H
Herman Narula
Founder
All funds
crypto
Analyst signals
Portfolio activity and matriculation
Metrics use all recorded activity through 21 Jul 2026 across unknown. Later-round outcomes are capped at the period end.
0%companies with a later round · 0/1
Not availablemedian round-size step-up · n=0
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 1 syndicated
Finance · 1 companies
These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.
People
Team
I
Irina Scarlat
Chief Marketing Officer
M
Mark Shepherd
Chief Legal Officer
R
Robin Šmíd
Chief Operating Officer
R
Rob Whitehead
Co-founder
Portfolio
Investments
Full financing histories for portfolio companies. Highlighted rounds are those where Improbable is recorded as an investor.
Ekiden
Finance
Ekiden is a crypto trading platform offering institutional-grade central limit order book (CLOB) trading for digital assets. It is currently in testnet phase.