CONSENSUS Consensus Capital Logo CAPITAL

Investments

Consensus Capital Holdings invests in transformative blockchain and Web3 projects at the earliest stages of development. Our approach combines deep sector knowledge, strategic partnerships, and long-term support to help founders scale globally. We focus on protocols, infrastructure, and decentralized ecosystems with real utility and scalable models.

30+
Portfolio companies
~$220M
Capital deployed
2017–2021
Investment period
$250K–$2M
Typical check

Key Investments

Projects in which our fund has invested. (incomplete list)

Company Stage Amount Date Website
MONAT
Strategic Round $215K May 2025 Website
Casper (CSPR)
Validator Sale $14M Sep 2024 Website
Razor Network
Seed Round $250K Sep 2023 Website
Horizon Blockchain Games
Funding Round $5M Mar 2021 Website
Deeper Network (DPR)
Seed Round $3M Sep 2020 Website
TROY
Private Sale $8.4M Aug 2020 Website
Casper (CSPR)
Series A $14.5M Jul 2020 Website
Harmony (ONE)
Seed $18.35M Apr 2019 Website
ForTube (FOR)
Seed Round $900K Mar 2019 Website
IRISnet (IRIS)
Private Round $60M Oct 2018 Website
Merculet (MVP)
Private Round $19.95M Apr 2018 Website
ContentBox (BOX)
Private Round $17.76M Mar 2018 Website
Holo (HOT)
Presale Round $30M Jan 2018 Website
IOST
Private Round $35M Dec 2017 Website
Theta Network (THETA)
Private Sale $20M Sep 2017 Website

Case Study

Casper Network Network · Series A
Contribution: $14.5M Status: Active

Consensus Capital participated in Casper's Series A funding round, contributing $14.5M and supporting ecosystem growth through advisory, tokenomics guidance, and validator participation. Following launch, Casper reached a market cap exceeding $1B and formed partnerships with enterprise blockchain clients.

Portfolio Highlights

Harmony (ONE)
Investment$18.35M Seed Round FocusCross-chain bridges and sharding technology OutcomeReached $1.5B market cap at peak, pioneered effective sharding implementation
IOST
Investment$35M Private Round FocusHigh-performance blockchain infrastructure OutcomeOne of our best performers with ~10.7× ROI, strong ecosystem in Asia
Theta Network
Investment$20M Private Sale FocusDecentralized video streaming OutcomePartnerships with Samsung, Google, and major media companies
Horizon Blockchain Games
Investment$5M Funding Round FocusWeb3 gaming infrastructure and Sequence wallet OutcomePowers major Web3 games including Skyweaver

Approach

Key Focus Areas

  • Layer 1 & Layer 2 protocols
  • Staking and DeFi infrastructure
  • Zero-knowledge technologies (zk-rollups)
  • Developer tools & middleware for Web3
  • Cross-chain interoperability

Investment Criteria

  • Strong and experienced founding team
  • Technical innovation and scalability
  • Clear tokenomics and go-to-market strategy
  • Community-first and decentralization-focused roadmap

Stage & Geography

We primarily invest in Seed and Series A rounds globally, with a particular focus on North America, Europe, and Asia. Our typical check size ranges from $250K to $2M.

Advisory

Beyond capital, Consensus Capital brings deep experience and hands-on involvement with portfolio teams:

  • Product & tokenomics advisory
  • Business development and strategic partnerships
  • Community and user growth strategies
  • Talent referrals and recruiting
  • Regulatory and compliance direction

Investment Process

  1. Initial ScreeningReview pitch deck, team background, and technical documentation
  2. Due DiligenceDeep dive into technology, tokenomics, market analysis, and competitive landscape
  3. Team MeetingMultiple sessions with founders to assess vision, execution capability, and alignment
  4. Investment CommitteeFinal review and decision by our investment committee
  5. Post-InvestmentActive support through advisory, network access, and strategic guidance

Selected Co-Investors

Fund Performance Overview

  • Total Portfolio Companies: 15+ projects
  • Total Capital Deployed: ~$220M across all rounds
  • Investment Period: 2017 - 2021
  • Average ROI: 3.2× (retail-adjusted)
  • Top performing projects: IOST (~10.7×), Theta Network (~3.35×), Casper (~3.4×)
  • Focus Areas: Layer 1 protocols, DeFi, Gaming, Web3 Infrastructure
  • Average holding period: 12–24 months