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Paradigm
Paradigm Operations LP is an SEC-registered investment adviser in San Francisco, CA, registered since 2019. The firm manages $11.9 billion in regulatory...
Paradigm
Paradigm Operations LP is an SEC-registered investment adviser in San Francisco, CA, registered since 2019. The firm manages $11.9 billion in regulatory assets. It has 61 employees and 13 registered investment advisers.
General information
Firm type
Multi Family Office
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Additional offices
Menlo Park · New York
Principals
Matt Huang
Co-Founder & Managing Partner
Alana Palmedo
Managing Partner
Fred Ehrsam
Co-Founder & Senior Advisor
Dan Robinson
General Partner
Georgios Konstantopoulos
General Partner & CTO
Frankie
General Partner
Sector focus
Frequently asked questions
Who leads investment decisions at Paradigm?
The investment team is led by Co-Founder and Managing Partner Matt Huang alongside Managing Partner Alana Palmedo. General Partners Dan Robinson, Georgios Konstantopoulos, and Frankie also sit on the investment committee. Co-Founder Fred Ehrsam remains involved as a Senior Advisor.
How does Paradigm's open-source and research work relate to its investing?
Paradigm treats research and open-source software as a core function on par with investing. Its team publishes research papers and ships code for protocols and tools across the crypto ecosystem, which it argues creates a deeper technical lens for evaluating founders and protocols than traditional venture due diligence alone.
What investment stages does Paradigm target?
The firm invests from day zero — often when there is no more than an idea — through growth rounds. Check sizes range from $1M to over $100M, covering seed stage through late-stage venture and liquid token positions.
Does Paradigm invest exclusively in crypto?
No. While Paradigm is known for its crypto portfolio, its mandate spans frontier technology broadly. Its public portfolio includes positions in robotics (Zipline), space defense (True Anomaly), and AI infrastructure (Andromeda, Nous Research), alongside its core digital asset holdings.
Is Paradigm structured as a venture capital firm or something else?
Paradigm is structured as a limited partnership (Paradigm Operations LP) that combines elements of a venture capital firm, a research institute, and a software development lab. This hybrid model — with dedicated engineers and researchers collaborating alongside the investment team — differentiates it from a standard venture franchise.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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