What is August?
August offers an institutional-grade platform designed for the management and settlement of digital assets. Their services encompass secure access to spot, derivative, and DeFi trading, alongside automated loan lifecycle and risk management software. The company specifically targets financial institutions, emphasizing transparency and client-centric support through real-time analytics and reporting capabilities. Key features include cross-collateralized margin accounts and integrated risk management tools, positioning August as a reliable partner for clients navigating the complexities of on-chain finance.
How much funding has August raised?
August has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2025): $10M with participation from FinTech Collective, Foresight Ventures, SCB Group, 6th Man Ventures, Robot Ventures, Maven 11 Capital, and Dragonfly Ventures
Key Investors in August
FinTech Collective
FinTech Collective is a venture capital firm that partners with visionary founders aiming to reshape financial markets, focusing on companies reimagining the flow of money through innovative technology and operational strategies.
Foresight Ventures
Foresight Ventures is an early-stage investor in cryptocurrency, providing extensive support through its ecosystem which includes major market players like crypto exchange Bitget and crypto wallet BitKeep.
SCB Group
SCB Group is a world-leading commodity broking group offering brokerage services across global biofuels, energy, and agricultural markets, with a focus on managing information flow and investing heavily in client relationships.
What's next for August?
The recent major enterprise-level funding indicates August is poised for significant scaling and further development of its institutional digital asset platform. This capital injection will likely fuel expansion into new markets, enhancement of its technological infrastructure, and strategic partnerships to broaden its service offerings. The company's focus on transparency, risk management, and client support suggests a trajectory aimed at becoming a foundational pillar in the evolving landscape of digital finance for traditional financial institutions.
See full August company page
