Alexis Ohanian

Investment Partner , Angel

Overview

Gender
male
Investor Type
Investment Partner,Angel
Investor Stage
Seed

Alexis Ohanian, born April 24, 1983, is an entrepreneur and investor in Brooklyn, NY, best known as the co-founder and executive chair of reddit, a platform for online communities to share links and have discussions.

While he learned his earliest lessons in leadership and web design from his high school Quake 2 clan and Everquest guild, Alexis continued his official studies at the University of Virginia, where he met his future co-founder Steve Huffman during freshman year move-in day. This would lead to the founding of reddit, which he recounted along with many lessons for entrepreneurs, in his national bestseller, Without Their Permission.

At UVA, Alexis majored in business and history with a minor in German. Though he had originally planned to become an immigration lawyer, he experienced an epiphany in his junior year (while sitting in a Waffle House) that led him to the realization that he didn't want to practice law. Instead he convinced his best friend Steve to start a company with him.

The pair traveled to Cambridge, MA during their senior year spring break to hear Paul Graham give a talk titled "How to Start a Startup." After the lecture, Alexis invited Graham out for a drink so he and Steve could pitch Graham on their business idea. Graham agreed, loved the idea, and suggested they apply to a new seed stage venture firm he'd launched called Y Combinator.
Alexis and Steve's original plan was to build an infrastructure that would allow people to order food from their cell phones. Though the idea was rejected, Alexis and Steve were invited to join the first class of Y Combinator, on the condition that they'd come up with a new concept. The next idea they pitched to Graham would become reddit.com.

Personal Investments

Number of Investments
31
Alexis Ohanian has made 31 investments. Their most recent investment was on Aug 14, 2012, when OrderAhead raised $2.50M.
Date Company Name Round Money Raised Industry
Jan 19, 2022 IndiGG Seed $6M Blockchain Detail
Sep 21, 2021 BitClout Initial Coin Offering $200M Bitcoin Detail
Sep 20, 2021 Sorare Series B $680M Blockchain Detail
Aug 31, 2021 XMTP Series A $20M Communications Infrastructure Detail
Aug 31, 2021 Syndicate Series A $20M Cryptocurrency Detail
May 26, 2021 Ledn Series A $30M Financial Services Detail
May 11, 2021 Axie Infinity Series A $7.50M Blockchain Detail
May 11, 2021 Sky Mavis Series A $7.50M Blockchain Detail
May 5, 2021 XMTP Seed $5M Communications Infrastructure Detail
Mar 23, 2021 BitClout Funding Round Bitcoin Detail
Mar 18, 2021 OpenSea Series A $23M Bitcoin Detail
Feb 25, 2021 Sorare Series A €40M Blockchain Detail
Sep 22, 2020 FCFL Series Unknown Blockchain Detail
Apr 17, 2018 Origin Protocol Corporate Round $28.50M Blockchain Detail
Oct 23, 2017 Cloud9 Series A $25M eSports Detail
Mar 21, 2017 Cloud9 Seed $3M eSports Detail
Mar 30, 2016 Scentbird Seed $2.80M Beauty Detail
Oct 1, 2014 Front Seed $3.10M Collaboration Detail
Jul 14, 2014 Secret Series B $25M Apps Detail
Jun 17, 2014 Mode Analytics Seed $2M Analytics Detail
Apr 1, 2014 Flexport Series A $6.90M Freight Service Detail
Feb 28, 2014 Secret Series A $8.60M Apps Detail
Dec 2, 2013 Envoy Seed $1.15M Facility Management Detail
Oct 21, 2013 Panorama Education Seed $4M Analytics Detail
Aug 27, 2013 Heap Seed $2M Analytics Detail
Aug 19, 2013 Buttercoin Seed $1M Bitcoin Detail
Sep 19, 2012 Clever Seed $3M Big Data Detail
Aug 14, 2012 OrderAhead Seed $2.50M E-Commerce Detail
Jul 25, 2012 Apollo Series A $11.20M Developer APIs Detail
Nov 24, 2010 Artsy Convertable Note $1.25M Art Detail
Mar 1, 2006 Evernote Angel $6M Information Services Detail