[1][2][3][4] Founded in 2018 as a spinoff of Social Capital,[1] company "deploys capital in early stage to late-stage start-ups as well as mature companies via venture, growth equity and loan vehicles,"[5] backing startups in software and cryptocurrency both in the United States and internationally.
[7] In 2021[1] Tribe had a special-purpose acquisition company[8] go public on the Nasdaq with funds of $240 million.
[5] In July 2021, Institutional Investor reported that Tribe Capital's assets under management were $1.5 billion.
[9] In October 2022, leaked documents showed Tribe Capital's first fund had seen a "nearly fivefold return on investment.
[14][15][16] On December 11, 2023, it was reported that co-founder Arjun Sethi had become Tribe's chairman and chief investment officer, and that Boris Revsin had succeeded him as CEO.