CMS Holdings — Seed & Series A VC Firm
CMS Holdings is a Seed, Series A venture capital firm based in Chicago, IL investing in AI / ML, Developer Tools. The firm has 10 portfolio companies in our records.
- Portfolio
- 10 companies on record
- Partners
- 1 listed
- AUM
- $500M
- Stage
- Seed, Series A
- Sectors
- AI / ML, Developer Tools
- HQ
- Chicago, IL
- Check size
- Not in our records
Last verified: 2026-10-17
Seed, Series A
$500M
10+ companies
1 partner
Investment Thesis
Crypto principal investment firm with deep roots in trading, liquidity, and market structure across digital assets.
How CMS Holdings invests
CMS Holdings is a vc firm based in Chicago, IL. The firm invests at the Seed, Series A stages, with a focus on AI / ML, Developer Tools.
CMS Holdings manages approximately $500M in assets. Our records include 3 funds raised by the firm.
CMS Holdings has backed 10 companies in our records, including Hypernova, Billy Bets / Billy Bets AI, Axis.
Partners & Team
Dan Matuszewski
Co-Founder
Industry Focus
Invests In
Funds
CMS Holdings Fund III
CMS Holdings Fund II
CMS Holdings Fund I
Recent Activity
Raised CMS Holdings Fund III ($200M)
2023 · fund records
Raised CMS Holdings Fund II ($150M)
2019 · fund records
Raised CMS Holdings Fund I ($100M)
2015 · fund records
Portfolio Companies (10)
Other
Hypernova
A DeFi project raising capital in a pre-seed round.
Billy Bets / Billy Bets AI
An AI/web3 betting-related startup.
Axis
A DeFi / asset-management project.
Hamilton Treasury / Hamilton
A DeFi treasury-related project.
FOGO
An infrastructure project focused on high-performance blockchain infrastructure.
Drake Exchange
A crypto exchange / trading venue.
SpaceComputer
A blockchain/crypto infrastructure project.
Optimum
An infrastructure project in the crypto/web3 space.
Reppo
A crypto/DeFi project.
Ambit Finance / Hyperdrive
A DeFi protocol formerly known as Ambit Finance.
- •Raising at Seed, Series A? You're squarely in their sweet spot.
- •Lead with your fit in AI / ML, Developer Tools — the sectors they actively back.
- •warm intro preferred
- •Address your outreach to a specific partner, such as Dan Matuszewski, Co-Founder.
- •A warm introduction beats a cold email. Get matched and request an intro.
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