What is Zerion?
Zerion is a startup dedicated to building a comprehensive decentralized finance interface tailored for cryptocurrency investors. The platform provides users with access to over 50,000 digital assets and more than 60 protocols operating on the Ethereum blockchain. Through its intuitive app, Zerion streamlines the user interface of DeFi, enabling individuals to access tokens and engage in investments in a manner comparable to centralized exchanges like Coinbase or Gemini, but crucially, utilizing their own personal wallets such as MetaMask. The company is headquartered in San Francisco, California.
How much funding has Zerion raised?
Zerion has raised a total of $22.5M across 3 funding rounds:
Angel/Seed
$2M
Series A
$8.2M
Series B
$12.3M
Angel/Seed (2019): $2M with participation from Gnosis, Placeholder, and Blockchain Ventures
Series A (2021): $8.2M led by Digital Currency Group, Blockchain, Placeholder, Lightspeed Venture Partners, and Mosaic Ventures
Series B (2022): $12.3M, investors not publicly disclosed
Key Investors in Zerion
Digital Currency Group
Digital Currency Group is a prominent entity focused on accelerating the development of a better financial system through investments in bitcoin and blockchain companies. They are known for their extensive network, insights, and capital, with a portfolio of over 85 investments globally.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global, multistage venture capital firm that invests in early and growth-stage technology companies across various sectors including enterprise software, consumer, fintech, and infrastructure, supporting founders from seed stage through IPO or M&A.
Mosaic Ventures
Mosaic Ventures is a venture capital partnership specializing in Seed and Series A investments in AI-driven startups, with a particular focus on European entrepreneurs aiming for global scalability. They provide hands-on support and adopt a thesis-driven approach to long-term investments.
What's next for Zerion?
With the recent infusion of major strategic capital, Zerion is poised for accelerated growth and further development of its DeFi interface. This significant backing suggests a focus on scaling its operations, enhancing its platform's capabilities, and potentially expanding its market reach. The company's ability to attract substantial investment indicates strong market confidence in its vision to simplify access to the complex world of decentralized finance.
See full Zerion company page
