# Avichal Garg at Electric Capital

> Avichal Garg, General Partner, Co-Founder at Electric Capital. 5 investments on record. The rounds they were named in and the filings that name them, each...

Source: https://millionrounds.com/person/avichal-garg (Millionrounds; every figure on the page links to its filing or article)

Stanford, US · Partner

# Avichal Garg

General Partner, Co-Founder at [Electric Capital](https://millionrounds.com/fund/electric-capital)

Latest rounds

- **Cloosiv** Round · $1M Oct 2019
- **Rare Bits** Series A · $6M Apr 2018
- **Bitwise** Seed · $4M Dec 2017

Backs *Fintech* *DevOps* *Food & Beverage* *Big Data & Analytics*

Profile summary

- **Rounds named:** 5 last Oct 2019
- **Filings:** 12 with regulators
- **Podcasts:** 6 +5 mentions

What this record rests on

- ✓ **Named in rounds** 5 rounds name them
- ✓ **On filings** 12 filings with a regulator
- ✓ **Linked to a firm** At Electric Capital
- **Claimed** Not claimed yet

Titles come from filings their firm signed.

[Correct or remove](https://millionrounds.com/corrections?person=avichal-garg)[Is this you? Claim it](https://millionrounds.com/claim?person=avichal-garg)

## The firm

[**Electric Capital** VC firm · US **8** cheques in 12 months **81** all time **0** led deploying](https://millionrounds.com/fund/electric-capital)

## Rounds they were named in

- **Rounds:** 5
- **Led:** 0
- **Disclosed:** $14.2M
- **Active:** 2010–19

2019

- [Cloosiv](https://millionrounds.com/company/cloosiv) *Round* **$1M** *US* Oct 2019 Joined · +5 investors

2018

- [Rare Bits](https://millionrounds.com/company/rare-bits) *Series A* **$6M** *US* Apr 2018 Joined · +9 investors

2017

- [Bitwise](https://millionrounds.com/company/bitwise) *Seed* **$4M** *US* Dec 2017 Joined · +9 investors

2015

- [Pachyderm](https://millionrounds.com/company/pachyderm) *Seed* **$2M** *US* Jun 2015 Joined · +11 investors · historical

2010

- [Optimizely](https://millionrounds.com/company/optimizely) *Seed* **$1.2M** *US* Mar 2010 Joined · +20 investors · historical

By stage

- Seed **3**
- Round **1**
- Series A **1**

What they backed

Fintech **2** DevOps **1** Food & Beverage **1** Big Data & Analytics **1** Martech **1** Web3 & Crypto **1**

Alongside

- [Caffeinated Capital *2*](https://millionrounds.com/fund/caffeinated-capital)
- [Elad Gil *2*](https://millionrounds.com/fund/elad-gil)
- [Naval Ravikant *2*](https://millionrounds.com/fund/naval-ravikant)
- [Paul Buchheit *2*](https://millionrounds.com/fund/paul-buchheit)
- [ACE & Company *1*](https://millionrounds.com/fund/ace-and-company)
- Adam Ludwin *1*
- [Adam Nash *1*](https://millionrounds.com/fund/adam-nash)
- [Aditya Agarwal *1*](https://millionrounds.com/fund/aditya-agarwal)

Rounds where a report named this person rather than a firm, matched on name: read it as a strong hint, not proof, since people share names.

## Companies they are listed as backing

Portfolio

- [Boom Supersonic](https://millionrounds.com/company/boom-supersonic)
- [Cambly](https://millionrounds.com/startup/cambly-inc)
- [Casetext](https://millionrounds.com/company/casetext)
- [Celo](https://millionrounds.com/company/celo)
- [Clay](https://millionrounds.com/company/clay)
- [Cloosiv](https://millionrounds.com/company/cloosiv)
- [Color](https://millionrounds.com/startup/color)
- [Cruise](https://millionrounds.com/company/cruise)
- [CryptoKitties](https://millionrounds.com/company/cryptokitties)
- [DIRT Protocol](https://millionrounds.com/startup/dirt-protocol)
- [Deel](https://millionrounds.com/company/deel)
- [Distru](https://millionrounds.com/startup/distru)
- [Empower](https://millionrounds.com/startup/empower-8)
- [Geneva](https://millionrounds.com/startup/geneva)
- [Guilded](https://millionrounds.com/startup/guilded)
- [Instawork](https://millionrounds.com/company/instawork)
- [Magic Eden](https://millionrounds.com/startup/magic-eden-2)
- [Marlin](https://millionrounds.com/startup/marlin-2)
- [Mashgin](https://millionrounds.com/startup/mashgin)
- [Material Security](https://millionrounds.com/startup/material-security)
- [NoRedInk](https://millionrounds.com/startup/noredink)
- [Odeko](https://millionrounds.com/company/odeko)
- [OpenSea](https://millionrounds.com/company/opensea)
- [Pulley](https://millionrounds.com/startup/pulley)
- [Setter](https://millionrounds.com/startup/setter-2)
- [Starsky Robotics](https://millionrounds.com/company/starsky-robotics)
- [Syndicate](https://millionrounds.com/startup/syndicate)
- [Zeta Markets](https://millionrounds.com/startup/zeta-markets)
- [dYdX](https://millionrounds.com/company/dydx)
- Integral Treasury
- Pachyderm
- Sublime Finance

## Where they are named on record

Filings

- SEC Form D · Venture Capital fund **[ECP O13](https://millionrounds.com/fund/ecp-o13)** Managing Member of the Managing Member since 2026
- SEC Form D · Venture Capital fund **[ECP O12](https://millionrounds.com/fund/ecp-o12)** Managing Member of the Managing Member since 2025
- SEC Form D · Venture Capital fund **[ECP O10](https://millionrounds.com/fund/ecp-o10)** Managing Member of the Managing Member since 2025
- SEC Form D · Venture Capital fund **[ECP O11](https://millionrounds.com/fund/ecp-o11)** Managing Member of the Managing Member since 2025
- SEC Form D · Venture Capital fund **[ECP O9](https://millionrounds.com/fund/ecp-o9)** Managing Member of the Managing Member since 2024
- SEC Form D · Venture Capital fund **[ECP O8](https://millionrounds.com/fund/ecp-o8)** Managing Member of the Managing Member since 2024
- SEC Form D · Venture Capital fund **[ECP O2](https://millionrounds.com/fund/ecp-o2)** Managing Member of the Managing Member since 2023
- SEC Form D · Venture Capital fund **[ECP Opportunities C1](https://millionrounds.com/fund/ecp-opportunities-c1)** Managing Member of the Managing Member since 2023
- SEC Form D · Venture Capital fund **[Electric Capital](https://millionrounds.com/fund/electric-capital)** Managing Member of the Managing Member on 3 filings · since 2021
- SEC Form D · Venture Capital fund **[ATAG](https://millionrounds.com/fund/atag)** Managing Member of the Managing Member on 2 filings · since 2020
- SEC Form D · Venture Capital fund **[Electric Capital](https://millionrounds.com/fund/electric-capital)** Managing Member of the General Partner on 11 filings · since 2019
- SEC Form D · Venture Capital fund **[Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital)** Managing Member of the General Partner on 3 filings · since 2016

Each row is a document a firm filed with a regulator: somebody signed it, and it carries a date.

## Also at Electric Capital

- [**Akash Garg** Advisor *2 rounds*](https://millionrounds.com/person/akash-garg)
- [**Ken Deeter** General Partner *1 round*](https://millionrounds.com/person/ken-deeter)
- [**Sanjay Shah** Investor *1 round*](https://millionrounds.com/person/sanjay-shah)
- [**Curtis Spencer** General Partner, Co-Founder *0 rounds*](https://millionrounds.com/person/curtis-spencer)
- [**Jim Bai** Investor at Electric Capital *0 rounds*](https://millionrounds.com/person/jim-bai)
- [**Maria Shen** General Partner *0 rounds*](https://millionrounds.com/person/maria-shen)
- [**Mitchell Hammer** Head of Founder & Portfolio Growth *0 rounds*](https://millionrounds.com/person/mitchell-hammer)

## Hear them before you pitch them

- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) · 4 Aug 2022 · 55 min Avichal Garg – Programmer-Centric Crypto Investing at Electric (Manager Meetings, EP.34) With [Avichal Garg](https://millionrounds.com/person/avichal-garg) Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital)[Google](https://millionrounds.com/fund/google-assistant-investments)[Adam Blitz](https://millionrounds.com/person/adam-blitz) About this episode On today's Manager Meeting, Maneesh Gandhi sits down with Avichal Garg. Maneesh is a Partner at Evanston Capital, a $4.5 billion hedge fund of funds, whose CIO Adam Blitz was a past guest on Capital Allocators. Avichal is the Co-Founder of Electric Capital, an early-stage venture firm focused on… More on the show's page Listen on Apple PodcastsThe show's page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) · 26 Jul 2022 · 59 min Web 3 Series: The Trillion Dollar Opportunity to Reshape Money with Avichal Garg With [Avichal Garg](https://millionrounds.com/person/avichal-garg) Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital) About this episode Avichal Garg (@avichal), founder of Electric Capital, joins Erik on this episode. Takeaways: - Downturns impact large companies much more than founders and early stage investors because the companies are so small relative to their total addressable market. - Managing your own psychology in a… More on the show's page Listen on Apple PodcastsThe show's page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) · 11 Apr 2022 · 57 min 20VC: Why Crypto is Software Eating Money, Why Crypto Firms Will Outcompete Traditional Venture Firms, How To Price Tokens and When To Have Them, DAOs: How Are They Structured and What Makes One Successful with Avichal Garg, Co-Founder @ Electric Capital With [Avichal Garg](https://millionrounds.com/person/avichal-garg) Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital)[Katie Haun](https://millionrounds.com/person/katie-haun) About this episode Avichal Garg is Co-Founder & Partner @ Electric Capital, last month Electric announced they had raised $1BN for their new fund making them one of the largest independent and crypto-native VC firms in the world. As for Avichal, prior to Electric, he was an investor in crypto projects such as… More on the show's page Listen on Apple PodcastsThe show's page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) · 14 Dec 2020 · 43 min 261. The Intersection of Crypto and VC, and the Future of Digital Currency (Avichal Garg) With [Avichal Garg](https://millionrounds.com/person/avichal-garg) Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital) About this episode Avichal Garg of Electric Capital joins Nick to discuss The Intersection of Crypto and VC and the Future of Digital Currency. In this episode, we cover: Walk us through your background and path to VC What's the thesis at Electric Capital? How does the crypto focus change the fund structure of… More on the show's page Listen on Apple PodcastsThe show's page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) · 3 Dec 2020 · 50 min The State and Future of Crypto in 2020 with Avichal Garg With [Avichal Garg](https://millionrounds.com/person/avichal-garg) Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital) About this episode Avichal Garg (@avichal), Managing Partner at Electric Capital, joins Erik on this episode. They discuss: - How he came to be running Electric Capital. - Their perspective and thesis. - What’s newly possible with computers able to own money. - Why price fluctuations happen with Bitcoin. - What… More on the show's page Listen on Apple PodcastsThe show's page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) · 31 Aug 2018 · 37 min Crypto Stories: A Primer on Privacy Coins with Elena Nadolinski and Avichal Garg With [Avichal Garg](https://millionrounds.com/person/avichal-garg) Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital)[Brett Bolkowy](https://millionrounds.com/person/brett-bolkowy) About this episode Elena Nadolinski (@leanthebean), an engineer interested in the privacy space, and Avichal Garg (@avichal), Managing Partner at Electric Capital, join Erik on this episode to discuss privacy coins. They break down what a privacy coin is and why privacy is important in crypto. They talk about the… More on the show's page Listen on Apple PodcastsThe show's page

### Mentioned in

Episodes that name Avichal Garg in their description, which is not the same as being on them.

- [How I Invest](https://millionrounds.com/podcasts/how-i-invest) · 31 Oct 2025 · 1h 4m E233: Why Stablecoins Could Rewrite Global Finance, Faster Than Anyone Thinks Mentions [Electric Capital](https://millionrounds.com/fund/electric-capital)[Google](https://millionrounds.com/fund/google-assistant-investments)[Avichal Garg](https://millionrounds.com/person/avichal-garg) About this episode What happens when an investor treats crypto like software infrastructure, not speculation? In this episode, I sit down with Avichal Garg, Co-Founder and Managing Partner of Electric Capital, to unpack the evolution of crypto investing, from speculative hype cycles to infrastructure that powers the… More on the show's page Listen on Apple PodcastsThe show's page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) · 6 Jun 2022 · 47 min 20VC: Why DAOs Will Replace Venture Capital, What Existing Incumbent Venture Firms Can Do To Survive, The Biggest Challenges Facing New DAOs Today and Whether Web3 Will Bring More or Less Income Inequality Mentions [Citi Ventures](https://millionrounds.com/fund/citi-ventures)[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins)[Avichal Garg](https://millionrounds.com/person/avichal-garg)[Ian Lee](https://millionrounds.com/person/ian-lee) About this episode Ian Lee is the Co-Founder of Syndicate, a web3 startup that has raised over $28M from a16z, Kleiner Perkins, IDEO, and 300+ investors. Previously, Ian was Managing Partner of IDEO CoLab Ventures, a crypto venture fund backed by IDEO focused on web3, crypto, and blockchain startups. From… More on the show's page Listen on Apple PodcastsThe show's page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) · 12 Aug 2021 · 9 min Investor Stories 205: Why I Passed (Warner, Torenberg, Garg, Grayson & Holt) Mentions [Avichal Garg](https://millionrounds.com/person/avichal-garg)[Dayna Grayson](https://millionrounds.com/person/dayna-grayson)[Erik Torenberg](https://millionrounds.com/person/erik-torenberg)[Rachel Holt](https://millionrounds.com/person/rachel-holt) About this episode On this special segment of The Full Ratchet, the following Investors are featured: Check Warner Dayna Grayson & Rachel Holt Erik Torenberg Avichal Garg Each investor highlights a situation where they decided not to invest, why they passed, and how it played out. Did you miss our guests full… More on the show's page Listen on Apple PodcastsThe show's page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) · 27 May 2021 · 11 min Investor Stories 194: Post Mortems (Hsu, Bannister, Garg, Iheagwam) Mentions [Avichal Garg](https://millionrounds.com/person/avichal-garg)[Janet Bannister](https://millionrounds.com/person/janet-bannister)[Jonathan Hsu](https://millionrounds.com/person/jonathan-hsu)[Simeon Iheagwam](https://millionrounds.com/person/simeon-iheagwam) About this episode On this special segment of The Full Ratchet, the following Investors are featured: Jonathan Hsu Janet Bannister Avichal Garg Simeon Iheagwam Each investor discusses a portfolio company that did not survive and why it was that they failed. More on the show's page Listen on Apple PodcastsThe show's page
- [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) · 4 Feb 2021 · 14 min Investor Stories 178: Strange & Unusual (Dubugras, Douglass, Clarkson, Garg) Mentions [Avichal Garg](https://millionrounds.com/person/avichal-garg)[Henrique Dubugras](https://millionrounds.com/person/henrique-dubugras)[Jim Douglass](https://millionrounds.com/person/jim-douglass) About this episode On this special segment of The Full Ratchet, the following Investors are featured: Henrique Dubugras Jim Douglass Beezer Clarkson Avichal Garg Each investor describes the most unusual situation or pitch that they've encountered as an investor. More on the show's page Listen on Apple PodcastsThe show's page

Episodes of [the shows we follow](https://millionrounds.com/podcasts), matched by name. Not them? [Tell us](https://millionrounds.com/corrections?person=avichal-garg).

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