Total amount raised
$22 Millions
Latest funding date
12/01/2021
Location
SEDA has successfully raised over $22 million in funding, backed by leading venture capital firms and innovative founders. The platform offers powerful oracle services for Web3 applications, enabling users to deploy application-specific oracle programs quickly.
Keep reading to explore the intricacies of SEDA's fundraising journey and the investors backing this innovative platform.
What Is SEDA?
SEDA is a company that provides powerful oracle solutions for Web3 applications, enabling secure and efficient data access and interoperability across different blockchain networks. The company focuses on connecting the internet onchain, allowing for the rapid deployment of application-specific oracle programs.
Operating within the Web3 and blockchain oracles industry, SEDA emphasizes permissionless access, programmability, and accessibility. The company has successfully raised over $22 million in funding, backed by leading venture capital firms.
How Much Funding Has SEDA Raised?
- Pre-Seed Round
- Date: May 2020
- Lead Investors: -
- Seed Round
- Amount Raised: $10.3M
- Date: May 2021
- Lead Investors: Distributed Global
- Initial Coin Offering
- Amount Raised: $11.7M
- Date: December 2021
- Lead Investors: -
In total, SEDA has raised $22 million in funding.
Key Investors
Here are the major investors in SEDA:
- Distributed Global
- Details: Distributed Global is a venture capital firm that focuses on investing in blockchain and cryptocurrency projects. They have a strong track record of supporting early-stage companies in the Web3 space.
- Investment Focus Areas: Blockchain, Cryptocurrency, Web3
- Notable Investments: Filecoin, Dapper Labs, BlockFi
- Pre-Seed Round Investor
- Details: The investor for the pre-seed round remains undisclosed. They played a crucial role in the early development of SEDA.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like SEDA and gather other critical business insights.
Sign up for free to start exploring the wealth of information available on Clay.
