$350M Fund Doubles Down on Crypto Investments for Jump Capital

Jump Capital has closed its seventh venture fund, Fund VII, with $350 million in total capital commitments. This is the firm's largest fund to date and will focus on early-stage crypto investments, including blockchain infrastructure, DeFi, Web3, fintech, and enterprise software startups.

The new vehicle will continue investing in traditional sectors such as fintech, IT and data infrastructure, future of commerce and media, and B2B SaaS, while allocating more resources to blockchain and digital asset companies. Since its launch, Jump Capital has completed over 100 investments and nearly 30 exits, with notable portfolio companies including Personal Capital, acquired by Empower, Flashpoint, acquired by Audax, and Tubi, acquired by Fox.

Jump Capital began investing in crypto roughly seven years ago before building a dedicated investment team led by partners Saurabh Sharma and Peter Johnson. The firm has expanded its crypto portfolio through investments in Securitize, Shelby, and KGeN over the past year. With Fund VII now closed, Jump Capital plans to continue supporting early-stage technology companies while dedicating additional capital and personnel to blockchain infrastructure, decentralized finance, crypto networks, gaming, and other parts of the digital asset ecosystem.