# Curtis Spencer

> Curtis Spencer is a seed investor at Electric Capital backing Blockchain and Cryptocurrency. See 11 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Electric Capital](https://shizune.co/investors/profile/electric-capital)
- Location: San Francisco, United States
- Total investments: 11
- Last investment: Mar 2025
- Lead investor: 36%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/curtisspencer
- X (Twitter): http://twitter.com/jubos
- Website: http://www.getspool.com

Curtis Spencer is a seed investor at Electric Capital in San Francisco focused on Blockchain and Cryptocurrency. Curtis Spencer is the Partner & Co-Founder at Electric Capital. Attended Stanford University.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 5 | 45% |
| Cryptocurrency | 4 | 36% |
| FinTech | 2 | 18% |
| Software | 2 | 18% |
| Information Technology | 2 | 18% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 64% |
| Series C | 1 | 9% |
| Funding Round | 1 | 9% |
| Initial Coin Offering | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 6 | 55% |
| Canada | 1 | 9% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Axelar Network | Axelar is a cross-chain communication tool developing interoperability software to connect blockchain ecosystems, applications, and users. Axelar Network consists of a protocol suite, tools, and APIs, designed to break down the barriers to cross-chain communication. Axelar enables developers to build on the best platform for their needs whileleveraging the Axelar stack to unlock cross-chain composability and liquidity.The company was founded by Sergey Gorbunov and Georgios Vlachos in 2020. | $30M | Initial Coin Offering | Mar 11, 2025 |  |
| Ava Protocol | OAK Network’s innovation, the event-driven transaction, allows users to create bespoke on-chain automation not possible today. Incumbent “automation” solutions are not consumer-friendly, requiring coding knowledge, AWS servers, and private key delegation. OAK’s more powerful transaction shifts the paradigm of automation from centralized servers tothe blockchain. With OAK, users are empowered to schedule future and recurring payments, engage in trustless auto-trading, and place decentralized limit and stop-loss orders on AMM DEXs all without smart contract middlemen or compromising the security of a user's wallet. | $4.5M | Seed | Jun 11, 2024 |  |
| Fordefi | Fordefi is a technology company that specializes in providing decentralized finance (DeFi) solutions and services. The platform aims to empower users by offering innovative financial products and tools that leverage blockchain technology, enabling secure and transparent transactions.Fordefi focuses on creating an accessible ecosystem for users toengage in various financial activities, such as lending, borrowing, and trading cryptocurrencies. The platform is designed to provide users with greater control over their financial assets, eliminating the need for traditional intermediaries.In addition to its core DeFi offerings, Fordefi emphasizes user education and community engagement, helping users understand the benefits and risks associated with decentralized finance. By fostering a supportive environment, the company aims to promote the adoption of DeFi solutions. | $10M | Seed | Feb 13, 2024 |  |
| Anoma | A sovereign, proof-of-stake blockchain protocol that enables private, asset-agnostic cash and private bartering among any number of parties. | $25M | Series C | May 30, 2023 |  |
| Soul Wallet | Soul Wallet is a smart contract wallet. | $3M | Seed | Mar 16, 2023 |  |
| Tonic | Tonic is building a permissionless decentralized protocol for fast and seamless trading of any asset on NEAR and Aurora. The platform will enable developers building on NEAR’s Layer 1 solution to integrate trading functionality into their applications. | $5M | Seed | Apr 26, 2022 |  |
| Ava Protocol | OAK Network’s innovation, the event-driven transaction, allows users to create bespoke on-chain automation not possible today. Incumbent “automation” solutions are not consumer-friendly, requiring coding knowledge, AWS servers, and private key delegation. OAK’s more powerful transaction shifts the paradigm of automation from centralized servers tothe blockchain. With OAK, users are empowered to schedule future and recurring payments, engage in trustless auto-trading, and place decentralized limit and stop-loss orders on AMM DEXs all without smart contract middlemen or compromising the security of a user's wallet. | $5.5M | Seed | Feb 09, 2022 |  |
| Syndicate | Syndicate is a decentralized asset management platform and social network. | $1M | Seed | Mar 17, 2021 |  |
| Anoma | A sovereign, proof-of-stake blockchain protocol that enables private, asset-agnostic cash and private bartering among any number of parties. | $6.8M |  | Jan 31, 2021 |  |
| Anoma | A sovereign, proof-of-stake blockchain protocol that enables private, asset-agnostic cash and private bartering among any number of parties. | $6.8M | Seed | Jan 31, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [CMS Holdings](https://shizune.co/investors/profile/cms-holdings) — VC Fund, 3 deals together
- [Cygni Capital](https://shizune.co/investors/profile/cygni) — VC Fund, 3 deals together
- [Lemniscap](https://shizune.co/investors/profile/lemniscap) — VC Fund, 3 deals together
- [P2P Capital](https://shizune.co/investors/profile/p2p-capital) — VC Fund, 3 deals together
- [Alchemy](https://shizune.co/investors/profile/alchemy-insights) — VC Fund, 2 deals together
- [Bixin Ventures](https://shizune.co/investors/profile/bixin-ventures) — VC Fund, 2 deals together

## About Electric Capital

VC Fund · Palo Alto, United States

Electric Capital is a crypto asset management firm. The company invests in tokens that are Programmable Money and invest in both liquid and illiquid tokens that are emerging stores of value and rooted in novel technology. Electric Capital is started by technology entrepreneurs, engineers, and successful investors. Prior to Electric Capital, theystarted six companies (five acquired), invested in 100+ technology startups with a cumulative market cap in the tens of billions, and served as executives at technology companies such as Facebook, Google, and Twitter. They have been investing personally in cryptocurrencies since 2013 and were early believers in Bitcoin, Ethereum, and Monero. Prior to Electric

5 contacts available at Electric Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Adam Wolff | Technical Fellow | https://shizune.co/investors/profile/adam-wolff |
| Akash Garg | Advisor | https://shizune.co/investors/profile/akash-garg |
| Avichal Garg | Managing Partner | https://shizune.co/investors/profile/avichal-garg |
| Curtis Spencer | Partner & Co-Founder | https://shizune.co/investors/profile/curtis-spencer |
| Maria Xinhe Shen | Partner | https://shizune.co/investors/profile/maria-xinhe-shen |

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## FAQ

### What does Curtis Spencer invest in?

Curtis Spencer invests primarily in Blockchain, Cryptocurrency and FinTech startups, most often at Seed and Series C stage. Most of the 11 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Curtis Spencer last invest?

The most recent investment recorded for Curtis Spencer closed in Mar 2025. Shizune tracks 11 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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