π Startup #13: Rain
Segment: DeFi / Business Model: B2B / Stage: Seed https://www.raincards.xyz/Purpose: Corporate card built for Web3 teams to be able to access their funds and manage spend Problem: As Web3 teams grow accessing your funds and managing spend becomes complicated, where you need to use a centralized exchange to access your funds Solution: A corporate card that syncs to a decentralized wallet and allows teams to access their funds easily and track their spending Team:Charles Naut - Co-founderFarooq...
π Startup #12: Chaingrep
Segment: Infrastructure / Business Model: B2B / Stage: Seed https://chaingrep.com/Purpose: Making on-chain data easy to ready and understand Problem: Blockchains are fairly complex and understanding how protocols work is challenging. This complexity is preventing adoption of crypto the the masses. Solution: An API that converts strings of data which are random numbers and letter to easy to understand words formulated into sentences. Team:Merwane Drai - Co-founder and CEORosco Kalis - Co-found...
π Startup #8: Dialect
Segment: DeFi / Business Model: B2C / Stage: Seed https://www.dialect.to/Purpose: Web3 messaging technology to provide wallets a secure way to communicate on Solana Problem: Not all users want to dox their emails or phone numbers to communicate or receive notification in the Web3 environment (sharing personal information isnβt ideal). This is particularly the case for DeFi users or on-chain gamers Solution: Communicate directly from wallet to wallet and dapp notifcations, without the need for...
Crypto enthusiast. I'm obsessed with what the future could look like and the interesting startups creating this space. X-ice cream addict.
π Startup #13: Rain
Segment: DeFi / Business Model: B2B / Stage: Seed https://www.raincards.xyz/Purpose: Corporate card built for Web3 teams to be able to access their funds and manage spend Problem: As Web3 teams grow accessing your funds and managing spend becomes complicated, where you need to use a centralized exchange to access your funds Solution: A corporate card that syncs to a decentralized wallet and allows teams to access their funds easily and track their spending Team:Charles Naut - Co-founderFarooq...
π Startup #12: Chaingrep
Segment: Infrastructure / Business Model: B2B / Stage: Seed https://chaingrep.com/Purpose: Making on-chain data easy to ready and understand Problem: Blockchains are fairly complex and understanding how protocols work is challenging. This complexity is preventing adoption of crypto the the masses. Solution: An API that converts strings of data which are random numbers and letter to easy to understand words formulated into sentences. Team:Merwane Drai - Co-founder and CEORosco Kalis - Co-found...
π Startup #8: Dialect
Segment: DeFi / Business Model: B2C / Stage: Seed https://www.dialect.to/Purpose: Web3 messaging technology to provide wallets a secure way to communicate on Solana Problem: Not all users want to dox their emails or phone numbers to communicate or receive notification in the Web3 environment (sharing personal information isnβt ideal). This is particularly the case for DeFi users or on-chain gamers Solution: Communicate directly from wallet to wallet and dapp notifcations, without the need for...
Crypto enthusiast. I'm obsessed with what the future could look like and the interesting startups creating this space. X-ice cream addict.

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Segment: DeFi / Business Model: B2B / Stage: Seed
Purpose: Helping companies manage their crypto
Problem: Managing and tracking funds in crypto can be from multiple sources making it difficult to understand how much and where crypto funds are being spent
Solution: Create a crypto wallet and track all spending in one tool, while staying compliant
Team:
Grey Nguyen - Co-founder and CEO
Ben Yang - Co-founder and CTO
Traction:
Funding: Raised $5M Seed in April 2022, led by Abstract Ventures and A* Capital. Balaji Srinivansan, Sahil Bloom and Dan Held contributed.
Product: Currently in closed-beta and aiming to launch later this year
Positive Signals:
Market: No other real crypto spend management platform out there, allowing them to be a first-mover. Itβll be key to see how they become sticky for their customers as more players enter the space
Business Model: Proven out by FIAT corporate card and spent management startups like Brex and Ramp
Founders: Strong backgrounds, both went to Wharton and worked in reputable firms the last few years
Risks:
Business Model: They aim to be free for users and charge in the future with product launches such as staking
Founders: First-time founders (I donβt view this as a negative), but will be interesting to see them ride the ups and downs of the journey - they have a strong team of investors (read: mentors)
Segment: DeFi / Business Model: B2B / Stage: Seed
Purpose: Helping companies manage their crypto
Problem: Managing and tracking funds in crypto can be from multiple sources making it difficult to understand how much and where crypto funds are being spent
Solution: Create a crypto wallet and track all spending in one tool, while staying compliant
Team:
Grey Nguyen - Co-founder and CEO
Ben Yang - Co-founder and CTO
Traction:
Funding: Raised $5M Seed in April 2022, led by Abstract Ventures and A* Capital. Balaji Srinivansan, Sahil Bloom and Dan Held contributed.
Product: Currently in closed-beta and aiming to launch later this year
Positive Signals:
Market: No other real crypto spend management platform out there, allowing them to be a first-mover. Itβll be key to see how they become sticky for their customers as more players enter the space
Business Model: Proven out by FIAT corporate card and spent management startups like Brex and Ramp
Founders: Strong backgrounds, both went to Wharton and worked in reputable firms the last few years
Risks:
Business Model: They aim to be free for users and charge in the future with product launches such as staking
Founders: First-time founders (I donβt view this as a negative), but will be interesting to see them ride the ups and downs of the journey - they have a strong team of investors (read: mentors)
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