Blockchain Capital
SlowingFiled to raiseSan Francisco, CAInvestment ManagementLast fund filed March 2025
5 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| BCAP GROWTH II | March 2025 | Indefinite | $288M | 69 |
| BCAP GROWTH II FEEDER | March 2025 | Indefinite | $38M | 9 |
| BCAP VII | March 2025 | Indefinite | $288M | 77 |
| BCAP VII FEEDER | March 2025 | Indefinite | $64M | 14 |
| BCAP OppFundFiled to raise in 2022, with no closing reported yet. |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
7 partners are named across this firm’s filings, 5 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Paul StephensNot on the current fund | Slowing | None listed | 3 |
Too few companies classified yet to infer a focus. 2 of 11 portfolio companies are classified.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Blockchain Capital’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Foundry Group | 1 | Blocknative |
A shared board seat: a company where filings name a Blockchain Capital partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.
| 2022 |
| $400M |
| $0 |
| 0 |
| BCAP VIFiled to raise in 2022, with no closing reported yet. | 2022 | $400M | $0 | 0 |
| Blockchain Capital V QPFiled to raise in 2020, with no closing reported yet. | 2020 | $250M | $0 | 0 |
| Blockchain Capital IV | October 2017 | $125M | $125M | 99 |
| Blockchain Capital Parallel IV | October 2017 | $25M | $25M | 2 |
| CRYPTO CURRENCY PARTNERS II | November 2014 | $20M | $4M | 10 |
| CRYPTO CURRENCY PARTNERS | February 2014 | Indefinite | $1.1M | 20 |
| NANOCAP FUND | May 2003 | Indefinite | $82M | 31 |
| ORPHAN FUND L P | March 1990 | Indefinite | $134M | 65 |
| 1 |
| Aleks Larsen | Quiet | None listed | 2 | 0 |
| Brock PierceNot on the current fund | Quiet | Fintech | 3 | 0 |
| Kinjal Shah | Quiet | None listed | 0 | 0 |
| P. Stephens | Quiet | None listed | 0 | 0 |
| Spencer Bogart | Quiet | Crypto & web3 | 1 | 0 |
| W. Stephens | Quiet | None listed | 2 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.