Plaintext Capital

Plaintext Capital is an investment firm that exclusively backs Web3 companies and protocols. They employ a multi-strategy approach, combining fundamental research and active trading to manage a diversified portfolio of assets. Their investment process emphasizes transparency and simplicity, focusing on a repeatable process while continually seeking improvement.

Founded in 2022 and based in Brooklyn, New York, Plaintext Capital has a small team dedicated to identifying and supporting innovative Web3 ventures. Their commitment to the Web3 space reflects a belief in its potential to drive digital innovation and create significant value for investors in the coming decades.

In January 2023, Plaintext Capital invested $7 million in Sovereign Labs during its seed round, marking their first known investment. This move underscores their focus on early-stage ventures within the blockchain and security sectors, aligning with their strategic emphasis on Web3 technologies and protocols.