About Electric Capital
Electric Capital is a venture capital firm founded in 2013. It is primarily based out of Palo Alto, United States. As of Apr 2026, Electric Capital is an active investor, having invested in 103 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of Legend Trade Overall, Electric Capital portfolio has seen 8 unicorns, 3 IPOs and 11 acquisitions including key companies like Kraken, Mysten Labs and Consensys. A lot of funds co-invest with Electric Capital, with names like Coinbase sharing a substantial percentage of its portfolio. Electric Capital has team of 22 people including 8 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Electric Capital's List of Top Investments
Electric Capital has a portfolio of 103 companies, including 8 unicorns. Their most notable investments are in Etherealize and Integral.Their portfolio spans across United States, Switzerland, India and 16 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 12 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Electric Capital:1. Kraken
Provider of a multi-asset trading platform. It is a multi-faceted company offering a range of services including cryptocurrency trading, asset management, and digital marketing solutions.
Key facts about Kraken
- Founded Year: 2011
- Location: Cheyenne (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $866M
- Employee Count: 1,160 as on Jun 30, 2026
- Investors: ADS Ventures, InvestX and 126 Others
- Latest Funding Round: Series D, Jan 20, 2026, $*****
- Highlight: Editors' Pick
2. Mysten Labs
Blockchain platform offering Web3 infrastructure solutions. Its product portfolio includes an open-source wallet packed with features to help developers access, learn, and transact on the Sui network, Sui Explorer for digging into metrics, searching for transactions, Sui name service to register identity, and more. It also offers digital collectibles called SuiFrens.
Key facts about Mysten Labs
- Founded Year: 2021
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $336M
- Employee Count: 208 as on Jun 30, 2026
- Investors: Greenoaks, Scribble Ventures and 42 Others
- Latest Funding Round: Series B, Sep 08, 2022, $*****
- Highlight: Editors' Pick
3. Consensys
Developer of blockchain and web3 software platform. Its product suite includes MetaMask, Infura, Linea, Truffle, Diligence, and an NFT platforms that supports users with building a dApp, an NFT collection, a portfolio, managing digital assets, and more.
Key facts about Consensys
- Founded Year: 2014
- Location: Fort Worth (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $725M
- Employee Count: 742 as on Jun 30, 2026
- Investors: Third Point, Marshall Wace and 58 Others
- Latest Funding Round: Series D, Nov 09, 2022, $*****
- Highlight: Editors' Pick
4. CoinList
App-based trading platform for cryptocurrency. Its features include buying and selling crypto assets, depositing crypto, transferring crypto assets, and more. It also enables users to purchase crypto assets through token sales. The app is available on Android and iOS devices.
Key facts about CoinList
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $119M
- Employee Count: 73 as on Jun 30, 2026
- Investors: Rising Tide Fund, Maven Ventures and 36 Others
- Latest Funding Round: Series A, Oct 26, 2021, $*****
- Highlight: Editors' Pick
5. NEAR
Public blockchain network platform. The solution is a scalable smart contract platform that supports decentralized applications of any kind and enables the developers to build, test, and deploy applications that permissionless handle a wide range of digital assets.
Key facts about NEAR
- Founded Year: 2017
- Location: Zug (Switzerland)
- Stage: Series D
- Total Funding till date: $542M
- Employee Count: 152 as on Jun 30, 2026
- Investors: RAA Capital, Tiger Global Management and 91 Others
- Latest Funding Round: Series D, May 10, 2022, $*****
- Highlight: Editors' Pick
Electric Capital's Year-on-Year Investment Trends
Electric Capital has invested in 103 companies over the last 8 years, with an average of 14 new investments annually in the last 5 years. In 2025, it made 8 investments, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in Legend Trade and most recent follow-on round was in Squads Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 6 | 2 | 8 |
2024 | 20 | 4 | 24 |
2023 | 7 | 3 | 10 |
2022 | 20 | 6 | 26 |
2021 | 32 | 2 | 34 |
2020 | 5 | 1 | 6 |
2019 | 4 | 0 | 4 |
2018 | 4 | 0 | 4 |
Electric Capital's Investments by Stage
Electric Capital has made 45 investments in Seed stage with an average round size of $4.87M, 32 investments in Series A stage with an average round size of $21.2M and 15 investments in Series B stage with an average round size of $27M.Stage of entry | No. of Investments |
|---|---|
Seed | 45 |
Series A | 32 |
Series B | 15 |
Series C | 3 |
Post IPO | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
Electric Capital's Investments by Sector
Electric Capital has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, High Tech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 96 Tech companies, 79 Blockchain companies, 61 Enterprise (B2B) companies and at least 59 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 80 |
FinTech | 62 |
High Tech | 58 |
Blockchain - Industry Applications | 55 |
Enterprise Applications | 23 |
Others | 45 |
Note: We have considered here, only first round of investments
Electric Capital's Investments by Geography
Electric Capital has made most investments in United States (61), followed by Switzerland where it has made 7 investments.Country | No. of Investments |
|---|---|
United States | 61 |
Switzerland | 7 |
India | 6 |
United Kingdom | 5 |
Canada | 2 |
Others | 18 |
Note: We have considered here, only first round of investments
Electric Capital's recent investments
Electric Capital has made 2 investments in 2026 so far - Legend Trade and Squads Labs.Here are the most recent investments by Electric Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 30, 2026 | United States | Seed | 9287 | [+1] | |
Apr 29, 2026 | British Virgin Islands | Series B | 9917 | [+7] | |
Sep 09, 2025 | United States | Series E | 6869 | [+4] | |
Sep 04, 2025 | United States | Series B | 4688 | ||
Aug 16, 2025 | Cayman Islands | Seed | 9127 | [+5] |
Unicorns in Electric Capital's Portfolio
Electric Capital has 8 unicorns in its portfolio - Aven, Monad Labs, Mysten Labs and others. The most recent unicorn in their portfolio is Aven. It became a unicorn in 2024.Here is a list of unicorns in Electric Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
77 | Credit cards backed by home equity for consumers | 2019 | Burlingame | Series E | yxnkxgd | ||
49 | Decentralized, developer forward layer1 smart contract platform | 2022 | New York City | Series A | fpfbtwa | ||
82 | Blockchain platform offering Web3 infrastructure solutions | 2021 | Palo Alto | Series B | uuqebu{ | ||
69 | Online marketplace for non-fungible tokens | 2021 | San Francisco | Series B | bhgc{w{ | ||
68 | Online platform for cross-chain communication for web3 | 2020 | Toronto | Series B | ripzbtj |
IPOs and Publicly Listed companies in Electric Capital's Portfolio
3 of Electric Capital's portfolio companies have become public. Bitwise got listed on the American Stock Exchange (NYSEAMERICAN), in Jan 2024 and 180 Life Sciences got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $130M.Here are Electric Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 11, 2024 | Jun 15, 2021 | Series B | 8845 | |
Jun 27, 2017 | Jul 29, 2025 | Post IPO | 3507 | |
May 21, 1997 | May 26, 2025 | Post IPO | 3070 |
Acquired companies in Electric Capital's Portfolio
11 companies from Electric Capital's portfolio have been acquired. The most recent acquisition was Bitnomial in Apr 2026 by Payward for $*****.Here are Electric Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 17, 2026 | Oct 05, 2020 | Series B | 9998 | |
Nov 25, 2025 | Nov 08, 2022 | Seed | 7485 | |
Jun 11, 2025 | Apr 20, 2022 | Seed | 5544 | |
Mar 12, 2025 | Nov 30, 2021 | Series A | 4729 | |
Feb 21, 2025 | Jul 13, 2021 | Series B | 5225 |
Team profile of Electric Capital
Electric Capital has a team of 22 members including 8 Partners and 3 Principals located in United States. Electric Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Electric Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Stanford | - | - | |
Partner | Atherton | - | ||
Partner | United States | - | ||
Partner | - | - | ||
Partner | Winter Park | - | - | |
Partner | Newport Beach | - | - | |
Partner | San Francisco | - | - | |
Principal | San Francisco | - | ||
Principal | - | - |
Co-investors of Electric Capital
Over the past 8 years, 762 investors have co-invested in Electric Capital's portfolio companies. This includes funds and angels.
- Invested before Electric Capital: Polychain, Naval Ravikant and 152 others have invested in rounds before Electric Capital. There are 6 companies where Polychain has invested before Electric Capital and 5 companies where Naval Ravikant has invested before Electric Capital.
- Top Co-investors of Electric Capital: 391 investors entered a company along with Electric Capital. These include investors like Coinbase (16 companies).
- Invested after Electric Capital: A total of 217 investors have invested in Electric Capital's portfolio after their investments. Top Investors include Coinbase (5 companies), Andreessen Horowitz (4 companies) and Jump Crypto (3 companies).
Recent News related to Electric Capital
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Squads Raises $18M in FundingFinSMEs•Apr 30, 2026•Jump Crypto, Collab+Currency, Haun Ventures, Electric Capital and 4 others
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Squads Raises $18M to Build Business Finance on Stablecoin InfrastructureCNW•Apr 29, 2026•Squads Labs, Solana Ventures, Jump Crypto, Collab+Currency and 7 others
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Solana Sees $540M in Spot ETF Investments from Institutional Investors in Q4Bitcoin Ethereum News•Mar 11, 2026•Electric Capital, Goldman Sachs
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SF Compute, an AI Computing Marketplace, Raises $40 MillionThe Wall Street Journal•Nov 27, 2025•SF Compute, AltInvest Capital Advisors, Electric Capital, DCVC and 1 other
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Fintech Aven raises $110M in Series E, adds Summers, McHenry as advisersHousingWire•Sep 09, 2025•Capital Electric Supply, Aven, Crunchbase, Commonwealth of Massachusetts and 6 others
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Company Focused on Bringing Ethereum to Wall Street Raises $40 MillionCryptocurrency•Sep 04, 2025•Etherealize, Capital Electric Supply, Ethereum Foundation, BlackRock and 5 others
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