Arrington Capital , previously known as Arrington XRP, is a multi-strategic venture capital firm from the US, focused on blockchain-based capital and companies operating in the Web3 industry.
The fund was established by Michael Arrington, who is also the TechCrunch and CrunchBase founder, and Heather Harde – a TechCrunch CEO.
Arrington Capital has a profoundly experienced crypto team (many of which come from Silicon Valley crypto and venture capital companies) and a portfolio of nearly a hundred (100) backed projects at early-stage, exceeding 1 billion dollars of total investments.
By now, the original Arrington XRP fund has widened into several funds, such as the Arrington Moonbeam Growth Fund and the Arrington Algorand Growth Fund. These three branches forms the Arrington Capital fund.
The main priority of the fund lies in backing startups at early stages including , Seed, Series A, and ICOs.
Arrington Capital is a Tier 1 crypto-oriented venture capital fund, uniting three arms:
The Moonbeam Accelerator helps the early-stage and growth-stage companies develop and expand cross-platform capabilities. Also, these accelerators facilitate the projects’ progress by providing assistnace in such directions as marketing, business development, product design and financing.
The fund's portfolio includes dozens of high-profile and recognizable projects. Here are some of them Aptos, Polkadot, BlockFi (bankrupt), NEAR, Immutable, KAVA, Acala, Fantom, Oasis, CasperLabs, and even more. Also Arrington Capital is one of the biggest holders of the Ripple (XRP) coin.
Arrington Capital made a single exit, and that one was Sparrow.
Here is the current balance of interests in the Arrington Capital portfolio.
Total number of investments: 77
Fund | Score | Type | Project Support | Social Influence | Co-investments |
---|---|---|---|---|---|
Amber Group | Medium | Corporate | Medium | High | 2 |
Coinbase Ventures | Very High | Exchange | Very High | Very High | 2 |
Hypersphere Ventures | Low | Venture | Medium | Low | 2 |
Robot Ventures | N/A | Venture | N/A | N/A | 2 |
ParaFi Capital | N/A | Venture | N/A | N/A | 2 |