The Venture Codex Logo

The Venture Codex

Draper Venture Network

55 E. 3rd Ave., San Mateo, CA, 94401, United States

Overview

Draper Venture Network is a robust venture collective bringing together experienced investors and innovative entrepreneurs from around the globe to share strategies, source opportunities, and create greater value. Started in 1990, Draper Venture Network has since grown into a self-governed organization of independent venture funds on four continents who cooperate on investment diligence, marketing intelligence, corporate relationships and co-investments. All member funds are independent, raise their own capital and manage their own investment decisions.

Total investments
6
Lead investments
2
Investments · 12mo
0
Active investors
1

Sector focus

  • Finance
  • Marketing
  • Venture Capital
Visit website

Investment portfolio

  • DegenSwap

    Participated · Equity · Nov 2021

    DegenSwap is a single-click cross-chain aggregator umbrella developed by Atom Foundation that aggregates sources across chains to surface the best prices. The initial platform launch supports Binance Coin (BNB) and Ethereum (ETH) and provides one-click interoperability between the two blockchains. The platform advertises 100% reimbursement of gas and fee costs for users. DegenSwap has a native token, DEGEN, currently listed on DynamicSwap and planned for Uniswap, Sushiswap, PancakeSwap, with agreements executed with centralized exchanges like MeXC. The DEGEN token has seen rapid appreciation (article cites a 10X rise since launch and 42X from the private sale; the headline notes a 4,200% surge) and the public sale was still running at the time of the report. The product also supports license-free one-click clones that allow other projects to charge their own fees while leveraging DegenSwap's fee-reimbursement technology.

  • Funderbeam

    Participated · Series A · Jun 2019

    Funderbeam is a Tallinn, Estonia–based platform that provides infrastructure for investor networks, accelerators and venture investors to manage syndicated investments, post-investment flows and cross-border secondary transactions. The company holds investment firm licences in the UK, Estonia (covering the EEA) and Singapore and was designated a Recognised Market Operator by MAS in September 2019, enabling it to offer a fully regulated exchange service worldwide. Led by founder and CEO Kaidi Ruusalepp, Funderbeam’s core product focuses on solving liquidity frictions in angel and venture markets. After the announced transaction with VentureWave, the company will expand to serve institutional clients including VC funds, family offices, brokers and investment banks. The platform combines trading and investment management features to facilitate secondary transactions across borders. No operating metrics were disclosed in the article. Funderbeam operates a secondary marketplace that enables trading of private-company shares to provide liquidity for accelerators, angel investors, and early employees. The platform pairs digital infrastructure with a legal framework and licensing to support global trading. Founded in 2013 by Kaidi Ruusalepp and Urmas Peiker, the company is building out product, compliance, and business departments to scale internationally. At the end of March Funderbeam closed a Tim Draper‑led $4 million financing round to drive platform development. As part of its growth strategy it is bringing institutional partners on board to accelerate deal flow and market reach. A recent partnership with Tallinn‑based B2B accelerator Startup Wise Guys is intended to funnel a large set of early-stage companies onto Funderbeam’s marketplace. Funderbeam operates an information and secondary trading marketplace that provides access and liquidity to growth-stage investments. The platform uses blockchain technology to power its ledger and applies a curated model where founders choose who can invest, supported by due diligence and lead-investor ambassadors. To date it has listed 37 high-growth portfolio companies, onboarded more than 10,000 verified investors across 119 countries, and seen $2.2 million of shares exchange hands on its secondary marketplace. Funderbeam recently launched in Scandinavia and the U.K. and has an office in Singapore as it targets further expansion into Asia and continental Europe. The company says it will use the Series A proceeds to develop a stronger secondary market offering and support growth in key markets starting from Singapore. Co-founder Urmas Peiker will leave to focus on capital markets in developing markets; Kaidi Ruusalepp is identified as the company's founder. Funderbeam is a Tallinn, Estonia–based stock exchange for startups that uses blockchain to tokenize investments. Founded in 2013 by Kaidi Ruusalepp and Urmas Peiker, it lets anyone invest and trade in growth companies worldwide. Each investment is tokenized, with tokens representing an owner’s rights in an investment syndicate, allowing companies to raise rounds privately or publicly while adding only one investor to their cap table. The platform has raised over €5m via its own platform and has secured $7.3M in funding to date from a global network of investors in nearly 100 countries. Notable backers named in reporting include Jaan Tallinn, Tim Draper and Taizo Son. Funderbeam works with early-stage companies worldwide to help them access growth capital and provide immediate liquidity to investors. Funderbeam is building a blockchain-based funding and trading engine aimed at creating a stock-exchange-like market for startups. The platform combines a research tool (launched in 2013) with an investment platform that enables primary funding and nascent secondary trading of private-company stakes. Its trading feature lets shareholders sell stakes either originally funded via the platform or those they have permission to trade, with an emphasis on cross-border liquidity and transparency. Kaidi Ruusalepp, formerly CEO of the Nasdaq Tallinn exchange, leads the company and frames blockchain as a transparency and trust layer for securities trading. To advance the vision, Funderbeam has secured external capital and backing from strategic and notable investors. Financially, the company has just raised $2.6 million in further funding to develop its platform and trading capabilities.

  • ICEYE

    Participated · Series B · May 2018

    ICEYE owns and operates a large synthetic aperture radar (SAR) satellite constellation designed to deliver persistent monitoring and change detection anywhere on Earth. Its customers include organisations in defence and intelligence, environmental monitoring, insurance, and emergency management. The company says its capabilities enable fast decision-making and contribute to safety and sovereign intelligence needs. Founded and headquartered in Finland, ICEYE operates globally with over 1,000 employees across multiple countries, including Poland, Spain, the UK, Australia, Japan, the UAE, Greece, and the US. Financially, ICEYE reported scaling revenue, profitability, and cash generation in 2025 and has secured a €300 million 3-year committed revolving credit facility to support growth and provide liquidity; the article also states the company has previously raised over $760 (amount as reported).

  • Streamloots

    Led · Equity · May 2018

    Streamloots provides a customizable monetization and engagement platform that lets creators sell interactions, set prices, and customize cards their viewers can purchase. The company reports more than 50,000 content creators using the platform and has a team of about 30 people. Creators on average can see a 500% increase in income after implementing Streamloots, according to the CEO. Streamloots is building additional services beyond monetization, including health plans, mental health counseling, and a fund to help streamers take days off. The product currently focuses on English and Spanish users, with the largest customer bases in the U.S., Spain, the U.K., and South America, and the company plans future expansion into markets such as Asia. Funding will be used to drive user growth and to create more product teams to build out the platform. Streamloots operates a marketplace enabling live streamers to monetize their broadcasts by selling interactive 'cards' (grouped in chests) that viewers buy to trigger actions during streams. The company was founded in January 2018 by four founders who previously built an eSports player-investment marketplace and launched between Spain and Silicon Valley. Its platform has shown early traction: more than 1 million interactions have been redeemed and some viewers pay up to €8,000 per month to interact with streamers. Streamloots positions itself to help individual creators earn a living from their content while giving fans closer, real-time engagement. CEO Alberto Martínez Guerrero frames the mission as enabling influencers to live off their content and bring fans closer to their idols. The product focuses on a variety of interaction types, from playing games with creators to on-stream challenges, and monetization is driven directly by audience purchases. Streamloots collects and packages interactions from players across different video games and sells those interaction packages back to the players so they can commercialize them to their audiences. The company began activity in January 2018 in Spain and is headquartered in Cartagena (Murcia). It is present in more than 25 countries, monetizes activity from over 1,500 players and has 100,000 registered users. The team totals 10 employees (8 in Valencia, 1 in the U.S. and 1 in Mexico). Streamloots will use the new funding to double headcount and to expand its game-activity monetization business. The company recently closed a venture capital round of €500,000. Streamloots operates a platform that enables esports players and streamers to monetize fan interactions—from playing a match with a fan to giving Skype lessons or performing live. The company began activity in January in Spain and already reports presence in more than 20 countries. It maintains an office in Valencia and recently opened an office in California. Streamloots is preparing to double its team in the coming months and plans expansion into northern Europe and increased presence across the Americas. Financially, the company has received €200k in convertible instruments and is pursuing further convertible funding to complete a larger round. The sector is internet/software (streamer monetization) and the operation is described as venture capital activity.

  • Ledger

    Participated · Series B · Jan 2018

    Ledger is a Paris-based firm operating in the digital asset space. In the fourth quarter of last year the company completed a $50 million secondary share sale in which an early investor sold their stake. The deal was led by CEO Pascal Gauthier. Gauthier has stated the company has no imminent plans for a public offering. The company declined to disclose its valuation in connection with the transaction.

Team