About Paradigm
Paradigm is a venture capital firm founded in 2018. It is primarily based out of San Francisco, United States. As of Mar 2026, Paradigm is an active investor, having invested in 108 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 $***** Series H round of Zipline Overall, Paradigm portfolio has seen 19 unicorns, 2 IPOs and 10 acquisitions including key companies like Coinbase, MoonPay and Uniswap. A lot of funds co-invest with Paradigm, with names like Robvc sharing a substantial percentage of its portfolio. Paradigm has team of 41 people including 14 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio Unicorns
Paradigm's List of Top Investments
Paradigm has a portfolio of 108 companies, including 19 unicorns. Their most notable investments are in Praxisnation and Succinct.Their portfolio spans across United States, Singapore, United Kingdom and 16 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 14 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: $271M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,482 as on Mar 31, 2026
- Investors: TrueBridge, Wellington and 142 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. 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
3. Uniswap
Provider of a decentralized exchange platform for cryptocurrency. It offers state-of-the-art open-source apps to access the uni swap protocol. It empowers developers, liquidity providers, and traders to participate in a financial marketplace. It offers a protocol for creating liquidity and trading ERC-20 tokens on Ethereum.
Key facts about Uniswap
- Founded Year: 2018
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $176M
- Employee Count: 255 as on Mar 31, 2026
- Investors: 2020 Ventures, Hanover Capital and 50 Others
- Latest Funding Round: Series B, Oct 13, 2022, $*****
- Highlight: Editors' Pick
4. 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: 724 as on Mar 31, 2026
- Investors: Y Ventures, Coatue and 72 Others
- Latest Funding Round: Series C, Jan 04, 2022, $*****
- Highlight: Editors' Pick
5. BlockFi
Online platform for trading, crypto-backed loans, interest accounts, and wallets. The platform tracks all the historical transaction details and assists in tax reporting. It also offers solutions for miners, exchanges, and Crypto ATMs. Its app is available for Android and iOS users.
Key facts about BlockFi
- Founded Year: 2017
- Location: Jersey City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $466M
- Employee Count: 173 as on Mar 31, 2026
- Investors: Fidelity Investments, Bain Capital Ventures and 64 Others
- Latest Funding Round: Conventional Debt, Jun 22, 2022, $*****
- Highlight: Acquired
Paradigm's Year-on-Year Investment Trends
Paradigm has invested in 108 companies over the last 7 years, with an average of 15 new investments annually in the last 5 years. In 2025, it made 25 investments, while as of Mar 2026, it has made 4 investments in this year. Its most recent first time investment was in Zipline and most recent follow-on round was in Kalshi.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 20 | 5 | 25 |
2024 | 8 | 2 | 10 |
2023 | 8 | 1 | 9 |
2022 | 23 | 6 | 29 |
2021 | 19 | 5 | 24 |
2020 | 5 | 1 | 6 |
2019 | 3 | 0 | 3 |
Paradigm's Investments by Stage
Paradigm has made 39 investments in Series A stage with an average round size of $45.4M, 26 investments in Seed stage with an average round size of $13.1M and 16 investments in Series B stage with an average round size of $129M.Stage of entry | No. of Investments |
|---|---|
Series A | 39 |
Seed | 26 |
Series B | 16 |
Series C | 4 |
Series D | 3 |
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 97 Tech companies, 81 Blockchain companies, 59 Consumer (B2C) companies and at least 59 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 66 |
High Tech | 57 |
FinTech | 55 |
Blockchain - Industry Applications | 50 |
Enterprise Applications | 22 |
Others | 51 |
Note: We have considered here, only first round of investments
Paradigm's Investments by Geography
Paradigm has made most investments in United States (63), followed by United Kingdom where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 63 |
United Kingdom | 5 |
India | 4 |
Singapore | 3 |
China | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
Paradigm's recent investments
Paradigm has made 4 investments in 2026 so far. Zipline and Andromeda are the latest among them.Here are the most recent investments by Paradigm:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 23, 2026 | United States | Series H | 8181 | [+3] | |
Mar 18, 2026 | - | Series A | 2473 | - | |
Mar 09, 2026 | United States | Seed | 4109 | [+8] | |
Jan 27, 2026 | United States | Series C | 5979 | [+5] | |
Dec 09, 2025 | United States | Series A | 9174 | - |
Unicorns in Paradigm's Portfolio
Paradigm has 19 unicorns in its portfolio - Harmonic, Monad Labs, Flashbots and others. The most recent unicorn in their portfolio is Harmonic. It became a unicorn in 2025.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 |
|---|---|---|---|---|---|---|---|
64 | Developer of state-of-the-art mathematics AI models | 2023 | Palo Alto | Series C | lzccbpo | ||
50 | Decentralized, developer forward layer1 smart contract platform | 2022 | New York City | Series A | oeisley | ||
64 | Blockchain Research & Development Organization | 2020 | - | Series B | {ovgdlc | ||
80 | Provider of a decentralized exchange platform for cryptocurrency | 2018 | New York City | Series B | aseigcl | ||
38 | AI-based platform for trading in multiple assets | 2017 | Tallinn | Series B | sxu{dix |
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 | - | - | 3337 | |
Dec 15, 2003 | Aug 17, 2022 | Post IPO | 1153 |
Acquired companies in Paradigm's Portfolio
10 companies from Paradigm's portfolio have been acquired. The most recent acquisition were Farcaster in Jan 2026 by Neynar.Here are Paradigm's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 21, 2026 | May 21, 2024 | Series A | 1311 | |
Jul 11, 2025 | Feb 03, 2021 | Series A | 6334 | |
Jun 11, 2025 | Nov 21, 2023 | Series A | 5910 | |
Feb 11, 2025 | Apr 15, 2020 | Series A | 7697 | |
Nov 13, 2024 | May 20, 2022 | Series A | 9029 |
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Team profile of Paradigm
Paradigm has a team of 41 members including 14 Partners, 1 Venture Partner and 9 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 | United States | - | - | |
Partner | United States | - | - | |
Partner | United States | |||
Partner | United States | - | - | |
Partner | - | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Partner | United States | - | - |
Co-investors of Paradigm
Over the past 7 years, 814 investors have co-invested in Paradigm's portfolio companies. This includes funds and angels.
- Invested before Paradigm: Coinbase, Andreessen Horowitz and 316 others have invested in rounds before Paradigm. There are 7 companies where Coinbase has invested before Paradigm and 6 companies where Andreessen Horowitz has invested before Paradigm.
- Top Co-investors of Paradigm: 289 investors entered a company along with Paradigm. These include investors like Robvc (10 companies).
- Invested after Paradigm: A total of 207 investors have invested in Paradigm's portfolio after their investments. Top Investors include Coinbase (10 companies), Andreessen Horowitz (5 companies) and Tiger Global Management (4 companies).
Recent News related to Paradigm
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Tech Astriax Secures $50M Investment from Paradigm to Boost AI-Led TradingBitcoin Ethereum News•Apr 13, 2026•Paradigm
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Web3 Pixie Chess Raises $5.2M in Seed Round Led by ParadigmCnyes•Apr 03, 2026•Paradigm, Pixie Chess, Seed Club
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Elliptic Integrates With Tempo, the Payments-First BlockchainGlobal Fintech Series•Mar 18, 2026•Tempo, Elliptic, Paradigm, Tempo
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Zodl Raises $25M to Accelerate Privacy-Focused Zcash DevelopmentVentureburn•Mar 10, 2026•Winklevoss Capital, Coinbase, ZODL E Commerce Jobs, Chapter One and 4 others
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Kalshi and Polymarket Weigh Funding Rounds at $20B ValuationsCryptonews•Mar 07, 2026•Polymarket, Kalshi, Sequoia Capital, Paradigm and 1 other
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