# ClubNFT Corporation

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

- Industry: Software
- Headquarters: Framingham, US
- Website: www.clubnft.com
- Total disclosed funding: $3.9M
- Latest round: Seed (Oct 28, 2021)
- Investors on record: 7

## About

ClubNFT Corporation specializes in digital asset management, focusing on protecting and enhancing the value of NFTs through a range of automated services designed specifically for artists, collectors, and investors in the digital asset space.Founded in 2017, ClubNFT Corporation operates in Framingham, US, providing services for managing Non-Fungible Tokens (NFTs). The company was established by Chris King and Jason Bailey, with Jason Bailey serving as the CEO. ClubNFT has conducted 2 funding deals, with the most recent round being a Seed round on October 28, 2021, where the company raised USD 3.000 mn, led by Galaxy Digital and Galaxy Interactive, among other investors.ClubNFT specializes in providing a comprehensive suite of services designed to protect and enhance the value of digital assets, particularly NFTs (Non-Fungible Tokens). The core offerings include an automated backup service for NFT files, a pinning service that ensures off-chain files remain accessible and linked to their respective NFTs, and a monitoring system that safeguards new acquisitions. Additionally, the platform offers detailed valuation insights for NFTs across networks such as Ethereum, Tezos, and Avalanche, enabling collectors to make informed investment decisions. The company primarily serves artists, NFT collectors, and investors looking to mitigate risks associated with digital asset ownership.ClubNFT generates revenue through subscription-based models that provide users access to its suite of tools for NFT management and protection. Customers can subscribe to the service for a monthly fee, with promotional offers such as a free month and complimentary resources available at the time of sign-up. The pricing structure includes options for annual subscriptions, which provide cost savings compared to monthly plans. Through these recurring revenue streams, ClubNFT aims to build long-term partnerships with its clients, ensuring ongoing support and access to the latest innovations in NFT protection and management.ClubNFT Corporation plans to leverage the USD 3.000 mn raised in Seed funding to enhance its product offerings and expand into new markets. The funding will support the development of upcoming products designed to further assist in NFT management. The company is targeting expansion into additional geographic regions, including Europe and Asia, by the end of 2023, aiming to increase its customer base among artists and collectors globally.

## Funding rounds

- Seed, Oct 28, 2021, $3M — Red Swan Ventures, Galaxy Asset Management, Draper Dragon, CMT Digital, Galaxy Interactive, Sfermion
- Seed, Apr 1, 2021, $0.9M — Motown Capital

## Investors

- Motown Capital (https://capitalatlas.ai/funds/motown-capital) — Seed
- Red Swan Ventures (https://capitalatlas.ai/funds/red-swan-ventures) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Draper Dragon (https://capitalatlas.ai/funds/draper-dragon) — Seed
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- Galaxy Interactive — Seed
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Seed