Pharsalus Capital
14 Wall Street, 20th Floor, New York, NY, 10005, United States
Overview
Invests in companies enabling cryptocurrency access in emerging markets.
Founded
2024
Deals · 12mo
3
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Limited | Sep 2026Participated | $19 MSeed | |
Sovra | Jun 2026Led | $2 MSeed | |
Fun | May 2026Participated | $72 MSeries A | |
Zodia Markets | Jul 2025Led | $18 MSeries A | |
YieldClub | Jun 2025Participated | $3 MSeed | |
Raise | Feb 2025Participated | $63 MOther Equity | |
1Money | Jan 2025Participated | $20 MSeed | |
Limited | Sep 2026Participated | $19 MSeed | |
Sovra | Jun 2026Led | $2 MSeed | |
Fun | May 2026Participated | $72 MSeries A | |
Zodia Markets | Jul 2025Led | $18 MSeries A | |
YieldClub | Jun 2025Participated | $3 MSeed | |
Raise | Feb 2025Participated | $63 MOther Equity | |
1Money | Jan 2025Participated | $20 MSeed |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 1 | 3 |
| Series A | 1 | 1 |
| Other Equity | 0 | 1 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Jan '25 | 1 |
| Feb '25 | 1 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 1 |
| Jul '25 | 1 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 1 |
| Jun '26 | 1 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 1 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Fintech | 7 |
| Crypto & Blockchain | 5 |
| Marketing & Advertising | 1 |
| Enterprise Software | 1 |
| E-Commerce & Retail | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 2 |
| $5M-$10M | 0 |
| $10M-$25M | 3 |
| $25M-$50M | 0 |
| $50M-$100M | 2 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 5 |
| Bermuda | 1 |
| Europe | 1 |
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.
| Co-investor | Shared deals |
|---|---|
| Anagram | 2 |
| Borderless Capital | 2 |
| The House Fund | 2 |
| 1982 Ventures | 1 |
| A100x Ventures | 1 |
| Amber Group | 1 |
| Ambush Capital | 1 |
| Bankless Ventures | 1 |
| Bing Ventures | 1 |
| BitGo Ventures | 1 |
| BlackPine | 1 |
| Circle Ventures | 1 |
| CMT Digital | 1 |
| CoinFlip | 1 |
| Collab+Currency | 1 |
| Digital Currency Group | 1 |
| Ethereal Ventures | 1 |
| F-Prime Capital | 1 |
| Flex Capital | 1 |
| Galaxy Ventures | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 2 | 29% |
| Participating | 5 | 71% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 2 | 100% |
| Co-led | 0 | 0% |
Team
Co-Founder & Executive Chairman