# Evernew Capital

Evernew Capital is a Venture Capital based in Los Angeles, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** evernewcap.com
- **LinkedIn:** https://www.linkedin.com/company/evernew-capital

## Regulatory record

- **Reports private funds:** No

## About

Evernew Capital is a subsidiary of Perseverance Capital, a private equity fund focused on medical and financial technology. It invests in blockchain-related entities. Evernew Capital has made 14 investments to date.

## Sectors

- Web3/Crypto
- DeFi
- Infrastructure
- AI/ML
- Enterprise Software

## People

- Daniel Kim — Founder and Managing Partner

## Questions

### Who runs investment decisions at Evernew Capital?

Daniel Kim, the founder and managing partner, leads all investment decisions. Kim has a technical background in mathematics and prior operational experience inside DeFi protocols before launching the fund. The firm operates with a flat hierarchy, and Kim is directly involved in every term sheet and portfolio governance decision.

### Does Evernew Capital participate in fund commitments or only direct deals?

Evernew invests almost exclusively through direct equity and token positions in early-stage companies. The firm does not operate as a fund-of-funds and rarely participates in club deals. Kim's approach is to write first checks directly, often before projects have formalized fundraising rounds.

### What investment stages does Evernew Capital typically target?

The firm focuses on pre-seed, seed, and Series A rounds. Initial check sizes range from approximately $250,000 to $2 million. Evernew will follow on selectively in later rounds for particularly high-conviction positions, but the strategy is anchored in earliest-stage deployment.

### How is Evernew Capital distinct from generalist venture firms with crypto arms?

Evernew was purpose-built as a crypto-native fund in 2018, before the 2020 institutional wave into digital assets. Kim personally contributes to open-source DeFi codebases and participates in DAO governance, creating a sourcing pipeline embedded in developer communities rather than traditional conference circuits.

### Does Evernew Capital have a geographic focus?

No — the firm invests globally. More than 60% of the portfolio is headquartered outside the United States, with significant concentrations in Zug, Singapore, and Lisbon. Evernew structures investments through entities appropriate to the jurisdiction of each portfolio company.

### Which sectors does Evernew Capital explicitly avoid?

Evernew does not invest in traditional enterprise SaaS, consumer marketplaces, or Web2 fintech unless there is a clear decentralized architecture component. The firm also avoids liquid token trading and does not operate a hedge fund strategy — the structure is pure venture equity and early-stage token warrants.

## Related profiles

- [Evermount Capital Management](https://altss.com/profile/evermount-capital-management)
- [Everpine Capital](https://altss.com/profile/everpine-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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