Draper Goren Holm is a Los Angeles-based blockchain venture studio and fund co-founded by three partners whose names form the firm's title: Tim Draper, Alon Goren, and Josef Holm. The firm launched in 2018, positioning itself at the intersection of venture capital and startup studio operations – it both invests in early-stage blockchain companies and actively helps build them from the ground up. Its base in Los Angeles has made it one of the most visible crypto-focused institutions on the US West Coast outside of Silicon Valley.
The studio model distinguishes Draper Goren Holm from pure-play funds. Rather than writing checks and stepping back, the team embeds itself in portfolio companies at the formation stage, contributing to product strategy, token economics, and go-to-market execution. The firm also co-organizes the LA Blockchain Summit, one of the largest annual blockchain conferences in North America, which has served as a deal-flow and brand-building engine since 2019.
Public information on total AUM is limited. The firm has not disclosed a formal fund size on the record. With 10 tracked portfolio companies and 5 lead investments per available metadata, it operates at the smaller end of the institutional spectrum – consistent with a studio that prioritizes depth of involvement over volume of deals.
Notable investments
- Security token and digital asset infrastructure – Draper Goren Holm has backed projects focused on tokenized securities and compliant digital asset issuance, reflecting the regulatory-forward stance common among US-domiciled crypto funds.
- Web3 and DeFi protocols – the portfolio includes early-stage decentralized finance and Web3 tooling projects, though specific company names have not been consistently disclosed in public filings or press releases.
Specific portfolio company names with confirmed deal sizes are not reliably documented in public sources as of this writing. The firm's Crunchbase profile lists portfolio entries, though coverage is incomplete. Investors seeking a full portfolio breakdown should contact the firm directly.
Team
- Tim Draper – one of Silicon Valley's most recognizable venture capitalists. Founding partner of Draper Associates and the Draper Venture Network. Early backer of Skype, Hotmail, Baidu, and Tesla. Purchased approximately 30,000 BTC at the 2014 US Marshals auction and has been a consistent public advocate for Bitcoin as a global reserve asset.
- Alon Goren – entrepreneur and co-founder of Crowdfunder, an equity crowdfunding platform. Has been active in the Los Angeles startup community for over a decade, with a focus on alternative finance and blockchain applications.
- Josef Holm – co-founder alongside Goren, with a background in media, entertainment, and technology entrepreneurship in Los Angeles. The Goren-Holm partnership predates the Draper collaboration and was the operational core around which the studio was built.
Recent activity
Public information on Draper Goren Holm's deal activity in 2024 and 2025 is limited. The firm has maintained a lower public profile compared to larger multi-hundred-million-dollar crypto funds. Tim Draper has remained vocal on Bitcoin price targets in media appearances, but these represent personal views rather than formal fund communications. The LA Blockchain Summit continued as an annual event, sustaining the firm's role as a convener of the West Coast blockchain ecosystem.
The reported retail ROI of 0.04 suggests modest realized returns on a mark-to-market basis relative to early crypto vintage funds that captured larger upside. This may reflect the studio's early-stage focus, where exits take longer, or the composition of the portfolio toward infrastructure rather than liquid tokens.
Draper Goren Holm occupies a niche as a founder-friendly, operationally engaged studio in a market crowded with passive capital. Its long-term relevance will depend on whether its portfolio companies – built during the 2018–2022 cycle – reach meaningful scale or liquidity in the current market environment. Tim Draper's brand and network remain the firm's strongest external asset for attracting both deal flow and co-investors.