EtherMail, a Schann, Switzerland-based Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, raised $4m USD in a pre-Series A funding round.
The round was led by Tim Draper and Draper Associates, with participation from MS&AD Ventures.
The company intends to use the funds to drive recruitment and ongoing market expansion while expediting the roll out of the EtherMail SSO (Single Sign-on Solution) and the AMS (Advertising Marketplace Solution) together with a personalized protective layer for email users to filter spam and earn rewards for receiving inbound advertising emails.
Led by Shant Kevonian and Gerald Heydenreich, EtherMail is a Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication. With it, companies can send rich, relevant content directly to their asset holders based on blockchain-synced real time information. EtherMail also allows fully anonymous P2P communication and rewards its users for reading relevant content in their inbox.
Since closing a $3.3M seed round in August 2022, the company has experienced rapid growth in terms of user onboarding with more than 500,000 users and established partnerships with NFT projects such as Probably Nothing, Toxic Skulls Club, inBetweeners and Prime Planet. Most recently, EtherMail announced its integration with ENS (Ethereum Name Service) and Draper-backed Unstoppable Domains, extending the reach of its Web3 email solution to millions of registered UD and ENS users.
FinSMEs
08/03/2023