Relai raised $12 million in a Series A funding round led by Ego Death Capital to enhance its bitcoin investment app.

Dec 10, 2024•about 1 year ago

Amount Raised

$12 Million

Round Type

series a

ZurichBitcoinCryptocurrencyBlockchainFintechE Commerce

Investors

Solit GroupTimechainPlan B Bitcoin FundEgo Death Capital

Description

Relai, a self-custodial app for buying and selling bitcoin, has successfully raised $12 million in a Series A funding round, increasing its valuation to $72 million. The round was led by bitcoin-only venture capital fund Ego Death Capital.

Company Information

Company

Relai

Location

Zurich, Zurich, Switzerland

About

Relai is a bitcoin-only app from Switzerland. Buy Bitcoin instantly and hold your own keys. Join 50,000 others using Relai and start your bitcoin journey. Driven by the belief that Bitcoin is the best way to save money, Relai is raising a new generation of long-term investors by giving them simple, user-friendly, and secure access to Bitcoin. Founded in Switzerland by Julian Liniger and Adem Bilican after they struggled to find a safe, hassle-free space for buying bitcoin, Relai is making bitcoin saving and investment accessible for everyone. The bitcoin-only app is simple and intuitive, enabling anyone to buy and sell bitcoin within minutes, with no need for registration, verification, or deposits.

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Funding Insights

Based on industry data

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