Jump Capital

Investment decisions are led by Co-Founders and Managing Partners Sach Chitnis and Mike McMahon. Both have been with the firm since its 2012 launch and oversee the investment committee that approves all equity and token investments. The partnership draws on Jump Trading's quantitative research and engineering leadership but maintains an independent decision-making structure.

Jump Capital is the independent venture capital affiliate of Jump Trading Group, the high-frequency trading firm founded in Chicago. While the parent provides proprietary data infrastructure, quantitative modeling resources, and institutional network access, Jump Capital operates with its own partnership, investment committee, and portfolio mandates distinct from Jump Trading's proprietary trading activities.

Yes. Jump Capital has been an active early-stage and growth-stage investor in the crypto sector since at least 2017. The firm runs a dedicated digital-asset practice and raised Jump Crypto Fund II — closing above its $500 million target in May 2024 — to invest in blockchain infrastructure, decentralized finance, and Web3 application-layer companies alongside its traditional software and fintech funds.

The firm invests across seed, early-stage, and growth rounds. Early-stage checks typically range from $500,000 to $5 million, while growth-stage investments can reach significantly larger commitment sizes. The firm is comfortable leading rounds and taking board seats, and it also participates in token-based rounds for its crypto portfolio companies.

The firm has not published a formal exclusion list. Based on its observable portfolio, it avoids traditional hard-asset industries, consumer packaged goods, brick-and-mortar retail, and therapeutics development. Its investment theses cluster around software, data infrastructure, and computationally intensive technology businesses where quantitative underwriting provides a diligence edge.

Jump Capital is primarily a direct investor in companies, not a fund-of-funds. It writes equity checks directly into portfolio companies and, in the crypto practice, acquires tokens directly. There is no public evidence of the firm making LP commitments to third-party venture or buyout managers.

Sourcing draws heavily on Jump Trading's global quantitative research and market-intelligence network, which provides visibility into data-rich companies across financial markets, enterprise infrastructure, and digital assets. The firm also sources through its existing portfolio network of more than 100 companies and an active co-investor network that includes top-tier venture and growth-equity managers.