Avichal Garg’s tour through tech began at Google, and he landed at Facebook in 2012 after the social-media giant bought Spool, his mobile bookmarking startup. At Facebook, he led product management for a 400-engineer team. His investing career involved a brief stint at Y Combinator, after which he struck out on his own to build Electric Capital, a firm that invests across fintech and crypto. He’s now among the beneficiaries of a wave of capital pouring into Web3 — a catchall term for crypto, blockchain, and metaverse companies — with two newly closed funds worth $1 billion.
Location
Stanford, California
Notable investments
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$500K - $1M
$1M - $3M
$3M - $10M
Rounds their fund invests in
Seed
Series A
Rounds their fund leads
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Sectors their fund invests in
Web3 / Crypto
Marketplaces
Geographies their fund invests in
USA
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Funds they're a part of
Electric Capital
About the Fund
Investing in the next generation of iconic founders building the future of crypto. Electric team members have collectively started eight companies (six acquired), shipped products for billions of users, run billion-dollar business units, invested in 100+ technology startups that now have a cumulative market cap of $50B+, and traded billions in derivatives.
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