Venture capital firm
Galaxy portfolio
galaxy.comGalaxy is a venture capital firm, founded in 2018. It has invested in 113 venture-backed companies across 126 funding rounds on VCMC, and led 28 of those rounds. 4 of them were in the last 12 months.
113
Venture-backed companies
in its portfolio on VCMC
126
Funding rounds
led 28
4
Last 12 months
rounds, Oct 2025 to Sep 2026
29
With a disclosed valuation
of 113 companies
$119.2B
Combined value of its private companies
the whole companies, not what Galaxy owns
109 private companies Galaxy has backed have a VCMC valuation; together they are worth $119.2B. That is the value of the whole companies, not what Galaxy owns. Ripple is 40% of the total. 4 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Galaxy's most valuable portfolio companies
The 10 most valuable private companies Galaxy has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Ripple Cryptocurrency, San Francisco $48.2B range $34.8B – $55.8B Joined at Growth, 2025
- 2 Etched Electronical Components Manufacturing, San Jose $21.4B range $18.3B – $26.6B Joined at Series A, 2024
- 3 Commonwealth Fusion Systems Electric Supplies & Power Generation, Harvard $9.8B range $6.5B – $16.9B Joined at Series B, 2025
- 4 Fireblocks Software Development Services, Tel Aviv $7.5B range $1.1B – $11.2B Joined at Series B, 2020
- 5 Polygon Cryptocurrency $4.1B range $1.4B – $21.9B Joined at Growth, 2022
- 6 StockX Clothing Stores $2.5B range $221M – $3.9B Joined at Series E, 2020
- 7 Hosting & Cloud Infrastructure Providers, Los Angeles $2.1B range $238M – $4.5B Joined at Series C, 2022
- 8 Software Development Services, New York $2.0B range $1.3B – $2.6B Joined at Series A, 2021
- 9 Acorns Investment Consultants & Financial Advisors, Irvine $2.0B range $178M – $2.7B Joined at Series F, 2022
- 10 Insurance - Agents, Carriers & Brokers, Austin $1.7B range $1.1B – $2.1B Joined at Series B, 2025
Portfolio
Full Galaxy portfolio (113 companies)
113 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Blockscout Tech Companies · since Seed, 2024 | Seed Aug 2024 $3.0M | $9.20M | $5.42M – $17.3M | $5.35M (-42%) | $7.06M | 97% | 21 | shrinking | B | |
| 2 | Commonwealth Fusion Systems Electric Supplies & Power Generation · since Series B, 2025 | Series C Jul 2026 $1.00B | $9.8B | $6.5B – $16.9B | $11.9B (+22%) | $1.3B | 0% | 1,114 | flat | B | |
| 3 | Etched Electronical Components Manufacturing · since Series A, 2024 | Growth Equity Aug 2026 $700M | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | – | growing | A | |
| 4 | Ripple Cryptocurrency · since Growth, 2025 | Debt Aug 2026 $275M | $48.2B | $34.8B – $55.8B | $48.5B (+1%) | $4.4B | 0% | 2,258 | growing | A | |
| 5 | Fireblocks Software Development Services · since Series B, 2020 | Series E Jan 2022 $550M | $7.5B | $1.1B – $11.2B | $7.2B (-4%) | $1.4B | 0% | 970 | up | D | |
| 6 | Current Banks & ATMs · since Series B, 2019 | Series E Jun 2026 $80M | $1.7B | $1.3B – $2.3B | $2.0B (+21%) | $223M | 0% | 510 | growing | A | |
| 7 | Polygon Cryptocurrency · since Growth, 2022 | Growth Equity Feb 2022 $450M | $4.1B | $1.4B – $21.9B | $4.0B (-4%) | $2.3B | 81% | 366 | down | D | |
| 8 | Acorns Investment Consultants & Financial Advisors · since Series F, 2022 | Series F Mar 2022 $300M | $2.0B | $178M – $2.7B | $1.9B (-7%) | $288M | 1% | 599 | flat | D | |
| 9 | StockX Clothing Stores · since Series E, 2020 | Series E Dec 2020 $275M | $2.5B | $221M – $3.9B | $2.5B (0%) | $487M | 2% | 1,515 | flat | D | |
| 10 | BlockFi Cryptocurrency · since Series A, 2019 | Series D Mar 2021 $350M | $30.3M | $0 – $30.3M | $30.3M (0%) | – | 100% | 179 | flat | dead | |
| 11 | Tech Companies · led at Series A, 2018 | Series D Oct 2025 | $1.2B | $618M – $2.5B | $801M (-36%) | $179M | 97% | 37 | shrinking | C | |
| 12 | Tech Companies · since Series B, 2020 | Series C Jul 2021 $113M | $81.6M | $38.8M – $295M | $72.1M (-12%) | $78.8M | 97% | 22 | shrinking | D | |
| 13 | Tech Companies · since Series A, 2022 | Growth Equity Sep 2024 $100M | $773M | $292M – $1.2B | $519M (-33%) | $78.5M | 23% | 54 | flat | C | |
| 14 | Tech Companies · led at Seed, 2023 | Series A Aug 2024 $55M | $170M | $101M – $349M | $82.9M (-51%) | $74.1M | 97% | 31 | shrinking | C | |
| 15 | Tech Companies · since Series A, 2019 | Other May 2026 $5.0M | $36.1M | $13.3M – $267M | $34.3M (-5%) | $36.4M | 97% | 53 | down | D | |
| 16 | Tech Companies · led at Series D, 2018 | Series D Jun 2018 $35M | $256M | $23.0M – $634M | $256M (0%) | $62.6M | 18% | 34 | flat | D | |
| 17 | Tech Companies · since Seed, 2018 | Other Oct 2019 $17M | $20.3M | $4.23M – $84.9M | $20.3M (0%) | $23.2M | 97% | 31 | shrinking | D | |
| 18 | Tech Companies · since Series A, 2019 | Acquisition Dec 2024 $200M | $235M acquired 2024 | $40.3M – $333M | – | – | 0% | 140 | up | D | |
| 19 | Tech Companies · since Series B, 2022 | Series B Apr 2022 $25M | $37.9M | $13.6M – $242M | $33.1M (-13%) | $29.5M | 97% | 26 | down | D | |
| 20 | Tech Companies · since Seed, 2021 | Series A Feb 2022 $15M | $89.6M | $12.5M – $244M | $82.6M (-8%) | $37.8M | 41% | 23 | flat | D | |
| 21 | Software Development Services · led at Series A, 2018 | Series A Jun 2018 $15M | $100M | $5.48M – $159M | $96.7M (-4%) | $21.0M | 3% | 100 | flat | D | |
| 22 | Tech Companies · since Series A, 2021 | Series A Jun 2021 $15M | $80.7M | $8.26M – $262M | $77.3M (-4%) | $27.1M | 32% | 86 | up | D | |
| 23 | Tech Companies · since Seed, 2022 | Seed Mar 2022 $14M | $20.5M | $5.26M – $65.3M | $19.2M (-6%) | $25.0M | 97% | 36 | shrinking | D | |
| 24 | Tech Companies · since Seed, 2022 | Seed Jan 2022 $12M | $16.7M | $5.48M – $41.3M | $16.3M (-3%) | $21.4M | 97% | 20 | shrinking | D | |
| 25 | Software Development Services · led at Seed, 2020 | Series A Oct 2024 $11M | $53.6M | $22.6M – $130M | $35.5M (-34%) | $15.6M | 91% | 57 | down | C | |
| 26 | Payment Processing & Point of Sale · led at Seed, 2025 | Seed Jun 2025 $10M | $133M | $35.5M – $203M | $133M (0%) | $24.0M | 0% | 17 | unknown | C | |
| 27 | Tech Companies · since Series B, 2024 | Series B Feb 2024 $10M | $78.8M | $35.9M – $186M | $44.1M (-44%) | $18.7M | 86% | 22 | down | C | |
| 28 | Hosting & Cloud Infrastructure Providers · led at Series A, 2022 | Series A Sep 2022 $8.0M | $12.5M | $4.27M – $90.1M | $9.28M (-26%) | $11.2M | 97% | 9 | down | D | |
| 29 | Tech Companies · led at Seed, 2022 | Seed Apr 2022 $8.0M | $86.5M | $3.73M – $169M | $81.6M (-6%) | $24.0M | 0% | 19 | flat | D | |
| 30 | Tech Companies · since Seed, 2022 | Seed Apr 2022 $8.0M | $82.1M | $5.45M – $125M | $77.9M (-5%) | $16.0M | 0% | 22 | up | D | |
| 31 | Software Development Services · led at Seed, 2021 | Seed Aug 2021 $7.0M | $49.2M | $2.56M – $107M | $50.7M (+3%) | $14.0M | 20% | 1 | unknown | D | |
| 32 | Cryptocurrency · led at Series A, 2023 | Series A Nov 2023 $6.3M | $8.31M | $4.20M – $23.2M | $4.60M (-45%) | $6.35M | 97% | 7 | shrinking | C | |
| 33 | Investment Consultants & Financial Advisors · since Seed, 2022 | Seed Oct 2022 $5.0M | $10.5M | $2.60M – $30.7M | $8.47M (-19%) | $8.82M | 97% | 13 | shrinking | D | |
| 34 | Software Development Services · since Series A, 2022 | Series A Nov 2022 $5.0M | $58.1M | $5.28M – $88.4M | $58.0M (0%) | $8.15M | 0% | 36 | up | D | |
| 35 | Cryptocurrency · led at Seed, 2023 | Seed Mar 2023 $4.5M | $54.9M | $3.73M – $83.5M | $54.9M (0%) | $9.88M | 0% | 4 | unknown | D | |
| 36 | Tech Companies · led at Seed, 2024 | Seed Oct 2024 $4.5M | $38.2M | $10.4M – $74.7M | $31.2M (-18%) | $11.2M | 40% | 13 | flat | C | |
| 37 | Tech Companies · since Seed, 2021 | Seed Aug 2021 $3.0M | $0.23M | $0 – $0.23M | $0.23M (0%) | – | 100% | 36 | down | dead | |
| 38 | Tech Companies · led at Seed, 2019 | Seed Oct 2019 $3.0M | $13.3M | $1.17M – $57.4M | $13.3M (0%) | $7.20M | 46% | 5 | unknown | D | |
| 39 | Investment Consultants & Financial Advisors · since Seed, 2017 | Seed Oct 2017 $2.7M | $6.71M | $1.01M – $25.8M | $6.50M (-3%) | $3.89M | 46% | 31 | up | D | |
| 40 | Software Development Services · led at Seed, 2021 | Seed Jun 2021 $2.5M | $27.8M | $0.91M – $42.3M | $27.8M (0%) | $5.00M | 0% | 1 | unknown | D | |
| 41 | Tech Companies · since Seed, 2021 | Seed Feb 2021 $2.0M | $0.12M | $0 – $0.12M | $0.12M (0%) | – | 100% | 6 | unknown | dead | |
| 42 | Media Companies · since Seed, 2021 | Seed May 2021 $2.0M | $16.3M | $1.06M – $28.9M | $15.7M (-4%) | $4.00M | 6% | 20 | up | D | |
| 43 | Cryptocurrency · led at Seed, 2022 | Acquisition Feb 2025 | $22.5M acquired 2025 | $4.71M – $61.9M | – | – | 50% | 9 | unknown | D | |
| 44 | Insurance - Agents, Carriers & Brokers · led at Series A, 2025 | Series A Feb 2025 | $90.0M | $28.2M – $179M | $90.0M (0%) | $14.5M | 0% | 15 | growing | C | |
| 45 | Hosting & Cloud Infrastructure Providers · since Series C, 2022 | Series C Jan 2022 $207M | $2.1B | $238M – $4.5B | $2.0B (-6%) | $485M | 20% | 207 | flat | D | |
| 46 | Food Production · since Series C, 2021 | Series D Nov 2025 $55M | $847M | $479M – $1.3B | $767M (-9%) | $104M | 41% | 160 | growing | B | |
| 47 | Tech Companies · led at Series A, 2019 | Series C Mar 2022 $200M | $546M | $182M – $3.7B | $504M (-8%) | $411M | 85% | 190 | down | D | |
| 48 | Tech Companies · since Growth, 2021 | Growth Equity Mar 2023 $28M | $346M | $47.8M – $607M | $331M (-5%) | $37.9M | 2% | 144 | flat | D | |
| 49 | Tech Companies · since Series A, 2021 | Series B Aug 2021 $130M | $730M | $154M – $2.4B | $683M (-6%) | $354M | 57% | 140 | down | D | |
| 50 | Biotechnology · since Series B, 2021 | Grant Feb 2026 $31M | $389M | $39.1M – $1.3B | $368M (-5%) | $113M | 28% | 30 | flat | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Galaxy invests: stages, industries and countries
Most of its rounds are Series A (37%). Its companies span 25 industries, most in Tech Companies, Cryptocurrency and Software Development Services, across 20 countries.
Rounds by stage
- Pre-seed 1
- Seed 41
- Series A 46
- Series B 21
- Series C and later 17
Investments by industry
- Tech Companies 44
- Cryptocurrency 19
- Software Development Services 11
- Video Games - Development & Publishing 9
- Hosting & Cloud Infrastructure Providers 3
- Investment Consultants & Financial Advisors 3
- Business Consulting 2
- Data Solutions 2
Investments by country
- United States 79
- Cayman Islands 4
- India 4
- United Kingdom 4
- Canada 2
- China 2
Recent rounds
Galaxy's latest investments
Galaxy's most recent funding rounds, newest first. 4 rounds in the last 12 months.
- Series A $35M 23 Dec 2025
- Series C $100M 16 Dec 2025
- Series B $150M 2 Dec 2025
- Ripple Growth $500M 5 Nov 2025
- Commonwealth Fusion Systems Series B $863M 28 Aug 2025
- Seed, led $10M 17 Jun 2025
- Seed, led $4.0M 8 Jun 2025
- Series A, led $12M 4 May 2025
- Pre-seed $1.0M 3 Mar 2025
- Series A, led amount not disclosed 13 Feb 2025
Co-investors
Galaxy's top co-investors
The investors that most often join the same rounds as Galaxy. Andreessen Horowitz leads, with 9 rounds together.
- Andreessen Horowitz 9 rounds together
- Tiger Global 8 rounds together
- 8 rounds together
- 7 rounds together
- 7 rounds together
- Paradigm 6 rounds together
- 6 rounds together
- 5 rounds together
- 5 rounds together
- 5 rounds together
About
About Galaxy
Galaxy Digital Partners LLC is a global financial services company engaged in digital assets and AI infrastructure. The company provides trading, lending, derivatives, staking, tokenization, and self-custody services, as well as asset management and infrastructure solutions for institutional investors. Galaxy also operates data centers equipped with AI and high-performance computing infrastructure, supporting blockchain-based solutions for staking, tokenization, and self-custody. Its clientele includes trading firms, hedge funds, institutional investors, individual investors, banks, financial institutions, founders, web3 entrepreneurs, miners, and the broader financial services sector. The company is headquartered in New York City and has a presence in North America, Europe, and Asia.
Description from Veridion's company data.
- Founded
- 2018
- Team
- 2,411 people, +18% in a year
- Type
- Venture capital firm
Focus markets
- Financial Services
- Artificial Intelligence
What Galaxy offers
- Digital Asset Trading Services
- Digital Asset Lending Solutions
- Digital Asset Derivatives Trading
- Digital Asset Staking Services
- Digital Asset Tokenization Services
- Digital Asset Self-Custody Services
- Institutional Digital Asset Fund Management
- Active and Passive Digital Asset Fund Management
Questions
Galaxy: frequently asked questions
How many companies has Galaxy invested in?
113 venture-backed companies on VCMC, across 126 funding rounds.
What are Galaxy's most valuable private companies?
Ripple ($48.2B), Etched ($21.4B), Commonwealth Fusion Systems ($9.8B), by VCMC's valuation.
What was Galaxy's latest investment?
Architect, a Series A round in Dec 2025 of $35M.
Which stages does Galaxy invest in?
Galaxy invests most often at Series A (46 rounds), followed by seed (41) and Series B (21). It has also joined 17 Series C and later and 1 pre-seed rounds.
What is Galaxy's portfolio worth?
Its private companies with a VCMC valuation are worth $119.2B together. That is the sum of the companies' values, not what Galaxy owns.
Who does Galaxy invest alongside?
Andreessen Horowitz (9 rounds), Tiger Global (8 rounds), CoinFund (8 rounds).