# Tony Sheng

> Tony Sheng is a seed investor at Cozy Finance backing FinTech. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: Angel Investor
- Fund: Cozy Finance
- Location: Venice, United States
- Total investments: 8
- Last investment: Sep 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/tonysheng
- X (Twitter): https://twitter.com/tonysheng
- Website: http://www.tonysheng.com/
- Facebook: https://www.facebook.com/tony.sheng

Tony Sheng is a seed investor at Cozy Finance in Venice focused on FinTech and Cryptocurrency. Tony Sheng is the Co-Founder at Cozy Finance.

## Contacts

5 contacts available for Tony Sheng: 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/tony-sheng?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.8M–$3.6M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 3 | 38% |
| Cryptocurrency | 3 | 38% |
| Blockchain | 2 | 25% |
| Web3 | 1 | 13% |
| Consumer | 1 | 13% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 63% |
| Pre-Seed | 1 | 13% |
| Series A | 1 | 13% |
| Funding Round | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 5 | 63% |
| China | 1 | 13% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lore | a social investing economy enabled by web3 | $3M | Seed | Sep 21, 2021 |  |
| Lore | a social investing economy enabled by web3 | $3M | Pre-Seed | Sep 21, 2021 |  |
| RabbitHole | Earn crypto by using the latest crypto applications | $3.6M | Seed | Jun 24, 2021 |  |
| Donut | Donut helps people discover new ways to build wealth, by providing the easiest and most trusted way to save & earn high yield with DeFi. Donut was founded in 2018 and is dual headquartered in Los Angeles and Berlin. | $2M |  | Jun 23, 2021 |  |
| Donut | Donut helps people discover new ways to build wealth, by providing the easiest and most trusted way to save & earn high yield with DeFi. Donut was founded in 2018 and is dual headquartered in Los Angeles and Berlin. | $2M | Seed | Jun 23, 2021 |  |
| Endaoment | Endaoment is a tax-exempt Community Foundation built for the crypto industry and focused on social impact. | $2.5M | Seed | Jun 03, 2021 |  |
| Allora Labs | Allora Labs is a blockchain-based protocol that incentivizes experts to answer subjective questions honestly and captures the value of truth. Its first product aims to provide an efficient price-discovery mechanism for NFTs by paying experts for honest appraisals unlocking new opportunities for experts and enabling a number of powerful new DeFiprimitives. | $7.5M | Series A | May 06, 2021 |  |
| Perpetual Protocol | Perpetual Protocol is a decentralized perpetual contract trading protocol for every asset. | $1.8M | Seed | Aug 25, 2020 |  |

8 of 8 investments shown.

## Co-investors
- [Framework Ventures](https://shizune.co/investors/profile/framework-ventures) — VC Fund, 3 deals together
- [Alameda Research](https://shizune.co/investors/profile/alameda-research) — VC Fund, 2 deals together
- [Chapter One](https://shizune.co/investors/profile/chapter-one-ventures) — VC Fund, 2 deals together
- [CMS Holdings](https://shizune.co/investors/profile/cms-holdings) — VC Fund, 2 deals together
- [Distributed Global](https://shizune.co/investors/profile/distributed-global) — VC Fund, 2 deals together
- [Entrepreneurs First](https://shizune.co/investors/profile/entrepreneur-first) — VC Fund, 2 deals together

## About Cozy Finance

VC Fund · Seattle, United States

permissionless, peer-to-peer protection from smart contract failure

2 contacts available at Cozy Finance.

| Name | Title | Profile |
| --- | --- | --- |
| Payom Dousti | CEO | — |
| Tony Sheng | Co-Founder | https://shizune.co/investors/profile/tony-sheng |

## Similar investors

### Similar industry
- [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 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
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund
- [Qiming Venture Partners](https://shizune.co/investors/profile/qiming-venture-partners) — VC Fund
- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund

## Featured in investor lists
- [Web3 Angel Investors in United States](https://shizune.co/investors/web3-angel-investors-united-states)
- [Payments Angel Investors in United States](https://shizune.co/investors/payments-angel-investors-united-states)
- [Social Network Angel Investors](https://shizune.co/investors/social-network-angel-investors)
- [Internet Angel Investors in China](https://shizune.co/investors/internet-angel-investors-china)
- [SaaS Angel Investors in China](https://shizune.co/investors/saas-angel-investors-china)
- [Enterprise Angel Investors in China](https://shizune.co/investors/enterprise-angel-investors-china)

## FAQ

### What does Tony Sheng invest in?

Tony Sheng invests primarily in FinTech, Cryptocurrency and Blockchain startups, most often at Seed and Pre-Seed stage. Most of the 8 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 Tony Sheng's check size?

Tony Sheng typically joins rounds of $1.8M–$3.6M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Tony Sheng participates in.

### How do I contact Tony Sheng?

Public channels for Tony Sheng 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 Tony Sheng last invest?

The most recent investment recorded for Tony Sheng closed in Sep 2021. Shizune tracks 8 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