Sovryn

About

Sovryn is a Bitcoin-based decentralized trading and lending platform.

Gibraltar,Gibraltar,Gibraltar
11 - 50
https://sovryn.app/

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $5.40M
Industries: Bitcoin,Cryptocurrency,Finance,Financial Services,Trading Platform
Founded date: Jan 1, 2020
Number Of Employee: 11 - 50
Operating Status: Active

Sovryn is a Bitcoin-based decentralized trading and lending platform. It's developed on RSK, a side chain of the Bitcoin blockchain-powered by merge-mining, and is governed by the community.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$7.50M

Sovryn has raised a total of $7.50M in funding over 2 rounds. Their latest funding was raised on Oct 9, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 9, 2022	Series Unknown	$5.40M	5	General Catalyst	—	Detail
Dec 15, 2020	Seed	$2.10M	3	Greenfield	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

7

Sovryn is funded by 7 investors. General Catalyst and Greenfield are the most recent investors.

Investor Name	Lead Investor	Funding Round
General Catalyst	Yes	Series Unknown
Greenfield	Yes	Seed
Balaji Srinivasan	—	Series Unknown
Bering Waters Ventures	—	Series Unknown
Bollinger Investment Group	—	Series Unknown
Collider	—	Series Unknown
Monday Capital	—	Seed