Top Web3 Investment Firm CoinFund Hires Jenna Pilgrim as Head of Portfolio Growth Maintaining Bullish Outlook on Web3 Innovation & Adoption

Experienced Entrepreneur and Advisor Steps in to Amplify Portfolio Development

NEW YORK--(BUSINESS WIRE)--Today CoinFund, a leading web3 investment firm, announces the appointment of Jenna Pilgrim as Head of Portfolio Growth. In this role, Jenna will partner with CoinFund portfolio companies to leverage the power of the firm’s capabilities and network for their most critical needs, including strategic development, team growth and further fundraising.

As evolving market conditions continue to test the resilience of the web3 ecosystem, CoinFund remains steadfast in its commitment to a long-term, “founders first” culture: doubling down on world-class talent to boost post-investment services and more holistically support its portfolio companies. The firm is one of the longest tenured web3 investment teams, founded in 2015 with more than 100 crypto and web3 ventures across its portfolio today.

Jenna joins CoinFund after four years as an early-stage founder, most recently of Mayflower Strategic, a candidate-first recruiting firm representing several hundred of the most sought after crypto candidates in the world. Prior to that she founded Streambed with Coindesk’s Michael Casey, followed by Rite Labs with top IP lawyer Lance Koonce. She has served as Head of Partnerships at Bloq Inc., a venture studio and blockchain infrastructure company, and was the first employee at the Blockchain Research Institute, the first global think-tank focused on strategic applications of blockchain technology in 2016. Since entering the web3 industry, Jenna has spent nearly 9 years building startups, coordinating founders groups, advising family offices and governments and channeling deal-flow as an avid community builder.

Jenna will work closely with CoinFund’s Head of Talent, Margaret Gabriel, who continues to lead CoinFund’s global talent acquisition and leadership development strategy, as well as Head of Marketing, Julie Mossler, hired in February 2023 to revamp the firm’s advisory for positioning, brand and go-to-market approach across portfolio companies and CoinFund itself.

Jake Brukhman, CEO and Co-Founder of CoinFund, said: “We are delighted to welcome Jenna to the CoinFund team, as we continue to expand post-investment resources for our 100-plus company portfolio. Jenna’s significant experience in the blockchain industry as an entrepreneur and advisor strongly aligns with our commitment to work side by side with our portfolio company founders to bring decentralization technology and digital assets to mass adoption. Her work with our portfolio will expand the capabilities of CoinFund as one of the best partners to early stage teams in web3.”

Speaking on her appointment, Jenna Pilgrim said: “Bear markets call for more involved VCs. The CoinFund team is one of the best I’ve seen when it comes to investing in deeply technical teams, and now is the time to invest in growth and strong partnerships. Curated groups like the founders backed by CoinFund create an atmosphere of innovation wherever they go, and it is our mission to give them the tools and support they need to build important infrastructure for the future. I am excited to leverage my founder experience to meet companies where they are.”