What is Kresus?
Founded in 2022 and headquartered in San Francisco, California, Kresus operates within the digital asset storage and management sector. The company provides a digital asset storage and management application, aiming to streamline and secure the handling of digital assets for its users. This focus positions Kresus to capitalize on the rapidly expanding digital economy and the increasing need for robust asset management tools.
How much funding has Kresus raised?
Kresus has raised a total of $25M across 1 funding round:
Series A
$25M
Series A (2023): $25M with participation from JetBlue Technology Ventures, Liberty City Ventures, and Franklin Templeton
Key Investors in Kresus
JetBlue Technology Ventures
JetBlue Ventures invests in early-stage startups focused on enhancing travel and hospitality, with a portfolio including companies that optimize airline revenue and product management. They prioritize technological advancements and sustainability.
Liberty City Ventures
Liberty City Ventures is a New York-based firm providing seed-stage investments to entrepreneurs, aiming to support innovative startups in their early development phases.
Franklin Templeton
Franklin Templeton is a global investment management organization offering a wide range of investment capabilities across multiple asset classes, including venture capital, and has pioneered innovations in investment management.
What's next for Kresus?
With this major strategic investment, Kresus is poised for accelerated growth and product development. The infusion of capital will likely be directed towards enhancing its application's capabilities, expanding its market reach, and potentially exploring new verticals within the digital asset management space. The company's trajectory suggests a focus on scaling its operations and solidifying its position as a key player in the digital asset infrastructure.
See full Kresus company page
