Borderless Capital
UnclaimedAt a Glance
- Check Size
- $. – $.
- Stage
- Pre-Seed, Seed, Series A, Series B+
- Sectors
- Web3
- Founded
- 2018
- HQ
- Clermont, FL
About Borderless Capital
Borderless Capital is a venture capital firm based in Miami, FL founded in 2018. Borderless is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators who are driving the development of groundbreaking technologies that will enable the creation of value without borders. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Other, Consumer, Fintech, Climate.
The firm manages $100M in assets under management. Notable portfolio companies include Algorand, Circle, Paxos, MELD, Hivemapper and Lofty AI. Focuses on investments in blockchain and Web3 infrastructure, particularly projects built on Algorand and other sustainable protocols.
Investment Thesis
“Focuses on investments in blockchain and Web3 infrastructure, particularly projects built on Algorand and other sustainable protocols.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- Borderless was formerly ALGO Capital Management, a former name carried on its SEC adviser registration, and its first vehicle, Algo Capital US LP, filed in January 2019 with an indefinite offering amount naming Arul Murugan as its officer.
- Borderless ALGO Fund II (US) LP followed in November 2021, also with an indefinite offering, so neither ALGO-era fund carries a disclosed size in federal records.
- Borderless Planets Fund LLC closed fully subscribed at $10 million from 28 investors in November 2021.
- Borderless DePIN Fund III (US) LP filed in November 2024 against a $100 million offering and reported $8 million sold from 14 investors by November 2025.
- The Borderless Venture Fund filed US and non-US vehicles in 2025, each at a $150 million offering, with $5 million sold from a single investor in the US vehicle as of May 2026.
- Further vehicles cover HNT, cross-chain and liquid multi-strategy mandates.
- The firm reports more than 250 investments since 2018 across a portfolio of 173 companies.
SEC Fund Filings
- Vehicles filed, last 24 months
- 4
- Latest filing
Borderless Capital filed a Form D for 4 fund vehicles between Sep 30, 2024 and Sep 29, 2026.
| Fund vehicle | Source |
|---|---|
| Borderless Project Senna I LP | SEC Form D, filed |
| Borderless Venture Fund (non-US) LP | SEC Form D, filed |
| Borderless Venture Fund (US) LP | SEC Form D, filed |
| Borderless DePIN Fund III (US) LP | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Borderless Capital by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Team (1)
Frequently Asked Questions
What stage does Borderless Capital invest at?
Borderless Capital primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Borderless Capital located?
Borderless Capital is headquartered in Clermont, FL. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Borderless Capital focus on?
Borderless Capital focuses on investments in Web3. Their portfolio reflects deep expertise and networks within these sectors.
What is Borderless Capital's typical check size?
Borderless Capital's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
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