Hack VC

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Overview

Hack VC is a thesis-driven venture capital firm focused on early-stage investments in web3, crypto, AI, and frontier technologies. It partners with founders through on- and off-chain support, including its hack.labs platform for liquidity provision and hack.summit for developer engagement. The firm manages approximately $425 million in assets, with investments in projects like Jasper AI, Sui, Helium, and Consensys.

History

Hack VC began supporting founders in frontier technologies like web3 and AI since 2014, with the firm formally founded around 2021 by managing partner Alex Pack, who has seeded hundreds of web3 startups. Key milestones include raising a $150 million opportunity fund in a bear market, bringing total assets under management to $425 million, and advising over 100 web3 projects. The firm has evolved its thesis to emphasize infrastructure for scalability, security, and usability in web3.

Notable Products

Hack.Labs - In-house tech platform for institutional-grade network participation, liquidity, staking, and open-source contributions in blockchain protocols.
Hack.Summit - Community platform organizing hackathons and conferences to foster global networks of developers and innovators.

Reputation

Hack VC is perceived by professionals as a specialized player in web3 infrastructure with deep industry knowledge and hands-on support via engineering teams. Enthusiasts value its focus on early-stage crypto-native projects and active participation beyond capital. Criticisms are limited in available sources, though its niche concentration may limit broader diversification.

Sources (7)