# ParaFi Capital: portfolio, investments and team > ParaFi Capital is a vc firm based in United States. 87 investments on record, 19 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/parafi (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # ParaFi Capital Last cheque observed Oct 2026; 87 cheques on record. Email Deploying now New fund $16M, Jul 2026 VC firm Pre-seed Seed Series A Regtech Token Payment Follow ParaFi Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fparafi) Deploying now **86%** of best year **19** **cheques in 12 months**, 87 on record Since the last cheque **3** days **00** hrs **00** min **00** sec Median round **$8.0M** Rounds led **2 of 87** Sole investor **2 rounds** Mostly in **United States, 64%** Pitch ParaFi Capital ## ParaFi Capital highlights - 01 19 cheques in the last 12 months - 02 Mostly Venture and Seed: 73% of its rounds - 03 Sole investor in 2 rounds, median $18M ## What they do > Filed 1 private fund offering with the SEC, the most recent in 2023-09 From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** Regtech Token Payment - **Based in:** Greenwich, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **87 appearances** - **2026** 15 rounds - **Oct** **[Birch Hill](https://millionrounds.com/company/birch-hill)** Seed · US · Pulse 2.0 **$4.0M** With 3 others - **Sept** **[Jeeves](https://millionrounds.com/company/jeeves)** Series C · LatamList **$110M** With 13 others - **Sept** **[Limited](https://millionrounds.com/company/limited)** Seed · US · Firms' own news pages **$19M** With 10 others - **Sept** **[Birch Hill Holdings](https://millionrounds.com/company/birch-hill-holdings)** Venture · US **$6.5M** With 3 others - **May** **[Gemini](https://millionrounds.com/company/gemini)** US **$100M** With 3 others - **May** **[Centrifuge](https://millionrounds.com/company/centrifuge)** Venture · CH **Undisclosed** With 3 others - **Apr** **[Mezo](https://millionrounds.com/company/mezo)** Venture · US **$19M** With 3 others - **Apr** **[Fence](https://millionrounds.com/company/fence)** Series A · ES **$20M** With 2 others - **Apr** **[Blockworks](https://millionrounds.com/company/blockworks)** Venture · US **Undisclosed** With 2 others - **Mar** **[Teller Finance](https://millionrounds.com/company/teller-finance)** Venture · US **Undisclosed** With 4 others - **Feb** **[Avalanche Energy](https://millionrounds.com/company/avalanche-energy)** Venture · US · Ventureburn **$29M** With 10 others - **Feb** **[Jupiter](https://millionrounds.com/company/jupiter)** Ventureburn **$35M** *Led* - **Feb** **[Birch Hill Holdings](https://millionrounds.com/company/birch-hill-holdings)** Pre-seed · US **$2.5M** With 1 other - **Feb** **[Lyra Finance](https://millionrounds.com/company/lyra-finance)** Venture · CA **Undisclosed** With 4 others - **Feb** **[TBD](https://millionrounds.com/company/tbd)** Seed · US **$3.0M** With 2 others - **2025** 13 rounds - **Dec** **[ProCap Financial](https://millionrounds.com/company/procap-financial)** US **$517M** With 1 other - **Dec** **[dawn](https://millionrounds.com/company/dawn)** Series B · US **$13M** With 5 others - **Nov** **[Credix](https://millionrounds.com/company/credix)** BR · LatamList **$94M** With 4 others - **Nov** **[Credix](https://millionrounds.com/company/credix)** Debt · BE **$84M** With 1 other - **Oct** **[Lemon](https://millionrounds.com/company/lemon)** Series B · AR · LatamList **$20M** *Led* - **Oct** **[Ground](https://millionrounds.com/company/ground)** Pre-seed · US **$3.6M** With 3 others - **Sept** **[Inversion Capital](https://millionrounds.com/company/inversion-capital)** Seed · US · Ventureburn **$27M** With 6 others - **Sept** **[StablecoinX](https://millionrounds.com/company/stablecoinx)** US · Ventureburn **$530M** With 9 others - **Sept** **[Satsuma Technology](https://millionrounds.com/company/satsuma-technology)** Debt · GB **$108M** With 3 others - **Sept** **[Circuit & Chisel](https://millionrounds.com/company/circuit-and-chisel)** Seed · US **$19M** With 4 others - **Aug** **[TON Strategy Company](https://millionrounds.com/company/ton-strategy-company)** US **$558M** With 3 others - **Feb** **[Glim](https://millionrounds.com/company/glim)** Pre-seed · AR · LatamList **$3.5M** With 5 others - **Feb** **[GEODNET](https://millionrounds.com/company/geodnet)** Token sale · US **$8.0M** With 4 others - **2024** 10 rounds - **Nov** **[MetaSoccer](https://millionrounds.com/company/metasoccer)** Venture · US **Undisclosed** With 4 others - **Nov** **[Bitfinity Network](https://millionrounds.com/company/bitfinity-network)** Token sale · ES **$5.0M** With 2 others - **Oct** **[Gelato](https://millionrounds.com/company/gelato)** Series A · CH **$11M** With 4 others - **Sept** **[Andrena](https://millionrounds.com/company/andrena)** Venture · US **Undisclosed** With 7 others - **Sept** **[Lyra Finance](https://millionrounds.com/company/lyra-finance)** Venture · CA **Undisclosed** With 4 others - **Jul** **[Kinto](https://millionrounds.com/company/kinto)** Seed · US **$5.0M** With 2 others - **Jun** **[Bluefin](https://millionrounds.com/company/bluefin)** Venture · CA **Undisclosed** With 4 others - **May** **[Magpie Protocol](https://millionrounds.com/company/magpie-protocol)** Venture **Undisclosed** With 4 others - **Apr** **[Thruster](https://millionrounds.com/company/thruster)** Seed **$7.5M** With 3 others - **Jan** **[Cube Exchange](https://millionrounds.com/company/cube-exchange)** Series A · US **$12M** With 5 others - **2023** 7 rounds - **Jul** **[Atlendis Labs](https://millionrounds.com/company/atlendis-labs)** Debt · FR **$1.1M** With 5 others - **Jul** **[P0x Labs](https://millionrounds.com/company/p0x-labs)** Series A · US **$25M** With 6 others 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 registration **3 named** AA **Adrian Alexander Uberto** Chief Compliance Officer; Chief Operating Officer i Form ADV BS **Benjamin Solomon Forman** Managing Member of the Managing Member of ParaFi Venture GP II LLC i Filing they signed KY **Kevin Yedid-Botton** Portfolio Manager i Form ADV We also hold **13** 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 **$1.8B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Parafi Capital LP - **SEC number:** CRD 294670 Funds on its Form ADV **10** private funds, **$945M** in gross assets · filed Jun 2024 Venture **8** Hedge **2** - ParaFi Digital Opportunities L.P. *Hedge* 261 investors $576M - ParaFi Growth Fund L.P. *Venture* 201 investors $150M - ParaFi Private Opportunities LLC - Series J *Venture* 30 investors $107M - ParaFi Quantitative Strategies L.P. *Hedge* 26 investors $28M - ParaFi Venture Fund II L.P. *Venture* 61 investors $22M - ParaFi Private Opportunities - Series I QP *Venture* 62 investors $20M - ParaFi Private Opportunities - Series I *Venture* 70 investors $20M - ParaFi Private Opportunities LLC - Series K *Venture* 34 investors $12M - ParaFi Private Opportunities LLC - Series H *Venture* 35 investors $6.1M - ParaFi Private Opportunities LLC - Series G *Venture* 27 investors $2.7M ## What they claim to have backed From their own portfolio page (on their website) **47** of 60 we have independently watched raise [Abra](https://millionrounds.com/company/abra)[Anchorage](https://millionrounds.com/company/anchorage)[Andrena](https://millionrounds.com/company/andrena)[Animocabrands](https://millionrounds.com/company/animoca-brands)[Architect](https://millionrounds.com/company/architect)[Birchhill](https://millionrounds.com/company/birch-hill)[Blockworks](https://millionrounds.com/company/blockworks)[Bluefin](https://millionrounds.com/company/bluefin)[Centrifuge](https://millionrounds.com/company/centrifuge)[Consensys](https://millionrounds.com/company/consensys)[Contango](https://millionrounds.com/company/contango)[Courtyard](https://millionrounds.com/company/courtyard)[Credix](https://millionrounds.com/company/credix)[Cube](https://millionrounds.com/company/cube)[Fence](https://millionrounds.com/company/fence)[Figment](https://millionrounds.com/company/figment)[Fireblocks](https://millionrounds.com/company/fireblocks)[Flashbots](https://millionrounds.com/company/flashbots)[Gemini](https://millionrounds.com/company/gemini)[Hubbleprotocol](https://millionrounds.com/company/hubble-protocol)[Huma](https://millionrounds.com/company/huma)[Immutable](https://millionrounds.com/company/immutable)[Ironblocks](https://millionrounds.com/company/ironblocks)[Layer3](https://millionrounds.com/company/layer3)[Ledn](https://millionrounds.com/company/ledn)[M0](https://millionrounds.com/company/m0)[Manta](https://millionrounds.com/company/manta)[Matter-labs](https://millionrounds.com/company/matter-labs)[Mellow](https://millionrounds.com/company/mellow)[Notabene](https://millionrounds.com/company/notabene)[Oxio](https://millionrounds.com/company/oxio)[Parcl](https://millionrounds.com/company/parcl)[Parfin](https://millionrounds.com/company/parfin)[Provenance](https://millionrounds.com/company/provenance)[Rabbithole](https://millionrounds.com/company/rabbithole)[Rainbow](https://millionrounds.com/company/rainbow)[Rarible](https://millionrounds.com/company/rarible)[Redefine](https://millionrounds.com/company/redefine)[Safe](https://millionrounds.com/company/safe)[Securitize](https://millionrounds.com/company/securitize)[Superstate](https://millionrounds.com/company/superstate)[Teller](https://millionrounds.com/company/teller)[Thedefiant](https://millionrounds.com/company/the-defiant)[Transcrypts](https://millionrounds.com/company/transcrypts)[Wormhole](https://millionrounds.com/company/wormhole)[Zapper](https://millionrounds.com/company/zapper)[Zenledger](https://millionrounds.com/company/zenledger) Alliance Aperture App Aptoslabs Arbitrum Avax Bitwiseinvestments Blerify Bloxroute Charged Circuitandchisel Coredao Dex and 33 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. New fund on file **$16M** raised in Jul 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$8.0M** the round, not its cheque Alone, median **$18M** Led 2 of 87 rounds **2%** - **Sole investor:** 2 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Venture *27* - Seed said *26* - Series A said *10* - Token sale *5* - Series B said *5* - Pre-seed said *-* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Coinbase Ventures](https://millionrounds.com/fund/coinbase) 14 - [GSR](https://millionrounds.com/fund/gsr) 10 - [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) 10 - [Y Combinator](https://millionrounds.com/fund/y-combinator) 10 - [Polychain](https://millionrounds.com/fund/polychain) 9 - [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) 8 **Pitching ParaFi Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as ParaFi Capital. A count of rooms they were both in, not a relationship either has claimed. [**Coinbase Ventures** Corporate VC **14** rounds together](https://millionrounds.com/fund/coinbase)[**GSR** VC firm **10** rounds together](https://millionrounds.com/fund/gsr)[**Multicoin Capital** VC firm **10** rounds together](https://millionrounds.com/fund/multicoin-capital)[**Y Combinator** Accelerator **10** rounds together](https://millionrounds.com/fund/y-combinator)[**Polychain** VC firm **9** rounds together](https://millionrounds.com/fund/polychain)[**Dragonfly Capital Partners** VC firm **8** rounds together](https://millionrounds.com/fund/dragonfly-capital-partners)[**Robot Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/robot-ventures)[**Castle Island Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/castle-island-ventures)[**Digital Currency Group** VC firm **7** rounds together](https://millionrounds.com/fund/digital-currency-group)[**Framework Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/framework-ventures)[**Pantera Capital** VC firm **7** rounds together](https://millionrounds.com/fund/pantera-capital)[**YZi Labs** VC firm **7** rounds together](https://millionrounds.com/fund/yzi-labs) ## Recently backed The latest companies ParaFi Capital put money into. [**Jeeves** $110M · Sept 2026](https://millionrounds.com/company/jeeves)[**Limited** $19M · Sept 2026](https://millionrounds.com/company/limited)[**Birch Hill Holdings** $6.5M · Sept 2026](https://millionrounds.com/company/birch-hill-holdings)[**Centrifuge** May 2026](https://millionrounds.com/company/centrifuge)[**Mezo** $19M · Apr 2026](https://millionrounds.com/company/mezo)[**Fence** $20M · Apr 2026](https://millionrounds.com/company/fence) ## Mentioned on podcasts Episodes that name ParaFi Capital in their description, not their title. - [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 21 Apr 2025 · 59 min Ben Forman – Unlocking Blockchain's Potential (EP.441) With [Ben Forman](https://millionrounds.com/person/ben-forman) Mentions [ParaFi Capital](https://millionrounds.com/fund/parafi) Apple PodcastsShow page - [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 21 Apr 2025 · 1h 14m [REPLAY] Ben Forman – Opportunities in DeFi (EP.256, Crypto for Institutions 2, EP.03) With [Ben Forman](https://millionrounds.com/person/ben-forman) Mentions [ParaFi Capital](https://millionrounds.com/fund/parafi) Apple PodcastsShow page - [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 20 Jun 2022 · 1h 15m Ben Forman – Opportunities in DeFi (EP.256, Crypto for Institutions 2, EP.03) With [Ben Forman](https://millionrounds.com/person/ben-forman) Mentions [ParaFi Capital](https://millionrounds.com/fund/parafi) Apple PodcastsShow page ## Quick answers about ParaFi Capital ### What does ParaFi Capital invest in? ParaFi Capital invests most often at Venture and Seed (73% of the rounds on record), in sectors such as Regtech, Token and Payment. ### How active is ParaFi Capital? 87 investments on record, 19 of them in the last 12 months, and it led 2. The most recent was in Oct 2026. ### What has ParaFi Capital invested in recently? Its most recent investments on record: Birch Hill (Seed, Oct 2026), Jeeves (Series C, Sept 2026) and Limited (Seed, Sept 2026). ### How big are ParaFi Capital's cheques? The median round it joins is $8.0M. ### Does ParaFi Capital lead rounds? Sometimes: it led 2 of its 87 investments on record (2%). ### Where does ParaFi Capital invest? Most of the companies it backs are in the United States (64%), Canada (8%) and Switzerland (6%). ### Is ParaFi Capital investing now? Yes: it is actively investing, with 19 investments in the last 12 months. ### Who does ParaFi Capital invest alongside? Most often Coinbase Ventures (14 rounds together), GSR (10 rounds together) and Multicoin Capital (10 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=parafi) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=parafi)