What is Strike?
Headquartered in Chicago, Illinois, Strike operates a sophisticated mobile application designed to facilitate seamless peer-to-peer money transfers and Bitcoin trading. The company distinguishes itself by utilizing the Lightning Network to provide near-instantaneous, low-cost transaction capabilities. By abstracting the complexities of blockchain technology, Strike enables users to interact with digital assets as easily as traditional fiat currency, effectively positioning itself at the intersection of consumer fintech and decentralized finance. Its platform serves as a robust gateway for both retail users and enterprise clients seeking efficient, borderless payment solutions.
How much funding has Strike raised?
Strike has raised a total of $80M across 1 funding round:
Series B
$80M
Series B (2022): $80M with participation from UW University of Wyoming, Ten31, and Washington University
Key Investors in Strike
UW University of Wyoming
A public research university based in Laramie, Wyoming, that supports academic innovation and research initiatives across diverse scientific and technological disciplines.
Ten31
A specialized investment firm focused on supporting companies that contribute to the Bitcoin ecosystem and the advancement of decentralized financial technologies.
Washington University
A prestigious academic institution known for its research contributions and support for emerging technological ventures.
What's next for Strike?
With the successful closure of this Series B round, Strike is expected to prioritize the expansion of its enterprise-level payment APIs and the deepening of its regulatory compliance framework. The strategic focus will likely shift toward increasing market penetration in regions where traditional banking infrastructure remains inefficient or costly. As the company matures, the integration of advanced financial tools and the potential for broader institutional partnerships will be pivotal in maintaining its competitive edge. The current funding trajectory suggests a long-term commitment to building a resilient, global financial network that prioritizes speed, accessibility, and security for its growing user base.
See full Strike company page
