DFX Intelligence

Data Factory

VentureFirmpe with venture activity · probableregistered_investment_adviser

Paradigm Operations LP

Venture Capital

San Francisco, CA

Paradigm is a frontier technology investment firm that builds and invests in crypto, AI, robotics, and across new frontiers from the earliest stages.

This is the graph view. The full profile, with its team, deals and sources, is on Venture Capital.Open the full profile →

Search this name across graphsid dfx:vc:39cfa509-58e3-4488-ab22-08d611ae4103

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 21, 2026, 5:33 PM UTC and rebuilt at most every 15 minutes.

Relationships: 55
Dated events: 11
On other graphs: 3
Observed: Sep 12, 2026 to Sep 17, 2026
47 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Independent Sponsorsidentity

Paradigm Operations LP

Capital provider to sponsors · shared crd

Private Equityidentity

Paradigm Operations LP

Private equity manager · shared crd

RIA / Wealth Managementidentity

PARADIGM OPERATIONS LP

Registered adviser · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Funds: 2
Regulatory AUM: $10B
Funds with fundraising evidence: 0derived
Investments: 39
Portfolio companies: 38
Investments, 12m: 39
Partner-attributed: 0
People: 5
Investment professionals: 2derived
Co-investors: 0derived
LP relationships: 0
Stated sectors: ai,deep_tech,hardware,robotics,crypto,devtoolsas stated by the firm
Latest Form D: Mar 25, 2026
Latest ADV filing: Apr 25, 2024
Website: paradigm.xyz

Funds

Fund	Vintage	Lifecycle	Form D sold	GAV	LPs
Paradigm Three LP	n/a	Fundraising	$0	n/a	0
Paradigm Three (US) Feeder LP	n/a	Fundraising	$0	n/a	0

Investments

round size is never this investor's check

Company	State	Stage	Round size	Partner	Attribution	Observed
Nous Research Decentralized AI training	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Kalshi Prediction market platform	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Zipline Autonomous drone delivery infrastructure	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Citadel Securities Global market maker	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
SendCutSend Rapid manufacturer	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Antares Factory-produced nuclear microreactors	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
True Anomaly Orbital space defense	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Hyperliquid (HYPE) Financial trading platform	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Coinbase Crypto exchange and onchain platform	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Tempo Blockchain for payments	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Andromeda AI compute marketplace	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Stripe Internet payments infrastructure	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Uniswap Decentralized crypto exchange protocol	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Andromeda	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Antares Corp.	Co	n/a	n/a	n/a	Unknown	Sep 16, 2026
Citadel Securities	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Coinbase	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Compound	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Fractal	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Hang	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Hype	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Kalshi Inc.	NY	n/a	n/a	n/a	Unknown	Sep 16, 2026
Maker	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Monad	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Nous Research	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026

Co-investors

pairs come only from shared rounds and listings

Investor	Co-investor	Shared deals	Shared companies	Last observed	Strength
Paradigm Operations LP	CNK Equity Partners I, LLC	8	8	Sep 16, 2026	Very strong
Paradigm Operations LP	A.capital Ventures	5	5	Sep 16, 2026	Strong
Paradigm Operations LP	Standard Crypto Management LP	4	4	Sep 16, 2026	Strong
Paradigm Operations LP	Union Square Ventures	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	Shrug, LLC	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	Lightspeed Faction	2	2	Sep 16, 2026	Recurring
Interplay Ventures Early Stage Management LLC	Paradigm Operations LP	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	Institutional Venture	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	Collab+currency Management, LLC	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	Variant	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	G Squared Equity LLC	2	2	Sep 16, 2026	Recurring
Pascal Capital, L.L.C.	Paradigm Operations LP	2	2	Sep 16, 2026	Recurring
Paradigm Operations LP	Katalyst.ventures	1	1	Sep 16, 2026	One time
Paradigm Operations LP	Pathbreaker Ventures II, LLC	1	1	Sep 16, 2026	One time
Paradigm Operations LP	Rethink Capital Partners, LLC	1	1	Sep 16, 2026	One time

Relationships

Invested in (38)

→ OptimismCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Kalshi Inc.CompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ MakerCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ MonadCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Nous ResearchCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ OpynCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ PhantomCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ ReflexerCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ RoyalCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ SendcutsendCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Sky MavisCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Stripe, Inc.CompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ TempoCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ True AnomalyCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Citadel SecuritiesCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ UniswapCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ WildcardCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ ZiplineCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Nous Research Decentralized AI trainingCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Kalshi Prediction market platformCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Zipline Autonomous drone delivery infrastructureCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Citadel Securities Global market makerCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ SendCutSend Rapid manufacturerCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Antares Factory-produced nuclear microreactorsCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ True Anomaly Orbital space defenseCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Hyperliquid (HYPE) Financial trading platformCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Coinbase Crypto exchange and onchain platformCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Tempo Blockchain for paymentsCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Andromeda AI compute marketplaceCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Stripe Internet payments infrastructureCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
and 8 more

Manages (3)

→ Paradigm Three LPFundInferred from address
inferenceForm D
→ Paradigm Three (US) Feeder LPFundInferred from address
inferenceForm D
→ Paradigm Fund LPFundHedge Fund
Oct 29, 2018 to presentfactForm ADV

Employs (9)

→ Alana Skorniakoff PalmedoPersonChief Operating Officer And Managing Partner And Interim Chief Financial Officer
Sep 1, 2023 to presentfactForm ADV
→ Kathryn BiberPersonChief Legal Officer
Jun 1, 2022 to presentfactForm ADV
→ Alexandru Popescu-NegoestiPersonChief Compliance Officer
Dec 1, 2022 to presentfactForm ADV
→ Frederick Ernest EhrsamPersonTrustee
Sep 1, 2014 to presentfactForm ADV
→ Matthew Kung-Yu HuangPersonManaging Member
Aug 1, 2018 to presentfactForm ADV
→ Charles Stanbery NoyesPersonNon-Manging Member / Limited Partner
Aug 1, 2018 to Mar 28, 2019inferenceForm ADV
→ GUS Peter ColdebellaPersonGeneral Counsel And Chief Compliance Officer
Sep 1, 2020 to Jun 11, 2021inferenceForm ADV
→ Nathan Tovin ApselPersonChief Financial Officer
Nov 1, 2021 to Sep 29, 2023inferenceForm ADV
→ Reena Jashnani-SlusarzPersonGeneral Counsel
May 1, 2021 to Sep 29, 2023inferenceForm ADV

Owns (3)

← Paradigm Operations GP LLCFirmGeneral Partner
Aug 1, 2018 to presentfactForm ADV
← FE Management LPFirmManaging Member
Dec 1, 2021 to presentfactForm ADV
← Frederick Ernest Ehrsam III Living TrustFirmLimited Partner
Oct 1, 2022 to presentfactForm ADV

Dated events

Occurred
Sep 29, 2023
Person left
Nathan Tovin Apsel (Chief Financial Officer) no longer on Schedule A of Paradigm Operations LP
Form ADVobserved 9 days ago
Occurred
Sep 29, 2023
Person left
Reena Nmn Jashnani-Slusarz (General Counsel) no longer on Schedule A of Paradigm Operations LP
Form ADVobserved 9 days ago
Occurred
Dec 1, 2022
Person joined
Alexandru Popescu-Negoesti joined Schedule A of Paradigm Operations LP as Chief Compliance Officer
Form ADVobserved 9 days ago
Occurred
Jun 1, 2022
Person joined
Kathryn Biber joined Schedule A of Paradigm Operations LP as Chief Legal Officer
Form ADVobserved 9 days ago
Occurred
Nov 1, 2021
Person joined
Nathan Tovin Apsel joined Schedule A of Paradigm Operations LP as Chief Financial Officer
Form ADVobserved 9 days ago
Occurred
Jun 11, 2021
Person left
GUS Peter Coldebella (General Counsel And Chief Compliance Officer) no longer on Schedule A of Paradigm Operations LP
Form ADVobserved 9 days ago
Occurred
May 1, 2021
Person joined
Reena Jashnani-Slusarz joined Schedule A of Paradigm Operations LP as General Counsel And Chief Compliance Officer
Form ADVobserved 9 days ago
Occurred
Sep 1, 2020
Person joined
GUS Peter Coldebella joined Schedule A of Paradigm Operations LP as General Counsel And Chief Compliance Officer
Form ADVobserved 9 days ago
Occurred
Jun 1, 2019
Person joined
Alana Skorniakoff Palmedo joined Schedule A of Paradigm Operations LP as Chief Compliance Officer / Non-Managing Member
Form ADVobserved 9 days ago
Occurred
Mar 28, 2019
Person left
Charles Stanbery Noyes (Non-Manging Member / Limited Partner) no longer on Schedule A of Paradigm Operations LP
Form ADVobserved 9 days ago
Occurred
Oct 29, 2018
Adviser's first ADV filing
Paradigm Operations LP first filed Form ADV (ERA)
Form ADVobserved 9 days ago

Who to call

the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts

The firm's published line

Revealable: 1 business phone (Form ADV), 1 website (Form ADV), 6 work emails (firm website) · as of 2026-09-16

Also named here, with no published line of their own (reach them through the firm): Alana Skorniakoff Palmedo (Chief Operating Officer And Managing Partner And Interim Chief Financial Officer), Kathryn Biber (Chief Legal Officer), Alexandru Popescu-Negoesti (Chief Compliance Officer), Frederick Ernest Ehrsam (Trustee), Matthew Kung-Yu Huang (Managing Member).

Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan

Provenance

Graph: Venture Capital
Canonical id: dfx:vc:39cfa509-58e3-4488-ab22-08d611ae4103
First observed: Sep 12, 2026
Last observed: Sep 17, 2026 4 days ago
Source families: Federal regulator filings, Firm and issuer disclosures
2 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Paradigm Operations LP

Venture Capital

San Francisco, CA

Paradigm is a frontier technology investment firm that builds and invests in crypto, AI, robotics, and across new frontiers from the earliest stages.

This is the graph view. The full profile, with its team, deals and sources, is on Venture Capital.Open the full profile →

Search this name across graphsid dfx:vc:39cfa509-58e3-4488-ab22-08d611ae4103

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 21, 2026, 5:33 PM UTC and rebuilt at most every 15 minutes.

Fund

Vintage

Lifecycle

Form D sold

GAV

LPs

Paradigm Three LP

n/a

Fundraising

n/a

Paradigm Three (US) Feeder LP

n/a

Fundraising

n/a

Company

State

Stage

Round size

Partner

Attribution

Observed

Nous Research Decentralized AI training

n/a

Unknown

Sep 16, 2026

Kalshi Prediction market platform

n/a

Unknown

Sep 16, 2026

Zipline Autonomous drone delivery infrastructure

n/a

Unknown

Sep 16, 2026

Citadel Securities Global market maker

n/a

Unknown

Sep 16, 2026

SendCutSend Rapid manufacturer

n/a

Unknown

Sep 16, 2026

Antares Factory-produced nuclear microreactors

n/a

Unknown

Sep 16, 2026

True Anomaly Orbital space defense

n/a

Unknown

Sep 16, 2026

Hyperliquid (HYPE) Financial trading platform

n/a

Unknown

Sep 16, 2026

Coinbase Crypto exchange and onchain platform

n/a

Unknown

Sep 16, 2026

Tempo Blockchain for payments

n/a

Unknown

Sep 16, 2026

Andromeda AI compute marketplace

n/a

Unknown

Sep 16, 2026

Stripe Internet payments infrastructure

n/a

Unknown

Sep 16, 2026

Uniswap Decentralized crypto exchange protocol

n/a

Unknown

Sep 16, 2026

Andromeda

n/a

Unknown

Sep 16, 2026

Antares Corp.

n/a

Unknown

Sep 16, 2026

Citadel Securities

n/a

Unknown

Sep 16, 2026

Coinbase

n/a

Unknown

Sep 16, 2026

Compound

n/a

Unknown

Sep 16, 2026

Fractal

n/a

Unknown

Sep 16, 2026

Hang

n/a

Unknown

Sep 16, 2026

Hype

n/a

Unknown

Sep 16, 2026

Kalshi Inc.

n/a

Unknown

Sep 16, 2026

Maker

n/a

Unknown

Sep 16, 2026

Monad

n/a

Unknown

Sep 16, 2026

Nous Research

n/a

Unknown

Sep 16, 2026

Investor

Co-investor

Shared deals

Shared companies

Last observed

Strength

Paradigm Operations LP

CNK Equity Partners I, LLC

Sep 16, 2026

Very strong

Paradigm Operations LP

A.capital Ventures

Sep 16, 2026

Strong

Paradigm Operations LP

Standard Crypto Management LP

Sep 16, 2026

Strong

Paradigm Operations LP

Union Square Ventures

Sep 16, 2026

Recurring

Paradigm Operations LP

Shrug, LLC

Sep 16, 2026

Recurring

Paradigm Operations LP

Lightspeed Faction

Sep 16, 2026

Recurring

Interplay Ventures Early Stage Management LLC

Paradigm Operations LP

Sep 16, 2026

Recurring

Paradigm Operations LP

Institutional Venture

Sep 16, 2026

Recurring

Paradigm Operations LP

Collab+currency Management, LLC

Sep 16, 2026

Recurring

Paradigm Operations LP

Variant

Sep 16, 2026

Recurring

Paradigm Operations LP

G Squared Equity LLC

Sep 16, 2026

Recurring

Pascal Capital, L.L.C.

Paradigm Operations LP

Sep 16, 2026

Recurring

Paradigm Operations LP

Katalyst.ventures

Sep 16, 2026

One time

Paradigm Operations LP

Pathbreaker Ventures II, LLC

Sep 16, 2026

One time

Paradigm Operations LP

Rethink Capital Partners, LLC

Sep 16, 2026

One time