# Lily Liu

> Lily Liu is a seed investor at Operation Masks backing Software and Blockchain. See 7 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: Angel Investor
- Fund: Operation Masks
- Location: San Francisco, United States
- Total investments: 7
- Last investment: Nov 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/calilyliu
- X (Twitter): https://twitter.com/calilyliu
- Website: https://x.com/calilyliu

Lily Liu is a seed investor at Operation Masks in San Francisco focused on Software and Blockchain. Lily Liu is the co-founder and CFO at Earn.com. He is a former partner at Multi family office and CFO at Chinaco Healthcare Corporation. Lily holds a bachelor's degree in Economics from Stanford University.

## Contacts

5 contacts available for Lily Liu: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/lily-liu-0251?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $7.5M–$18M |
| Series A | $4M–$7.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 43% |
| Blockchain | 3 | 43% |
| Cryptocurrency | 3 | 43% |
| Information Services | 2 | 29% |
| Information Technology | 2 | 29% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 29% |
| Angel | 2 | 29% |
| Series A | 2 | 29% |
| Pre-Seed | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 57% |
| France | 1 | 14% |
| Switzerland | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Fragmetric | Fragmetric is a native liquid restaking mechanism for Solana that improve the Solana ecosystem's security and economic potential. |  | Angel | Nov 04, 2024 |  |
| PIN AI | PIN AI democratizes personal on-device intelligence for everyone; transform your digital footprints into your Personal Executive Assistant. | $10M | Pre-Seed | Sep 09, 2024 |  |
| SOON | SOON is building the highest throughput stack that allows for any SVM L2 to be deployed on any L1. |  | Angel | Aug 27, 2024 |  |
| Morpho Labs | Morpho is an on-chain peer-to-peer layer on top of lending pools. Rates are seamlessly improved for borrowers and lenders while preserving the same guarantees. Morpho combines the efficiency of P2P with the liquidity of lending pools. Users enjoy an improved APY while maintaining the pool’s flexibility | $18M | Seed | Jul 12, 2022 |  |
| Nested | Nested is a social trading platform that enables users to create and invest in “financial NFTs". | $7.5M | Series A | Mar 02, 2022 |  |
| Spruce | Spruce is building a future where users control their identity and data across all digital interactions. | $7.5M | Seed | Nov 02, 2021 |  |
| MyCrypto | MyCrypto is an open-source, client-side tool for generating ether wallets, handling ERC-20 tokens, and interacting with the blockchain more easily. The company is founded on 2017 and is based in Redondo Beach, California. | $4M | Series A | Aug 30, 2018 |  |

7 of 7 investments shown.

## Co-investors
- [a16z crypto](https://shizune.co/investors/profile/a16z-crypto) — VC Fund, 2 deals together
- [CMT Digital](https://shizune.co/investors/profile/cmt-digital-ventures-llc) — VC Fund, 2 deals together
- [Alameda Research](https://shizune.co/investors/profile/alameda-research) — VC Fund, 1 deal together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 1 deal together
- [AngelDAO](https://shizune.co/investors/profile/angeldao) — VC Fund, 1 deal together
- [Atka Capital](https://shizune.co/investors/profile/atka-capital) — VC Fund, 1 deal together

## About Operation Masks

VC Fund

Operation Masks is a non-profit organization management company.

3 contacts available at Operation Masks.

| Name | Title | Profile |
| --- | --- | --- |
| Jake Medwell | Co-Founder | — |
| Lily Liu | Co-Founder | https://shizune.co/investors/profile/lily-liu-0251 |
| Robin Chan | Co-Founder | https://shizune.co/investors/profile/robin-chan |

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## FAQ

### What does Lily Liu invest in?

Lily Liu invests primarily in Software, Blockchain and Cryptocurrency startups, most often at Seed and Angel stage. Most of the 7 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 Lily Liu's check size?

Lily Liu typically joins rounds of $7.5M–$18M at Seed and $4M–$7.5M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Lily Liu participates in.

### How do I contact Lily Liu?

Public channels for Lily Liu 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.

### When did Lily Liu last invest?

The most recent investment recorded for Lily Liu closed in Nov 2024. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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