Xenith started in late 2018 with a simple idea. The internet is still being built, the founders building it deserve real partners, and most of the firms claiming to be those partners aren't.
We back people, not theses. The work we look at spans Web2, Web3, and the messy ground between. The tooling matters less than the team.
What we do
We lead and co-invest from pre-seed through Series A, writing $250K to $3M. After the round closes we help with hiring, intros, technical review, follow-on rounds, and the unsexy work that actually compounds. We stay in for the full ride.
Why both stacks
The line between Web2 and Web3 is getting thinner every quarter. Stablecoins now move more annual volume than most card networks. AI agents that ship next year will hold wallets. A growing share of the apps people actually use route through onchain rails the user never sees.
None of that is religious. It's just where the work is. We invest where the work is.
What we look for
Three things, roughly weighted:
1. Founder fit. Has the person earned the right to build this? Have they been close enough to the problem long enough that their answer is non-obvious?
2. A wedge. The first thing the company does should make the second thing easier and the tenth thing inevitable.
3. A market worth being early in. Not the loudest one. The one where five years out, what exists couldn't have existed without this team.
If you're building something we should know about, write to contact@xenith.vc. We answer within five business days.