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Sovryn - Undisclosed
Overview
Funding Date
October 9, 2022
Financing amount
$5.4M
Valuation
--
Catagory
Subcategory
About Sovryn - Undisclosed
Sovryn announced today that it has secured $5.4m in its latest funding round, led by General Catalyst, to expand its global financial operating system designed to provide individual self-sovereignty and financial autonomy to people around the world. The additional investors in the round were Collider Ventures, Bering Waters, Bollinger Investment Group, and Balaji Srinivasan.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2000 | 19 | gcinfo@generalcatalyst.com | ||
| Fund | Israel | 2018 | 14 | invest@collider.vc | ||
| Fund | Hong Kong | 2018 | 3 | ir@beringwaters.com | ||
| Fund | United States of America | 2017 | 3 | -- | ||
| Angel Investor | United States of America | -- | 108 | -- |
Founders & Team
Edan Yago
Company Profile / Project Introduction
Sovryn is a decentralized application allowing users to trade Bitcoin on Layer 2 in a permissionless, noncustodial, and censorship-resistant way. It allows users to leverage Bitcoin up to 5x, and earn interest, without sacrificing their security or privacy.