Ellipsis raised $20 million in a Series A funding round led by Paradigm with support from Electric Capital and others to develop a Solana-based decentralized exchange.
Amount Raised
$20 Million
Round Type
Series A
New YorkFinancial ServicesFinanceFintechLendingInvestors
Description
The developers behind Ellipsis, a Solana-based decentralized exchange, secured $20 million in a Series A funding round led by Paradigm, with support from Electric Capital and other industry leaders.
Quick answer
Ellipsis Labs raised $20 Million in a Series A round, dated April 7, 2024. Investors: Sreeram Kannan, Tim Beiko, Electric Capital, Justin Drake, Mike Neuder and Paradigm. Ellipsis Labs is based in New York, New York, United States.
- How much did Ellipsis Labs raise?
- Ellipsis Labs raised $20 Million in a Series A round on April 7, 2024.
- Who invested in Ellipsis Labs?
- Sreeram Kannan, Tim Beiko, Electric Capital, Justin Drake, Mike Neuder and Paradigm are named as investors in this round.
- What does Ellipsis Labs do?
- Ellipsis Labs is the developer of a decentralized exchange called Phoenix, aiming to create a new financial ecosystem that offers competitive financial products on top of high-throughput blockchains with the merging of..
- Where is Ellipsis Labs based and how big is it?
- Ellipsis Labs is based in New York, New York, United States.
- Who are the decision-makers at Ellipsis Labs?
- Fundz holds 1 contact at Ellipsis Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Ellipsis Labs that raised within 45 days of this round, from Fundz verified event records.
- NG.CASH raised $13M (Series A) on May 15, 2024.
- Incredible raised $1M (Pre-Seed) on May 14, 2024.
- Firenze raised $979K (Pre-Seed) on May 2, 2024.
- Battle Financial raised $37M (Seed) on May 1, 2024.
- Canza Finance raised $2.3M (Seed) on April 29, 2024.
- Blend Labs raised $150M (Series A) on April 29, 2024.
Who to call at Ellipsis Labs, and when
A new round usually means Ellipsis Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ellipsis Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ellipsis Labs, from your own LinkedIn network
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Funding Insights
What this usually meansEllipsis Labs 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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