Amount$5M
SeriesPre-Seed
AnnouncedJun 12, 2024
SectorBlockchain, DeFi, Fintech
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Pre-Seed round (3.3×).
Syndicate size
7 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Pre-Seed rounds (987)
Round size distribution96th pct
smaller Pre-Seed roundslarger
vs. Blockchain, DeFi, Fintech (4)
Round size in sector50th pct
$2Mthis round: $5M$18M
