Haun Ventures raises $1B and expands into AI agents and financial infrastructure
What's the deal? Haun Ventures, the crypto and fintech-focused venture firm founded by Katie HaunDealroom has a profile for this one. Try Dealroom →, has raised $1B across two new funds, split evenly between early and later-stage vehicles.
The capital will be deployed over the next two to three years. Haun, a former federal prosecutor and general partner at Andreessen Horowitz, launched the firm in 2022 with a $1.5B debut fund focused primarily on crypto and blockchain.
Fund II marks a deliberate expansion of the firm's investment scope. While crypto and blockchain remain core, Haun is now explicitly targeting the intersection of financial services, AI agents, and digital assets — backing founders rebuilding financial infrastructure, tokenising real-world assets, and building the economic layer that AI agents will need to transact autonomously.
Why now? Haun's thesis is that three structural shifts are converging simultaneously. First, the core plumbing of global finance — payments, banking, capital markets — is being rebuilt for a digital-native world with fewer intermediaries.
Second, tokenisation is extending beyond stablecoins to commodities, securities, and derivatives, creating programmable, borderless financial primitives.
Third, AI agents are beginning to conduct economic activity autonomously — paying for services, subscribing to software, routing transactions — and will require entirely new layers of identity, fraud prevention, credit, and trust infrastructure built natively for how machines transact rather than humans.
The macro environment is also more favourable. Stablecoin transaction volumes in 2025 grew to double-digit trillions, approaching the combined volumes of VisaDealroom has a profile for this one. Try Dealroom → and MastercardDealroom has a profile for this one. Try Dealroom →. Political and regulatory tailwinds in the US are broadly supportive of digital asset innovation for the first time.
What could go wrong? Haun's first $1.5B fund was raised at the peak of the 2021-2022 crypto bull market and deployed into a category that subsequently crashed. The performance of Fund I will be closely watched by LPs before they fully endorse the expansion into new territory.
The "agentic economy" thesis — AI agents as autonomous economic actors — is compelling but largely theoretical at this stage, and the timeline for it becoming a meaningful investment category is uncertain.
The fund's expanded scope also introduces more competition. Investing at the intersection of AI and fintech puts Haun in the same market as a16z, Sequoia, and a growing number of generalist funds that have developed strong fintech and AI franchises.
The signal: Haun's expansion reflects a broader conviction gaining traction among crypto-native investors: that the most important opportunity in digital assets is no longer speculative trading infrastructure, but the rebuilding of financial services from scratch using crypto primitives as the foundation.
The addition of AI agents as a core investment theme is the most forward-looking element — a bet that the next major wave of financial innovation will be driven not by human behaviour but by machine-to-machine economic activity.
Sources:
Haun Ventures
Bloomberg
TechCrunch
The Next Web
Economic Times
Image credit:
Andreessen Horowitz
J.V.
