Electric Capital

Electric Capital is an early stage venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces.

Electric Capital invests in companies and protocols built on top of Programmable Money.

Electric Capital was co-founded in 2018 by Curtis Spencer and Avichal Garg. The firm is headquartered in Palo Alto, California.

 

Electric Capital leverages deep technical expertise to identify and invest in programmable money tokens and blockchain technology companies. They compile code, profile nodes, analyze blockchains and open source projects, help secure cryptonetworks, and write software to help our portfolio companies understand their ecosystems.

 

Electric Capital closed $1B for a pair of crypto funds (a $400 million vehicle for making equity investments in startups and a $600 million fund intended to invest directly in crypto tokens) on Mar o1, 2022. The company now manages more than $2B in assets.

 

Electric generally makes investments of $1M to $5m in pre-seed to Series A-stage startups. The company has backed projects and companies such as DYDX, Anchorage, Bitwise, Celo, Coda, Dfinity, Lightning Labs, MobileCoin, NEAR, Syndicate Protocol, Oasis, and many more.

 

 

  • Year founded: 2018
  • Funding Info: NA
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: Asset Under Management: $2B+ as of Mar 01, 2022
  • City/Town: Palo Alto
  • State: California
  • Country: United States
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