# Diamond Standard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diamond-standard

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.diamondstandard.co
- Total disclosed funding: $30M
- Latest round: Series A (Sep 14, 2022)
- Investors on record: 4

## About

Founded in 2018 by Cormac Kinney (CEO), and based in New York, US, Diamond Standard LLC is a Digital Assets Busines that offers regulator-approved diamond commodities. In September 2022, Diamond Standard raised USD 30 million in Series A funding co-led by Horizon Kinetics and Left Lane Capital, with participation from Gaingels Syndicate and OpenDeal Inc.

Diamond Standard is a developer of regulator-approved diamond commodities that provide investors with access to a natural resource that can be traded as a blockchain token. The firm bids on millions of diamonds and purchases similar statistical samples with the same geological scarcity of carat weight, color, and clarity as a real diamond, offering investors portfolio diversification.

The company intends to use the September 2022 funds to increase capacity and expand its offerings.

## Funding rounds

- Series A, Sep 14, 2022, $30M — Horizon Kinetics, Gaingels, Republic, Left Lane Capital

## Investors

- Horizon Kinetics — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Republic — Series A
- Left Lane Capital (https://capitalatlas.ai/funds/left-lane-capital) — Series A