The Lao
A member-directed venture capital DAO investing in early-stage blockchain and Ethereum ecosystem projects.
About
The LAO is a pioneering, member-directed venture capital fund structured as a Decentralized Autonomous Organization (DAO). It pools capital from its members to invest in early-stage projects within the cryptocurrency, blockchain, and application software sectors, with a focus on the Ethereum ecosystem, DeFi, NFTs, and Web3 applications. The firm utilizes smart contracts for automated and transparent investment decisions, allowing members to vote on funding opportunities.
Key facts
- Website
- thelao.io
- Type
- VC
- Headquarters
- New York City, United States
- Funds raised
- $650M
- Portfolio companies
- 16
- Stages
- Pre-SeedSeedSeries ASeries B
- Cheque size
- $2M to $65M
- Sector focus
- BlockchainCryptocurrencyApplication SoftwareDeFiNFTs
Recent investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 8 Oct 2025 | Coinflow | Seed | $4M |
| 12 Aug 2025 | Transak | Undisclosed round | $16M |
| 4 Jun 2025 | Shards Protocol | Undisclosed round | $2M |
| 22 May 2024 | Torus | Undisclosed round | $67M |
| 15 Apr 2024 | Torus | Seed | $200M |
| 22 Feb 2024 | Superfluid | Strategic | $5M |
| 22 Feb 2024 | Superfluid Foundation | Strategic | $5M |
| 28 Mar 2023 | Coinflow | Undisclosed round | $2M |
| 18 Jan 2023 | Torus | Undisclosed round | $23M |
| 16 Nov 2022 | Transak | Undisclosed round | $20M |
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Frequently asked
What companies has The Lao invested in?
The Lao has invested in Coinflow, Transak, Shards Protocol, Torus, Superfluid and 11 more.
SEC filings, insider activity, nonprofit links and pay benchmarks for The Lao:

