2023Led
$14 MSeries A
Superstate
Jan 2026Led
$83 MSeries B
Fogo
Dec 2025Led
$14 MOther Equity
Nous Research
Apr 2025Participated
$65 MOther Equity
Axelar Network
Mar 2025Participated
$30 MOther Equity
Huma
Sep 2024Led
$38 MOther Equity
Tools For Humanity
May 2024Participated
$115 MSeries C
Parallel
Mar 2024Participated
$35 MOther Equity
Figure Markets
Mar 2024Participated
$60 MSeries A
Navigate
Feb 2024Participated
$8 MOther Equity
Squid
Feb 2024Participated
$4 MOther Equity
Polymer Labs
Jan 2024Led
$23 MSeries A
Superstate
Nov 2023Led
$14 MSeries A
43
Items
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Insights

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Deal Distribution

Distributed Global: 43 funding rounds are recorded in the selected participation categories.All available history.
Distributed Global: 43 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed56
Series A29
Series B11
Series C+02
Other Equity413

Monthly Deal Activity

Distributed Global: 43 deals are recorded across 101 months.All available history.
Distributed Global: 43 deals are recorded across 101 months. All available history
MonthDeals
Jun '181
Jul '180
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '191
Aug '190
Sep '192
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '211
May '212
Jun '211
Jul '210
Aug '210
Sep '211
Oct '210
Nov '211
Dec '212
Jan '220
Feb '222
Mar '221
Apr '221
May '221
Jun '220
Jul '220
Aug '222
Sep '222
Oct '220
Nov '220
Dec '222
Jan '232
Feb '231
Mar '230
Apr '231
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '241
Feb '242
Mar '242
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Distributed Global: Crypto & Blockchain is the largest displayed sector by deal count (37 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Distributed Global: Crypto & Blockchain is the largest displayed sector by deal count (37 deals). All available history
SectorDeals
Crypto & Blockchain37
Fintech13
Enterprise Software8
Networks, Cloud & Communication7
Cybersecurity & Privacy5
Developer Tools5
Data, Analytics & IT4
Hardware & Robotics4
AI & Machine Learning3
AR/VR2
Media & Entertainment2
Professional Services2
Gaming & eSports2
Government & Defense1
E-Commerce & Retail1
Consumer & Lifestyle1
Social & Community Platforms1

Deal Size Distribution

Distributed Global: 43 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Distributed Global: 43 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M8
$10M-$25M16
$25M-$50M6
$50M-$100M4
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Distributed Global: United States has the largest recorded deal count among the displayed regions (26 deals).All available history.

Top 8 of 8 regions; European countries are grouped as Europe.

Distributed Global: United States has the largest recorded deal count among the displayed regions (26 deals). All available history
RegionDeals
United States26
Europe7
Canada4
Singapore2
941291
British Virgin Islands1
South Africa1
Israel1
Distributed Global: 20 co-investors are shown, with Coinbase Ventures sharing 11 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Distributed Global: 20 co-investors are shown, with Coinbase Ventures sharing 11 recorded deals. All available history
Co-investorShared deals
Coinbase Ventures11
Blockchain Capital8
North Island Ventures7
Digital Currency Group6
Chapter One5
CMT Digital5
CoinFund5
Alameda Research4
Andreessen Horowitz4
Bain Capital Crypto4
Blockchange Ventures4
Framework Ventures4
Road Capital4
Slow Ventures4
Arweave3
BlockTower Capital3
Folius Ventures3
Galaxy Digital3
HashKey Capital3
Maven 113

Investment Strategy

Distributed Global: Led accounts for 28% and participating for 72% of round participation.All available history.
Distributed Global: Led accounts for 28% and participating for 72% of round participation. All available history
CategoryDeals (count)Share (%)
Led1228%
Participating3172%
Distributed Global: Single-lead accounts for 33% and co-led for 67% of lead dynamics.All available history.
Distributed Global: Single-lead accounts for 33% and co-led for 67% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead433%
Co-led867%

Team

Hervé Bizira

CTO

Richard Shi

CFO