CryptoSlam, an Overland Park, Kan.-based provider of data and transparency for the NFT industry, today announced the close of an oversubscribed $9 million capital raise.
The seed round was led by Animoca Brands, the company driving digital property rights via NFTs and gaming to build the open metaverse, with participation from pre-seed investors Mark Cuban and Sound Ventures, the venture capital firm founded by Ashton Kutcher and Guy Oseary. Other investors included OKEx Blockdream Ventures, the venture arm of cryptocurrency exchange OKEx, blockchain protocols Binance Smart Chain and Polygon, KCRise Fund, PKO Investments, Stocktwits, Forte, Twenty5Twenty, Red Beard Ventures, Reid Hoffman (LinkedIn), Mark Pincus (Zynga), Nigel Eccles (FanDuel), James Park (Fitbit), Randall Kaplan (Akamai Technologies), Alexandra Wilkis Wilson (Gilt.com), Kun Gao (Crunchyroll), Chris Wang (Playdom), Dennis Fong (Xfire), Greg Tseng (Tagged), Holly Liu (Kabam), Sebastien Borget (The Sandbox), and co-founders of Rotten Tomatoes, Stephen Wang and Patrick Lee.
The company intends to use the funds to support its hiring plan, expand the development of the platform for new and existing blockchains, and support the launch of several new products under the CryptoSlam brand such as an enterprise NFT data API, allowing developers to build on top of the platform.
Led by Randy Wasinger, Founder and CEO, CryptoSlam is an aggregator of non-fungible token (NFT) data from a list of popular blockchains, including Ethereum, Ronin, Solana, Flow, Polygon, WAX and many others. Launched in 2018, CryptoSlam is used by thousands of NFT enthusiasts, speculators and market watchers each day to analyze NFT market trends and conduct deep analytics on a growing list of collections. In addition, its NFT market data is frequently cited by media outlets including Forbes, Bloomberg, The Motley Fool, TechCrunch, Reuters, TheStreet, CNBC and many others.
The team has over 20 team members including several key executive hires (assisted by the global executive recruitment firm, Rosenzweig & Company).
FinSMEs
05/01/2022