# Decent Function

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/decent-function

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.decentology.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Oct 19, 2021)
- Investors on record: 7

## About

Decent Function, Inc. specializes in blockchain-based financial solutions designed to enhance accessibility and efficiency for both individual and institutional investors, providing a comprehensive suite of products and services.Decent Function, Inc., founded in 2018, is based in Mountain View, US. The company focuses on delivering innovative blockchain solutions tailored for asset management. The founders are Chase C and Nik Kalyani, with Nik Kalyani serving as the CEO. The company raised USD 4.3 mn in Seed funding on October 19, 2021, from notable investors including Animal Ventures, Berezka DeFi Fund, and Dapper Labs Inc. This funding marks the company's total raised to USD 4.3 mn over 2 deals.Decent Function, Inc. offers VTRU Scope by Vitruveo, a suite of blockchain-based financial products designed for individual and institutional investors. Key offerings include VTRU tokens for transactions, staking, vaults, and a treasury system aimed at enhancing liquidity and facilitating investment growth. These services cater primarily to retail investors, financial institutions, and cryptocurrency enthusiasts, with a strong presence in North America, Europe, and parts of Asia.VTRU Scope generates revenue from transaction fees on its platform services, including staking and trading. The revenue model involves B2C interactions where users engage with the platform to acquire tokens or utilize financial products. The revenue structure is designed to promote user participation while ensuring the sustainability of the network, with the VTRU token acting as a central element in these transactions.Looking ahead, Decent Function, Inc. intends to leverage the recent Seed funding of USD 4.3 mn to advance the development of decentralized applications on the Hyperverse. The company aims to launch new products that enhance its offerings and plans to expand its market presence in North America, Europe, and Asia by 2023, targeting increased user engagement and adoption of its blockchain solutions.

## Funding rounds

- Seed, Oct 19, 2021, $4.3M — Synapse Partners, Good News Ventures, Dapper Labs Inc., Kosmos Ventures, Borderless Capital, Animal Ventures, Berezka DeFi Fund

## Investors

- Synapse Partners (https://capitalatlas.ai/funds/synapse-partners) — Seed
- Good News Ventures (https://capitalatlas.ai/funds/good-news-ventures) — Seed
- Dapper Labs Inc. — Seed
- Kosmos Ventures (https://capitalatlas.ai/funds/kosmos-ventures) — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- Animal Ventures (https://capitalatlas.ai/funds/animal-ventures) — Seed
- Berezka DeFi Fund — Seed