# Bain Capital Crypto

> Bain Capital Crypto is a VC fund backing Blockchain and Cryptocurrency. See 49 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Boston, United States
- Total investments: 49
- Last investment: Jul 2026
- Lead investor: 59%
- Last fund: Mar 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/baincapcrypto
- X (Twitter): https://twitter.com/BainCapCrypto
- Website: https://baincapitalcrypto.com

Bain Capital Crypto is a VC fund in Boston focused on Blockchain and Cryptocurrency. Bain Capital Crypto backs renegades and pioneers building the next generation of open internet infrastructure. Bain Capital Crypto is a purpose-built investment platform designed for those projects. The company consists of hackers, tinkerers, and builders, powered by a deeply technical, collaborative approach from the earliest stages.

## Contacts

5 contacts available for Bain Capital Crypto. Shizune tracks 2 team members at Bain Capital Crypto. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/bain-capital-crypto?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $3.3M–$15M |
| Series A | $9M–$55M |
| Series B | $30M–$100M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 15 | 31% |
| Cryptocurrency | 14 | 29% |
| Software | 12 | 24% |
| Information Technology | 9 | 18% |
| Financial Services | 8 | 16% |

37 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 16 | 33% |
| Series A | 9 | 18% |
| Series B | 6 | 12% |
| Funding Round | 5 | 10% |
| Venture - Series Unknown | 3 | 6% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 23 | 47% |
| Germany | 2 | 4% |
| Finland | 1 | 2% |
| Singapore | 1 | 2% |
| Liechtenstein | 1 | 2% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alex Evans | Managing Partner | 8 | https://shizune.co/investors/profile/alex-evans |
| Lydia Hylton | Partner | 3 | https://shizune.co/investors/profile/lydia-hylton |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| World Foundation | World Foundation is a memberless, non-profit foundation that stewards the World Network and its proof-of-personhood infrastructure. It focuses on advancing digital equity and decentralized internet trust by supporting privacy-preserving identity, blockchain, and financial protocols. The foundation administers community grant programs, allocatesresources to third-party developers, and manages key intellectual property for the World ecosystem. Through affiliated entities, it helps coordinate deployment of the World Chain blockchain and the distribution mechanics of the WLD token. World Foundation also works with technical contributors such as Tools for Humanity to support biometric verification via the Orb and related services. Over time, it is tasked with guiding protocol governance, token mechanisms, and community processes toward more decentralized, community-led control. | $52.5M |  | Jul 25, 2026 |  |
| Variational | Variational is a decentralized liquidity network for bilateral derivatives that automates the process of trading and clearing end-to-end. | $50M | Series A | May 20, 2026 |  |
| Turnkey | Turnkey is an encryption service provider that offers secure APIs to manage private keys. | $12.5M | Venture - Series Unknown | May 14, 2026 |  |
| Tangled | Tangled is a software platform that provides a decentralized Git collaboration environment built on the AT Protocol to support code hosting and team workflows. It enables developers and contributors to manage code repositories with tools for version control, pull requests, and issue tracking that integrate social collaboration features across afederated network. The platform uses lightweight servers, called knots, to host repositories that users can self-host or access through broader network views while maintaining ownership of code and associated metadata. Tangled supports seamless submission of contributions, review workflows, and interoperability across repositories without relying on centralized authorities, and it continues to evolve with tooling for continuous integration and community-driven development. | $4.5M | Seed | Mar 02, 2026 |  |
| Superstate | Superstate is developing the next generation of legal, blockchain-based financial solutions. | $82.5M | Series B | Jan 22, 2026 |  |
| Meanwhile | Meanwhile is a licensed and regulated life insurance business. | $82M | Series B | Oct 07, 2025 |  |
| M0 | M^0 is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that allows holders of high-quality eligible collateral to participate in the issuance of a fungible cryptodollar. With M^0, any number of institutions around the world can tap on turnkey middlewareto become their own cryptodollar issuer, upgrading their money tech stack to the digital age. | $40M | Series B | Aug 28, 2025 |  |
| Turnkey | Turnkey is an encryption service provider that offers secure APIs to manage private keys. | $30M | Series B | Jun 09, 2025 |  |
| World | Worldcoin is a new global digital currency that will launch by giving a free share to every human on Earth. | $135M |  | May 21, 2025 |  |
| Bluesky | Bluesky is a new social media platform. | $100M | Series B | Apr 01, 2025 |  |

10 of 49 investments shown.

## Co-investors
- [Robot Ventures](https://shizune.co/investors/profile/robot-ventures) — VC Fund, 9 deals together
- [Blockchain Capital](https://shizune.co/investors/profile/crypto-currency-partners) — VC Fund, 6 deals together
- [Galaxy Digital](https://shizune.co/investors/profile/galaxy-digital-lp) — VC Fund, 6 deals together
- [Hack VC](https://shizune.co/investors/profile/hack-vc) — VC Fund, 6 deals together
- [Polychain](https://shizune.co/investors/profile/polychain-capital) — VC Fund, 6 deals together
- [Maven 11 Capital](https://shizune.co/investors/profile/maven-11-capital) — VC Fund, 5 deals together

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## FAQ

### What does Bain Capital Crypto invest in?

Bain Capital Crypto invests primarily in Blockchain, Cryptocurrency and Software startups, most often at Seed and Series A stage. Most of the 49 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bain Capital Crypto's check size?

Bain Capital Crypto typically joins rounds of $3.3M–$15M at Seed, $9M–$55M at Series A and $30M–$100M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bain Capital Crypto participates in.

### How do I contact Bain Capital Crypto?

Public channels for Bain Capital Crypto include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Bain Capital Crypto?

The team at Bain Capital Crypto includes Alex Evans (Managing Partner) and Lydia Hylton (Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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