About Pantera Capital
Pantera Capital is a venture capital firm founded in 2003. It is primarily based out of San Francisco, United States. As of Apr 2026, Pantera Capital is an active investor, having invested in 278 companies, with 32 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 $***** Series A round of Four Pillars Overall, Pantera Capital portfolio has seen 17 unicorns, 16 IPOs and 26 acquisitions including key companies like Circle, Coinbase and Bitso. A lot of funds co-invest with Pantera Capital, with names like Coinbase sharing a substantial percentage of its portfolio. Pantera Capital has team of 52 people including 17 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Deals in last 12 months
Pantera Capital's List of Top Investments
Pantera Capital has a portfolio of 278 companies, including 17 unicorns. Their most notable investments are in EDX and DODO.Their portfolio spans across United States, United Kingdom, Singapore and 36 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 20 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Pantera Capital:1. Circle
Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.
Key facts about Circle
- Founded Year: 2013
- Location: Boston (United States)
- Stage: Public
- Total Funding till date: $1.5B
- Employee Count: 1,449 as on Apr 30, 2026
- Investors: Fidelity Investments, 2020 Ventures and 51 Others
- Latest Funding Round: Series E, Aug 22, 2023, $*****
- Highlight: Public
2. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $7.18B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,494 as on Apr 30, 2026
- Investors: TrueBridge, Intel and 142 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
3. Bitso
Online trading and exchange platform for cryptocurrency. The platform enables users to buy and sell digital currencies through app-based and web platforms. It supports a wide range of digital currencies including Ripple, Bitcoin, Ether, XRP, Litecoin among others. It also provides market analysis charts and insights as a reference to the trader. The app is available on iOS and Android devices.
Key facts about Bitso
- Founded Year: 2014
- Location: Mexico City (Mexico)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $331M
- Employee Count: 749 as on Apr 30, 2026
- Investors: Bond Capital, Tiger Global Management and 35 Others
- Latest Funding Round: Series C, May 05, 2021, $*****
- Highlight: Editors' Pick
4. Ripple
Provider of blockchain and digital asset solutions for financial institutions. The company offers payments, custody, and stablecoin solutions. These solutions enable the integration of blockchain and digital assets. The company aims to provide a simple, secure, and compliant way to modernize financial infrastructure.
Key facts about Ripple
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $853M
- Employee Count: 2,102 as on Apr 30, 2026
- Investors: Kaplan Group Investments, 2020 Ventures and 102 Others
- Latest Funding Round: Conventional Debt, May 11, 2026, $*****
- Highlight: Editors' Pick
5. Coins.ph
Coins.ph is a digital wallet for Bitcoin assets. Allows users to transfer cash, bill payments, and phone recharge. It enables merchants to accept payments for multiple goods and services. It also facilitates buying and selling of Bitcoins.
Key facts about Coins.ph
- Founded Year: 2014
- Location: Pasig (Philippines)
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 386 as on Apr 30, 2026
- Investors: Naspers, Ribbit Capital and 15 Others
- Latest Funding Round: Series C, May 19, 2022, $*****
- Highlight: Acquired
Pantera Capital's Year-on-Year Investment Trends
Pantera Capital has invested in 278 companies over the last 13 years, with an average of 18 new investments annually in the last 10 years. In 2025, it made 36 investments, while as of Apr 2026, it has made 7 investments in this year. Its most recent first time investment was in Four Pillars and most recent follow-on round was in Nitra.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 1 | 7 |
2025 | 34 | 2 | 36 |
2024 | 21 | 3 | 24 |
2023 | 14 | 3 | 17 |
2022 | 41 | 9 | 50 |
2021 | 27 | 13 | 40 |
2020 | 10 | 4 | 14 |
2019 | 10 | 1 | 11 |
2018 | 15 | 3 | 18 |
2017 | 4 | 1 | 5 |
Pantera Capital's Investments by Stage
Pantera Capital has made 86 investments in Seed stage with an average round size of $9.54M, 78 investments in Series A stage with an average round size of $20.9M and 19 investments in Series B stage with an average round size of $39.4M.Stage of entry | No. of Investments |
|---|---|
Seed | 86 |
Series A | 78 |
Series B | 19 |
Post IPO | 10 |
Series D | 6 |
Others | 2 |
Note: We have considered here, only first round of investments
Pantera Capital's Investments by Sector
Pantera Capital has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech, Blockchain - Industry Applications, High Tech and Enterprise Applications. Notably, it has invested in 258 Tech companies, 216 Blockchain companies, 160 Enterprise (B2B) companies and at least 152 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 156 |
FinTech | 132 |
Blockchain - Industry Applications | 128 |
High Tech | 117 |
Enterprise Applications | 53 |
Others | 119 |
Note: We have considered here, only first round of investments
Pantera Capital's Investments by Geography
Pantera Capital has made most investments in United States (111), followed by United Kingdom where it has made 12 investments.Country | No. of Investments |
|---|---|
United States | 111 |
United Kingdom | 12 |
Singapore | 10 |
China | 7 |
India | 7 |
Others | 53 |
Note: We have considered here, only first round of investments
Pantera Capital's recent investments
Pantera Capital has made 7 investments in 2026 so far. Four Pillars and OpenFX are the latest among them.Here are the most recent investments by Pantera Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 27, 2026 | South Korea | Series A | 9853 | ||
Mar 31, 2026 | United States | Series A | 5958 | [+3] | |
Mar 10, 2026 | United States | Series B | 2389 | [+15] | |
Feb 23, 2026 | United States | Series A | 7082 | [+2] | |
Feb 18, 2026 | United States | Series B | 3611 | [+7] |
Unicorns in Pantera Capital's Portfolio
Pantera Capital has 17 unicorns in its portfolio - TOP, Zama, Humanity Protocol and others. The most recent unicorn in their portfolio is TOP. It became a unicorn in 2025.Here is a list of unicorns in Pantera Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Developer of Web3 infrastructure and applications on the TON Blockchain | 2022 | Dubai | Series A | ivrhoko | ||
49 | Developer of protocol enabling confidential smart contracts on any blockchain | 2019 | Paris | Series B | tywbaup | ||
57 | Developer of a decentralized identity blockchain protocol | 2023 | Hong Kong | Seed | wuyeihy | ||
45 | Applied research lab building internet-native economic infrastructure | 2021 | Palo Alto | Series A | ryedmhz | ||
64 | Blockchain Research & Development Organization | 2020 | - | Series B | hxqtcdu |
IPOs and Publicly Listed companies in Pantera Capital's Portfolio
16 of Pantera Capital's portfolio companies have become public. BitGo got listed on the New York Stock Exchange (NYSE), in Jan 2026 at marketcap of $1.92B and Circle got listed on the New York Stock Exchange (NYSE) at marketcap of $6.22B.Here are Pantera Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 22, 2026 | - | - | 2273 | |
Jun 05, 2025 | - | - | 8563 | |
Mar 13, 2025 | Jul 04, 2025 | Post IPO | 2388 | |
Apr 26, 2024 | Sep 02, 2025 | Post IPO | 1850 | |
Jul 25, 2023 | Apr 08, 2025 | Post IPO | 1546 |
Acquired companies in Pantera Capital's Portfolio
26 companies from Pantera Capital's portfolio have been acquired. The most recent acquisition was Gamee in Mar 2026 by AlphaTON Capital for $*****.Here are Pantera Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 19, 2026 | Aug 18, 2024 | Seed | 7549 | |
Feb 13, 2026 | Aug 25, 2014 | Series A | 4499 | |
Jan 13, 2026 | May 01, 2020 | Series A | 9975 | |
Nov 25, 2025 | Nov 08, 2022 | Seed | 9410 | |
Jul 03, 2024 | Jan 17, 2018 | Series A | 8335 |
Team profile of Pantera Capital
Pantera Capital has a team of 52 members including 17 Partners and 12 Principals. Pantera Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Pantera Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
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Co-investors of Pantera Capital
Over the past 13 years, 1495 investors have co-invested in Pantera Capital's portfolio companies. This includes funds and angels.
- Invested before Pantera Capital: Coinbase, Digital Currency Group and 399 others have invested in rounds before Pantera Capital. There are 7 companies where Coinbase has invested before Pantera Capital and 6 companies where Digital Currency Group has invested before Pantera Capital.
- Top Co-investors of Pantera Capital: 751 investors entered a company along with Pantera Capital. These include investors like Coinbase (28 companies).
- Invested after Pantera Capital: A total of 343 investors have invested in Pantera Capital's portfolio after their investments. Top Investors include Coinbase (7 companies), Alameda Research (7 companies) and Tiger Global Management (6 companies).
Recent News related to Pantera Capital
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Rialo Testnet Launches; Elastics and Saturn Announce Seed FundingKuCoin•May 10, 2026•Pantera Capital, Rialo
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KB Financial partners with Pantera Capital to advance blockchain strategyKorea Herald•May 03, 2026•Pantera Capital,
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Pantera Capital Urges Satsuma to Liquidate Bitcoin After Shares CrashCoinDesk•Apr 23, 2026•Pantera Capital
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FX payments startup OpenFX raises $94 million from Accel, othersViestories•Apr 01, 2026•OpenFX, M13 Company, Pantera Capital, Lightspeed Venture Partners and 4 others
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Eightco Holdings raises $270M in Sept 2025 placementBitcoin Ethereum News•Mar 14, 2026•Eightco, BitMine, World Fund, GSR Ventures and 5 others
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Nitra Secures $187 Million to Automate Healthcare Practice OperationsPYMNTS.com•Mar 10, 2026•Nitra, Dunamu, Actions Capital, Avenue Capital Group and 6 others
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Novig Raises $75M to Replace Traditional Sportsbook with Peer-to-Peer ExchangeAlleyWatch•Mar 06, 2026•Novig, Pantera Capital, Perceptive Ventures, Novig and 5 others
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Based Raises $11.5 Million Series A Led by PanteraThe Daily Hodl•Feb 23, 2026•Karatage, Wintermute, Pantera, Coinbase and 4 others
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Finance Novig Raises $75M Series B to Build a Trader-First Sports Prediction MarketBitcoin Ethereum News•Feb 18, 2026•Pantera Capital, Novig, Novig, Multicoin Capital and 6 others
