Borderless Venture

Emerging manager

Built from this firm's Form D filings. The firm files no SEC adviser report.

Website: https://www.borderlesscapital.io
HQ: FL

Borderless Capital is an SEC-registered investment management firm that supports next-generation innovators in blockchain and decentralized technology. David Garcia serves as Managing Partner and CIO, and Arul Murugan as Managing Partner and Chairman. The firm's portfolio companies work in areas such as DePin, DeFi, infrastructure, data and oracles, tokenization, and custody.

01 · Says / Does

Tag	Says	Does
Stages	Not stated	Not enough dated deals
Sectors	Crypto and Web3	Not enough dated deals
Regions	Global	Not enough dated deals

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

02 · Fund history

Fund	Year	Size	Status
Borderless Venture Fund (non-US) LP Borderless Capital backs blockchain and decentralized technology startups from early stages through growth, focused on core infrastructure, decentralized applications, tokenization, blockchain payments, stablecoins and cryptographic protocols. Inferred from the firm's website	approx. 2026	$150M (Form D)	Raising
Borderless Venture Fund (US) LP Borderless Capital backs blockchain and decentralized technology startups from early stages through growth, focused on core infrastructure, decentralized applications, tokenization, blockchain payments, stablecoins and cryptographic protocols. Inferred from the firm's website	2025	$5M to $150M (Form D)	Raising

03 · People across funds

Arul Murugan, Managing Partner & Chairman
Borderless Venture Fund (non-US) LP (Named on Form D); Borderless Venture Fund (US) LP (Named on Form D)
David Garcia, Managing Partner & CIO
Borderless Venture Fund (non-US) LP (Named on Form D); Borderless Venture Fund (US) LP (Named on Form D)
Patrick O'Kain, Principal of the General Partner
Borderless Venture Fund (non-US) LP (Named on Form D); Borderless Venture Fund (US) LP (Named on Form D)
Alpen Sheth, Investment Partner
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Álvaro Gracia, Investment Partner
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Amit Mehra, Investment Partner
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Andrew Dempsey, Partner and Head of Capital Formation
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Austin Pidoriano, Principal
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Corey Casbarro, General Counsel and Chief Compliance Officer
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Dhagash Shah, Senior Investment Associate
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Hernan Yellati, Partner and Macro Economist
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Ivonne Darias, Head of Executive Operations
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Kai Sandmark, Controller
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Nick Dulger, Director of Operations
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Patrick O’Kain, Investment Partner
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Siddharth Rao, Investment Associate
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Solene Feuillu, Principal | Capital Formation
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)
Zach Sattler, Operations Manager
Borderless Venture Fund (non-US) LP (Team); Borderless Venture Fund (US) LP (Team)

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026