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Pantera Capital

Private equity with venture activitySEC-registered adviserClassification probable· San Francisco, Californiapanteracapital.com

Private equity with venture activity, based in San Francisco, California, reporting $795M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$795M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
8
Investment team
14
Latest vintage
2018
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

23 additional team members, 21 additional co-investors and affiliates, 11 additional investments, funds and LPs, 12 events, 6 verified contacts (4 general firm email, 1 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 3 vehicles
    on Form D, 18 months

    $252M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 8 companies
    new in 12 months

    8 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  3. 2 of 4
    enter at Series B+

    Its site says early stage, but 2 of 4 first entries on record are Series B or later.

    rounds to 25 Jun 2026 · A founder raising at the stage the site names should know where the cheques have actually gone.

    Derived4 rounds with a stated stage, against the firm's siteFor FoundersInvestments →
  4. 2 departures
    people, 12 months

    A team member departed (seen on or before 16 Sep 2026, the day it happened is not on record). 2 departures on record in 12 months.

    A partner leaving or arriving changes who decides, and who a founder or LP should call.

    InferenceVenture organization websites (about, team, portfolio, thesis, news pages)For Founders, LPs, recruitersTeam →
  5. 2 deals
    with Blockchain Capital

    Invests most often alongside Blockchain Capital (2 shared deals) and Collab+currency Management (2 shared deals).

    pair last observed on record 29 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Founder, Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

64 connected entities9 observed rounds1 dated round shown here, 2025

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Pantera Capital: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Pantera Capital

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

13 companies on record, 8 new in 12 months

Investments on record

13 companies, 4 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Venture Fundsportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Tari Privateportfolio listingunknownunknownunknownunknownSep 29, 2026Fact Company website
Thesis Privateportfolio listingleadunknownunknownunknownSep 21, 2026Fact Company website

Stated thesis versus observed behaviour

13 observed deals
Stated (the firm’s website)
Sectors
space, crypto, media
Stages
early
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation
seed 50%series b 50%
Stage at first entry
seed 50%series b 50%
Sectors
unknown 92%Other Technology 8%
lead rate 89%follow-on rate 0%new companies, 12 months 8
site says seed/early; 50% of first entries on record are Series B or later

Team

27 current, 7 departed

Decision makers

who to call first, and why; then everyone else by function
  • Paul Veradittakit · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility; Led 2 rounds on record
  • Dan Morehead · Founder, Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Ryan Barney · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility; Led 1 round on record

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

27 current, 7 departed
6 departed (kept with end dates)

Contacts

4 general firm email, 1 published business email, 1 firm phone

4 general firm email, 1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

4 vehicles, 0 LPs disclosed

Funds and vehicles

4 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Pantera Venture Fund III LPFund2018 form d first saleFundraising$534M
Mar 31, 2026
309$206MAug 11, 2026
Pantera Venture Fund III a LPFund2018 form d first saleFundraising$43.1M
Mar 31, 2026
78$16.8MSep 18, 2026
Pantera Venture Fund II LPFund2014 form d first saleFundraising$103M
Mar 31, 2026
47$29.0MOct 17, 2025

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

24 co-investors · on 1 other DFX graph

Co-investors

24 counted from shared deals, for the whole firm
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Pantera Capital is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

17 dated events, 88 observations from 3 sources

Timeline

17 dated events
  1. seen on or beforeSep 16, 2026
    Jay Yu (Junior Partner) no longer on the team page of Pantera Capital
    Person leftPeopleInferenceJay YuFirm website
  2. Mar 31, 2026
    Todd William Slattery (Chief Operating Officer) no longer on Schedule A of Pantera Capital
    Person leftPeopleInferenceTodd William SlatteryForm ADV
  3. Sep 30, 2024
    Matthew Joseph Gorham (Chief Operating Officer) no longer on Schedule A of Pantera Capital
    Person leftPeopleInferenceMatthew Joseph GorhamForm ADV
  4. Sep 1, 2024
    Todd William Slattery joined Schedule A of Pantera Capital as Chief Operating Officer
    Person joinedPeopleFactTodd William SlatteryForm ADV
  5. Mar 29, 2024
    Jasper Lewitton (President) no longer on Schedule A of Pantera Capital
    Person leftPeopleInferenceJasper LewittonForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 18 private fundsShow
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 31, 2026
Private funds reported
18 (4 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$4.6Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$4.0Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
72
Owners on Schedule A
Dm+dm Family Trust (Member), owns 75% or more; Dmdm Ventures LLC (Managing Member), owns 75% or more

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 20% of 18 private funds
  2. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 24% of 18 private funds
  3. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 24% of 15 private funds

Evidence

89 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserNov 25, 2024FactForm ADV
First Form ADV filing2016-06-11Mar 31, 2026FactForm ADV
First Form ADV filing2016-06-11Nov 25, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-11-25Nov 25, 2024FactForm ADV
SEC statusApprovedMar 31, 2026FactForm ADV
SEC status effective2018-06-22Mar 31, 2026FactForm ADV
Venture share of reported funds0Mar 31, 2026FactForm ADV
Venture share of reported funds0Nov 25, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneNov 25, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 12, 2026Fact
Employees72Mar 31, 2026FactForm ADV
Employees51Nov 25, 2024FactForm ADV
HeadquartersMar 31, 2026FactForm ADV
HeadquartersNov 25, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressNov 25, 2024FactForm ADV
Self-described typeVenture capitalSep 30, 2026Fact
Self-described typeVenture capitalSep 16, 2026Fact
Self-described typeVenture capitalSep 12, 2026Fact
Legal formLimited PartnershipMar 31, 2026FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 12, 2026Fact
Private funds reported18Mar 31, 2026FactForm ADV
Private funds reported18Mar 31, 2026FactForm ADV
Private funds reported15Nov 25, 2024FactForm ADV
Private fund gross assets (reported)$4.6BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$4.6BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$4.6BNov 25, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$4.0BMar 31, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$4.2BNov 25, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated sectorsSpace, crypto, media
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsSpace, crypto, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsSpace, crypto, media
“sector words on the home page”
Sep 12, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesearly
“stage words on the home page”
Sep 12, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 12, 2026Fact
Venture funds reported4Mar 31, 2026FactForm ADV
Venture funds reported4Mar 31, 2026FactForm ADV
Venture funds reported4Nov 25, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteNov 25, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 12, 2026Fact
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probable · 2 filing advisers share this firmShow
Importance
50
elevated
Active deployment
30
moderate
Emerging
0
low
Freshness
100
high
Private equity with venture activity · probableSEC registered investment adviser

Registered adviser; venture funds are 20% of 18 private funds

This firm files as 2 advisers on panteracapital.com: Pantera Bitcoin Advisors LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.58 · funds: 0.33 · people: 0.56 · investments: 0.41 · scale basis: Venture-typed funds only (Private equity with venture activity): 4 funds, $795M of $795M reported · co investors: 0.56
active deployment
investments 12m: 1 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-07-27
emerging manager
fund count: 4 · reported gav: $795M · first adv filing: 2016-06-11 · years since first filing: 10.3

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

1 scored match, best firstas of
  • score 14.5confidence 80%
    Why: activity; cap table

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2016-06-11source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.