KD

Kevin Ding

GP, venture investment and incubation, seeded 25+ unicorns since 2014

San Francisco Bay Area

Work Experience

2017

  • Seed Investor

    2017

    Seed round investor before the company breakout. Leader in HR/IT software. We are in the bundling of SaaS movement, and Rippling is the new one stop shop for enterprises to manage everything. Rippling has more than 10 first party SaaS and integrated over 100 ecosystem SaaS. Rippling closed 250m series C at $6.5B valuation in 2021, closed Series D in 2022 at $11B valuation.

2015

  • Investor

    2015

    Reinvent the secondary storage industry through hyper convergence infrastructure and hybrid cloud Unicorn big data storage company. 2021 round put company valuation at 3.7B. IPO to watch. Pre revenue investor, from second round onwards doubling down to Series D

  • LP and early backer

    2016

    Polychain Capital is one of the world's largest and most impactful crypto fund with $10B AUM. I’m an early backer/investor of Polychain on the GP holding company entity side since when it was just founded in 2016 when they started out raising the 1st 4m vehicle. Also LP-ed as early backer. It's exhilarating to have the opportunity to invest and work with such a wonderful team of crypto native investors since their founding! Polychain portfolios include Eigenlayer, Polyhedra, Arbitrum, Uniswap, Cubist, Dydx, etc.

  • Seed Investor

    2021

    Lead the first round. Founded by Stanford Prof. David Tse, Babylon aims to leverage bitcoin network security to enhance PoS chains. Babylon has created a staking and restaking primitive for Bitcoin. Bitcoin can now be staked trustlessly with self-custody to secure proof-of-stake ecosystems. This is the first safe and scalable yield opportunity for Bitcoin holders that does not involve bridging or third party custody or moving BTC off-chain. This also extends Bitcoin's superior security and decentralization properties to all of web3 and creates a $1T staking asset.

2013

  • General Partner

    2013

    Built one of the earliest institutional crypto VC funds since 2014(DHVC) since day 1, with several hundred millions USD raised. Invest across early to growth stage, both equity and crypto deals, with offices in Silicon valley and Beijing. Trained as a math Olympiad medalist, I believe in leveraging breakthrough technology to achieve “in math we trust”. AI in web2 and zero knowledge cryptography in web3 are the most beautiful constructs that reveal the law of nature. In first principles, I invest in mathematically inspired systems such as data center technologies and multichain computing paradigms to achieve the goal of performance and security, and to extend the digital computing horizon. Thrilled to have led, co-led, sourced and/or be closely involved with investments in Cohesity, Viz AI, Deliverr, Optimizely, Rippling, Compound Finance, Branch Metrics, HashGraph, Cosmos, Chia, BabylonChain, Polychain Capital, Fantom, Tubi TV(acquired by Fox), Grubmarket etc. Working to find and partner with exceptional entrepreneurs to build category defining companies More than 40 portfolios have reached billion dollar valuation with more than 50 going public events(AI, crypto, bio-informatics).

  • Seed Investor

    2018

    One of the first institutional investors in Fantom's seed round in 2018. It's great to see Andre Cronje defining the DeFi category as one of the most prolific founder in crypto.

  • Seed Investor

    2018

    First round institutional investor

  • Investor

    2018

    First round investor of Compound Finance, the leading DeFi money market protocol https://compound.finance/

  • Investor

    2017

    1st investor in Deliverr Deliverr is the uber of Fulfillment, powering FBA-like experience for e-commerce players Deliverr grew 8x in revenue run rate in 2020 COVID period, became market leader and raised Series D at 885M Val. Series E in 2021 value the company at 2B Val. *In 2022, Shopify acquired Deliverr is a deal valued at $2.1B, $1.7B in cash and $0.4B in stock.

2017

  • Early Stage Investor

    2017

    *Acquired by Fox Group for 500M in 2020. The world leader in AVOD(ad-supported video on demand) industry. Reached top 100 grossing app in over 30 countries. Co-lead the first round investment in Tubi in 2017 right after the company pivoted