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Ember Fund Raises $5.3 Million in Funding 🔥

April 1, 2021

Hi Ember Crew,

Today, we are absolutely thrilled to announce that we’ve closed a $5.3 million seed round from Uncorrelated Ventures, Anthos Capital, Brian Dilley (ex-CTO of TikTok/Blockfolio) and Calm Ventures. We’re also bringing on Richard Jun (Co-Founder and Managing Partner of BAM Ventures) as an advisor.

These are some of the same early backers of Honey ($4B exit to Paypal), Headspace, Compound, MakerDao, UMA, Cosmos, dYdX and more. Most of our investors have built and exited multi-billion dollar consumer and fintech companies, or made early equity investments into some of the top cryptocurrency firms in the industry.

Although this is an amazing milestone for us, as a team we recognize that this is just Day 1. In the following months, we’ll be heavily investing in building an even better product for you, scaling up customer support and launching more innovative financial products.

As a reminder, our mission is to take investment products multi-billion dollar funds use and deliver them to the world in a way that preserves the ethos of cryptocurrencies. We are and will always be permissionless, censorship-resistant, completely transparent and fully decentralized. You own your own keys. This fresh capital will help us accelerate this mission.

Feel free to ping us with questions and thanks for joining us in building the future of decentralized finance.

Cheers,

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