# Reciprocal Ventures

Reciprocal Ventures is a Venture Capital based in New York, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** recvc.com
- **LinkedIn:** https://www.linkedin.com/company/reciprocal-ventures

## Regulatory record

- **Reports private funds:** No

## About

Reciprocal Ventures is a venture capital firm focused on the digital asset ecosystem, backing founders from pre‑seed through Series A. The firm was founded in 2016 by Michael Steinberg, a former technology portfolio manager at SAC Capital. Reciprocal emphasizes long‑term partnerships with founders to scale transformative businesses in crypto and digital assets.

## Sectors

- Blockchain & Crypto
- Digital Assets
- DeFi
- Web3 Infrastructure
- Consumer Crypto
- Enterprise Software

## People

- Craig Burel — Managing Partner
- Michael Silverman — Managing Partner
- name not publicly listed — General Partner
- name not publicly listed — Principal
- name not publicly listed — Chief Operating Officer
- name not publicly listed — Venture Partner

## Questions

### What investment stages does Reciprocal Ventures typically target?

The firm targets seed and early-stage rounds, self-described as 'partnering with crypto founders from day 0.' Portfolio entries confirm initial checks into Solana in 2018, Blockdaemon in 2020, EigenLayer in 2022, and Gateway's seed round also in 2022. Reciprocal does not publicly indicate participation in growth equity or later-stage follow-ons.

### Which sectors does Reciprocal Ventures explicitly avoid?

Reciprocal's portfolio exposes no positions in biotech, clean energy, defense, or traditional enterprise SaaS outside blockchain-enabled business models. The firm does maintain a single traditional data and analytics holding — Placer, a location data platform — but otherwise concentrates entirely within the crypto-native taxonomy: DeFi, DePIN, consumer crypto, and core blockchain infrastructure.

### What is the geographic concentration of Reciprocal's portfolio?

Reciprocal invests globally but maintains a portfolio with significant North American density, particularly in New York and San Francisco-based developer teams. European-founded infrastructure projects (Ceramic, Grips) and Israeli teams (Placer) also appear. The firm describes itself as 'globally distributed, NY based.'

## Related profiles

- [Receptor Partners](https://altss.com/profile/receptor-partners)
- [ReckittPrev](https://altss.com/profile/reckittprev)

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Last updated: 2026-07-10T10:49:56.000Z

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