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    Paradigm

    San Francisco, California, United StatesFounded 2018

    Paradigm is a venture capital firm that focuses its investments on cryptocurrency and blockchain technology, including disruptive crypto/Web3 companies and protocols. Their strategy is adaptable, long-term, multi-stage, and global, often involving early-stage engagement and hands-on support for their portfolio companies.

    44% of their portfolio is in Crypto & Web3. Deal activity increased 200% year-over-year (6 deals in the last 12 months). Average disclosed round size is $201.8M (across 46 rounds with reported amounts).

    Find people at Paradigm on Goldilocks AI

    Portfolio

    48

    Fund Size

    $10B

    Top Stage

    Unknown

    Last 12 Mo

    6

    Team

    Fred Ehrsam

    Fred Ehrsam

    Co-Founder & General Partner

    Matt Huang

    Matt Huang

    Co-Founder and Managing Partner

    Dave White

    Dave White

    Research Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    48 investments
    CompanyRoundAmountDate
    Zipline logoZiplineSeries H$800MMar 2026
    Mesh logoMeshSeries C$75MJan 2026
    Kalshi logoKalshiSeries E$1BDec 2025
    Etherealize logoEtherealizeSeries B$40MSep 2025
    Kalshi logoKalshiSeries D$185MJun 2025
    Thousands logoThousandsUnknown$9MJun 2025
    Mesh logoMeshSeries B$82MMar 2025
    Farcaster logoFarcasterGrowth$150MMay 2024
    Privy logoPrivySeries A$18MNov 2023
    Flashbots logoFlashbotsSeries B$60MJul 2023
    Wispr AI logoWispr AISeed$10MOct 2022
    Uniswap Labs logoUniswap LabsSeries B$165MOct 2022
    Limit Break Inc. logoLimit Break Inc.Series D$200MAug 2022
    HHangSeries A$16MJul 2022
    Magic Eden logoMagic EdenSeries B$130MJun 2022
    TThe Wildcard AllianceSeries A$46MJun 2022
    Lightspark logoLightsparkUnknownMay 2022
    Jambo logoJamboSeries A$30MMay 2022
    nxyz logonxyzUnknown$40MMay 2022
    Argent logoArgentSeries B$40MApr 2022
    SSky MavisUnknown$150MApr 2022
    Fractal logoFractalSeries A$35MApr 2022
    OOptimismSeries B$150MMar 2022
    FTX Trading Ltd. logoFTX Trading Ltd.Series C$400MJan 2022
    Phantom logoPhantomGrowth$109MJan 2022
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    Top Co-Investors

    a16z crypto4 shared
    Electric3 shared
    Multicoin Capital3 shared
    FTX2 shared
    Valar2 shared
    Jump Capital2 shared
    Thoma Bravo2 shared
    Galaxy Digital Ventures2 shared
    SV Angel2 shared

    Last updated: 12 April 2026