Trammell Venture Partners
221 West 6th Street, Austin, TX, 78701, United States
Overview
Trammell Venture Partners (TVP) is an Austin-based venture capital firm that invests in early-stage Bitcoin and Lightning Network startups.
- Total investments
- 12
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 4
Sector focus
- Artificial Intelligence (AI)
- Bitcoin
- Cryptocurrency
- Cyber Security
- Machine Learning
- SaaS
Investment portfolio
- Vida
Led · Series A · Nov 2025
Vida builds a cloud platform that lets enterprises create, deploy and manage lifelike, low-latency AI voice agents capable of handling customer service, lead qualification, scheduling, sales and other complex tasks. Used by tens of thousands of businesses in construction, healthcare, automotive, telecommunications and managed services, the company’s agents have completed more than 100 million customer interactions to date. An internal study of 10,000 calls shows Vida resolves inquiries about 80 % faster than the six-minute industry benchmark, enabling higher call throughput and shorter wait times. Founded by telecom veterans, the firm partners with SMBs, telecom providers and MSPs to deliver enterprise-grade AI solutions. Fresh capital is earmarked for deepening R&D, broadening vertical reach and scaling go-to-market efforts. Recent senior hires—CMO Jordan Gadapee, CTO Mark Lilien and VP of AI Thomas Quintana—bring additional SaaS and voice AI expertise to guide product expansion. Vida is positioned to redefine intelligent communication while driving efficiency and revenue growth for its customers.
- Fedi
Participated · Series A · May 2023
Fedi builds a federated operating system that empowers communities—"federations"—to collaborate and take control of their money, data, and digital lives while protecting user privacy and autonomy. Federations include friends, families, neighbours, nonprofit organisations, social clubs, businesses, conferences and other community forms. The company raised $17M in a Series A, bringing total capital raised to date to $21.21M. Fedi intends to use the funds to expand operations and broaden its business reach. Led by CEO Obi Nwosu and based in Austin, TX, the company is set to pre-launch an Alpha version of Fedi for builders later this month. The platform emphasizes privacy-preserving collaboration and aims to give individuals greater autonomy over digital and financial interactions within community contexts.
- Unchained
Participated · Series B · Apr 2023
Unchained offers a collaborative custody platform that leverages bitcoin’s native multisignature capabilities to combine self‑custody benefits with mitigated custodial risk. Its platform secures over $2 billion in bitcoin across thousands of keys and the company has originated more than $500 million in bitcoin‑collateralized loans since 2017 with zero loan losses. Product offerings include a trading desk that allows clients to buy bitcoin directly to cold storage and an IRA product that lets clients hold keys within tax‑advantaged retirement accounts. Unchained emphasizes risk management, regulatory compliance, and client service and positions its model as resilient to rehypothecation risks that affected other firms. The company is known for bitcoin education and thought leadership and plans to expand its client base and product suite to bridge into traditional dollar ecosystems around credit, trading, and investment. Management says it will use the new capital to grow distribution and enhance its core financial services delivered through collaborative custody. Unchained Capital builds a full-suite financial services platform focused on customers who hold long-term wealth in bitcoin and insist on private key ownership. Its core product offering includes a bitcoin-backed multisig lending platform supported by third-party funding partners. The company says the partnership with NYDIG accelerated development of its technology and services and contributed to a five-fold increase in its bitcoin-collateralized lending business over the past six months. In February NYDIG took a minority equity stake and agreed to provide $50M of lending capital to Unchained; NYDIG has since expanded that support. The company was founded in 2016 by Joe Kelly and is based in Austin, TX. Unchained Capital operates a bitcoin-backed multisignature lending platform and custody solution that lets clients retain unilateral control of their bitcoin while accessing financial services. The company develops proprietary services and open-source applications to advance multisig for individuals and businesses. Unchained has reached over $1 billion of bitcoin secured and has originated over $80 million in loans. Proceeds from the new financing will be used to grow its 25-person team, deepen its partnership with NYDIG, and expand lending and trade-execution capabilities. The firm plans to grow its suite of services to include bitcoin lending and bitcoin payments infrastructure. Unchained is based in Austin, Texas and was founded in 2016. Unchained Capital provides USD loans secured by customers' long-term cryptocurrency holdings, allowing borrowers to access fiat without selling assets. The company offers Bitcoin- and Ethereum-collateralized loans with terms up to five years and competitive interest rates. It emphasizes custody security using an open-source smart contract, multi-signature cold storage, and hardware wallets, supported by a $150,000 bug bounty and a security audit by Hosho. Unchained recently expanded its lending capabilities to accept ETH in addition to BTC. The firm positions itself as infrastructure for crypto-wealth management and aims to innovate proprietary financial services and wealth management offerings. Funds from the recent raise will be used to expand the team and develop its product suite.
- Synota
Participated · Seed · Oct 2022
Synota develops a settlement platform that integrates existing energy hardware and software with Bitcoin’s Lightning Network to enable instant settlements and synchronized energy-payments. The platform is designed to remove cash lag and reduce credit risk and collateral needs by aligning payment timing with real-time energy flows. Synota says its solution automates legacy back-office settlement processes, lowers overhead, and reduces the cost of energy. The company plans a pay-as-you-go service for Bitcoin miners, hosts, and their energy suppliers early next year and will make the software available to the broader energy industry in 2024. Synota positions its product to support dynamic pricing and simultaneous multi-party settlement to handle complex energy transactions. The company frames its mission as promoting global energy abundance by resolving financial friction that inhibits energy investment and innovation.
- Galoy
Participated · Equity · Aug 2022
Galoy is an open-source banking platform that builds bitcoin-native banking software and powers El Salvador’s Bitcoin Beach Wallet. Its core product is the GaloyMoney bitcoin banking platform, accompanied by an application programming interface and an enterprise-ready Lightning Network gateway to let organizations access Lightning payments. The company launched Stablesats, a bitcoin-backed synthetic U.S. dollar intended to let users hold and transact a dollar-pegged balance on Lightning without exposure to short-term BTC volatility. Stablesats implements a hedging approach using perpetual inverse swaps and futures (the methodology is published on GitHub) and the company said it uses OKX for the futures trades. Galoy completed a $4 million capital raise to enable further development of GaloyMoney, the API, and its Lightning gateway. The funding is positioned to support ongoing product development and broader adoption of its open-source banking stack. Galoy builds an open-source Bitcoin banking platform that provides a secure backend API, mobile wallets, point-of-sale apps, compliance tools, and administrative controls. The company also offers hosted Banking-as-a-Service for fully managed implementations and publishes its complete codebase on GitHub. Its proof-of-concept Bitcoin Beach Wallet supported creation of a circular Bitcoin economy and is cited as an influence on El Salvador's adoption of Bitcoin as legal tender. Galoy targets communities, governments, and companies that want to offer Bitcoin financial services. Co‑founders Nicolas Burtey (CEO) and Chris Hunter (President) present the product as enabling easy launch of full-service Bitcoin banking and wider adoption via Lightning payments. Financially, Galoy recently closed a $3 million seed round led by Craft Ventures with participation from multiple funds and angels.