Draft Ventures
A pre-seed and seed venture fund and venture studio backing internet technology companies.
Who is building this.
Artia MoghbelCo-founder, Draft Ventures and Code & StateI build and invest at Draft Ventures, a venture fund and studio for pre-seed and seed companies, and I co-founded Code & State. I previously operated at DFINITY and co-founded Overnight, and Draft Ventures has backed companies including Notion, DFINITY, FabFitFun, Thrive Market, and Cosmos.
David RodriguezCo-founder & Managing PartnerI co-founded and manage Draft Ventures, a venture fund and studio investing in, incubating, and advising pre-seed and seed companies. Through Draft, I back 80+ early-stage companies, with investments including Notion, DFINITY, FabFitFun, Protocol Labs, Thrive Market, Side, Wintermute, and Cosmos. Previously, I was COO at Side and Livefyre and an investor at Greycroft.
- Productivity SoftwareNotionAll-in-one workspace for notes, docs, projects, and collaboration.
- Blockchain InfrastructureDFINITY FoundationDeveloper of the Internet Computer decentralized cloud and blockchain network.
- Consumer CommerceFabFitFunLifestyle membership and subscription commerce company.
- Web3 InfrastructureProtocol LabsResearch and development company behind decentralized storage and web protocols including IPFS and Filecoin.
- Consumer MarketplaceThrive MarketMembership-based online marketplace for natural and organic groceries and wellness products.
- Blockchain InfrastructureCosmosNetwork and ecosystem for building interoperable blockchain applications.
- Real Estate TechnologySideReal estate brokerage platform that helps agents and teams operate independent brands.
- Crypto TradingWintermuteAlgorithmic trading and liquidity provider for digital assets.
- Digital Asset InfrastructureBitGoDigital asset custody, wallet, and infrastructure provider.
- Health TechnologyFunction HealthHealth data platform offering lab testing and longitudinal health insights.
- Blockchain InfrastructureChainBlockchain infrastructure company building ledger systems for financial services.
- Blockchain InfrastructureChia NetworkLayer 1 blockchain using a proof-of-space-and-time consensus mechanism.
- FintechEcoConsumer finance app reimagining checking, savings, and card products.
- Business FinanceFlexFinance superapp for businesses.
- DeFiGoldfinch FinanceDecentralized credit protocol for real-world lending.
- Blockchain ProtocolTariDigital asset protocol for building and managing decentralized assets.
- Retail SaaSZiplineRetail communications and store execution platform.
- Community SoftwareAgoraCompany building software essentials for internet communities.
- Creator MarketingAspireIQMarketplace and platform for influencer and content creation at scale.
- AI Data PlatformAvalaMobile marketplace for data annotation and NLP tasks at scale.
- Consumer ProductsBite Toothpaste BitsPlastic-free personal care brand known for toothpaste tablets and sustainable oral care products.
- Creative SoftwareButterMotion graphics and video tool for modern brands.
- Web3 CommunityCabin DAODecentralized city and community network built by creators.
- Venture StudioCode & StateWeb3 venture studio focused on the Internet Computer ecosystem.
Cumulative raised across 7 rounds, totaling $4.78M.
Fundraising history.
Opportunities Fund I - CY Fund I — $618K
Mar 2022Form D-reported pooled investment fund interest offering for CY Fund I, a series of Draft Ventures Opportunities, LP.
Source ↗Fund II - B3 — $957K
Apr 2022Form D-reported pooled investment fund interest offering for Draft Ventures II, LP - B3.
Source ↗Fund II - D1 — $178K
Nov 2023New Form D notice for Draft Ventures II, LP - D1 reported $177,500 sold to 11 investors.
Source ↗Fund II - D1 — $519K
Jan 2024New Form D notice for Draft Ventures II, LP - D1 reported $518,620 sold to 24 investors.
Source ↗Fund II - D2 — $178K
Jan 2024Form D-reported pooled investment fund interest offering for Draft Ventures II, LP - D2.
Source ↗Opportunities III - Function Health Growth — $2.08M
Jun 2025Form D notice for Function Health Growth, a series of Draft Ventures Opportunities III, LP, reported $2.075 million sold to 7 investors.
Source ↗Opportunities III - SU-0226 Fund I — $260K
Mar 2026Form D-reported pooled investment fund interest offering for SU-0226 Fund I, a series of Draft Ventures Opportunities III, LP.
Source ↗
A pre-seed and seed venture fund and venture studio backing internet technology companies.
Draft Ventures backs early internet technology companies and operates as both a venture fund and venture studio. Its public materials list seed investments in companies including Notion, DFINITY, FabFitFun, Protocol Labs, Thrive Market, Cosmos, Side, Wintermute, Chain, Zipline, Sawyer, Comm, and Code & State.
Press
Draft VenturesDraft VenturesA venture fund & venture studio by Artia Moghbel & David Rodriguez. Investing in, incubating, and advising pre-seed & seed stage companies.
angellistInvest with Draft Ventures 's SyndicateAngelList is a platform for startups
crunchbase.comDraft Ventures - Crunchbase Company Profile & FundingSearch result supports legal name, founding by Artia Moghbel and David Rodriguez, 2015 founding year, San Francisco headquarters, and early-stage investment focus.
reports.adviserinfo.sec.govDraft Ventures LLC Form ADV, CRD 305005Supports Draft Ventures LLC as the advisory business name and CRD 305005 regulatory filing context.
sec.govDraft Ventures II, LP - D1 Form D filingReviewed as a related pooled investment fund interest filing; not treated as company equity fundraising for Draft Ventures LLC.