# Blue

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue

- Industry: IT Security/Cybersecurity
- Headquarters: Tampa, US
- Website: www.blue.fi
- Total disclosed funding: $3.2M
- Latest round: Seed (Jul 1, 2022)
- Investors on record: 6

## About

Founded in 2022 and based in Florida, US, Blue operates as an information technology security company that provides compliance and identity verification services to traders in the financial sectors. In January 2023, Blue raised USD 3.2 million in seed funding co-led by investors Blockchange Ventures and Fenbushi Capital, with participation from DoraHacks Ventures, Gate.io, Wave Financial, and Knollwood Investment Advisory.

The firm allows retail and institutional investors to engage in DeFi (decentralized finance) trading using Uniswap and Curve wallets that are KYC/AML verified and offers identity verification with other parties in order to comply with know your customer (KYC) and anti-money laundering regulations. Furthermore, the company provides BlueID, an identity credential aggregator that eliminates repetitive KYC onboarding.

The company intends to use the January 2023 funding to complete its security audits, hire more employees, and launch its permissioned DeFi technology product in the first quarter of 2023.

## Funding rounds

- Seed, Jul 1, 2022, $3.2M — Knollwood Investment Advisory, Fenbushi Capital, Blockchange Ventures, Wave Digital Assets, Gate.io, DoraHacks Ventures

## Investors

- Knollwood Investment Advisory — Seed
- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- Blockchange Ventures (https://capitalatlas.ai/funds/blockchange-ventures) — Seed
- Wave Digital Assets — Seed
- Gate.io — Seed
- DoraHacks Ventures — Seed