Asset Manager

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The Chainsmokers

The Chainsmokers is an American electronic DJ and production duo composed of Alexander "Alex" Pall and Andrew "Drew" Taggart.

The Chainsmokers

The Chainsmokers is an American electronic DJ and production duo composed of Alexander "Alex" Pall and Andrew "Drew" Taggart. They have made 19 investments, including a December 23, 2025, investment in Lemon Slice as part of their Seed VC - II. The duo has 3 portfolio exits, with Pomelo exiting on January 20, 2026.

General information

Firm type

Asset Manager

Year founded

2018

AUM

$100M–$200M in committed capital for the venture fund (Altss estimate)

Location

Region

North America

Country

United States

City

Los Angeles

Corporate office

Los Angeles, CA, United States

Principals

Alex Pall

General Partner

Drew Taggart

General Partner

Sector focus

Enterprise SoftwareFinTechBlockchain & Digital Assets

Frequently asked questions

Who makes investment decisions at MANTIS Venture Capital?

Alex Pall and Drew Taggart serve as the sole general partners and make all investment decisions. They do not delegate check-writing authority to a separate investment committee. The lean structure means every portfolio company receives direct engagement from one of the two founding GPs.

How does MANTIS source deals outside of traditional venture networks?

The firm leverages Pall and Taggart's global touring schedule as a proprietary deal-sourcing channel. Founders frequently approach the duo at shows and events, creating an inbound pipeline that bypasses standard venture email-and-warm-intro workflows. MANTIS also draws on a network of operator and creator venture partners for referrals.

Is MANTIS Venture Capital a single-family office or a traditional venture firm?

MANTIS operates as a structured venture capital firm — not a family office. It raised committed capital from external limited partners for both Fund I (2021) and Fund II (2023). Pall and Taggart are significant personal investors in the funds. The firm files as an exempt reporting adviser.

What investment stage and check size does MANTIS typically target?

MANTIS focuses on early-stage rounds, primarily seed and Series A. Initial checks generally range from $250,000 to $1 million. The firm reserves capital for follow-on investments in breakout portfolio companies through subsequent rounds.

Which sectors does MANTIS explicitly avoid?

The firm has not publicly disclosed explicit sector exclusions. Based on portfolio composition, MANTIS avoids capital-intensive industrials, pure life sciences, and hardware-heavy deep tech. The concentration in software and financial infrastructure suggests deliberate scope boundaries around product-light, scalable models.

Profile maintained by 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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