Zerion Closes $12M Series B Fundraise Led By Wintermute Ventures

Oct 12, 2022•almost 3 years ago

Amount Raised

$12 Million

Round Type

series b

San FranciscoInformation Technology

Description

Zerion, the leading wallet for the most active web3 users, today announced the closing of a $12.3M Series B funding round led by Wintermute Ventures, the investment arm of an algorithmic liquidity provider for digital assets, Wintermute. The company plans to use this financing to advance the company's mission of building the best wallet for Web3 citizens by leveraging advanced data and an intuitive design.

Company Information

Company

Zerion

Location

50 CALIFORNIA STREET, SUITE 1500

San Francisco, California, United States

About

At Zerion, we are on a mission to empower more people around the world with efficient, transparent, and censorship-resistant financial services. We do this by building applications, tools, and infrastructure enabling any smartphone holder, anywhere in the world, to build and manage their decentralized finance (DeFi) portfolios. The company was founded in 2016 by a technical team of crypto-native builders who sought to change the way centralized financial services work, primarily driven by experiencing the lack of financial opportunity within their countries. Zerion has grown to become one of the most popular DeFi interfaces in the world. Since inception, Zerion has processed over $1 billion in transaction volume and serves more than 300K monthly active users from over 150 countries.

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