REFLEXIVE CAPITAL MANAGEMENT LP
REFLEXIVE CAPITAL MANAGEMENT LP is a Seed and Series A fund in the US, France, India and South Korea investing in enterprise-applications, retail, enterprise-infrastructure, web3, blockchain and digital-assets.
- Stages
- Seed, Series A
- Sectors
- enterprise-applications, retail, enterprise-infrastructure, web3, blockchain, digital-assets
- Invests in
- US-wide, France, India, South Korea
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2023
- Assets under management
- $41.59M
Check size not disclosed
Thesis
Reflexive Capital Management LP is a venture capital firm established in 2023 and based in San Francisco, California. The firm's core investment thesis, "The Trust Tax," focuses on the costs imposed by intermediaries in transactions, believing blockchain technology can create a more efficient "trust rail." They actively seek and invest in early-stage companies (Seed and Series A) that address significant trust-based challenges using blockchain. Their sector focus spans Enterprise Applications, Retail, Enterprise Infrastructure, Web3, blockchain, and digital assets. While headquartered in the US, they have a particular interest in French startups and also invest in companies in India and South Korea. As of March 2026, the firm reported a total gross asset value of $41.59 million across four private funds.
Common questions
Does REFLEXIVE CAPITAL MANAGEMENT LP invest at the Seed stage?
Yes. REFLEXIVE CAPITAL MANAGEMENT LP lists Seed and Series A among the stages it invests in.
Where does REFLEXIVE CAPITAL MANAGEMENT LP invest?
REFLEXIVE CAPITAL MANAGEMENT LP invests in the US, France, India and South Korea.