Electric Capital
Venture capitalActively deployingPalo Alto · Pre-Seed–Late Stage · 39 people tracked
Also known as Electric Capital Frontier · Electric Capital Partners VCF2 · ELECTRIC CAPITAL PARTNERS, LLC
Investment thesis
Since 2018, Electric Capital has invested in technologies that reduce reliance on intermediaries, arguing that eroding trust in global institutions and the rise of AI make trust-minimized systems increasingly urgent and feasible. The firm partners with founders working in artificial intelligence, cryptography, fintech, healthcare, energy marketplaces, government systems, identity and reputation, and the creator economy. Its investors are engineers who write code, supported by experts across engineering, product, marketing, HR, governance, and regulatory policy. Electric Capital engages closely at pre-seed and seed to help teams find product-market fit, then supports scaling around product evolution, team building, metrics, liquidity, and regulatory complexity.
Source: firm website, verified Aug 3, 2026.
Team · 39 people
from the firm's website & public directoriesWhat they invest in
from 44 of 107 portfolio companiesCrypto & Web3 ×35Fintech ×19Data & Infrastructure ×10Developer Tools ×9AI & Machine Learning ×6Cloud Computing ×6Deep Tech ×4Cybersecurity ×3
HQs:United States×17Nigeria×1
Investments · 107 tracked
founders shown can be your intro pathChicago, US
Board seatCurtis Spencer· per SEC Form D · $29.3M raise · filed Jul 2024
Bitnomial is a US CFTC-regulated cryptocurrency derivatives exchange and clearinghouse offering leveraged spot trading, perpetual futures, traditional futures and options, and prediction markets with crypto margin and settlement capabilities.
Crypto & Web3Fintech
Bitwise Investments provides professionally managed cryptocurrency funds and investment products for institutional and individual investors.
Crypto & Web3FintechSan Francisco, US
Katherine Dowling(Executive Officer)Matt Hougan(Executive Officer)Teddy Fusaro(Executive Officer)Corey Mulloy(Director)Hong Kim(Executive Officer, Director)Hunter Horsley(Founder & CEO)
Boom Supersonic develops supersonic aircraft and engines, including the Overture commercial airliner and the Symphony turbofan engine, targeting commercial aviation and advanced infrastructure applications.
Advanced ManufacturingDeep TechHardwareSpace TechCentennial, US
Blake Scholl(Founder/CEO)in
CoinList operates a platform for token sales, pre-IPO stocks, equities, and funds, serving as infrastructure for financial markets and payments onchain.
Crypto & Web3Data & InfrastructureFintech
Comm is an encrypted messaging platform for communities that combines Signal's end-to-end encryption model with personal servers to support community features like channels, roles, and threads.
Crypto & Web3Social
Ashoat
Dialect provides infrastructure for Web3 user experiences, offering Blinks (embedded blockchain transactions) and Alerts (onchain notifications) that integrate directly into digital platforms without redirects.
Crypto & Web3Developer ToolsEnterprise SoftwareNew York City, US
Chris Osborn(Founder)in
EigenCloud is a developer platform providing cryptographic trust primitives for applications and AI agents through verifiable computation, inference, and data availability backed by slashable stake on EigenLayer.
AI & Machine LearningCrypto & Web3Developer Tools
Sreeram Kannan(Founder)
Ellipsis Labs develops infrastructure and applications to improve decentralized finance systems, aiming to replace traditional financial foundations with blockchain-based alternatives that offer security, scalability, and speed.
Crypto & Web3Fintech
Espresso Systems builds Ethereum infrastructure and blockchain systems with a focus on practical solutions for developers and users within the crypto ecosystem.
Cloud ComputingCrypto & Web3Data & InfrastructureDeveloper Tools
Etherealize develops financial infrastructure for trading, settlement, and privacy on the Ethereum blockchain, serving institutional clients including banks, asset managers, and hedge funds looking to move assets onchain.
Crypto & Web3Enterprise SoftwareFintechAustin, US
Vivek Raman(Executive Officer)in
Sam Kazemian(Founder)
Gamma Strategies provides tools for creating automated Uniswap V4 liquidity provider vaults with rebalancing functionality to earn trading fees and incentive rewards.
Crypto & Web3
Genesis Digital Assets builds and operates data center infrastructure for high-performance computing workloads.
Cloud ComputingData & InfrastructureDeep TechEnergy
Gitcoin operates a directory and knowledge base for funding mechanisms, platforms, and research in decentralized networks, Ethereum, and public goods.
Crypto & Web3Data & InfrastructureGovTechLafayette, US
Kevin OwockiKyle Weiss(Executive Officer, Director)Michael Kriak(Director)Matt Huang(Director)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Electric Capital invest at?
- Electric Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is Electric Capital's typical check size?
- Electric Capital typically writes checks of $1M – $20M.
- What sectors does Electric Capital focus on?
- Electric Capital focuses on AI & Machine Learning, Creator Economy, Crypto & Web3, Cybersecurity, Deep Tech, Energy, Fintech, GovTech, Healthtech, Marketplaces.
- Where is Electric Capital located?
- Electric Capital is headquartered in Palo Alto, US.
- Does Electric Capital lead rounds?
- Electric Capital typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamAvichal Garg and Curtis Spencer (Electric Capital) on developer communities, raising institutiona...
On The Brink with Castle Island · Avichal Garg
Bringing an Engineer's Mentality to Early Stage VC w/ Avichal Garg & Ken Deeter of Electric Capital
Ninepoint Partners · Avichal Garg
Top 5 Bear Market Bets with Avichal Garg & Sanjay Shah of Electric Capital
Bankless · Avichal Garg

Avichal Garg, Electric Capital | What does the future hold for shielded transactions?
Foresight Institute · Avichal Garg · youtube.com

Avichal Garg, Electric Capital | Shielded Transaction Special | Trailer
Foresight Institute · Avichal Garg · youtube.com
Venture Capital is Changing Forever - Avichal Garg (Electric Capital Co-Founder)
DeSo: The Decentralized Social Media Blockchain · Avichal Garg
Images
Co-investors · 142
Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.
Paradigm is a frontier technology investment firm that builds and invests in early-stage companies across crypto, AI, robotics, and other emerging technology areas.
Blockchain Capital is a venture firm that has partnered with crypto builders since 2013, investing across the blockchain and digital asset ecosystem.
Hack VC is a thesis-driven venture capital firm that partners with founders at the earliest stages building next-generation Internet technologies across crypto, AI, and other frontier areas.
Pantera Capital is a blockchain and cryptocurrency-focused investment firm that pioneered early crypto funds in the U.S., offering exposure through venture equity, early-stage tokens, and liquid tokens.
Archetype is an early-stage crypto venture firm backing founders building crypto-native companies and protocols, providing support across investing, engineering, protocol and mechanism design, policy, and community-building.
Greylock Partners is a venture capital firm that backs founders at the earliest stages, often as their first investor before a product exists.
Haun Ventures backs founders building the future of finance, investing from seed to scale in teams applying decentralized technology to reshape the global economy.
Ethereal Ventures is a global investment firm focused on crypto, permissionless networks, and digital assets, backing companies from inception through growth.
Faction is an early-stage venture firm that invests in disruptive crypto and blockchain projects, backing founders at Seed and Series A across both equity and tokens.
Greenfield is a European investment firm focused on crypto, backing early developer teams building decentralized and open web infrastructure.
General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.
▶130 more co-investors
SV AngelFoundation CapitalRRE VenturesAbstractRibbit CapitalKindred VenturesThird Point VenturesVOLT CAPITAL1confirmationNascentCMCC GlobalSequoia CapitalFounders FundCraft VenturesBessemer Venture PartnersKhosla VenturesNotable CapitalFelicis VenturesCoatue ManagementUnion Square Ventures (USV)Eniac VenturesSlow VenturesUpHonest CapitalSciFi VCCaffeinated CapitalAmplify PartnersResolute VenturesBitkraft Esports VenturesGeneral PartnershipMoxxie VenturesDragonflyYes VCShima CapitalBrighter CapitalCastle Island VenturesBankless VenturesGV (Google Ventures)TechstarsIndex VenturesFounder CollectiveBenchmarkFJ LabsFirst Round CapitalKleiner PerkinsBoxGroupEverywhere VenturesSpark CapitalB Capital GroupSound VenturesIVP (Institutional Venture Partners)CRV (Charles River Ventures)Balderton CapitalQuiet CapitalSusa VenturesGoat CapitalACME CapitalLiquid VenturesFundersClubHardware ClubGreycroftAME Cloud VenturesC2 InvestmentsInnovation EndeavorsLux CapitalPrecursor VenturesKapor CapitalCanvas VenturesStellar CapitalAfore CapitalAdditionSoftBank Vision FundBowery CapitalSouth Park Commons8VCBuckley Ventures Management Company LlcLowercase CapitalGustoDCM VenturesTwo Sigma VenturesWGI GroupPrimary Venture PartnersAwesome People VenturesBetter Tomorrow VenturesFootworkWorklife VenturesBrainchild Holdings8-Bit CapitalLakestarVine VenturesCoinFundHyde Park Venture PartnersUpside PartnershipAnorak VenturesPolygonCoelius CapitalSummit PartnersUnpopular VenturesLocus VenturesFormation GroupCrunchFundCollaborative Fund (Collab Fund)VitalStage VenturesThird Kind Venture CapitalGraph VenturesPresence CapitalSeed Club VenturesScalar CapitalcLabsVertex Ventures Southeast Asia & IndiaIncisive VenturesRace CapitalIncite.orgAlsop Louie PartnersWndrCoCherubic VenturesHuman CapitalKyber Knight CapitalCambrian Asset ManagementConcrete Rose CapitalOlima VenturesCompoundMPG FundFMFWMKT1 CapitalKatapult AfricaVoLo Earth VenturesAirAngelsBlockchain Coinvestors AngelList SyndicateHartmann CapitalWovenEarth
Firms observed investing alongside Electric Capital, from public investor directories. Shared companies are the overlap with Electric Capital's recorded portfolio.
Similar investors
Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.
Alpha Edison is an investment firm that partners with entrepreneurs to build category-creating companies that open up new markets.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
OMERS Ventures is the venture capital arm of the OMERS pension plan, investing in early-stage technology founders building solutions across North America and Europe.
V Ventures is an investment firm backing founders in emerging technologies, deep tech, and sustainable solutions, offering strategic guidance, operational expertise, and a global network alongside capital.





















































