About Paradigm
Paradigm is a venture capital firm founded in 2018. It is primarily based out of San Francisco, United States. As of Aug 2026, Paradigm is an active investor, having invested in 144 companies, with 21 new investments in the last 12 months. It primarily invests in Series A 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 Idler Overall, Paradigm portfolio has seen 27 unicorns, 2 IPOs and 15 acquisitions including key companies like Coinbase, Bitso and MoonPay. A lot of funds co-invest with Paradigm, with names like Robvc sharing a substantial percentage of its portfolio. Paradigm has team of 24 people including 8 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio Acquisitions
Portfolio Unicorns
Paradigm's List of Top Investments
Paradigm has a portfolio of 144 companies, including 27 unicorns. Their most notable investments are in Succinct and StarkWare.Their portfolio spans across United States, United Kingdom, Singapore and 22 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 18 other sectors, across stages such as Series A, Seed and 5 more. Here is the list of top investments by Paradigm:
1. 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: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,025 as on Sep 30, 2026
- Investors: Intel, 2020 Ventures and 149 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. Stripe
Provider of financial infrastructure solutions for revenue growth and payment processing. It offers tools designed for individual or combined use to grow businesses. These tools enable payment acceptance and optimisation globally, both online and in person. The company facilitates various billing models and provides access to borderless money movement. It also offers resources for startups and platforms to build and scale their operations.
Key facts about Stripe
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series I
- Total Funding till date: $9.81B
- Employee Count: 16,622 as on Sep 30, 2026
- Investors: Glynn Capital, Silver Lake and 135 Others
- Latest Funding Round: Series I, Apr 08, 2024, $*****
- Highlight: Editors' Pick
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: 884 as on Sep 30, 2026
- Investors: Bond Capital, RAA Capital and 38 Others
- Latest Funding Round: Series C, May 05, 2021, $*****
- Highlight: Editors' Pick
4. MoonPay
Provider of platform for buying, selling, and swapping various cryptocurrencies. The platform facilitates the instant purchase of cryptocurrencies using various payment methods. It also enables users to sell cryptocurrencies directly to their bank accounts or cards. Additionally, the platform offers the ability to send and receive cryptocurrencies.
Key facts about MoonPay
- Founded Year: 2018
- Location: Dover (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $643M
- Employee Count: 477 as on Sep 30, 2026
- Investors: K2 Global, ARTFO Holdings and 81 Others
- Latest Funding Round: Conventional Debt, Mar 21, 2025, $*****
- Highlight: Editors' Pick
5. OpenSea
Blockchain-based web3 marketplace. It enables the creation, buying, selling, and auctioning of non-fungible tokens. It allows users to browse, create, buy, sell, and auction unique digital goods. It provides a platform for creators to showcase their digital art, collectibles, and other unique digital items to a global audience.
Key facts about OpenSea
- Founded Year: 2017
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $427M
- Employee Count: 699 as on Sep 30, 2026
- Investors: Foundation Capital, Y Ventures and 73 Others
- Latest Funding Round: Series C, Jan 04, 2022, $*****
- Highlight: Editors' Pick
Paradigm's Year-on-Year Investment Trends
Paradigm has invested in 144 companies over the last 7 years, with an average of 16 new investments annually in the last 5 years. In 2025, it made 25 investments, while as of Aug 2026, it has made 16 investments in this year. Its most recent first time investment was in Idler and most recent follow-on round was in Kalshi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 15 | 1 | 16 |
2025 | 20 | 5 | 25 |
2024 | 8 | 2 | 10 |
2023 | 9 | 1 | 10 |
2022 | 23 | 6 | 29 |
2021 | 19 | 5 | 24 |
2020 | 5 | 1 | 6 |
2019 | 3 | 0 | 3 |
Paradigm's Investments by Stage
Paradigm has made 42 investments in Series A stage with an average round size of $56.3M, 31 investments in Seed stage with an average round size of $12M and 16 investments in Series B stage with an average round size of $129M.Stage of entry | No. of Investments |
|---|---|
Series A | 42 |
Seed | 31 |
Series B | 16 |
Series C | 6 |
Series D | 5 |
Others | 2 |
Note: We have considered here, only first round of investments
Paradigm's Investments by Sector
Paradigm has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 129 Tech companies, 107 Blockchain companies, 80 Consumer (B2C) companies and at least 76 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 73 |
High Tech | 65 |
FinTech | 64 |
Blockchain - Industry Applications | 59 |
Enterprise Applications | 27 |
Others | 55 |
Note: We have considered here, only first round of investments
Paradigm's Investments by Geography
Paradigm has made most investments in United States (70), followed by United Kingdom where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 70 |
United Kingdom | 5 |
India | 3 |
Singapore | 3 |
China | 2 |
Others | 18 |
Note: We have considered here, only first round of investments
Paradigm's recent investments
Paradigm has made 16 investments in 2026 so far. Idler and Fab2 are the latest among them.Here are the most recent investments by Paradigm:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 21, 2026 | United States | Seed | 7601 | [+6] | |
Aug 21, 2026 | United States | Series A | 8205 | [+6] | |
Jul 08, 2026 | United States | Series C | 2745 | [+3] | |
Jul 06, 2026 | United States | Seed | 2742 | ||
Jun 15, 2026 | Venezuela | Series A | 9119 | [+1] |
Unicorns in Paradigm's Portfolio
Paradigm has 27 unicorns in its portfolio - Nous Research, Fab2, SendCutSend and others. The most recent unicorn in their portfolio is Nous Research. It became a unicorn in 2026, 1 years after Paradigm first invested in it.Here is a list of unicorns in Paradigm's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Developer of human-centric language models and simulators | 2023 | New York City | Series B | niuvwef | ||
43 | Manufacturer of semiconductor fabrication equipment and integrated circuit design software | - | San Francisco | Series A | gpluagd | ||
54 | Provider of custom sheet metal fabrication services | 2018 | Reno | Series D | nifosma | ||
62 | Developer of materials and products for space solutions | 2022 | Centennial | Series D | dqmekfh | ||
35 | Provider of high-performance computing resources for training and inference tasks | - | - | Series A | dgccngt |
IPOs and Publicly Listed companies in Paradigm's Portfolio
2 of Paradigm's portfolio companies have become public. Coinbase got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2021 at marketcap of $28.7B and Adeia got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Paradigm's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 14, 2021 | - | - | 9707 | |
Dec 15, 2003 | Aug 17, 2022 | Post IPO | 9479 |
Acquired companies in Paradigm's Portfolio
15 companies from Paradigm's portfolio have been acquired. The most recent acquisition was Genesis Digital Assets in Jun 2026 by SWI for $*****.Here are Paradigm's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2026 | Sep 22, 2021 | Series D | 8184 | |
Jan 21, 2026 | May 21, 2024 | Series A | 2831 | |
Jul 11, 2025 | Feb 03, 2021 | Series A | 1615 | |
Jun 11, 2025 | Nov 21, 2023 | Series A | 8021 | |
Feb 11, 2025 | Apr 15, 2020 | Series A | 8543 |
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Team profile of Paradigm
Paradigm has a team of 24 members including 8 Partners, 1 Venture Partner and 4 Principals located in United States and Canada. Paradigm's team sits on the board of 1 company.Here is a list of top team members in Paradigm:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | United States | - | - | |
Partner | United States | |||
Partner | - | - | ||
Partner | United States | - | - | |
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Venture Partner | Canada | - | - | |
Principal | United States | - | ||
Principal | United States | - |
Co-investors of Paradigm
Over the past 7 years, 887 investors have co-invested in Paradigm's portfolio companies. This includes funds and angels.
- Invested before Paradigm: Coinbase, Andreessen Horowitz and 354 others have invested in rounds before Paradigm. There are 9 companies where Coinbase has invested before Paradigm and 7 companies where Andreessen Horowitz has invested before Paradigm.
- Top Co-investors of Paradigm: 314 investors entered a company along with Paradigm. These include investors like Robvc (10 companies).
- Invested after Paradigm: A total of 217 investors have invested in Paradigm's portfolio after their investments. Top Investors include Coinbase (10 companies), Andreessen Horowitz (5 companies) and Coatue (4 companies).
Recent News related to Paradigm
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Huang Licheng: Plans to acquire Friend.tech for US$1 million and restart the project through community takeoverPANews•Aug 27, 2026•Paradigm
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idler Raises $9M in Seed Funding Led by Paradigm to Scale AI Evaluation PlatformThe SaaS News•Aug 24, 2026•Idler, Paradigm
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Kalshi in Talks with Sequoia, Wellington for $750 Million Funding Round at $40 Billion ValuationBitcoin Ethereum News•Aug 13, 2026•Sequoia Capital, Kalshi, ARK Investment Management, Morgan Stanley and 8 others
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Antares Raises $470M Series C to Deploy Nuclear Microreactors for Critical MissionsTMC•Jul 27, 2026•Antares Industries, Paradigm
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Antares Nuclear Raises $470 Million for Military Base ReactorsCryptocurrency•Jul 27, 2026•Caffeinated, Antares Industries, Paradigm
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Crypto focused Venture Firm Paradigm Leads Seed Investment in M1X Global to Expand Tokenized Sovereign Debt CapabilitiesCrowdfund Insider•Jul 08, 2026•M1x, Paradigm, Breed
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Paradigm Raises $1.2 Billion for AI and Robotics Investments, Shifting From CryptoPYMNTS.com•Jul 08, 2026•Paradigm
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M1X Global Raises $5.5M Seed Funding Led by Paradigm for Tokenized Sovereign Debt PlatformThe SaaS News•Jul 07, 2026•M1x, Paradigm
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Paradigm leads $9 million round in LatAm payments app El DoradoCryptocurrency•Jun 15, 2026•Paradigm, Eldorado, Verda Ventures, Coinbase and 5 others
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Morpho Raises $175M in FundingFinSMEs•Jun 09, 2026•Morpho, Paradigm, Andreessen Horowitz, Binance and 14 others
