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Sequoia crypto portfolio: 29 companies, 39 rounds, $30M median

By NAUT Research · · 9 min read

29 Sequoia crypto crypto companies on the Sequoia Capital record at NAUT, 39 rounds from 2017 to 2026. Logos: Kalshi, Tempo, LayerZero, Decentralized Social (prev. Bitclout), Magic Eden, Starknet / Starkware, Phantom, Multichain (prev. Anyswap), Filecoin, Scroll Network, Orchid, Conflux.

NAUT tracks 29 crypto companies in the Sequoia crypto portfolio, from Kalshi, Tempo, LayerZero and Phantom to Filecoin and Starknet / Starkware, across 39 funding rounds recorded under its Sequoia Capital investor row and dated from August 2017 to October 2026. The median round is $30M, and the largest single record is Kalshi's $1B Series G of 29 October 2026, the 1 round in the set that NAUT flags as a Sequoia lead.

Data note. Read on 14 November 2026 from NAUT's own database: every round where NAUT records Sequoia Capital as a backer, 47 backer records in all. 2 sit on an investor-typed row and are out. 1 is a second copy of Sanctum's December 2021 seed, and that seed is held out as well, because a source check found no $5.75M round from that month (Sanctum's own blog lists Sequoia's India arm in an earlier round). 3 more are left out of the crypto count: Whop ($200M Series D) has no description on NAUT, Mecka ($60M Series B) is described as a data layer for AI robotics, and a $30M AI seed sits on a company with no NAUT page. 1 more, a $3M April 2020 seed on Juno, is held out because its source names Sequoia's Surge program, not Sequoia Capital, and describes a neobank. That leaves 39 records at 29 companies.

The 39 records add up to $4.25B on NAUT's record, or $2.85B without Kalshi's 4 undated records, 2 of which carry the same $185M figure and may repeat 1 round. 7 records carry no announcement date, so the window above comes from the 32 dated ones. NAUT keeps Sequoia's former China and India arms under investor rows of their own, which are not counted here. 19 of the 39 records were put to outside reports: 18 confirmed Sequoia's part, 5 of them naming its China arm, and for 1, Sahara AI's seed, no page the check opened named Sequoia. The other 20 records were not checked. Written by NAUT Research.

What is in the Sequoia crypto portfolio on NAUT?

Layer 1, 2 and 3 networks and infrastructure hold 14 of the 29 companies. Each company sits in 1 group, the first sector tag NAUT holds for it, so the groups add up to 29.

Sector Median Companies (records)
L1/2/3 $32.5M 7 (8 records): , , , , , ,
Infrastructure $50M 7 (11 records): , , Multichain, , , ,
DeFi $80M 5 (10 records): , , , ,
Tools $16.5M 2 (2 records): ,
Gaming $4.5M 2 (2 records): ,
No sector tag $4.35M 2 (2 records): ,
SocialFi $200M 1 (1 record): Decentralized Social (prev. Bitclout)
Wallet $150M 1 (1 record):
AI $5.3M 1 (1 record):
Privacy $2.5M 1 (1 record):

As a crypto VC portfolio it leans on a few large rounds: the DeFi median is high because 5 of its 10 records are Kalshi's. 22 of the 29 companies carry a launched token on NAUT, and Kalshi, Tempo, Phantom and DeBank carry neither a token nor a ticker.

Which crypto companies has Sequoia Capital backed?

These are the 29 Sequoia Capital crypto investments on NAUT, ranked by the largest single round NAUT records for each. Every one of these Sequoia portfolio companies opens to its NAUT page, which lists its team and its rounds.

Company Token Top record
No Series G, $1B, 29 Oct 2026 (5 records on NAUT)
No Series A, $500M, no date stored (1 record on NAUT)
DESO Funding round, $200M, 21 Sep 2021 (1 record on NAUT)
No Series C, $150M, no date stored (1 record on NAUT)
ZRO Series A extension, $135M, 30 Mar 2022 (2 records on NAUT)
ME Series B, $130M, 21 Jun 2022 (2 records on NAUT)
STRK Series B, $75M, 24 Mar 2021 (3 records on NAUT)
MULTI Funding round, $60M, 21 Dec 2021 (1 record on NAUT)
FIL Presale, $52M, 4 Aug 2017 (1 record on NAUT)
SCR Series B, $50M, 6 Mar 2023 (1 record on NAUT)
OXT Funding round, $36.1M, 20 Apr 2018 (2 records on NAUT)
CFX Seed, $35M, 4 Dec 2018 (1 record on NAUT)
AERGO Funding round, $30M, 20 Nov 2018 (1 record on NAUT)
CKB Funding round, $28M, 20 Jul 2018 (1 record on NAUT)
No Private A, $25M, no date stored (1 record on NAUT)
TAIKO Funding round, $22M, 8 Jun 2023 (1 record on NAUT)
ERA Series A, $15M, 24 Jul 2024 (2 records on NAUT)
HNS Seed, $10.2M, 2 Aug 2018 (1 record on NAUT)
No (ticker SLOPE) Series A, $8M, 24 Feb 2022 (1 record on NAUT)
SAHARA Seed, $6M, 5 Mar 2024 (1 record on NAUT)
HOOK Seed, $6M, 9 Sep 2022 (1 record on NAUT)
No (ticker INDI) Funding round, $6M, 19 Jan 2022 (1 record on NAUT)
KAITO Seed, $5.3M, 21 Feb 2023 (1 record on NAUT)
EDU Strategic, $5M, 20 Oct 2025 (1 record on NAUT)
No (ticker FBX) Seed, $3.9M, 15 Mar 2022 (1 record on NAUT)
LOKA Seed, $3M, 16 Dec 2021 (1 record on NAUT)
CPOOL Funding round, $3M, 28 Sep 2021 (1 record on NAUT)
ELS Seed, $2.7M, 24 Feb 2022 (1 record on NAUT)
ZKP Seed, $2.5M, 3 Aug 2023 (1 record on NAUT)

Kalshi's other 4 records are undated: Series A $30M, Series C $185M, Series D $185M and a $1B private round. NAUT dates 4 records since 1 January 2024: Sahara AI in March 2024, Caldera in July 2024, Open Campus in October 2025 and Kalshi in October 2026. 26 of the 32 dated records fall in 2018, 2021, 2022 or 2023.

How big is a Sequoia crypto round?

The median of the 39 records is $30M and the mean is $108.9M, pulled up by 10 records of $100M or more, 4 of them Kalshi's.

Round size Records Examples
Under $5M 6 $2.5M, $2.7M, $3.9M
$5M to under $25M 10 $5.3M, $10.2M, $22M
$25M to under $100M 13 $25M, $35M, $50M
$100M and up 10 $130M, $150M, $500M
Largest single record per company, the top 12
  1. Kalshi$1000M
  2. Tempo$500M
  3. Decentralized Social$200M
  4. Phantom$150M
  5. LayerZero$135M
  6. Magic Eden$130M
  7. Starknet / Starkware$75M
  8. Multichain$60M
  9. Filecoin$52M
  10. Scroll Network$50M
  11. Orchid$36.1M
  12. Conflux$35M

The other 17 companies' largest records run from $30M at Aergo down to $2.5M at zkPass.

Which Sequoia crypto rounds did Sequoia lead?

NAUT's lead flag sits on 1 of the 39 records, Kalshi's Series G, and none of the 29 company summaries on NAUT names a lead. The outside reports for the 19 checked records name Sequoia, or its China arm, as a lead or co-lead on 5 of them.

Company Round Sequoia's role
Series G, $1B, Oct 2026 (carries NAUT lead flag) Co-lead with 1 other firm
Series C, $150M Co-lead with 1 other firm (report dated January 2025)
Series C, $50M, Nov 2021 Lead
Series A extension, $135M, Mar 2022 1 of 3 leads named in the headline
$22M, Jun 2023 China arm led the $10M seed inside the total
Series B, $75M, Mar 2021 Earlier investor that joined; another firm led
Series B, $130M, Jun 2022 Earlier investor that joined; 2 other firms co-led
Multichain $60M, Dec 2021 China arm joined; another firm led
Series A, $15M, Jul 2024 Joined; another firm led
Seed, $5.3M, Feb 2023 China arm joined; another firm led
Series A, $500M Joined; 2 other firms led (report dated October 2025)

The other 8 checked records confirm Sequoia took part without a lead for it in the cited report, apart from Sahara AI's seed, where no page the check opened named Sequoia. 1 report on the Open Campus round names Sequoia, and 1 other outlet lists Sequoia's former China arm in its place. The Tempo report rests on people familiar with the deal, and the company did not confirm it.

What the Sequoia crypto portfolio tells a BD team

  • 4 companies carry no token and no ticker on NAUT: Kalshi, Tempo, Phantom and DeBank. Their rounds on this record range from $25M to $1B.
  • 10 records are $100M or more, at 6 companies: Kalshi, Tempo, Decentralized Social, Phantom, LayerZero and Magic Eden.
  • 4 records are dated since 1 January 2024. Most of this record is 2018 to 2023, so check each company's latest round on its page before you pitch.
  • 5 of the 18 confirmed records name Sequoia's China arm, which NAUT keeps as a separate investor row. Name the right fund when you open a warm intro.
How a BD team can work this list
  1. Pick the pre-token namesStart with Kalshi, Tempo, Phantom and DeBank, the 4 with no token or ticker on NAUT.
  2. Sort by size10 records are $100M or more, led by Kalshi's $1B Series G of 29 October 2026.
  3. Open the teamEach company's NAUT page lists its team and its rounds.
  4. Unlock the channelVerified Telegram, email and LinkedIn open on any paid NAUT plan.

What it tells a founder raising from Sequoia

  • Seed records on this list run from $2.5M at zkPass to $35M at Conflux, so a seed with Sequoia on it has no single size.
  • Sequoia or its China arm led or co-led 5 of the 19 checked rounds in the cited reports. In 6 more it joined a round another firm led.
  • Repeat backing shows on 6 companies: Kalshi 5 records, Starknet / Starkware 3, and LayerZero, Magic Eden, Caldera and Orchid 2 each.
How a founder can use this record
  1. Find a peerPick the company closest to yours by sector tag, from 7 L1/2/3 networks to 1 wallet, Phantom.
  2. Read its roundsIts NAUT page shows each round and the other funds on it.
  3. Check the arm5 of the 18 confirmed records name Sequoia's China arm, so confirm which Sequoia fund backed your peer.
  4. Reach the fundThe Sequoia Capital page on NAUT lists the fund's team.

Related reading on NAUT: Coinbase Ventures portfolio: 152 companies tracked on NAUT and a16z crypto portfolio: 55 teams, 80 rounds, $6.99B tracked.

Can you pull this data through the NAUT API?

Yes: GET https://api.naut.so/v1/investors/sequoia-capital with the header Authorization: Bearer $NAUT_KEY returns the fund with its team and its portfolio, each row carrying company, roundType, amountUsd, announceDate and isLead, for 5 credits a call. Apply the filters in the data note to its rows to match the 39 records here, and see the API docs and plans, from Essential at $49 a month. Verified Telegram, email and LinkedIn for these teams unlock on any paid NAUT plan, so start a 7-day trial.

Sequoia crypto portfolio FAQ

Which crypto companies has Sequoia Capital backed?

NAUT tracks 29 crypto companies under its Sequoia Capital investor row as of 14 November 2026, across 39 rounds dated August 2017 to October 2026, with Kalshi, Tempo, Decentralized Social, Phantom, LayerZero and Magic Eden holding the 6 largest rounds. 14 of the 29 are L1/2/3 networks or infrastructure.

How big is a typical Sequoia crypto round?

The median of the 39 rounds NAUT records for Sequoia Capital's crypto companies is $30M, with 6 under $5M and 10 at $100M or more, read on 14 November 2026.

Does Sequoia lead its crypto rounds?

NAUT flags Sequoia Capital as lead on 1 of 39 crypto records, Kalshi's $1B Series G of October 2026. Outside reports for 19 checked records name Sequoia or its China arm as lead or co-lead on 5, including Phantom's $150M Series C and Starknet / Starkware's $50M Series C.

Where can I find the teams behind Sequoia's crypto portfolio and their contact channels?

NAUT lists all 29 companies with a page each, and the Sequoia Capital page or GET https://api.naut.so/v1/investors/sequoia-capital returns the portfolio in 1 call. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial.

Sources

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