NRNextRounds
← All firms
Paradigm logo

Paradigm

SEATTLE, WA

paradigm.xyz

Paradigm has raised over $2.6B across 14 funds since 2008. Founded in 2018 by Matt Huang and Fred Ehrsam (Coinbase co-founder), Paradigm focuses exclusively on cryptocurrency and Web3 investments. The firm has backed Coinbase, Uniswap, dYdX, Optimism, and numerous DeFi and blockchain infrastructure projects, and is widely regarded as the most sophisticated institutional crypto investor.

Funds Raised

14

Total $ Raised

$2.6B

Est. Dry Powder

$443,646

4yr linear

Last Fund

2025-12-22

Estimated dry powder over time

Linear 4-year deployment model per fund

All funds (14)

FundRaised
VitalStage Ventures Paradigm AI Fund, LP - I
Paradigm Two (Cayman) Feeder LP
Paradigm Two (US) Feeder LP
Paradigm Two LP
Paradigm Evergreen I a Series of Republic Deal Room Master Fund LLC$422,857
BeamSPV, a series of VitalStage Ventures Paradigm AI Fund, LP$69,000
Paradigm Jun 2024 a Series of CGF2021 LLC$31,000
Paradigm One LP$839M
Paradigm One (Cayman) Feeder LP$499M
Paradigm One (US) Feeder LP$1.1B
Paradigm Green Fortitudo LP$83M
Paradigm Three LP
Paradigm Three (Cayman) Feeder LP
Paradigm Three (US) Feeder LP