Praxis raised $525M in a funding round led by Gem Digital and Arch to build an online community focused on shared national consciousness.
Oct 20, 2024•about 1 year ago
Amount Raised
$525 Million
Investors
ManifoldArchGem Digital
Description
Praxis has successfully secured $525 million in funding, positioning itself as a leader in the crypto VC space this week. This capital will support the development of its online community based on unique national consciousness.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech