Fundraising Fox

Fred Ehrsam

InvestorUnicorn founder

Co-founder at Coinbase · Co-founder and Board Member at Coinbase Ventures · Co-Founder & Senior Advisor at Paradigm · Founder at Nudge · Foreign Exchange Trader at Goldman Sachs

San Francisco, CA

Writes $1M – $100M checks · typically $25M

FoundedCoinbase$47B · YCNudge

30 Under 30 2014 · Finance

Photo: Robyn Selman, CC BY-SA 4.0, via Wikimedia Commons ↗

About

Fred Ehrsam co-founded Coinbase and later Paradigm, the crypto investment firm he started with Matt Huang in 2018. He stepped back from Paradigm's day-to-day management in 2023 and now serves as its senior advisor while running Nudge, the neurotechnology startup he founded to build non-invasive brain interfaces using focused ultrasound.

Contact· published on Fred's own website

Invests in

AI & Machine LearningCrypto & Web3Developer ToolsFintechGaming

Beyond investing

Founded
Co-founded Coinbase. Co-founded Paradigm. Co-founded Nudge, which builds brain-computer interfaces starting with ultrasound. Ehrsam co-founded Nudge, a neurotechnology startup developing non-invasive brain-computer interfaces, in 2024.
Education
Studied at Duke University (BS, Computer Science, 2010) Read computer science and economics at Duke University, graduating in 2010.
Boards
Ehrsam serves on the President's Council of Advisors on Science and Technology (PCAST), to which he was appointed in 2026.
Communities
Hosts the Prometheus Summit, bringing together researchers and entrepreneurs focused on human enhancement. At Duke he was a member of the Sigma Alpha Epsilon fraternity. Appointed to the President's Council of Advisors on Science and Technology in March 2026.
Hobbies
In high school Ehrsam was an avid competitive World of Warcraft player, spending thousands of hours exploring its in-game virtual economy.
More
Supports fundamental research in fields including physics, biology, and public policy. Ehrsam grew up in Concord, Massachusetts and attended Concord-Carlisle High School. Hosts the Prometheus Summit, a gathering for researchers and founders working on human enhancement.

Mentioned above: the Duke University mafia → · the Coinbase mafia → · the Paradigm mafia →

From Fred's own website — common ground for a warm intro.

Founder at Nudge

Intro paths

In turn, Fred can intro founders to Nudge's investors below.

Nudge's investors · 1

Co-founder at CoinbaseYC S12

Intro paths

YC

Fred went through Y Combinator (Summer 2012) — any YC alum in your network can reach them through the YC community.

GP

Their group partner at YC was Garry Tan, President & CEO of Y Combinator — the partner who ran Coinbase's batch and knows the company first-hand. YC profile ↗

In turn, Fred can intro founders to Coinbase's investors below.

Coinbase's investors · 60

1confirmationIncline Village9Yards CapitalNew York · $100K – $10M checksA.Capital VenturesSan Franciscoa16z cryptoMenlo ParkAcrew CapitalSan Francisco · $1M – $15M checksAndreessen HorowitzMenlo Park · $500K – $50M checksAnsa CapitalNew York · $5M – $15M checksARK Investment ManagementSt. PetersburgBattery VenturesBoston · $500K – $100M checksBlockchain CapitalSan Francisco · $25K – $200K checksCoinbase VenturesStamford · $100K – $10M checks · since 2026Collaborative FundNew York · $500K – $1M checksDigital Currency GroupNew YorkDraper AssociatesSan Mateo · $500K – $5M checksDraper DragonSilicon ValleyDraper Fisher Jurvetson (DFJ)San MateoEast West Ventures EWVLos AngelesF-Prime CapitalCambridge · $3M – $10M checksForm CapitalMiami · $200K – $300K checksGeodesic CapitalFoster CityGreylock PartnersSan Francisco · $100K – $200M checksInertia VenturesNew York · $2M checksInterplay Ventures Early Stage Management LlcNew York · $1M checksIVP (Institutional Venture Partners)San Francisco · $15M – $75M checksK2 GlobalSingaporeKindred VenturesSan Francisco · $250K – $2M checksMastrySan FranciscoMitonC$200K – $5M checksMorgan Creek CapitalChapel Hill · $1M – $5M checksMulticoin CapitalAustin · $1M – $50M checksNelstone VenturesNext Legacy PartnersPortola ValleyNotable CapitalSilicon Valley · $5M – $50M checksNotation CapitalNew York · $400K – $750K checksOwl CapitalPantera CapitalSan Francisco · $5M – $100M checksParadigmSan Francisco · $1M – $100M checksPropel Venture PartnersSan Francisco · $500K – $5M checksQualcomm VenturesSan Diego · $5M checksRed Swan VenturesNew York · $500K – $1M checksRefactor CapitalBurlingame · $1M – $2M checksReinventure GroupSydneyRibbit CapitalPalo Alto · $100K – $15M checksRob WitoffS32Palo AltoSection 32Palo AltoSozo VenturesRedwood CitySpark CapitalSan Francisco · $500K – $25M checksSpice CapitalNew York · $100K – $250K checksSquareOne CapitalMiamiStrategxy Ventures LLCBeverly Hills · $1M – $5M checksSV AngelSan FranciscoTiger Global ManagementNew York · $1M – $100M checksTranspose Platform ManagementHoustonTusk Venture PartnersNew York · $750K – $2M checksUnion Square Ventures (USV)New York City · $1M – $8M checksValor Capital GroupNew York · $100K – $5M checksWinklevoss CapitalNew York · $100K – $5M checksWonder VenturesLos Angeles · $100K – $1.5M checksY CombinatorSan Francisco · $500K checks · since 2012

Co-founders at Coinbase

BABrian Armstrong
Brian ArmstrongCo-founder & CEO

Foreign Exchange Trader at Goldman Sachs

Intro paths

In turn, Fred can intro founders to Goldman Sachs's investors below.

Experience

  1. NudgeCo-Founder and CEOcurrent2024 — presentSan Francisco, California, United States
  2. ParadigmCo-Founder, General Partnercurrent2024 — present
  3. ParadigmCo-Founder, Managing Partner2018 — 2024
  4. CoinbaseBoard Of Directorscurrent2017 — presentSan Francisco Bay Area
  5. CoinbaseCo-Founder2012 — 2017San Francisco, CA
  6. Goldman SachsTrader2010 — 2012New York, NY
  7. Duke UniversitySelf-assembling DNA Nanostructures Research2008

Investments

Board seats

Coinbase

Investor

AndurilAnthropicCognitionGeneral MatterOpenAISpaceXSSI

Sources: curated public sources · the investor's own website.

Podcasts & interviews

featuring Fred Ehrsam

Fred Ehrsam: From Coinbase to Paradigm

@How-I-Got-Rich1

Paradigm founders Fred Ehrsam and Matt Huang

UpOnly

Paradigm, Led by Coinbase Co-Founder Fred Ehrsam, Looking to Raise $1.5B Fund

CoinDesk

Paradigm, Led by Coinbase Co-Founder Fred Ehrsam, Looking to Raise $1.5B Fund

finance.yahoo.com

Colleagues at Coinbase Ventures

Network14

2 more connections

Alexander WalterspielCaitlin Pintavorn

Investors connected to Fred in public investor directories — a warm-intro map.

Frequently asked questions

Who is Fred Ehrsam?
Fred Ehrsam co-founded Coinbase and later Paradigm, the crypto investment firm he started with Matt Huang in 2018. He stepped back from Paradigm's day-to-day management in 2023 and now serves as its senior advisor while running Nudge, the neurotechnology startup he founded to build non-invasive brain interfaces using focused ultrasound.
Where does Fred Ehrsam work?
Fred Ehrsam is Co-founder of Coinbase and Co-founder and Board Member at Coinbase Ventures and Founder at Nudge and Foreign Exchange Trader at Goldman Sachs.
What does Fred Ehrsam invest in?
Fred Ehrsam invests in AI & Machine Learning, Crypto & Web3, Developer Tools, Fintech, Gaming.
What check size does Fred Ehrsam write?
Fred Ehrsam typically writes checks of $1M – $100M.
What companies did Fred Ehrsam found?
Fred Ehrsam founded Coinbase, Nudge.
What boards does Fred Ehrsam sit on?
Fred Ehrsam holds tracked board seats at Coinbase.
What companies has Fred Ehrsam invested in?
Investments tracked here include Anduril, Anthropic, Cognition, General Matter, OpenAI, SpaceX, SSI.
Where did Fred Ehrsam go to school?
Fred Ehrsam studied at Duke University (B.S., Computer Science, Economics).
What podcasts and interviews feature Fred Ehrsam?
Tracked appearances include "Fred Ehrsam: From Coinbase to Paradigm", "Paradigm founders Fred Ehrsam and Matt Huang", "Paradigm, Led by Coinbase Co-Founder Fred Ehrsam, Looking to Raise $1.5B Fund", and 1 more.

Paths to reach Fred

People who overlapped with Fred at the same organization — a shared school or employer with one of them is a warm way in.

Together at ParadigmFred: Co-Founder & Senior Advisor

Together at CoinbaseFred: Co-founder

Together at NudgeFred: Founder

Together at Goldman SachsFred: Trader

Founder mafias

Y Combinator mafia8,773

Also came through, then founded or led a company.

+ 8,766 more

Goldman Sachs mafia249

Also came through, then founded or led a company.

+ 242 more

Duke University mafia127

Also came through, then founded or led a company.

+ 120 more

Coinbase mafia59

Also came through, then founded or led a company.

+ 52 more

Paradigm mafia6

Also came through, then founded or led a company.

Same school

Shared employers