Chainsmokers' VC Fund Mantis Brings Unique Value to B2B Startups

Starfolk

Starfolk

November 01, 2024 · 2 min read
Chainsmokers' VC Fund Mantis Brings Unique Value to B2B Startups

The Chainsmokers, a renowned DJ duo, are making waves in the venture capital world with their fund Mantis VC, which focuses on backing B2B startups. At TechCrunch Disrupt 2024, Alex Pall and Drew Taggart, the duo behind Mantis VC, shared their vision for bringing a unique value add to the B2B space.

Unlike traditional VCs, Mantis VC's celebrity status and network can open doors for portfolio companies, providing access to Fortune 500 companies and influential decision-makers. This was evident when Pall's Cameo video helped Chainguard, a cybersecurity startup, land a key hire. Mantis VC's strategy is to outwork other investors and provide a different level of support, connectivity, and perspective to their portfolio companies.

According to Dan Lorenc, co-founder and CEO of Chainguard, Mantis VC's approach has been instrumental in making introductions to potential customers and helping with hiring. Lorenc believes that Mantis VC's unique network and approach can provide a competitive edge in the B2B space, where traditional VCs may not be able to offer the same level of support. As Mantis VC continues to build out its portfolio, it will be interesting to see how their celebrity-backed VC fund disrupts the traditional VC landscape.

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