Crypto Data And Metrics Provider Messari Raises $4M In Funding And Adds New Board Member

    Crypto data analysis firm, Messari Crypto, announced they had raised $4 million USD in a capital funding round led by Uncork Capital and joined by top crypto industry firms such as Coinbase Ventures, Blockchain Capital, CoinFund, Danhua Capital, Fenbushi Capital, and individual investor, Balaji Srinivasan. The valuation of the company remains undisclosed.

    Messari Raises $4 Million USD in Capital Funding Round

    In an official statement by the crypto metrics and news firm, Messari closed a $4 million dollar funding round that will “accelerate the expansion of the company’s Transparency Registry, and evolve Messari Pro research and data analytics beyond beta.” In a highly participated funding round, Uncork Capital will have their CEO and founder, Jeff Clavier join the board at Messari.

    Jeff was optimistic at the investment solving a key problem in the company’s operational space adding key capital and infrastructure that currently is lacking in the industry. Speaking on the investment in Messari, Jeff said,

    “If crypto is going to become a mainstream asset class, it needs quality data that is open and transparent. The Messari team are pioneers in the industry, and have built a strong picks and shovels business in an otherwise volatile and unpredictable market.”

    Other existing investors who did not participate in this round of funding include Anthemis, Semantic Ventures, Fabric Ventures, Underscore VC, and DHVC.

    The company raised $1 million in a seed funding round in May last year and has witnessed exponential growth in the projects supported. In August the company added eleven new projects to its disclosures registry including Cardano (ADA), Lisk (LSK) and Beam (BEAM).

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    Lujan Odera
    Lujan Odera
    Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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