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P2 Ventures
P2 Ventures backs trailblazing teams bringing the open internet to the masses. It is dedicated to supporting visionary teams across the multichain ecosystem...
P2 Ventures
P2 Ventures backs trailblazing teams bringing the open internet to the masses. It is dedicated to supporting visionary teams across the multichain ecosystem and invests at the earliest stages across all categories in web3. The firm takes a partnered approach, providing 360° support through operations, technology, distribution and strategic partnerships.
General information
Firm type
Venture Capital
Location
Region
North America
Country
United States
City
Menlo Park
Corporate office
Menlo Park, CA, United States
Additional offices
Grand Cayman · Hong Kong · Tortola · London
Principals
Shreyansh Singh
Team
Michael Cieri
Team
Abhishek Saxena
Team
Aaron Scott Elkin
Team
Steve Lonhart
Team
Nathan Gurr
Team
Snigdha Thalapally
Team
Yvette Tao
Team
Sector focus
Frequently asked questions
Who runs investment decisions at P2 Ventures?
Shreyansh Singh is the named lead on the firm's website, heading an eight-person team that includes Michael Cieri, Abhishek Saxena, Aaron Scott Elkin, Steve Lonhart, Nathan Gurr, Snigdha Thalapally, and Yvette Tao. The firm does not publish formal titles such as managing partner or CIO, but the team page establishes Singh as the senior figure. Investment decisions are made collectively by this core group, which blends venture experience with deep ties to the Polygon ecosystem.
How does P2 Ventures source proprietary deal flow?
P2 Ventures sources through the Polygon developer community, protocol partnerships, and the web3 startup pipeline that interacts with Polygon's scaling infrastructure. The firm's portfolio companies report that P2 Ventures actively makes introductions to other projects building on Polygon, creating a referral network among founders. This ecosystem-based origination model gives the firm visibility into projects at the point of protocol integration, often before broader institutional discovery.
Does P2 Ventures participate in fund commitments or only direct deals?
The firm's public communication focuses entirely on direct seed-stage investments into web3 startups. There is no indication of fund-of-funds commitments, LP allocations to external venture managers, or participation in club deals outside its direct investment mandate. P2 Ventures structures its engagements as direct equity positions in early-stage companies building on or alongside the Polygon ecosystem.
What investment stages does P2 Ventures typically target?
P2 Ventures targets the earliest stages: seed rounds and initial capital raises. One portfolio company confirmed that P2 Ventures was the first institutional investor to commit to its seed round. The firm describes its mandate as investing "at the earliest stages across all categories in web3," making it a cap-table participant at formation, pre-seed, and seed stages rather than Series A or growth equity.
How is P2 Ventures related to Polygon Labs?
P2 Ventures is the dedicated early-stage investment arm of the Polygon blockchain ecosystem. While the firm maintains its own operational footprint and team, it draws on Polygon's technology, distribution channels, and internal business units to provide portfolio companies with integration and go-to-market support. The relationship positions P2 Ventures as a strategic venture vehicle embedded within the layer-2 protocol's broader growth strategy.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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