How Much Did Defined Raise?
Funding & Key Investors

Defined, a data platform for the open web, has secured significant enterprise-level funding, with its total capital raised standing at $2.5M. The company recently announced a major strategic investment of $2.5M, underscoring its pivotal role in empowering users to query on-chain data and interact across multiple blockchains and DeFi protocols. This latest financing round is expected to accelerate Defined's growth and expand its market reach.

What is Defined?

Defined
SoftwareFinancial Software

Headquartered in Victoria, Canada, Defined operates at the intersection of data analytics and decentralized finance. The platform provides robust tools for querying on-chain data, enabling seamless interaction with various blockchains and decentralized finance (DeFi) protocols. This capability positions Defined as a critical infrastructure provider for the evolving open web ecosystem, catering to developers, analysts, and users seeking to navigate the complexities of blockchain data.

How much funding has Defined raised?

Defined has raised a total of $2.5M across 1 funding round:

2021

Angel/Seed

$2.5M

Angel/Seed (2021): $2.5M with participation from Inflection Ventures, Balaji Srinivasan, Tiny Capital, Portico Ventures, Version One Ventures, Rasool Rayani, Capital6 Eagle, Kamunting Street Capital Management, Mark Cuban, and Compound

Key Investors in Defined

Inflection Ventures

Inflection Ventures is an investment firm that likely focuses on companies with high growth potential, given the context of Defined's funding round.

Balaji Srinivasan

Balaji Srinivasan is a notable figure in the tech and crypto space, suggesting an interest in innovative blockchain and data infrastructure projects.

Tiny Capital

Tiny Capital is a long-term focused investment firm based in Victoria, Canada, known for investing in and operating a diverse portfolio of businesses, including technology and digital assets.

What's next for Defined?

With the recent infusion of major strategic capital, Defined is poised for significant expansion. The company's focus on empowering users with accessible on-chain data query capabilities suggests a trajectory aimed at becoming a foundational layer for Web3 data interaction. Future developments are likely to involve enhancing platform functionalities, broadening blockchain protocol support, and potentially forging strategic partnerships to further integrate its services across the DeFi landscape. This enterprise-level backing signals strong investor confidence in Defined's vision and its potential to shape the future of data accessibility in the decentralized space.

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Frequently Asked Questions Regarding Defined Financial Insights

What are the most recent funding rounds that Defined has completed, and what were the funding rounds?
Defined has recently completed 1 funding rounds: Angel/Seed on Jun 1, 2021.
What is the total amount of funding Defined has raised to date?
Defined has raised a total of $2.5M in funding to date.
How many funding rounds has Defined completed?
Defined has completed 1 funding rounds.
How much funding did Defined raise in its most recent funding round?
Defined raised $2.5M in its most recent funding round.
Who are the lead investors in Defined's latest funding round?
The lead investor in Defined's latest funding round was Inflection Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Defined's history?
The largest funding round in Defined's history was $2.5M.
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