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.
Est. Dry Powder
$421,860
4yr linear
Estimated dry powder over time
Linear 4-year deployment model per fund
All funds (15)
| Fund | Raise Date | Filed | Raised | Est. Dry Powder | Platform | SEC |
|---|
| Mirae Asset New Paradigm Fund, L.P. | Currently Raising | 2026-05-08 | — | TBD | | ↗ |
| Paradigm Three (Cayman) Feeder LP | Currently Raising | 2026-03-25 | — | TBD | | ↗ |
| Paradigm Three (US) Feeder LP | Currently Raising | 2026-03-25 | — | TBD | | ↗ |
| Paradigm Three LP | Currently Raising | 2026-03-25 | — | TBD | | ↗ |
| Paradigm Evergreen I a Series of Republic Deal Room Master Fund LLC | 2025-12-22 | 2025-12-31 | $422,857 | $352,381 | | ↗ |
| BeamSPV, a series of VitalStage Ventures Paradigm AI Fund, LP | 2025-10-23 | 2025-10-28 | $69,000 | $54,625 | | ↗ |
| Paradigm Jun 2024 a Series of CGF2021 LLC | 2024-07-03 | 2024-07-10 | $31,000 | $14,854 | | ↗ |
| VitalStage Ventures Paradigm AI Fund, LP - I | Currently Raising | 2024-06-18 | — | TBD | | ↗ |
| Paradigm Two LP | Currently Raising | 2024-06-11 | — | TBD | | ↗ |
| Paradigm Two (US) Feeder LP | Currently Raising | 2024-06-11 | — | TBD | | ↗ |
| Paradigm Two (Cayman) Feeder LP | Currently Raising | 2024-06-11 | — | TBD | | ↗ |
| Paradigm Green Fortitudo LP | 2021-07-20 | 2022-08-08 | $83M | Deployed | | ↗ |
| Paradigm One LP | 2021-11-12 | 2021-11-19 | $839M | Deployed | | ↗ |
| Paradigm One (US) Feeder LP | 2021-11-12 | 2021-11-19 | $1.1B | Deployed | | ↗ |
| Paradigm One (Cayman) Feeder LP | 2021-11-12 | 2021-11-19 | $499M | Deployed | | ↗ |