El Dorado raised $3M in a seed round led by Coinbase Ventures and Multicoin Capital to grow its user base and improve security features.
Amount Raised
$3 Million
Round Type
Seed
BogotáFinancial ServicesPaymentsE CommerceFintechBlockchainInvestors
Description
Colombian cryptocurrency wallet El Dorado raised $3M in a seed round led by Coinbase Ventures and Multicoin Capital. The funding will be used to invest in growing its user base and improving security features to meet regulations to enter new markets.
Quick answer
El Dorado raised $3 Million in a Seed round, dated May 28, 2024. Investors: Multicoin Capital and Coinbase Ventures. El Dorado is based in Bogotá, Capital District, Colombia.
- How much did El Dorado raise?
- El Dorado raised $3 Million in a Seed round on May 28, 2024.
- Who invested in El Dorado?
- Multicoin Capital and Coinbase Ventures are named as investors in this round.
- What does El Dorado do?
- El Dorado operates a peer-to-peer cryptocurrency wallet that allows users to make cross-border payments and earn additional income through stablecoin exchanges.
- Where is El Dorado based and how big is it?
- El Dorado is based in Bogotá, Capital District, Colombia.
- Who are the decision-makers at El Dorado?
- Fundz holds 1 contact at El Dorado, including the Head of Products. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Payments around the same time
Companies in the same sectors as El Dorado that raised within 45 days of this round, from Fundz verified event records.
Who to call at El Dorado, and when
A new round usually means El Dorado is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day El Dorado raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at El Dorado, from your own LinkedIn network
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Fundz sees it the moment El Dorado raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
El Dorado raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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