Crypso pulls in $3m seed funding

Crypso, a community-led investing platform for crypto, has raised $3m in a seed financing round headed by Hashed Emergent. 

Also taking part in the round were Athera Venture Partners, Better Capital and Whiteboard Capital. Angel investors such as Kunal Shah, Sandeep Nailwal and Jaynti Kanani also took part.

According to Entrackr, Crypso is a social trading application that solves for underserved community behaviour. Users are able to see the portfolio and trading strategies of their peers and influencers, join community group chats, share their portfolio with communities for feedback and execute trades based on social signals.

The company claims it has 50,000 registered users on the platform and it aims to hit one million users in the next year.

The funding will be used to grow its user base and increase the breadth of product offerings and technology.

Reserv, a third party administrator (TPA) that is looking to reinvent insurance claims, has exited stealth with $8m in seed funding.

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