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Truflation - Undisclosed
Overview
Funding Date
February 9, 2024
Financing amount
$6M
Valuation
--
Category
Subcategory
About Truflation - Undisclosed
San Francisco-based Truflation, a leader in economic data, has secured a $6 million investment to disrupt traditional data infrastructure. The funding round was spearheaded by Laser Digital and Red Beard Ventures, with additional support from Modular Capital and Four Seasons Ventures. Existing investors, including Chainlink, Fundamental Labs, C2squared, Cogitent Ventures, and the Israeli Blockchain Association, also participated in the round. Notably, Truflation was chosen as part of the inaugural cohort of the Base Ecosystem Fund, managed by Coinbase Ventures, from over 800 applicants.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 29 | -- | ||
| Fund | United States of America | 2019 | 37 | -- | ||
| Fund | United States of America | 2022 | 18 | -- | ||
| Fund | United States of America | 2000 | 1 | [email protected] | ||
| Corporate | -- | -- | 12 | -- | ||
| Fund | China | 2017 | 49 | IR@ fundamental.com.cn | ||
| Corporate | Unknown | -- | 1 | [email protected] | ||
| Fund | -- | -- | 66 | -- | ||
| Lab | Israel | -- | 8 | -- |
Founders & Team
Stefan Rust
Company Profile / Project Introduction
Truflation offers a new inflation truth-set to provide reliable financial data for better decision-making. It uses 10 million data points and updates indices daily, offering more comprehensive and up-to-date information compared to traditional indexes updating monthly. Truflation's secure blockchain infrastructure provides unbiased, verifiable data for the growth and sustainability of business decisions.