Morgan Creek Digital

Morgan Creek Capital Management is a venture capital firm and SEC-registered investment adviser based in Chapel Hill, North Carolina, founded in 2004. The firm specializes in investment management services for institutional clients and wealthy families, utilizing a strategy inspired by the University Endowment Model. Morgan Creek offers customized investment solutions, including asset allocation, manager selection, and portfolio construction. The team, led by founder Mark W. Yusko, has extensive experience managing complex endowment programs and works closely with clients to develop tailored investment policies and strategies. Additionally, Morgan Creek Digital Assets, a subsidiary established in 2018, focuses on investments in blockchain technology and digital assets, expanding the firm's portfolio into emerging financial technologies.

Ryan Abronski

Associate

Christopher Arnold

Managing Director, Northern Region

Darpan Biswas

Vice President

Heath Davies

Managing Director, Public Investments

Michael Fair

Associate

Tim Gardner

Managing Director

Joseph Gil

Managing Director

Peter Gutrich

Managing Director

Michael Hennessy

Co-Founder and Managing Director, Investments

Greg Holmes

Managing Director

Sachin Jaitly

General Partner

David Kim

Managing Director

Eileen Kotecki

Managing Director

Nicholas Lee

Managing Director and Head, Asian Investments

Cory Lester

Managing Director (Public Assets)

Robert Marquart

Managing Director and Co-Chief Investment Officer of Signet Funds

Joseph McQuaid

Managing Director

Mark Morris

Managing Director, The Public Investment Team

Ryan Newson

Principal (Private Assets)

Oam Patel

Venture Partner, Web3 Investments

Macon Patton

Managing Director

Andrew Schmeelk

Managing Director (Public Assets)

Andrea Szigethy

Principal

Josh Tilley

Managing Director

Frank Wang

Managing Director, Private Assets

Gerard Watson

Managing Director

Anthony Wilson

Managing Director

27 past transactions

Chain Reaction

Series C in 2023
Chain Reaction is focused on advancing blockchain and privacy technologies designed to enhance computing performance. Their blockchain product line features EL3CTRUM, which includes the most efficient hashing ASIC available, optimized for high performance and low power consumption. This serves as the core of their hashboards and systems, providing optimal payback times for users. Additionally, their 3PU™ privacy solution significantly accelerates the real-time operations of Privacy Enhancing Technologies on encrypted data, transforming cloud environments into trusted platforms. This enables various sectors, including finance, healthcare, defense, and energy, to adopt cloud solutions at scale. Chain Reaction's purpose-built, custom-designed technologies aim to facilitate secure, scalable, and environmentally friendly computing, ultimately contributing to the protection of individuals, privacy, and the planet.

BlockApps

Series B in 2022
BlockApps, Inc. is a blockchain technology company that specializes in providing a platform for developing and deploying Ethereum-based applications. Its primary offering, BlockApps STRATO, is an Ethereum-compliant platform designed for the development, deployment, and management of enterprise blockchain applications. Additionally, BlockApps offers a consortium blockchain network that facilitates the creation of hybrid private, consortium, and public blockchains. The company's services cater to a diverse clientele, including software startups, IT firms, industry-owned businesses, and Fortune 500 corporations. Founded in 2015 and headquartered in Brooklyn, New York, BlockApps aims to drive the adoption of blockchain technology by enabling clients to build and manage decentralized applications securely and effectively, while also streamlining processes and enhancing data visibility.

Lyre's

Series A in 2021
Lyre's specializes in crafting a premium selection of non-alcoholic spirits designed to replicate the taste and experience of traditional alcoholic beverages. Founded from a desire to create high-quality alternatives for individuals who prefer not to consume alcohol, Lyre's offers a range of vegan-friendly products that maintain the essence of classic spirits. This allows consumers to enjoy social gatherings and celebrations without the effects of alcohol, promoting a clear-headed and enjoyable experience. With a commitment to excellence, Lyre's aims to provide the finest non-alcoholic spirit options available, catering to those seeking both flavor and a mindful lifestyle.

Humacyte

Post in 2021
Humacyte, Inc. is a medical research and development company based in Morrisville, North Carolina, focused on creating and commercializing human tissue-based products for regenerative medicine and vascular surgery. Founded in 2004, the company specializes in developing acellular extracellular matrices derived from banked vascular smooth muscle cells, which are decellularized to prevent rejection. These matrices serve as tissue-engineered grafts, providing solutions for patients requiring vascular repair or replacement. Humacyte's innovative biotechnology platform aims to deliver universally implantable bioengineered human tissues and organs, addressing a variety of diseases, injuries, and chronic conditions, ultimately seeking to enhance patient outcomes and transform medical practices.

Lyre's

Seed Round in 2021
Lyre's specializes in crafting a premium selection of non-alcoholic spirits designed to replicate the taste and experience of traditional alcoholic beverages. Founded from a desire to create high-quality alternatives for individuals who prefer not to consume alcohol, Lyre's offers a range of vegan-friendly products that maintain the essence of classic spirits. This allows consumers to enjoy social gatherings and celebrations without the effects of alcohol, promoting a clear-headed and enjoyable experience. With a commitment to excellence, Lyre's aims to provide the finest non-alcoholic spirit options available, catering to those seeking both flavor and a mindful lifestyle.

Lyre's

Seed Round in 2021
Lyre's specializes in crafting a premium selection of non-alcoholic spirits designed to replicate the taste and experience of traditional alcoholic beverages. Founded from a desire to create high-quality alternatives for individuals who prefer not to consume alcohol, Lyre's offers a range of vegan-friendly products that maintain the essence of classic spirits. This allows consumers to enjoy social gatherings and celebrations without the effects of alcohol, promoting a clear-headed and enjoyable experience. With a commitment to excellence, Lyre's aims to provide the finest non-alcoholic spirit options available, catering to those seeking both flavor and a mindful lifestyle.

Percent

Series A in 2021
Cadence is the leading fintech securitization platform for private credit. The company has developed a platform to streamline the securitization process for specialty finance originators at every stage of growth. Their suite of software and services is built with both institutional and retail investors in mind, integrating directly into their existing workflows and providing exposure to innovative securitized products. Learn more at withcadence.io or on the Bloomberg Terminal at {APPS CADENCE <GO>}.

Evertas

Seed Round in 2020
Evertas is a specialized insurance company that addresses the unique risks associated with cryptoassets. It primarily serves institutional clients, including exchanges, custodians, traditional financial institutions, funds, family offices, and ultra-high net worth individuals. Evertas provides a range of services designed to enhance security and reduce exposure to crypto-related risks, such as compliance and audit, risk assessment, incident management, and asset recovery. By offering comprehensive coverage with complete face-value security, Evertas enables businesses to safeguard their crypto holdings and mitigate transaction risks effectively.

Percent

Convertible Note in 2020
Cadence is the leading fintech securitization platform for private credit. The company has developed a platform to streamline the securitization process for specialty finance originators at every stage of growth. Their suite of software and services is built with both institutional and retail investors in mind, integrating directly into their existing workflows and providing exposure to innovative securitized products. Learn more at withcadence.io or on the Bloomberg Terminal at {APPS CADENCE <GO>}.

2ULaundry

Series A in 2019
2ULaundry, Inc. is a garment care service provider based in Charlotte, North Carolina, established in 2015. The company specializes in a range of services, including wash and fold, dry cleaning, laundering and pressing, as well as specialized offerings such as leather cleaning, shoe shining, shoe repair, alterations, and repairs. 2ULaundry distinguishes itself by offering convenient door-to-door pickup and delivery, allowing customers to save time on laundry chores. With the average person spending over five hours a week on laundry, the company addresses the growing demand for time-saving solutions in the $23 billion laundry industry. The service is designed for a broad customer base, including those with in-home washers and dryers who seek convenience. By leveraging a team of industry experts and optimizing delivery routes through underutilized laundromats, 2ULaundry enhances the customer experience while providing a hassle-free tracking system for orders.

Digital Assets Data

Seed Round in 2019
Digital Assets Data Inc., a fintech and data company, develops enterprise-grade software and data feeds for crypto hedge funds and other market participants. It provides data and information technology software and solutions for cryptoassets, including currencies, platforms, applications, side chains, security tokens, and initial coin offers (ICOs) through subscription services to hedge funds and other institutional investors. The company was founded in 2018 and is based in Denver, Colorado.

Ikigai Asset Management

Corporate Round in 2019
Ikigai Asset Management is a hedge fund that specializes in long/short multi-strategy investments, focusing primarily on cryptocurrency assets. The firm aims to achieve superior risk-adjusted returns by engaging in venture stage pre-initial coin offering (ICO) investments, as well as employing both systematic and fundamental strategies within the liquid hedge fund space. Based in Los Angeles, California, Ikigai also manages a venture capital fund, further diversifying its investment approach and opportunities within the rapidly evolving landscape of digital assets.

Figure

Series B in 2019
Figure Technologies, Inc. is a fintech company based in San Francisco, California, that specializes in providing consumer financial solutions primarily focused on home equity products. Incorporated in 2018, the company offers services such as home equity lines of credit, home improvement loans, and home buy-lease back options, facilitating access to capital for customers in as little as five days. Figure leverages blockchain technology, artificial intelligence, and advanced analytics to enhance its offerings, enabling customers to effectively manage their financial needs, including debt consolidation and retirement planning. Additionally, Figure has developed Provenance, a blockchain platform designed for businesses to manage digital assets and execute financial transactions efficiently.

RealBlocks

Seed Round in 2019
RealBlocks is a financial technology platform designed to enhance the capital-raising capabilities of real estate and alternative investment managers. Traditionally limited to local markets, these managers can now access global investment opportunities through connections with institutional and intermediary channels. RealBlocks aims to reduce costs and improve efficiency while enhancing the investor experience. The platform offers a white-label solution that integrates various service providers, facilitating a seamless transition to tokenized product structures. This innovation allows for improved liquidity and fractionalization, positioning RealBlocks as a valuable resource for both investment managers and their clients.

BlockFi

Convertible Note in 2018
BlockFi, Inc. is a financial services company focused on providing wealth management products for cryptocurrency investors. Established in 2017 and headquartered in New York, it offers a range of services including the BlockFi Interest Account, which allows clients to earn interest on their holdings of Bitcoin, Ether, and Gemini Dollar. The company also facilitates secured loans in U.S. dollars, backed by clients' cryptocurrency assets, thereby enhancing liquidity in the blockchain asset market. In addition to lending and interest-earning accounts, BlockFi provides a trading platform for exchanging various cryptocurrency pairs and offers services tailored for institutional clients. By holding clients' digital assets with a registered custodian, BlockFi aims to deliver transparency and efficiency in digital financial markets. The company's mission is to address the evolving needs of both individual and institutional investors in the cryptocurrency space.

CityBlock Capital

Seed Round in 2018
CityBlock Capital is a venture capital firm founded in 2018 and based in New York, focused on investing in companies that are modernizing financial systems through blockchain technology. The firm primarily makes direct investments in both early-stage and late-stage companies, dedicating 90 percent of its capital to early-stage ventures. CityBlock Capital avoids investments in cryptocurrencies or utility tokens and concentrates on firms that develop blockchain-based capital markets infrastructure. Its investment interests include clearing houses, exchanges, market aggregation tools, securities services, data analytics, and issuance platforms. The firm's management team comprises seasoned investment and technology professionals, drawing from experiences at prominent firms, which enhances their ability to identify and capitalize on promising blockchain infrastructure opportunities.

Figure

Series A in 2018
Figure Technologies, Inc. is a fintech company based in San Francisco, California, that specializes in providing consumer financial solutions primarily focused on home equity products. Incorporated in 2018, the company offers services such as home equity lines of credit, home improvement loans, and home buy-lease back options, facilitating access to capital for customers in as little as five days. Figure leverages blockchain technology, artificial intelligence, and advanced analytics to enhance its offerings, enabling customers to effectively manage their financial needs, including debt consolidation and retirement planning. Additionally, Figure has developed Provenance, a blockchain platform designed for businesses to manage digital assets and execute financial transactions efficiently.

Figure

Series A in 2018
Figure Technologies, Inc. is a fintech company based in San Francisco, California, that specializes in providing consumer financial solutions primarily focused on home equity products. Incorporated in 2018, the company offers services such as home equity lines of credit, home improvement loans, and home buy-lease back options, facilitating access to capital for customers in as little as five days. Figure leverages blockchain technology, artificial intelligence, and advanced analytics to enhance its offerings, enabling customers to effectively manage their financial needs, including debt consolidation and retirement planning. Additionally, Figure has developed Provenance, a blockchain platform designed for businesses to manage digital assets and execute financial transactions efficiently.

Illumitex

Series C in 2015
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

TabbedOut

Series C in 2015
TabbedOut puts you in control of your tab at bars and restaurants. Say goodbye to end-of-night bar lines, and flagging down your server when you’re ready to settle the bill. Never leave your card at the bar again! TabbedOut is easier and more secure than handing over your credit card to a stranger. Open a tab, view the running total, and pay for it instantly (and securely) all from your phone. You can even split your tab among friends, post to Facebook or Twitter to let your friends know where you’re dining, send a positive or negative review of your experience, and get offers sent from your favorite venue straight to your phone. TabbedOut takes the hassle out of dining out for good. We are adding new locations every day, so check in often on the locations screen. Don’t see your favorite bar or restaurant on the list? Let us know! Tweet at or Facebook us at @tabbedout. For merchants: TabbedOut is the premier marketing and analytics platform built exclusively for the hospitality industry and powered by mobile payments. We allow our merchants real time insight into their customers through our proprietary software system that tracks spending habits, product preferences, customer feedback and loyalty rewards. Best of all, TabbedOut allows you, the merchant, to accept mobile payments integrated into your POS system. Finally, POS systems and mobile payments meet customer marketing and rewards in real time. That’s the power of TabbedOut! Free to download and no hidden fees.

Illumitex

Debt Financing in 2014
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

Beyond Meat

Series D in 2014
Beyond Meat, Inc. is a food company that specializes in the production and sale of plant-based meat alternatives, providing consumers with options that mimic the taste and texture of traditional animal-based products. Founded in 2009 and headquartered in El Segundo, California, the company offers a diverse range of products, including burgers, sausages, ground beef, jerky, meatballs, and chicken. Beyond Meat's offerings are designed to address key global challenges such as human health, climate change, resource constraints, and animal welfare. The products are made using simple, non-GMO ingredients and provide comparable or superior protein levels to animal meat, while being free from cholesterol, antibiotics, and hormones. The company distributes its products through various channels, including grocery stores, mass merchandisers, restaurants, and foodservice outlets, both domestically and internationally. Beyond Meat was previously known as Savage River, Inc. before rebranding in September 2018.

Intacct

Series G in 2014
Sage Intacct, Inc. is a cloud accounting software company that specializes in providing financial management solutions tailored for financial professionals. Its comprehensive platform includes applications for general ledger accounting, accounts payable, order management, accounts receivable, cash management, and financial reporting, among other functionalities. The company also supports a range of services such as contract and subscription billing, inventory management, project accounting, and vendor payment solutions. Sage Intacct serves a diverse clientele across various sectors, including accounting firms, healthcare, nonprofits, and wholesale distribution, primarily in the North American market. Established in 1999 and headquartered in San Jose, California, the company has expanded internationally with locations in India and Romania. Sage Intacct, formerly known as Intacct Corporation, operates as a subsidiary of The Sage Group plc and is recognized as a preferred provider by the AICPA, garnering high customer satisfaction ratings and multiple awards for its leadership and workplace culture.

TabbedOut

Series B in 2013
TabbedOut puts you in control of your tab at bars and restaurants. Say goodbye to end-of-night bar lines, and flagging down your server when you’re ready to settle the bill. Never leave your card at the bar again! TabbedOut is easier and more secure than handing over your credit card to a stranger. Open a tab, view the running total, and pay for it instantly (and securely) all from your phone. You can even split your tab among friends, post to Facebook or Twitter to let your friends know where you’re dining, send a positive or negative review of your experience, and get offers sent from your favorite venue straight to your phone. TabbedOut takes the hassle out of dining out for good. We are adding new locations every day, so check in often on the locations screen. Don’t see your favorite bar or restaurant on the list? Let us know! Tweet at or Facebook us at @tabbedout. For merchants: TabbedOut is the premier marketing and analytics platform built exclusively for the hospitality industry and powered by mobile payments. We allow our merchants real time insight into their customers through our proprietary software system that tracks spending habits, product preferences, customer feedback and loyalty rewards. Best of all, TabbedOut allows you, the merchant, to accept mobile payments integrated into your POS system. Finally, POS systems and mobile payments meet customer marketing and rewards in real time. That’s the power of TabbedOut! Free to download and no hidden fees.

Illumitex

Venture Round in 2012
Illumitex Inc. is a manufacturer based in Austin, Texas, specializing in precision LEDs and LED lighting fixtures. Founded in 2005, the company produces a range of lighting products for horticultural, industrial, and architectural applications. Its offerings include grow lights designed for large growers, vertical farms, and greenhouses, as well as lighting solutions for warehouses, offices, cold storage facilities, and food processing plants. Illumitex's innovative designs focus on enhancing functionality through advanced optics technology, delivering uniform and precise light beams. Their products cater to various settings, including indoor gardening, plant research, and commercial landscapes. Illumitex distributes its lighting solutions through retailers and distributors across the United States.

Semprius

Series C in 2012
Semprius, Inc. is focused on the design, development, and manufacture of high concentration photovoltaic (HCPV) solar modules aimed at generating solar energy for utility, commercial, and government applications in sunny and arid regions globally. The company utilizes a proprietary micro-transfer printing technology that enhances the performance and reliability of its solar modules while ensuring low production costs and scalability for high-volume output. In addition to its solar offerings, Semprius licenses its micro-transfer printing technology for various non-solar applications, including flat-panel displays, flexible electronics, and large-area sensors, which require lightweight and thin form factors. Founded in 2005 and headquartered in Durham, North Carolina, Semprius aims to make solar power generation more economically viable and supports diverse technology applications through its innovative solutions.

BridgeWave Communications

Venture Round in 2012
BridgeWave Communications, Inc. specializes in the design, manufacture, and marketing of microwave and millimeter wave backhaul and fronthaul systems. The company offers a range of products, including the NAVIGATOR, a multi-gigabit all-outdoor licensed microwave radio system, and various millimeter wave systems such as Flex4G-10000, Flex4G-LITE, and Flex4G-1000, which provide high data throughput capabilities. These products serve as viable alternatives to fiber in applications like mobile backhaul, mobile fronthaul, broadband, WAN/LAN connectivity, disaster recovery, and video surveillance. BridgeWave's solutions are marketed globally through a network of authorized resellers, distributors, and system integrators, catering to operators, service providers, governments, and private enterprises. Founded in 1999 and headquartered in San Diego, California, the company operates as a subsidiary of REMEC Broadband Wireless Networks, LLC.
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