Fordefi Raises $10 Million from Electric Capital, Paxos to Make Retail Wallets Safer
Amount Raised
$10 Million
Round Type
Seed
New YorkInformation TechnologySoftwareSecurityCyber SecurityFintechSaaSInvestors
Description
Fordefi announced a $10 million seed-extension round led by Electric Capital and Paxos to develop its institutional-grade crypto wallet and bring decentralized crypto custody to centralized platforms.
Quick answer
Fordefi raised $10 Million in a Seed round, dated February 13, 2024. Investors: Alameda Research, Digital Currency Group, Castle Island, Jump Crypto, Flare Network, De Fiance Capital, Pantera Capital and Alchemy. Fordefi is based in New York, New York, United States.
- How much did Fordefi raise?
- Fordefi raised $10 Million in a Seed round on February 13, 2024.
- Who invested in Fordefi?
- Alameda Research, Digital Currency Group, Castle Island, Jump Crypto, Flare Network, De Fiance Capital, Pantera Capital and Alchemy are named as investors in this round.
- 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.
- Bedrock Security raised $10M (Seed) on March 26, 2024.
- TrojAI raised $2.5M (Seed) on March 25, 2024.
- BlueFlag Security raised $12M (Seed) on March 21, 2024.
- CyberSaint, Inc. raised $21M (Series A) on March 20, 2024.
- CyberSaint, Inc. raised $22M on March 15, 2024.
- Cyera raised $200M (Series B) on March 13, 2024.
Who to call at Fordefi, and when
A new round usually means Fordefi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fordefi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fordefi, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Fordefi. With Fundz connected, it knows.
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Fundz sees it the moment Fordefi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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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