Portal Ventures

Venture capital firm that leads first cheques into pre-seed blockchain companies. It closed a USD 75 million second fund in November 2024 and led Vest's USD 13 million seed round in 2026.

Industry: Venture capital (pre-seed, blockchain) | Location: New York, United States | Founded: 2022

About Portal Ventures

Portal Ventures is a venture capital firm that leads first cheques into pre-seed blockchain businesses, before they reach product-market fit. According to its website, it also acts as a thought partner to founders on business model design, go-to-market strategy and fundraising. Cointelegraph reported in November 2024 that the firm is based in New York City.

Fortune reported in November 2024 that Evan Fisher founded the firm in 2022. Fisher is founder and managing partner; his biography on the website says he was previously an investor at Insight Partners and an investment banker at Goldman Sachs. Catrina Wang is general partner and previously worked at Protocol Labs, Apple and Deloitte Consulting, where she was a founding member of the consulting group's blockchain programme in 2017. Evan Solomon is chief of staff.

Fortune said the firm's first fund, of about USD 40 million, closed in early 2022 and had been fully deployed by May 2024. On 14 November 2024 Fortune and The Block reported a second fund of USD 75 million for pre-seed crypto startups; Fisher told Fortune that demand had reached about USD 90 million. The Block, citing SEC filings, said the two funds together total USD 115 million. Fortune named Chris Dixon and Marc Andreessen, who invest through a shared family office, Henry Kravis, and managing directors from Insight Partners among its limited partners, along with the fund of funds Accolade.

The website lists eight select investments in which the firm led the round: Arch Network, Concrete, Exabits, Interval, Plume, Quip, Uranium Digital and Vest. In March 2026 the firm co-led the USD 7.5 million seed round of Utexo, a UAE-based startup building USDT settlement on the Bitcoin network, alongside Big Brain Holdings.

In October 2026 Fortune reported that Portal Ventures led a USD 13 million seed round in Vest, a trading platform, which closed in July 2026 and included individual backers drawn from Citadel Securities, BlackRock and KKR. Fisher and Wang continue to publish essays on the firm's website, the latest listed being dated April 2026.

Leadership

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