# Dakota

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

- Industry: Software
- Headquarters: Boulder, US
- Website: www.dakota.xyz
- Total disclosed funding: $13M
- Latest round: Series A (Jul 15, 2025)
- Investors on record: 4

## About

Based in Boulder, US, Dakota Ridge, Inc., doing business as Dakota delivers innovative blockchain-based business banking solutions, enhancing efficiency and user experience for businesses in the digital age. Dakota, founded in 2022 and headquartered in the US, specializes in digital banking solutions. In July 2025, Dakota raised USD 12.5 million in series A funding led by new investor CoinFund Management, with participation from other new investors 6th Man Ventures, Digital Currency Group and Triton Venture Capital. The founder's history is not detailed, and there are no known subsidiaries or pivots in strategy. Dakota specializes in providing comprehensive business banking solutions tailored for the digital age. The company's core product offerings include a suite of digital banking services designed to streamline financial operations for businesses. This encompasses online banking platforms, payment processing solutions, and cash management services, all aimed at enhancing operational efficiency and user experience. These services are designed to address the challenges faced by small to medium-sized enterprises (SMEs), allowing them to manage their finances seamlessly in an increasingly digital marketplace. Dakota serves a diverse client base across various sectors, including technology, retail, and service industries, primarily targeting markets such as North America, Europe, and select parts of Asia-Pacific.Revenue generation for Dakota is structured around a blend of subscription models and transaction fees tied to its digital banking services. Clients typically engage with Dakota’s offerings through a subscription plan that grants access to its suite of banking tools, along with variable transaction fees for payment processing services. For instance, a business utilizing Dakota’s payment processing solution would incur fees based on the volume of transactions processed monthly. This transactional structure supports a steady revenue stream while providing businesses with flexible financial solutions that grow alongside their operational needs. Dakota focuses on establishing long-term partnerships with its clients, positioning itself as a key financial partner within their operational frameworks. In July 2025, Dakota raised USD 12.5 mn in Series A funding  to build global business bank account by combining stablecoin efficiency with U.S. Treasury security and broaden its market presence. The funding will support the launch of new products designed to enhance their digital banking services, leveraging innovative technology to meet the evolving needs of their clients.

## Funding rounds

- Series A, Jul 15, 2025, $13M — Digital Currency Group, CoinFund Management, 6th Man Ventures, Triton Venture Capital

## Investors

- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series A
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Series A
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Series A
- Triton Venture Capital (https://capitalatlas.ai/funds/triton-venture-capital) — Series A