Web3 · sub-niche
DAO treasury SaaS.
Treasury + accounting + payroll + governance for DAOs.
One-quarter buildTrickle — one deal per quarter
Why now
DAOs are running real businesses. Treasury + accounting tooling is fragmented.
What the signal looks like
Repos with multi-sig adapters, accounting libraries, and DAO-governance integration frameworks.
Public examples
We name publicprojects + categories only — never founders we track inside the paid product. The buyer’s edge stays inside the product.
- Llama / Karpatkey shape
- Coordinape
- Open-source DAO-treasury libraries
What this displaces
A multi-sig + a spreadsheet + paid-in-USDC chaos.
Our build-vs-invest call
Niche. Fund only with crypto-native team. The moat is the multi-sig integrations + the accounting + the governance.
Common questions about this niche
- Buyer?
- DAOs + crypto-native orgs.
- Pricing?
- Per DAO per month.
- Defensibility?
- Integration + workflow.
More inside Web3
- Account abstraction toolkits — ERC-4337 wallet libraries + paymaster infrastructure for AA-first apps.
- Onchain compliance tools — Travel rule + KYT + transaction monitoring for crypto + stablecoin businesses.
- Stablecoin payment rails — USDC + USDT payments for B2B + cross-border — non-crypto-facing.
- DeFi portfolio managers — Portfolio + risk + yield management for DeFi users + crypto funds.