Fred Ehrsam – Startup Investor Profile

Fred Ehrsam is an American entrepreneur and investor known for co-founding cryptocurrency investment firm Paradigm and Coinbase. His investment thesis revolves around backing mission-driven founders at the earliest stages. He specializes in businesses with potentially large network effects and focuses on areas like crypto, healthcare, and climate. Fred Ehrsam typically invests in early-stage startups and has made previous investments in companies like Praxis Society, Radworks, and dYdX among others. He has a track record of success and has received recognition for his contributions to the cryptocurrency industry. His investment check size is not specifically mentioned, but his firm, Paradigm, raised a $2.5 billion fund in 2021. Ehrsam is known for his active involvement in the field and stepping down from his managing partner role at Paradigm in 2023.

Location: San Francisco, CA

Country: United States of America

Investment Regions:

Investment Stages: pre-seed, seed

Website:

AI Reasoning: Search results show Paradigm (co-founded by Fred Ehrsam) made multiple investments in 2025, including portfolio activity in Oct 2025 and other months in 2025. That indicates Fred Ehrsam has recent investments within the past 6 months. Example portfolio companies include dYdX (prior investment) and more recent Paradigm investments listed in Tracxn (e.g., investments in 2025). The most recent known investments are within 6 months, so classify as active.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.