Updated:
Paradigm
Paradigm, founded by Matt Huang and Fred Ehrsam, invests $1M–$100M+ checks in crypto, AI, and robotics from offices in San Francisco, Menlo Park, and New...
Paradigm
Paradigm operates as a frontier technology investment firm established in 2018 by Matt Huang, a former partner at Sequoia Capital, and Fred Ehrsam, a co-founder of Coinbase. The firm was purpose-built to invest and build across crypto, AI, and robotics from the earliest stages. Its website describes a model where team members have worked on tools, protocols, and companies that are now some of the most-used on the internet. Paradigm writes equity checks ranging from $1M to over $100M and spans asset classes from early-stage venture capital to liquid tokens. Its portfolio cuts across decentralized finance infrastructure, scalability layers, and next-generation computing. Confirmed positions include Coinbase, Uniswap, Optimism, Flashbots, Fireblocks, Stripe, and Zipline (firm website). Beyond crypto, the firm has backed companies in orbital space defense and autonomous systems. Geographically, it operates from offices in San Francisco, Menlo Park, and New York, and maintains a portfolio that includes firms in Brazil and India. The firm lists over 50 investing, research, and operations staff led by Managing Partners Matt Huang and Alana Palmedo, with a six-person investment committee that includes General Partners Dan Robinson and Georgios Konstantopoulos, the firm's CTO. Paradigm does not publish assets under management. It maintains an open-source software practice and a dedicated policy council, with named legal and regulatory leads. The firm has not disclosed a specific fundraising event in the last 24 months. Paradigm's structural identity sits between a traditional venture firm and an R&D lab; investment and software teams collaborate on research papers and open-source code that contribute to the same ecosystems they back — a model that embeds proprietary insight into deal sourcing. The firm's registered trademark and limited partnership structure center on Paradigm Operations LP, with Ehrsam remaining engaged as Senior Advisor.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: