Fundz

Synfutures Raises $22 Million Series B, Bucking ‘Crypto Winter’

PRIVATEOct 19, 2023

Amount Raised

$22 Million

Round Type

Series B

New YorkFinancial ServicesBlockchainCryptocurrency

Description

Amid a global slowdown in venture investments for crypto projects, some companies continue to buck the trend. SynFutures, a decentralized crypto derivatives exchange, has completed a $22 million Series B funding round. Pantera Capital led the round, with participation from Susquehanna International Group (SIG) and HashKey Capital.

Quick answer

SynFutures raised $22 Million in a Series B round, dated October 19, 2023. SynFutures is based in New York, New York, United States.

How much did SynFutures raise?
SynFutures raised $22 Million in a Series B round on October 19, 2023.
What does SynFutures do?
Trade Perps, Any Asset, Anytime SynFutures is a leading perp DEX that offers permissionless listings, enabling anyone to freely list and trade asset pairs.
Where is SynFutures based and how big is it?
SynFutures is based in New York, New York, United States.
Who are the decision-makers at SynFutures?
Fundz holds 1 contact at SynFutures, including the Co-Founder & Chief Strategy Officer. 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 SynFutures that raised within 45 days of this round, from Fundz verified event records.

  • Crypto Co raised $50K (Seed) on November 24, 2023.
  • Rho Labs raised $2.2M (Seed) on November 16, 2023.
  • Animoca Brands raised $50M (Funding Round) on November 2, 2023.
  • Membrane Labs raised $20M (Funding Round) on October 11, 2023.
  • Untangled Finance raised $14M (Funding Round) on October 11, 2023.
  • Crypto Co raised $20K (Seed) on October 3, 2023.

Who to call at SynFutures, and when

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

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

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Company Information

Company

SynFutures

Location

New York, New York, United States

About

Trade Perps, Any Asset, Anytime SynFutures is a leading perp DEX that offers permissionless listings, enabling anyone to freely list and trade asset pairs. SynFutures democratizes the derivatives market by employing an Amazon-like business model, giving users the tools to freely trade any assets and list arbitrary futures contracts within seconds. Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and team members have extensive experience at global financial institutions, fintech companies and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, and Deutsche Bank.

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Fundz sees it the moment SynFutures raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsMatt L., Co-Founder & Chief Strategy OfficerSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

SynFutures raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, 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.