vcvibes

Dragonfly Digital Management, LLC

SEC-registered investment adviser.

HQ
CA

Dragonfly is a global investment firm that backs researchers and builders reinventing money and markets. Its team includes Managing Partners Haseeb Qureshi and Bo Feng, General Partners Rob Hadick and Tom Schmidt, Partner Gengmo Qi, and Junior Partners Elton Chang and Alec Zhang.

01 · Says / Does

TagSaysDoes
StagesSeed, Series A, Series BNot enough dated deals
SectorsCrypto and Web3Not enough dated deals
RegionsGlobalNot enough dated deals

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

02 · Fund history

FundYearSizeStatus
DF Holdco L.P.
2026$120M (Form D)Open, writing first checks
Dragonfly Ventures IV, L.P.
2024$431.7M to $650M (Form D)Raising
Dragonfly Ventures III, L.P.
2022$650M to $743.49M (Form D and SEC adviser filing)Late investment period
Dragonfly Ventures II, L.P.approx. 2020$200M to $641.1M (Form D and SEC adviser filing)Follow-ons only

03 · People across funds

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

  1. https://dragonfly.com
  2. https://dragonfly.com/contact
  3. https://dragonfly.com/

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026