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Fordefi Raises $18M Seed Round To Launch Institutional Defi Wallet And Security Platform

RECENTLY ACQUIREDNov 08, 2022

Amount Raised

$18 Million

Round Type

Seed

New YorkInformation TechnologySoftwareSecurityCyber SecurityFintechSaaS

Description

Fordefi, a financial technology and software company, today announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm's initial capital raise also include Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital and StarkWare.

Quick answer

Fordefi raised $18 Million in a Seed round, dated November 8, 2022. Fordefi is based in New York, New York, United States.

How much did Fordefi raise?
Fordefi raised $18 Million in a Seed round on November 8, 2022.
What does Fordefi do?
Fordefi is the leading custody and security platform for on-chain operations.
Where is Fordefi based and how big is it?
Fordefi is based in New York, New York, United States. Fundz records about 42 employees.
Who are the decision-makers at Fordefi?
Fundz holds 1 contact at Fordefi, including the Co-Founder, VP R&D. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Fordefi that raised within 45 days of this round, from Fundz verified event records.

  • Valence Security raised $25M (Series A) on October 26, 2022.
  • Onyxia raised $5M (Funding Round) on September 29, 2022.
  • BIO-key International raised $2.2M (Seed) on December 22, 2022.
  • Evolv Technology raised $75M (Debt Financing) on December 21, 2022.
  • K1x raised $15M (Funding Round) on December 15, 2022.
  • Synatic raised $2.5M (Seed) on December 5, 2022.

Who to call at Fordefi, and when

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Company Information

Company

Fordefi

Location

New York, New York, United States

About

Fordefi is the leading custody and security platform for on-chain operations. Founded in 2021 by Dima Kogan, Josh Schwartz and Michael Volfman, Fordefi empowers hundreds of institutions to operate securely on-chain, safeguarding more than $120 billion in monthly transaction volume. Fordefi's secure and flexible MPC wallet infrastructure enables safe, seamless digital asset operations across both centralized and decentralized workflows. With built-in DeFi connectivity and robust governance and policy controls, Fordefi provides unmatched visibility, protection, and control over every transaction and approval. Headquartered in New York with additional offices in Tel Aviv, Fordefi is a financial technology company dedicated to enabling secure, efficient, and scalable digital asset operations.

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Related People

1 contact
Verified contactsMichael V., Co-Founder, VP R&D hiddenSee plans and pricing
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Fordefi 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.