# Dfns.co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dfns-co

- Industry: IT Security/Cybersecurity
- Headquarters: Paris, France
- Website: www.dfns.co
- Total disclosed funding: $18M
- Latest round: Series C (Dec 12, 2024)
- Investors on record: 17

## About

Based in Paris, France, and founded in 2020, Dfns.co, Inc., is a cyber security company that provides custodial wallets to secure the cloud for crypto and web3 apps. In April 2022, Dnfs.co, Inc raised Eur 12.5 million in seed funding led by a new investor White Star Capital, with participation from other new investors Hashed, Susquehanna, Semantic Ventures, Coinbase, ABN AMRO Ventures, and Bpifrance. As of April 2022, Clarisse Hagège is leading the firm as its CEO. The firm serves primarily in fintech, banks, and e-commerce platforms.

The firm develops keyless wallets across all Decentralized Finance applications by computation and threshold signature, and decentralizing the wallet generation process to reduce the risk of theft or misuse. The firm also ensures full key share segregation by combining MPC with ZKP and TSS to enable built-in recovery abilities. Additionally, the firm generates wallets at scale and allows transaction signing to execute high-speed signatures at a low cost.

The company offers four different plans based on wallet size: essential for EUR 500, premium for EUR 2000, platform for EUR 10,000, and Wagmi quoted on request.

The company aims to develop self-service API targeting developer usage across any number of fields including video games, neobanks, music apps, trading, and lending platforms.

## Funding rounds

- Series C, Dec 12, 2024, $6.8M — Techstars, White Star Capital, Bpifrance Investissement, Motive Partners, Semantic Ventures, Hashed Ventures, Motier Ventures, Further Ventures, Wintermute Ventures
- Series B, Oct 20, 2023, $4.5M — Techstars, White Star Capital, Bpifrance Investissement, Hashed Ventures, ABN AMRO Ventures, Susquehanna Private Capital, Motier Ventures
- Seed, Mar 10, 2022, $6.6M — Bpifrance, Susquehanna Growth Equity, Techstars, White Star Capital, Semantic Ventures, Coinbase Ventures, Hashed Ventures, ABN AMRO Ventures, STATION F, Red Beard Ventures, 6th Man Ventures

## Investors

- Bpifrance — Seed
- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed, Series B, Series C
- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Seed, Series B, Series C
- Semantic Ventures (https://capitalatlas.ai/funds/semantic-ventures) — Seed, Series C
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed, Series B, Series C
- ABN AMRO Ventures (https://capitalatlas.ai/funds/abn-amro-ventures) — Seed, Series B
- STATION F — Seed
- Red Beard Ventures (https://capitalatlas.ai/funds/red-beard-ventures) — Seed
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Seed
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B, Series C
- Susquehanna Private Capital — Series B
- Motier Ventures — Series B, Series C
- Motive Partners (https://capitalatlas.ai/funds/motive-partners) — Series C
- Further Ventures (https://capitalatlas.ai/funds/further-ventures) — Series C
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Series C