
Arrington Capital
Description
Arrington Capital is a prominent venture capital firm based in Seattle, Washington, specializing in investments across the digital asset ecosystem. Founded by Michael Arrington, the visionary behind TechCrunch, the firm leverages its deep understanding of technology and market trends to identify and support groundbreaking blockchain and cryptocurrency projects. Arrington Capital operates with a thesis-driven approach, focusing on the long-term potential of decentralized technologies and their transformative impact on various industries. Their investment scope spans from nascent, early-stage ventures to more mature, liquid tokens, reflecting a comprehensive strategy to engage with the evolving Web3 landscape.
The firm manages multiple funds, demonstrating its commitment and capacity within the digital asset space. Its inaugural fund, Arrington XRP Capital, launched in 2017 with approximately $50 million, initially focused on the XRP ecosystem but later broadened its scope to encompass a wider range of blockchain technologies. Building on this foundation, Arrington Capital expanded its capabilities by raising subsequent funds. In 2021, the firm announced Arrington Capital Fund III, a $100 million vehicle specifically dedicated to early-stage blockchain and digital asset projects. This was followed by the Arrington Capital Growth Fund in 2022, another $100 million fund designed to target later-stage crypto ventures, indicating a strategic expansion into more mature investment opportunities within the sector.
Arrington Capital's investment strategy is characterized by its hands-on approach, providing not just capital but also strategic guidance and operational support to its portfolio companies. The firm is known for its expertise in tokenomics, decentralized finance (DeFi), and blockchain infrastructure, enabling them to be value-add partners. Their portfolio is diverse, encompassing a wide array of projects from Layer 1 protocols and decentralized applications to Web3 gaming and NFT platforms. With over 60 companies in their portfolio, Arrington Capital has demonstrated a consistent ability to identify and back promising innovations that are shaping the future of the internet and finance. The firm typically participates in rounds ranging from seed to growth stages, with initial check sizes that can vary significantly based on the project's maturity and capital requirements.
Investor Profile
Arrington Capital has backed more than 39 startups, with 21 new investments in the last 12 months alone. The firm has led 10 rounds, about 26% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Post Ipo Equity rounds (top funding stages).
- Majority of deals are located in United States, Canada, Singapore.
- Strong thematic focus on Blockchain, Cryptocurrency, Software.
- Led 4 rounds in the past year.
- Typical check size: $500K – $15M.
Stage Focus
- Seed (54%)
- Series A (18%)
- Post Ipo Equity (10%)
- Series Unknown (5%)
- Post Ipo Debt (5%)
- Series B (3%)
- Pre Seed (3%)
- Initial Coin Offering (3%)
Country Focus
- United States (54%)
- Canada (8%)
- Singapore (5%)
- France (3%)
- Switzerland (3%)
- Cayman Islands (3%)
- Poland (3%)
- Australia (3%)
- Egypt (3%)
Industry Focus
- Blockchain
- Cryptocurrency
- Software
- Financial Services
- Web3
- Artificial Intelligence (Ai)
- Fintech
- Finance
- Ethereum
- Information Technology
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.