What is Coinshift?
Founded in 2021, Coinshift operates as a premier crypto treasury management platform designed specifically for companies and DAOs. The platform addresses the critical need for financial transparency and operational efficiency in the Web3 space by constructing a shared data layer integrated with IPFS and Filecoin. By providing a comprehensive suite of tools for asset management, reporting, and multi-signature governance, Coinshift enables organizations to maintain rigorous financial standards while operating in a decentralized environment. Its market position is defined by its ability to simplify complex on-chain accounting, making it an essential utility for the burgeoning DAO economy.
How much funding has Coinshift raised?
Coinshift has raised a total of $17.5M across 2 funding rounds:
Angel/Seed
$2.5M
Series A
$15M
Angel/Seed (2021): $2.5M with participation from LongHash Ventures, ConsenSys Mesh, FinTech Collective, and Sequoia Capital India
Series A (2022): $15M led by Tiger Global Management and Sequoia Capital
Key Investors in Coinshift
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Sequoia Capital
Sequoia Capital manages funds across venture, growth, and late stage opportunities, playing the role of an active, value-added partner to entrepreneurs and business families.
LongHash Ventures
LongHash Ventures is a global blockchain accelerator and investor building the native Web 3.0 blockchain economy, committed to catalyzing growth for the next generation of blockchain startups.
What's next for Coinshift?
With the recent infusion of capital, Coinshift is well-positioned to accelerate its product roadmap and expand its enterprise-grade feature set. The strategic focus will likely shift toward enhancing cross-chain interoperability and deepening integrations with institutional-grade custody solutions. As the regulatory landscape for digital assets matures, Coinshift is poised to become the standard-bearer for treasury management, providing the necessary infrastructure for organizations to scale their operations securely. The company's ability to leverage its investor network for go-to-market execution will be critical as it seeks to capture a larger share of the institutional Web3 market.
See full Coinshift company page
