Cosimo Ventures

Cosimo Ventures — now operating as Cosimo Digital — is a pioneering digital asset management firm founded in 2014 and headquartered in Boston, Massachusetts, with offices in New York and Dublin. The firm was co-founded by Rob Frasca, an early internet entrepreneur whose previous startups were acquired by Intuit, Lycos, and Nielsen. Cosimo provides blockchain investments, custody services, tokenization solutions, and web3 development capabilities, and has raised approximately $25 million in a fund investment round led by a former Bridgewater Associates executive. The team brings more than 100 combined years of entrepreneurial and investing experience, having built products used by hundreds of millions of users. The firm invests at pre-seed and seed stages, typically writing checks of $1 million to $10 million per company across a portfolio of approximately 25 placements. Notable investments include Uphold, the digital wallet provider; Sovryn, a Bitcoin DeFi pioneer; Hedera, a Layer 1 blockchain; and Black Manta, a tokenization company. Focus areas span blockchain and cryptocurrency, web3 applications, AI, data analytics, and emerging immersive technologies. Cosimo's management fee of 2.5 percent and performance fee of 15 percent reflect an institutional fund structure applied to an asset class — digital assets and blockchain infrastructure — where early specialist investors have historically generated outsized returns. The firm's combination of investment capital, technical custody infrastructure, and web3 development capability gives it a broader toolkit than most pure-play crypto funds.