# Road Capital

> Road Capital is a VC fund in New York backing Blockchain, Cryptocurrency and Financial Services. See 37 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: New York, United States
- Total investments: 37
- Last investment: Jul 2026
- Lead investor: 16%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/road-capital-management/
- X (Twitter): https://twitter.com/RoadCapMgmt
- Website: https://roadcapitalmgmt.com

Road Capital is an investment firm.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $3.5M–$15M |
| Series A | $6M–$60M |
| Series B | $40M–$180M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 9 | 24% |
| Cryptocurrency | 8 | 22% |
| Financial Services | 7 | 19% |
| Software | 6 | 16% |
| Artificial Intelligence | 6 | 16% |

49 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 21 | 57% |
| Series A | 8 | 22% |
| Series B | 3 | 8% |
| Venture - Series Unknown | 2 | 5% |
| Series D | 1 | 3% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 15 | 41% |
| Canada | 2 | 5% |
| Germany | 2 | 5% |
| United Kingdom | 2 | 5% |
| China | 1 | 3% |

9 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Augustus | Augustus builds an AI-native, stablecoin-based clearing and banking platform for financial institutions. The company focuses on enabling digital asset and stablecoin-based clearing to support payments and banking workflows. Its platform is designed for banks, fintechs, and other regulated financial institutions that require infrastructure fordigital asset transactions. Augustus integrates artificial intelligence into its systems to support automated processes and decisioning around payments and clearing. The company positions its offerings as core banking and payments infrastructure centered on digital assets rather than traditional legacy systems. | $180M | Series B | Jul 21, 2026 |  |
| Trufin | TruFin offers software and niche lending solutions, specializing in liquid staking and Web3 financial tools. |  | Venture - Series Unknown | Feb 25, 2026 |  |
| Superstate | Superstate is developing the next generation of legal, blockchain-based financial solutions. | $82.5M | Series B | Jan 22, 2026 |  |
| Cork Protocol | Cork provides a decentralized finance (DeFi) technology that enables collateralized swaps against any pegged asset. | $5.5M | Seed | Jan 21, 2026 |  |
| CipherOwl Inc | CipherOwl is a next-generation, AI-powered onchain intelligence platform revolutionizing regulatory compliance and risk analysis for institutional use cases. Leveraging advanced machine learning and data-driven algorithms, CipherOwl automates transaction monitoring and predictive risk assessment, enhancing compliance effectiveness and operationalefficiency. Backed by prominent U.S. institutional investors—including General Catalyst, Coinbase Ventures, Road Capital, OKX Ventures, and Sancus—the CipherOwl team consists of experts who built Coinbase’s onchain data infrastructure and compliance platform, with experience from top technology and blockchain companies such as Coinbase, Amazon, Microsoft, Twitter, and Chainalysis. This positions CipherOwl uniquely to drive innovation in digital asset compliance. | $15M | Seed | Oct 09, 2025 |  |
| CrunchDAO | CrunchDAO is an elite research community that develops alpha-generating insights through distributed ML competitions. The DAO consists of over 10,000 data scientists, quants and machine learning (ML) engineers, including 1200 PhDs. DAO members can monetize their talents and expertise by competing in corporate Crunches. In return for building modelsthat produce profitable insights, members can participate in profit sharing in the form of cash and CRUNCH tokens, which give them status, higher earning potential, and access to more lucrative Crunches. | $5M | Seed | 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 |  |
| Alluvial Finance | Alluvial Finance is a software development company that provides robust solutions. | $4.3M | Venture - Series Unknown | Nov 12, 2024 |  |
| Solayer | Solayer is a shared validator network that protects other Solana-enabled systems. | $12M | Seed | Aug 27, 2024 |  |
| 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. | $35M | Series A | Jun 05, 2024 |  |

10 of 37 investments shown.

## Co-investors
- [Pantera Capital](https://shizune.co/investors/profile/pantera-capital) — VC Fund, 7 deals together
- [ParaFi Capital](https://shizune.co/investors/profile/parafi-capital) — VC Fund, 5 deals together
- [Bain Capital Crypto](https://shizune.co/investors/profile/bain-capital-crypto) — VC Fund, 4 deals together
- [Distributed Global](https://shizune.co/investors/profile/distributed-global) — VC Fund, 4 deals together
- [Foundation Capital](https://shizune.co/investors/profile/foundation-capital) — VC Fund, 4 deals together
- [Hack VC](https://shizune.co/investors/profile/hack-vc) — VC Fund, 4 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund

## Featured in investor lists
- [Infrastructure Investors in Germany](https://shizune.co/investors/infrastructure-investors-germany)
- [Infrastructure Investors in Europe](https://shizune.co/investors/infrastructure-investors-europe)

## FAQ

### What does Road Capital invest in?

Road Capital invests primarily in Blockchain, Cryptocurrency and Financial Services startups, most often at Seed and Series A stage. Most of the 37 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 Road Capital's check size?

Road Capital typically joins rounds of $3.5M–$15M at Seed, $6M–$60M at Series A and $40M–$180M 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 Road Capital participates in.

### When did Road Capital last invest?

The most recent investment recorded for Road Capital closed in Jul 2026. Shizune tracks 37 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co