ParaFi Capital
Description
ParaFi Capital is a prominent alternative asset management and technology firm based in Greenwich, Connecticut, with a dedicated focus on the evolving digital asset ecosystem. Established to bridge traditional finance with the burgeoning world of blockchain and cryptocurrencies, the firm employs both liquid and venture strategies to capitalize on opportunities within this innovative sector. Its investment thesis centers on identifying and supporting foundational protocols, decentralized finance (DeFi) applications, Web3 infrastructure, and other disruptive technologies that underpin the future of the internet.
The firm has established itself as a significant player in the crypto venture landscape. As of 2021, ParaFi Capital was reported to be managing over $1 billion in assets, underscoring its substantial capital base and influence within the digital asset space. Their venture arm actively seeks to back visionary founders and projects, providing not just capital but also strategic guidance and network access. They are known for their deep research capabilities and a long-term perspective on the growth of decentralized technologies.
ParaFi Capital typically engages in early-stage and growth-stage investments, participating in seed rounds, Series A, and occasionally later-stage funding. Their typical first check sizes for venture investments range from $500,000 to $10 million, reflecting their flexibility to support projects across various stages of development and capital requirements. The firm's portfolio includes a diverse array of leading protocols and companies that are shaping the future of decentralized finance, NFTs, and Web3 infrastructure, demonstrating their commitment to fostering innovation and adoption within the digital asset economy.
Investor Profile
ParaFi Capital has backed more than 129 startups, with 15 new investments in the last 12 months alone. The firm has led 38 rounds, about 29% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, Singapore.
- Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
- Led 6 rounds in the past year.
- Typical check size: $500K – $10M.
Stage Focus
- Seed (40%)
- Series A (22%)
- Series Unknown (12%)
- Initial Coin Offering (9%)
- Series B (5%)
- Series C (3%)
- Pre Seed (3%)
- Series D (2%)
- Post Ipo Debt (2%)
- Post Ipo Equity (2%)
Country Focus
- United States (54%)
- Canada (6%)
- Singapore (5%)
- United Kingdom (5%)
- Germany (2%)
- Saint Kitts and Nevis (2%)
- Cayman Islands (2%)
- Switzerland (2%)
- Gibraltar (2%)
- Spain (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Fintech
- Financial Services
- Software
- Finance
- Decentralized Finance (Defi)
- Information Technology
- Web3
- Trading Platform
Frequently Asked Questions
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