United States · Investor

Paradigm

Last cheque observed Sep 2026; 176 cheques on record.

Deploying nowNew fund $3.5M, Sept 2026VC firm

SeedSeries ASeries BNftNon-fungibleDecentralized Finance

Deploying now
81%of best year35cheques in 12 months, 176 on record
Since the last cheque60days00hrs00min00sec
Median round$13MCheque size, as they say$25K – $100MRounds led9 of 176Sole investor27 roundsMostly inUnited States, 74%
Pitch Paradigm

Paradigm highlights

  1. 01

    35 cheques in the last 12 months

  2. 02

    Mostly Venture and Seed: 62% of its rounds

  3. 03

    Sole investor in 27 rounds, median $7.3M

What they do

Paradigm is a frontier technology investment firm that builds and invests in crypto, AI, robotics, and across new frontiers from the earliest stages.From their own website
Type
VC firm
Cheque size
$25K – $100M as they say
Stages
SeedSeries ASeries BGrowth
Sectors
NftNon-fungibleDecentralized Finance
Based in
San Francisco, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first176 appearances

  1. 2026

    27 rounds

  2. Sept
    Fab2Series A · US$500MWith 2 others
  3. Aug
    AntaresSeries C · US · TechCrunch$470MLed
  4. Aug
    idlerSeed · US$9.0MSole investor
  5. Jul
    GauntletSeries C · US · AlleyWatch$125MWith 6 others
  6. Jul
    EDX MarketsSeries C · US · TechStartups$76MWith 3 others
  7. Jul
    KalshiVenture · US$30MWith 4 others
  8. Jul
    RevolutVenture · GBUndisclosedWith 4 others
  9. Jun
    El DoradoSeries A · CO · LatamList$9.0MLed
  10. Jun
    MorphoSeed · FR · Ventureburn$175MLed
  11. Jun
    AvicannaCA$429KWith 1 other
  12. May
    SignalPlusSeries B · HK · Ventureburn$40MWith 3 others
  13. May
    Newcore GoldCA$11MSole investor
  14. May
    True AnomalySeries D · US · Crunchbase News$600MWith 8 others
  15. May
    TriStar GoldUS$7.5MSole investor
  16. May
    SendCutSendVenture · US$110MWith 1 other
  17. Apr
    LiquidSeed · BR$18MWith 4 others
  18. Mar
    KalshiSeries F · US · TechCrunch$1.0BWith 6 others
  19. Mar
    ZodlSeed · Ventureburn$25MWith 7 others
  20. Mar
    Zcash Open Development LabSeed · US$25MWith 4 others
  21. Feb
    KalshiVenture · USUndisclosedWith 4 others
  22. Feb
    Uniswap LabsVenture · USUndisclosedWith 5 others
  23. Feb
    Sorella LabsVenture · US$5.2MWith 2 others
  24. Jan
    FLORASeries A · US · TechCrunch$42MWith 23 others
  25. Jan
    MeshSeries C · US · Ventureburn$75MWith 9 others
  26. Jan
    ZiplineGrowth · US · Crunchbase News$600MWith 8 others
  27. Jan
    CrownSeries A · BR · Ventureburn$14MLed
  28. Jan
    Noise LabsSeed · US · AlleyWatch$7.1MLed
  29. 2025

    39 rounds

  30. Dec
    YO ProtocolSeries A · US$10MWith 3 others
  31. Dec
    AztecVenture · GB$61MWith 5 others
  32. Nov
    KalshiSeries E · US · Conductive Ventures$1.0BLed
  33. Nov
    LiquidSeed · US · AlleyWatch$7.6MLed
  34. Nov
  35. Nov
    HarmonicSeries C · US$120MWith 5 others
  36. Nov
    Moon AcademyVentureUndisclosedWith 2 others
  37. Nov
    RiftSeed · US$8.0MSole investor
  38. Oct
    KalshiSeries D · US · TechCrunch$300MWith 6 others
  39. Oct
    Standard EconomicsSeed · US$9.0MSole investor
  40. Oct
    ChainalysisVenture · USUndisclosedWith 3 others
  41. Oct
    MetaDAOToken sale · US$9.9MWith 2 others
  42. Sept
    Divine ResearchSeed · US · Ventureburn$6.6MLed

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration18 named

ACAlaina C. DanleyDirectoriFiling they signed
ASAlana Skorniakoff PalmedoChief Operating Officer and Managing Partner and Interim Chief Financial OfficeriForm ADV
APAlexandru Popescu-NegoestiChief Compliance OfficeriForm ADV
ATAustin TimmonsExecutive OfficeriFiling they signed
CRChristopher RunnelsExecutive Officer, PromoteriFiling they signed
CDCorey DeutschMr. Deutsch is the principal of each of Paradigm Opportunities, LP, the Investment Manager of the Issuer, and Paradigm Opportunities SPV 1 GP, LLC, the General PartneriFiling they signed
DWDonald Wayne SullivanExecutive Officer, PromoteriFiling they signed
FCFrank C. MeyerDirectoriFiling they signed
FEFrederick Ernest EhrsamManaging Member of the General PartneriFiling they signed
KEKathryn Effie BiberChief Legal OfficeriForm ADV
KBKatie BiberChief Legal Officer of Paradigm Operations LPiFiling they signed
MHMatt HuangExecutive OfficeriFiling they signed
MKMatthew Kung-Yu HuangManaging Member of Paradigm Fund GP LLCiFiling they signed
MUMichelle U. GassMs. Gass is a managing member of Paradigm Advisors, LLC, the general partner of Paradigm Investment Management, L.P. Paradigm Investment Management, L.P. is the general partneriFiling they signed
RJReena Jashnani-SlusarzGeneral Counsel and Chief Compliance Officer of Paradigm Operations LPiFiling they signed
SASenai AsefawManaging Member of the General Partner of the Issuer's Investment Manager and DirectoriFiling they signed
VMVictor MurrayDirectoriFiling they signed
WKW. Kirk DunkMr. Dunk is a managing member of Paradigm Advisors, LLC, the general partner of Paradigm Investment Management, L.P. Paradigm Investment Management, L.P. is the general partneriFiling they signed

We also hold 44 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$12Bassets it managesOct 2026
5+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
Legal name
Paradigm Operations LP
SEC number
CRD 299210

Funds on its Form ADV

5 private funds, $12B in gross assets · filed Apr 2024

Private equity 4Hedge 1

  1. Paradigm Fund L.P.Hedge116 investors$7.3B
  2. Paradigm One L.P.Private equity136 investors$2.8B
  3. Paradigm One (US) Feeder L.P.Private equity40 investors$1.2B
  4. Paradigm One (Cayman) Feeder L.P.Private equity27 investors$537M
  5. Paradigm Green Fortitudo L.P.Private equity2 investors$1.9M

What they claim to have backed

From their own portfolio page (on their website)

57 of 60 we have independently watched raise

AI-powered NFT gamingBitcoin payment infrastructureBlockchain intelligence platformBlockmesh operating systemBrand loyalty platformChip manufacturing infrastructureCross-border payments appCross-border payments forCross-chain AMM protocolCrypto computing systemCrypto exchange inCrypto payments &Crypto payments infrastructureCrypto-enabled narrow bankDeFi risk managementDecentralized Ethereum stakingDecentralized entertainment networkDecentralized fixed-rate borrowingDecentralized perpetuals exchangeDecentralized social protocolDecentralized structured productsEmbedded wallet infrastructureEthereum L2 withEthereum institutional financeGaming NFT marketplaceGitcoinInteroperable blockchain ecosystemIthacaLayer 2 blockchainMEV infrastructure andMarkets for decision-makingMatrixportMobile crypto gamingModular DeFi lendingNFT marketplace MagicNFT marketplace OpenSeaNFT marketplace forNative Bitcoin stakingNetwork for user-ownedOnchain exchange infrastructureOnchain lending andParallel EVM blockchainPlay-to-earn gaming SkyRevolutSci-fi NFT cardSocialFi app onStablecoin issuer andStablecoin protocol MakerSustainable onchain marketsSynthetic derivatives protocolTaxbitWallet transaction securityWeb3 wallet PhantomWork and bountyZK proof accelerationZK proving infrastructureZero-knowledge infrastructure SuccinctBitcoin mining companyBlockchain-based unsecured lendingBrazilian real stablecoinand 32 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Paradigm. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Paradigm put money into.

On podcasts

6 episodes naming Paradigm in the title, and 4 more that mention it.

Mentioned in

Quick answers about Paradigm

What does Paradigm invest in?

Paradigm invests most often at Venture and Seed (62% of the rounds on record), in sectors such as Nft, Non-fungible and Decentralized Finance.

How active is Paradigm?

176 investments on record, 35 of them in the last 12 months, and it led 9. The most recent was in Sept 2026.

What has Paradigm invested in recently?

Its most recent investments on record: Fab2 (Series A, Sept 2026), Antares (Series C, Aug 2026) and idler (Seed, Aug 2026).

How big are Paradigm's cheques?

The median round it joins is $13M. It says it writes cheques of $25K to $100M.

Does Paradigm lead rounds?

Sometimes: it led 9 of its 176 investments on record (5%).

Where does Paradigm invest?

Most of the companies it backs are in the United States (74%), Canada (8%) and the United Kingdom (5%).

Is Paradigm investing now?

Yes: it is actively investing, with 35 investments in the last 12 months.

Who does Paradigm invest alongside?

Most often Coinbase Ventures (35 rounds together), Andreessen Horowitz (21 rounds together) and Sequoia Capital (17 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it