Fund profile / United States

Paradigm Fund III

Geography: United States
Stage: Seed
Fund size: $1.2B
Focus
Signals: Published

N°01 / About

About Paradigm Fund III

Crypto VC pioneer (founded 2018 by Matt Huang and Fred Ehrsam) closed its $1.2B third venture fund, its largest since 2021, broadening its mandate beyond crypto into AI and robotics under a new 'technical frontier' thesis. Came in below the reported $1.5B target; ~$12.7B total AUM. Fund III already backed Zipline and True Anomaly.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StageSeed

Industry Focus

Investor Signals Profile

active

Sweet Spot

Engineer/researcher: frontier AI evals, RSI, infrastructure, benchmarks

AI evals

benchmarks

RL environments

frontier AI R&D

recursive self-improvement

AI safety

model training infrastructure

coding evals

post-training optimization

Bullish Signals

Hosting Frontiers SF Oct 12–14social

Curated audience, engineers + researchers focussocial

Post-quantum crypto emphasis signals frontier convictionsocial

Building RSI game—recursive AI self-improvement prioritysocial

29K followers, active thought leadershipsocial

Leading $9M idler seed: evals/benchmarks convictionexternal

Portfolio building frontier AI infrastructure layerexternal

idler ships ShelfLife: live retail digital twinexternal

idler portfolio company: thousands coding evals deployedexternal

ShelfLife: 41.8% Finance Agent score boost verifiedexternal

YC, Long Journey, Paradigm co-lead $9M roundexternal

7 capability domains: RSI, cybersecurity, legal, opsexternal

idler already serving top frontier labs productivelyexternal

Contrarian Signals

No contrarian signals recorded.

Founder Do's

Build open source tech

Engineer/researcher background valued

Come to Frontiers conference

Tackle recursive self-improvement problems

Focus on AI R&D frontier

Build evals/benchmarks for frontier labs

Ship production-grade benchmark datasets

Measure real model improvements at scale

Founder Don'ts

Non-technical founding teams

Avoid non-curated/mass-market pitching

Benchmark theater without real lab adoption

28 signals on Paradigm Fund III

13 bullish · 8 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

See a signal free View Plans Browse all Signal Profiles →

Facts

Fund Overview

Fund Size$1.2B

Saves0

Website

People

Key People

Matt Huang, Fred Ehrsam, Alana Palmedo

Daniel RobinsonPartner

Justin WangPartner

Alpin YukselogluPartner

Frankie (Paradigm)Co-Lead Investor

N°04 / See also

Related Funds

Forerunner Ventures Fund VII.

Fund size$500M

Location: United States
Stage: Seed
Focus: Ai Ml, Ecommerce, Digital Education Consumer
Manager: Kirsten Green, Eurie Kim, Brian Omalley

Seed

Ai Ml

Ecommerce

Digital Education Consumer

B Capital Ascent Fund III

Fund size$500M

Location: United States
Stage: Seed
Focus: Ai Ml, Digital Health, Enterprise Software, Energy Tech, Deep Tech
Manager: Howard Morgan, Eduardo Saverin, Raj Ganguly

Seed

Ai Ml

Digital Health

Enterprise Software

Energy Tech

Deep Tech

Plug and Play Fintech & AI Fund

Fund size$50M

Location: United States
Stage: Pre Seed
Focus: Ai Ml, Fintech, Saas
Manager: Saeed Amidi, Eugenio Gonzalez

Pre Seed

Ai Ml

Fintech

Saas