Blum Labs
Latest round
- Seed
Last raised
- Feb 2025
Total raised
- $5M
Investors
- 8
About Blum Labs
Established in 2023 and based in Dubai, United Arab Emirates, Blum Labs Inc. focuses on simplifying the cryptocurrency trading experience. Gleb Kostarev (CEO), Vladimir Maslyakov (CTO), Sergey Tolmachev, and Alexander Lenin are the co-founders of the company. In November 2024, Blum Labs Inc. Blum provides a trading platform that simplifies the cryptocurrency trading experience for its users. The firm’s core product offerings include an all-in-one application that allows users to trade a wide array of cryptocurrencies without the need for switching between multiple platforms. The platform features an off-chain order book with on-chain settlement, enabling seamless transactions directly from popular wallets such as Trust Wallet and MetaMask. This mobile-first platform incorporates integrated gaming mechanics, enhancing user engagement while facilitating local currency trading to tap into global opportunities. The company targets users across various geographical markets, focusing on regions with established cryptocurrency communities and trading activities. Blum's revenue is generated primarily through transaction fees associated with trades executed on its platform. The structure typically involves users engaging in trades that incur fees upon completion, allowing Blum to capitalize on each transaction. The platform may also leverage subscription models for enhanced services or features, providing additional revenue streams. Customers can transact directly with the platform.
Who invested in Blum Labs
8 investors across 1 round
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Funding rounds
Seed
Feb 12, 2025
Amount
$5M
Investors
Questions about Blum Labs
Who invested in Blum Labs?
Blum Labs has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Blum Labs raised?
Blum Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Blum Labs last raise money?
Blum Labs's most recent round on record is a Seed, in Feb 2025.
What does Blum Labs do?
Established in 2023 and based in Dubai, United Arab Emirates, Blum Labs Inc.
Where is Blum Labs headquartered?
Blum Labs is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Blum Labs?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Blum Labs's stage. Their profiles are linked below.
VCs backing software startups at Seed
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