Defined
Latest round
- Seed
Last raised
- May 2021
Total raised
- $2.5M
Investors
- 7
About Defined
Founded in 2021 in Vancouver, Canada, Defined operates as an independent entity without any known subsidiaries. The company specializes in providing an innovative trading platform for cryptocurrency users. Its founders, Braden Simpson, Derek Binnersley, Mike Rowe, and Nathan Lambert, have backgrounds in technology and finance.fi specializes in on-chain trading solutions, aimed at enhancing the trading experience within the cryptocurrency market. Their core offerings include a platform that allows users to trade across multiple blockchain networks while accumulating experience points (XP) and leveling up, thereby unlocking revenue-sharing opportunities. The platform is designed to meet the needs of both individual traders and institutional clients, facilitating a seamless trading process through an intuitive interface that provides real-time data on price fluctuations, market cap, and transaction volumes.fi generates revenue through transaction fees incurred during trades executed on its platform, as well as through partnerships with liquidity providers. Revenue is derived from a structured fee model, where users engage in trading activities, leading to fees based on the volume of transactions. The company is also targeting expansion into additional markets in Asia and Europe by late 2023.
Who invested in Defined
7 investors across 1 round
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Funding rounds
Seed
May 28, 2021
Amount
$2.5M
Investors
Questions about Defined
Who invested in Defined?
Defined has 7 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 Defined raised?
Defined has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Defined last raise money?
Defined's most recent round on record is a Seed, in May 2021.
What does Defined do?
Founded in 2021 in Vancouver, Canada, Defined operates as an independent entity without any known subsidiaries.
Where is Defined headquartered?
Defined is headquartered in Vancouver, Canada.
Which VCs invest in companies like Defined?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Defined's stage. Their profiles are linked below.
VCs backing software startups at Seed
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