Interstellar Ventures

Interstellar does not publicly disclose a traditional fund structure or outside limited partners. Its website frames the business as a technology company, not a named private equity fund. The model appears build-and-integrate, with the firm developing payment software and forging commercial partnerships, which makes external LP commitments unlikely in the classical sense unless a venture fund is raised separately.

Founder Jed McCaleb is also the co-founder and Chief Architect of the Stellar Development Foundation, which oversees the open-source Stellar network. Interstellar uses the Stellar ledger as its core settlement infrastructure, meaning the firm's commercial success is deeply tied to Stellar adoption. Partners like Lightnet and Velo Labs integrate through Interstellar to access the Stellar rails.

Partnerships point to a focus on European and Asian connectivity. The Lightnet collaboration targets large-scale transfers in the APAC region, and the Velo Labs partnership explicitly mentions delivering payment solutions across Asia-Pacific. CEO Mike Kennedy's background with OFX North America also suggests comfort with the US-to-rest-of-world corridor.

No. The firm's website contains a portfolio section, but it yields no listings. Public partnership announcements reference Lightnet and Velo Labs as commercial collaborators, not portfolio equity positions of a fund. The exact nature of any minority stakes held is unknown.

Before joining Interstellar, Kennedy founded Zelle and built it into the largest US person-to-person payments network. He also led OFX North America and spent time at McKinsey and Wells Fargo, giving him a career-span view of bank partnerships, consumer behavior, and the settlement mechanics that cross-border payments require.