Fundz

SCRYPT secures $5 million in strategic funding led by Braza Bank, with additional participation from venture capital firms

PRIVATEMay 29, 2024

Amount Raised

$5 Million

Round Type

Funding Round

ZurichFinancial ServicesBlockchain

Investors

Atlantic LabsCabrit CapitalFunfair VenturesBraza Bank

Description

SCRYPT, a leading provider of crypto asset financial services, has successfully closed a $5 million strategic funding round led by Braza Bank, with additional participation from venture capital firms including Funfair Ventures, Cabrit Capital, and Atlantic Labs. The firm has also doubled its client book and seen trading volume increase 18 times year on year.

Quick answer

SCRYPT raised $5 Million in a Funding Round round, dated May 29, 2024. Investors: Atlantic Labs, Cabrit Capital, Funfair Ventures and Braza Bank. SCRYPT is based in Zurich, Zurich, Switzerland.

How much did SCRYPT raise?
SCRYPT raised $5 Million in a Funding Round round on May 29, 2024.
Who invested in SCRYPT?
Atlantic Labs, Cabrit Capital, Funfair Ventures and Braza Bank are named as investors in this round.
What does SCRYPT do?
SCRYPT is a premier Swiss licenced financial service provider with a focus on institutional-grade crypto asset services.
Where is SCRYPT based and how big is it?
SCRYPT is based in Zurich, Zurich, Switzerland. Fundz records about 30 employees.
Who are the decision-makers at SCRYPT?
Fundz holds 1 contact at SCRYPT. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Blockchain around the same time

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

  • Partior raised $60M (Series B) on July 12, 2024.
  • Tread.fi raised $3.5M (Pre-Seed) on July 10, 2024.
  • Idle raised $2.4M (Funding Round) on July 9, 2024.
  • Tokinvest raised $500K (Pre-Seed) on July 9, 2024.
  • FreeBnk raised $3M on July 4, 2024.
  • RedStone Oracles raised $15M (Series A) on July 3, 2024.

Who to call at SCRYPT, and when

A new round usually means SCRYPT is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SCRYPT raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SCRYPT, from your own LinkedIn network

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Company Information

Company

SCRYPT

Location

Zurich, Zurich, Switzerland

About

SCRYPT is a premier Swiss licenced financial service provider with a focus on institutional-grade crypto asset services. Founded in 2020 by entrepreneurs Norman Wooding and Sylvan Martin, SCRYPT has rapidly evolved from a basement startup to a leader in the Swiss fintech sector.

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Related People

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SCRYPT 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.