Galaxy Ventures
Fund snapshot
- Lookout tier
- Tier 2
- Lookout score
- 85/100
- AUM
- $175M
- Vintage
- 2018
- Check size
- $1M – $25M
- Stage
- Seed, Series A, Series B
- Role
- Leads rounds
Lookout's read
How Lookout reads this fund.
Galaxy brings a TradFi-native lens most crypto VCs lack — institutional credibility, balance sheet and regulatory fluency. Closing an oversubscribed first external fund in a tough 2025 market, then deploying fast into Monad and Ethena, signals momentum. More fintech-and-stablecoin-forward than a frontier AI shop.
Fund thesis
What they back.
Back early-stage teams building the on-chain economy at the intersection of TradFi and crypto — with conviction in stablecoins, payments, tokenization and the infrastructure underpinning them.
Portfolio
Notable bets · 4
1 with realized tokens or exits
Ethena
Monad
Plume
M^0
Team
Who runs the capital.
Mike Giampapa
@mikegiampapaGeneral Partner
Ex-IVP and Bessemer; leads Galaxy Ventures Fund I with a fintech/stablecoin focus.
Mike Novogratz
@novogratzFounder & CEO, Galaxy
Ex-Goldman partner and Fortress principal; founded Galaxy in 2018.
Co-investors
Who they ride with.
Facts public-source · tier & read are Lookout judgment · profile updates continuously