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Anand Iyer

Managing General Partner at Canonical Crypto

Anand Iyer is the Managing General Partner at Canonical Crypto Management LLC, a venture capital firm he founded in 2021 that focuses on early-stage investments in blockchain and crypto infrastructure. He also serves as a Venture Partner at Lightspeed Venture Partners since 2022, where he advises on their crypto portfolio.14

Iyer's career spans various roles in technology and entrepreneurship. He was the CEO and founder of Trusted, a child care marketplace acquired by Care.com in 2018, and has held significant positions at companies like Microsoft and Cisco, where he specialized in product development and engineering. His experience in the crypto space began in 2013, and he has since become deeply involved in supporting startups that enhance developer tools and infrastructure for decentralized applications.34

He holds a Bachelor of Science degree in Computer Engineering from Purdue University, completed in 2001. Outside of his professional endeavors, Iyer is known for his interests in family activities, fitness, and meditation.24

Highlights

May 9 · twitter

This is an incredible piece by Jaya.

This rule survives every venture cycle from the cap-table side: you underwrite the person, not the product.

It's also why the same founders show up on a second cap table if the first company didn't work. The bet was never the venture.

May 9 · twitter

Defense tech companies are raising at insane multiples, way over SaaS comps, because the customer* can write 9-figure first checks.

Jun 21 · youtube.com
The intersection of AI and crypto w Anand Iyer - YouTube
The intersection of AI and crypto w Anand Iyer - YouTube
Aug 17 · Business Wire
New Sourcing Strategies Can Deliver Transformation for 40 Percent Less Than Traditional Approaches - Business Wire
Jun 2 · Yahoo Finance
Canonical Crypto Closes $20 Million to Back Developers Building infrastructure on the Blockchain - Yahoo Finance

Related Questions

What are some of the key investments made by Canonical Crypto under Anand Iyer's leadership?
How did Anand Iyer transition from Microsoft to founding Trusted Labs?
What challenges did Anand Iyer face while founding Threadflip?
What is the focus of Canonical Crypto's investment strategy?
How has Anand Iyer's experience at Lightspeed Management Co LLC influenced his work at Canonical Crypto?
Anand Iyer
Anand Iyer, photo 1
Anand Iyer, photo 2
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Experience

Managing General Partner at Canonical Crypto (September 2021 - Present)
Faraway (July 2023 - Present), CEO & Founder at Trusted Child Care (2014 - 2020), Chief Product Officer & Co-Founder at Threadflip (2011 - 2014), CTO & Co-Founder at Hitpost, Inc. (2010 - 2011)

Education

BSc in Computer Engineering from Purdue University (1997 - 2001)

Location

San Francisco, California, United States