Growth-stage investments in financial infrastructure and frontier technology companies with defensible technical moats

THE OPPORTUNITY

  • Three Converging Forces Reshaping Finance

    Stablecoins process $15 trillion annually, bringing dollar liquidity to markets inaccessible through traditional banking. As global commerce tokenizes and AI agents become economic participants, infrastructure enabling programmable payments and autonomous transactions captures exponential value.

  • Dollar Payments Shifting to Digital Rails

    Stablecoins facilitate an estimated $10–15 trillion in annual transaction volume, increasingly used for cross-border settlement where traditional correspondent banking is slow or costly. As global trade and dollar demand persist, digital dollar rails continue to gain share within a $150+ trillion global payments market.

  • Programmable Money Reshaping Finance

    Smart contracts enable automated settlement, collateral management, and 0repayment in lending, loans, and trade finance, reducing operational friction and counterparty risk. As financial activity migrates to programmable rails, these mechanisms lower transaction costs and improve capital efficiency, supporting broader adoption.

  • AI Agents as Economic Operators

    AI agents are poised to autonomously run enterprise and personal workflows from procurement and logistics to marketing and financial management. As these systems prepare to initiate billions of transactions at scale, a critical gap emerges: payment infrastructure built for humans, not machines. The demand for programmable, machine-native payment rails is arriving ahead of the curve.

Growth Equity: The Risk-Adjusted Advantage

Growth equity occupies the strategic middle ground between venture capital's binary outcomes and buyouts' leverage dependence. We focus exclusively on the stage where value creation's most powerful driver—sustained revenue growth—is already validated and ready to scale.

At this inflection point, companies have proven product-market fit, established unit economics, and demonstrated repeatable growth. Our capital and expertise accelerate their trajectory from proven concept to market dominance.

1. Lower Risk Profile

Growth equity delivers moderate risk with high growth potential. Loss ratios average 9% compared to venture capital's 60%, while maintaining meaningful upside through revenue expansion rather than high leverage.

2. Growth Creates Margin of Safety

Companies growing more than 20% annually achieve greater than 3x MOIC in 68% of cases. High growth justifies premium valuations at exit and provides crucial cushion against execution risk.

3. Proven But Scalable

We invest after technology risk is eliminated but before growth trajectory plateaus. This timing captures the exponential phase while minimizing binary execution uncertainty.

Turning Access Into Opportunity

We identify companies destined for market leadership. Our network connects exceptional founders with the capital, talent, and strategic partnerships that transform vision into reality.

Years of quantitative analysis and market research have taught us to recognize the fundamental patterns of business success. We find companies where growth, leadership, and market dynamics align to create inevitable outcomes.

Investment Criteria

  • Business Growth

    20%+ YoY revenue growth, strong unit economics, and a clear, defensive business model that demonstrates proven market traction.

  • Proven Leadership

    Track record of scaling companies, industry expertise and credibility, with the ability to attract top talent.

  • Demand Dynamics

    Strong institutional interest, multiple exit pathway visibility, and growing markets with powerful tailwinds.