# CFX Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cfx-labs

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.cfxlabs.com
- Total disclosed funding: $9.5M
- Latest round: Seed (Nov 15, 2023)
- Investors on record: 9

## About

Based in Illinois, US, and founded in 2021 by Chief Executive Officer Nick Cavet and Chief Risk Officer Matthew Dixon, CFX Labs Inc. operates as a financial technology-based company providing blockchain-based payment systems with payment networks. In November 2023, CFX Labs Inc. raised USD 9.5 million in seed funding from Shima Capital, Decasonic, AntAlpha, CMT Digital, Corazon Capital, Hard Yaka, Kraken Ventures, New Form Capital, and Metropolitan Capital Advisors.

CFX Labs Inc. developed a platform known as MoveMoney, that allows users to transfer payments through wallet technology, and its available for iOS and Android smartphones. The company offers support to clients with compliance management for handling the frameworks to meet data privacy, anti-money laundering, and cybersecurity regulations in the fintech industry. In addition, the firm provides tax and accounting services for maintaining companies with complex and ever-changing tax laws, ensuring legal compliance and financial stability. CFX Labs Inc. offers other financial services such as risk management and financial technology for managing volatile assets, requiring constant monitoring and informed decision-making simplifying financial operations, and supporting startup growth.

## Funding rounds

- Seed, Nov 15, 2023, $9.5M — Metropolitan Capital Advisors, Corazon Capital, Hard Yaka, CMT Digital, New Form, Kraken Ventures, Shima Capital, AntAlpha, Decasonic

## Investors

- Metropolitan Capital Advisors — Seed
- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Seed
- Hard Yaka (https://capitalatlas.ai/funds/hard-yaka) — Seed
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- New Form (https://capitalatlas.ai/funds/new-form) — Seed
- Kraken Ventures (https://capitalatlas.ai/funds/kraken-ventures) — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- AntAlpha (https://capitalatlas.ai/funds/antalpha) — Seed
- Decasonic (https://capitalatlas.ai/funds/decasonic) — Seed