BlockTeam Ventures is a crypto advisory and investment fund. We've worked with over 40 blockchain companies that have raised $400 million to-date.
We come from the worlds of entrepreneurship, tech, and finance. One of our partners went through the initial class of Techstars and cofounded a game company that generated millions of dollars selling digital currency. Another partner worked on Wall Street, managing M&A deals into the billions of dollars. Another has served as a hands-on advisor to over 35 ICOs. We're a diverse team with a wealth of experience, a proven track record, and deep access to dealflow.
Blockchain technology will reshape modern society in ways we can’t yet imagine. Because of the rapid growth of the cryptocurrency ecosystem in 2017, crypto hedge funds and VC funds are en vogue. The funds that succeed long-term will possess unfair advantages and unique value propositions. For BlockTeam Ventures, that value comes from our access to premium deals, and the vision we hold around building relationships and communities.
BlockTeam Ventures brings together a unique group of blockchain experts who have collectively seen hundreds of pitches and been deeply rooted in the startup world for over 25 years.
Simon Bogdanowicz | Managing Partner
Simon is the co-founder of BlockTeam Ventures, and a founding member of the Crypto Compliance Consortium. He serves as a core advisor to several blockchain companies, including HybridBlock (cryptocurrency trading platform), RecordGram (music production and rights marketplace), and ShipChain (supply chain management), which have raised over $75 million in aggregate. Previously, Simon served as a business development executive for major enterprise software companies, including Thomson Reuters and Selligent, serving the Fortune 500, including Berkshire Hathaway, Netflix, UnitedHealth Group, FedEx, Viacom, and Raymond James. Simon started his career on Wall Street working in M&A investment banking for the Royal Bank of Canada, the 15th largest bank in the world.
Jesse Tevelow | Managing Partner
Jesse is Managing Partner and co-creator of BlockTeam Ventures, and a founding member of the Crypto Compliance Consortium. He's an advisor to several high-profile blockchain projects, including ShipChain, Hybridblock, and RecordGram, which have collectively raised upwards of $75 million. Jesse is also the cofounder of LaunchTeam, an international marketing agency, and a three-time bestselling author. At age 23, he cofounded a game company that leveraged digital currencies to generate millions of dollars in annual revenues, so he's been learning about the power of digital assets for over a decade. He is an alumni of the first class of Techstars, and holds a B.A. from the University of Michigan.
Chip Welsh | Venture Partner
Chip is deeply connected into the world of institutional capital. He was Head of Investor Relations & Capital Formation at B Capital Group, a $360 million fund led by former Facebook cofounder, Eduardo Saverin. B Capital backs brash entrepreneurs building the next generation of groundbreaking technology companies. Chip has spent nearly a decade raising capital at prestigious investment firms, including First Avenue Partners, Epoch Investment Partners, and SkyBridge Capital. Chip holds a B.A. from the Unversity of Michigan and an M.B.A. from the University of Columbia.
Jared Polites | Venture Partner
Jared is an ICO advisor and blockchain marketing specialist. He has been involved with over 40 blockchain projects to-date that have raised north of $300 million. Some notable projects include OPEN Platform, Elastos, Gameflip, and Patron. Previously, he ran marketing for Ardent Capital, a leading VC firm in Southeast Asia and incubator of aCommerce ($100M raised). Jared's career started at the FBI, where he was an Intelligence Analyst working Securities Fraud in New York. He holds a B.B.A. from UT-Austin and a Master's in Finance from Sciences Po Paris.
We use three main lenses to evaluate opportunities: Team, Traction, and Technology. This holistic approach allows us to make long-term investments, but still capture short-term gains based on the unique structure of Initial Coin Offerings, or Token Sales.
Unlike many firms, we don't typically invite companies to pitch for us. Instead, we use our networks to source deals, and then spend quality time with founders and core team members, asking them specific questions during our time together. All of the information from a traditional pitch is analyzed separately. We're looking for companies that will thrive decades from now. This means we need to understand the technology and the market opportunity, but also the personalities and motivations of the people steering the ship.
As advisors for blockchain projects that have raised over $400 million in aggregate, we are able to offer deep support in structuring token economics, developing advisory boards, performing technology audits, growing communities, and running marketing campaigns. We also have relationships with various funds and incubators, which allows us to co-invest in deals that would otherwise be inaccessible.
We believe the most successful VC firms of the future will be highly visible organizations. We've already seen the success that vocal VC's have had in the past. We have great respect for veterans, like Brad Feld and Fred Wilson, who chose to create blogs and write books to share their perspectives with a broader audience.
In that same vein, we aim to be among the most accessible funds in the blockchain arena. We will achieve this through our online community, simply known as "BlockTeam," and through special events held around the world. You can already see what we're developing for this effort at blockteam.io
We see BlockTeam Ventures as a legacy fund that will help new companies gain ground in the marketplace for the next century and beyond. In order to do this, we will be placing a unique focus on building an elevated brand and community. We will be hosting events worldwide, and creating a unique headquarters that serves as event space, incubation tank, and offices for our portfolio companies, fund managers, and partners.
We will be actively seeking a property in LA to rent so we can host these experiences. This is a long-term vision that we hope to bring into reality with the success of the fund. We'd love to create this vision as partners, with you by our side.
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