Multicoin Capital

Multicoin Capital

This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Headquarters Location

United States, Austin

About

Multicoin Capital is the renowned VC, which was created in 2017. The the headquarters of this VC is in Austin. The fund is located in United States, North America.

Moreover, a start-up needs to be 2-3 years old to get investment from this fund. The fund has no a preferred number of founders for start-ups that it invests in. If the applying start-up has 1 founder, it is very unlikely that funding will be awarded. Among the most popular portfolio start-ups of the fund, are DFINITY, Helium, dfuse. Among their most successful investment fields, we have identified Bitcoin, Software. Also, because of its portfolio diversification tendency, we can highlight 8 more industries for this fund. The country of its establishment and the country of its most frequent investments coincides - United States. However, start-ups from 5 other countries can be found in the fund's portfolio.

The most common rounds for this fund are in the range of 10 - 50 millions dollars. In 2019, the fund's activity was at its peak. When Multicoin Capital invests, the average start-up valuation is more than 1 billion dollars. The fund typically enters into 7-12 deals annually. The fund performance shows that this VC achieves 3 percentage points less exits in comparison to other VCs.

The fund typically invests in rounds with 8-9 participants. Aside from Multicoin Capital, start-ups are often funded by SV Angel, FirstMark, Slow Ventures and 10 other funds. The fund often co-invests with Slow Ventures, Scalar Capital, SV Angel, overall with 27 funds from our list. The investors in the following rounds are usually MetaStable Capital, HashKey Capital, Electric Capital, and 1 VC in total.

This VC was founded by Kyle Samani, Tushar Jain. Besides the listed founders, we have found 4 key employees of this fund in our database.

Year Founded

2017

Fund Activity

Operative

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

4-6

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

5.0% of cases

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

12 years

Decision Makers / Strategy
Similarity Index [see explanation at unicorn-nest.com/dataset-what-we-tweet-vs-what-we-invest]

0.44 out of 1

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.3 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

1

Funds Investing in Previous
Rounds

SV Angel, FirstMark, Slow Ventures

Funds Investing Together

Slow Ventures, Scalar Capital, SV Angel

Funds Investing in Following
Rounds

MetaStable Capital, HashKey Capital, Electric Capital

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