Avichal Garg

Co-Founder & Managing Partner, Electric Capital

Electric Capital co-founder investing in crypto infrastructure

Global, headquartered in San Francisco$1M–$15M+ checks8 notable investments

SeedSeries A

Website LinkedIn 𝕏@avichal Electric Capital Crunchbase

CryptoInfrastructureDeveloper ToolsFintechDeep Tech

Background

Avichal Garg is Co-Founder and Managing Partner of Electric Capital, a crypto and Web3 venture firm he co-founded in 2018. He previously held product leadership roles at both Google and Facebook, where he helped build Facebook Connect. He founded and exited two startups: PrepMe (acquired by Naviance) and Spool (acquired by Facebook in 2012). He serves as Chairman of the Crypto Council for Innovation. Electric Capital is known for its annual developer report analyzing millions of open-source code commits to measure ecosystem health. As an angel investor, Garg has backed 15+ unicorns including Airtable, Figma, Notion, Coinbase, and Deel. The firm has 8 unicorns in its portfolio including Monad Labs and Mysten Labs.

Investment Thesis

Invests in programmable money, foundational crypto-native protocols, and Web3 infrastructure using an engineering-led, data-driven approach; developer activity is the most crucial leading indicator of where value will be created.