Veris Ventures Research
Investment Thesis
Veris Ventures describes itself as an early-stage venture capital firm investing in blockchain-based financial infrastructure and applications. Its stated belief is that the world's financial foundations will run on distributed ledger technology, on an open, interoperable and composable network that drives a more efficient global economy. The firm says it backs companies building the infrastructure and applications that bridge real business and blockchain technology. The homepage headline is "Open Networks. Global Efficiency."
The firm is thesis driven and narrow. It is not a generalist crypto fund. Its portfolio sits almost entirely in two buckets that the website labels directly: DeFi (lending, credit, tokenized assets, derivatives, staking markets) and Infrastructure (interoperability, scaling, identity, wallets, payments APIs, privacy compute, trading infrastructure).
Stage Focus
Early stage. The firm's own copy says early-stage, and third-party profiles show seed-stage rounds as its typical entry point (for example the August 2025 Credit Coop seed and the Pye seed). The website does not publish a formal stage grid, so stage preferences are inferred from announced rounds rather than stated by the firm.
Check Size
Not published. No source reviewed gives a check size range, so check size fields are left empty rather than guessed. Third-party databases list roughly 10 to 13 tracked investments, which is consistent with small early positions in many protocols rather than large concentrated bets.
Lead Tendency
Unknown. In the rounds found, Veris appears as a participant alongside other lead investors. In Credit Coop's $4.5M seed, the round was led by Maven 11 and Lightspeed Faction, with Veris Ventures, Coinbase Ventures, Signature Ventures, TRGC and dlab participating. In Entravel's $7.5M round, Veris Ventures is listed among participants behind Finality Capital and Ethereal Ventures. This points to a follower or co-investor pattern, but the evidence is thin.
Value Add
The website lists four forms of support under "Building Together":
- Internal Lending Desk: initial capital to protocols, solving cold start problems and bootstrapping network effects.
- Financial Systems Expertise: decades of experience across complex financial products in traditional and decentralized markets.
- Treasury Management: guidance on treasury operations, forex hedging and risk management.
- Advisory Network: a curated network of experts dedicated to promoting mainstream blockchain adoption.
The lending desk is the unusual piece. It suggests Veris can deploy its own capital into protocols as a lender or liquidity provider, not only as an equity or token investor. Third-party profiles say the venture strategy backs companies and protocols through both equity and token investments.
Recent Activity
- August 2025: participated in Credit Coop's $4.5M seed round (led by Maven 11 and Lightspeed Faction).
- 2025: backed Pye (Solana staking and yield marketplace) from the start; the round was a $5M seed led by Variant and Coinbase.
- 2026: named as a participant in Entravel Group's $7.5M round (crypto-platform hotel booking).
- November 2026 (approximate, one week before this research): participated in Lombard Systems' $4M pre-seed and seed, led by Ethereal Ventures, for Delivery-versus-Lock collateral infrastructure for tokenized assets.
The firm appears to be actively investing. No new fund announcement was found.
Portfolio Highlights
The portfolio page lists 18 companies. DeFi: Maple, Morpho, Credit Coop, Backed Finance, Concrete, d8x, Synonym Finance, Pye. Infrastructure: Humanity Protocol, Catalyst, Shardeum, Superfluid, Ethos, DAPI, Mind Network, Pingpong, LO:TECH, PCP. Morpho and Maple are the best known names, both large on-chain lending platforms. Lombard Systems and Entravel were found in the firm's LinkedIn activity but are not yet on its portfolio page.
Team
The website has no team or about page (both return 404). The team below comes from LinkedIn and third-party profiles and should be verified.
- Mark Vere: co-founder since July 2022, listed as General Partner on investor databases. Based in Geneva. Background in commodity trading and portfolio management of DeFi and digital asset strategies.
- Dmitriy Klimov: Fund Manager, DeFi. Based in the United Kingdom. Previously at kpk. Holds a Master's in Banking and Finance from the University of Vienna.
LinkedIn shows about 6 employees and lists the company size as 2 to 10.
Decision Process and Founder Preferences
Not published. A small team suggests a partnership or small-group decision, but no source confirms it. The firm favors protocol teams that solve a real financial problem for institutions or businesses, and that can use Veris capital to get past a cold start.
Geographic Focus
The firm is headquartered in Luxembourg, with a partner in Geneva and another in the UK. Portfolio companies are global and mostly protocol teams with no single home market. No geographic restriction is stated.
Naming Note
The firm has since rebranded or expanded as Veris Digital, a digital asset investment firm (LinkedIn page, Luxembourg). Do not confuse it with other firms named Veris, including Veris Wealth Partners, Veris Investments (food value chain in Africa) and Veris AI. Third-party databases list a founding year of 2022, although one lists 2021.