OUR STORY
In 2015, we founded Arcadea to fund next-generation companies with patient, risk-on capital — investing years before novel ideas become consensus. Over the last decade we've made substantial progress toward this goal. And we've broadened our focus to include publicly traded companies.
BY THE NUMBERS
150+
Portfolio Companies
Over the last decade, we've invested in over 150 early-stage companies. Historically 90% of our investments have been at the Pre-Seed, Seed, and Seed+ stages.
58%
Historical IRR
To date, we've generated a blended internal rate of return of 58.3% across public and private markets. That amounts to doubling the value of our investments every 1.23 years.
10+
Substantial Exits
Our exits include Palantir, Planet Labs, Guardant Health, Robinhood, and Desktop Metal. As well as public market acquisitions including Playtika's purchase of SuperPlay, Coinbase's purchase of Bison Trails, and Hut 8's merger with U.S. Bitcoin.
TIMELINE
2015
Arcadea was founded with the mission of funding next-generation companies and embodying patient, risk-on capital over a decades long time horizon.
2016
We founded Blackletter and began making our first venture capital investments. Among them were early investments in Notion and Empower. Followed by our first acquisition of a minority GP stake in Polychain.
2018
We founded Nature & Wildlife Fund with a $100,000 gift and a commitment to give 5% of our annual profits to the foundation each year. N&WF's sole focus is on protecting and preserving the natural world through conservation, rewilding, sustainable farming, and nature education.
2019
2021
We founded Primal Funds to expand our investment practice to include public equities after several years of R&D. Primal Funds are optimized for preserving and compounding wealth, as well as generating yield. Our funds are low cost, tax efficient, and primarily passive.
2025
We celebrated our 10th anniversary. To commemorate it, we published our first Founder Letter covering the lessons learned in our first decade in business.
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