Cashmere, founded in 2021, specializes in the Crypto and Web3 industries, positioning itself as a community-driven VC fund accessible to everyone. The fund's approach integrates active community engagement, particularly through platforms like LinkedIn, enabling members to showcase their involvement as "Vested Members" within the fund's structure.
The company's mission, encapsulated in its slogan "The Sweater Cashmere Fund is the VC fund for everyone", highlights its democratized aspect of venture capital, aiming for broad participation and fostering a collaborative ecosystem.
Based in the United States, Cashmere has attracted notable investors. Their latest investment round on 08 August 2022, a $3.00M Seed Round, saw participation from significant industry players like Y Combinator, Global Founders Capital, and FBG Capital, underpinning its robust backing and potential growth trajectory.