Craft Ventures is a B2B technology venture capital firm co-founded by David Sacks and Bill Lee to back founders building technology companies. Craft Ventures's Twitter Score is 77 out of 1000 (a Good rating) as of August 2026, ranking #10,366 (top 5%) among 483,944 tracked accounts.
Craft Ventures was co-founded by David Sacks as Partner and Bill Lee as Venture Partner, with the firm positioning itself as a team of senior operators and investors. Per Axios, the firm raised a $350 million debut fund focused on blockchain and other Web3 companies. Craft Ventures subsequently closed its second fund, Craft Ventures II, at $500 million, before announcing Craft Ventures III at $612 million alongside Craft Growth I at $510 million, a combined $1.12 billion directed at SaaS and marketplace companies.
Craft Ventures maintains an affiliation with BitGo and was formerly affiliated with Bitwise. On the crypto policy front, Axios reported in June 2025 that David Sacks, while advising President Trump on cryptocurrency and AI policy, was divesting stakes disclosed in a White House memo. The Washington Post reported in April 2025 that Sacks had divested from crypto holdings during his tenure as White House crypto and AI czar, though transparency concerns were noted at the time.
Craft Ventures has published 938 posts and has 36,114 followers as of August 2026 on the platform. The account has been mentioned by 141 accounts, with 362 total mentions.
Craft Ventures's fund portfolio includes Chia Network, Handshake, Set Labs, Lightning Labs, BitGo, FOLD BITCOIN, The Boring Company and River.
Who follows Craft Ventures on X?
The accounts that follow Craft Ventures include 405 founders, 126 angel investors, 86 influencers and 31 VCs, among them David Sacks, Garry Tan, Loomdart, Tyler Winklevoss, Mario Nawfal and Jason.