Castle Island Management, LLC logo

Castle Island Management, LLC

Institutional venture firmSEC venture capital fund adviser· Hingham, Massachusettscastleisland.vc

Castle Island Ventures is a venture capital firm investing in public blockchain startups. Explore our mission and portfolio.

In the firm's own words, from its website.

Reported fund assets
$790M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
4
Investment team
9
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

8 additional team members, 25 additional co-investors and affiliates, 24 additional investments, funds and LPs, 18 events, 2 verified contacts (1 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 4 companies
    new in 12 months

    4 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 2 Jul 2026 ($20M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  3. 3 deals
    with Coinbase Ventures

    Invests most often alongside Coinbase Ventures (3 shared deals) and Variant (2 shared deals).

    pair last observed on record 30 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

69 connected entities4 observed rounds1 repeat counterparty2 dated rounds shown here, 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Castle Island Management, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Castle Island Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

12 companies on record, 4 new in 12 months

Investments on record

12 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Bitwiseportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Félixportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Félix Pagoportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

12 observed deals
Stated (the firm’s website)
Sectors
crypto
Stages
early
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation
seed 50%series a 50%
Stage at first entry
seed 50%series a 50%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 75%follow-on rate 0%new companies, 12 months 4

Team

15 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

15 current, 0 departed
2 departed (kept with end dates)
  • Sean Judge · General Partner · ? to Sep 30, 2026 Inference
  • NIC Carter · Founding Partner · ? to Sep 30, 2026 Inference

Contacts

1 general firm email, 1 firm phone

1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

18 vehicles, 0 LPs disclosed

Funds and vehicles

18 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
CIV Opportunity Series Co-Invest I, L.P. - (series 9)SPV or co-invest vehicle2023 adv first reportedActive deployment$25.9M
Mar 31, 2026
5$0Mar 31, 2022
CIV Opportunity Series Co-Invest I, L.P. - (series 8)SPV or co-invest vehicle2023 adv first reportedActive deployment$8.5M
Mar 31, 2026
10$0Mar 28, 2022
CIV Opportunity Series Co-Invest I, L.P. - (series 10)SPV or co-invest vehicle2023 adv first reportedActive deployment$891,363
Mar 31, 2026
3unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Kenneth Rainin FoundationFOUNDATIONCastle Island Ventures III, L.P.$3.3M
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

28 co-investors · on 2 other DFX graphs

Co-investors

28 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 1 capital path Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Castle Island Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Castle Island Management, LLC sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

23 dated events, 64 observations from 3 sources

Timeline

23 dated events
  1. Mar 31, 2026
    Castle Island Ventures IV, LP first reported on Form ADV by Castle Island Management, LLC (Venture Capital Fund), GAV $143,300,000
    Fund first reported on Form ADVFundsInferenceCastle Island Ventures IV, L.P.Form ADV
  2. Mar 31, 2026
    Castle Island Ventures IV Feeder, LP first reported on Form ADV by Castle Island Management, LLC (Venture Capital Fund), GAV $26,100,000
    Fund first reported on Form ADVFundsInferenceCastle Island Ventures IV Feeder, L.P.Form ADV
  3. Sep 29, 2025
    Castle Island Management, LLC filed the first Form D for Castle Island Ventures IV, L.P. (fund 4), its next fund after Castle Island Ventures III, L.P. (vintage 2022)
    Fund next filedderived signalInferenceCastle Island Ventures IV, L.P.
  4. Mar 29, 2023
    CIV Opportunity Series Co-Invest I, L.P. - (series 10) first reported on Form ADV by Castle Island Management, LLC (Venture Capital Fund), GAV $450,000
  5. Mar 29, 2023
    CIV Opportunity Series Co-Invest I, L.P. - (series 9) first reported on Form ADV by Castle Island Management, LLC (Venture Capital Fund), GAV $9,033,971

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 16 private fundsShow
Headquarters
Boston, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 31, 2026
Private funds reported
16 (16 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$790Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried4 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $790M across 18 vehicles
  2. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $542M across 18 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $542M across 17 vehicles
  4. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $542M across 15 vehicles

Evidence

73 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2018-10-12Mar 31, 2026FactForm ADV
First Form ADV filing2018-10-12Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2018-10-12Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersBoston, MAMar 31, 2026FactForm ADV
HeadquartersHingham, MAMar 29, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Self-described typeVenture capital
“We are a venture capital firm”
Sep 30, 2026Fact
Self-described typeVenture capital
“We are a venture capital firm”
Sep 16, 2026Fact
Self-described typeVenture capital
“We are a venture capital firm”
Sep 15, 2026Fact
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 29, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported16Mar 31, 2026FactForm ADV
Private funds reported16Mar 31, 2026FactForm ADV
Private funds reported16Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$790MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$790MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$542MMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated sectorscrypto
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorscrypto
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorscrypto
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 15, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported16Mar 31, 2026FactForm ADV
Venture funds reported16Mar 31, 2026FactForm ADV
Venture funds reported16Mar 29, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShow
Importance
61
high
Active deployment
40
elevated
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $790M across 18 vehicles

The inputs behind each score
importance
gav: 0.57 · funds: 1 · people: 0.56 · investments: 0.41 · co investors: 0.58
active deployment
investments 12m: 0.5 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-07-15
emerging manager
fund count: 18 · reported gav: $790M · first adv filing: 2018-10-12 · years since first filing: 8

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Merged in
    2026-09-13
  • Adviser's first ADV filing
    2018-10-12source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.