Lasso Labs, a San Mateo, CA-based provider of a data platform to discover and create utility for digital assets like NFTs, raised $4.2M in Initial funding.
The round was led by Electric Capital, with participation from Ethereal Ventures, Village Global, OpenSea, Page One Ventures, Sriram Krishnan, 0x650d, Chandan Lodha, Will Papper, David Choi, and Soso Sazesh.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Lasso provides a platform that ingests real-time data from on-chain and off-chain sources (social media APIs and websites), automatically tags instances of utility, and populates its utility registry with structured records. Once verified, these are visible to people using Lasso.
The company is announcing an invite-only beta program for its first product: a discovery platform that gives users a real-time view of any access, offers, rights, or other opportunities tied to specific NFTs.
FinSMEs
06/10/2022