# DwellFi

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

- Industry: Information Services
- Headquarters: Palo Alto, US
- Website: https://dwell.fi/
- Total disclosed funding: $3M
- Latest round: Seed (May 6, 2024)
- Investors on record: 5

## About

Founded in 2021 by founder Kumar Ujjwal and based in Palo Alto, the US, DwellFi, Inc. develops artificial intelligence (AI) and blockchain-powered solutions specifically for the private fund management industry to streamline workflows and improve efficiency for both fund administrators and investors. In May 2024, DwellFi, Inc. raised USD 3 million in seed funding, co-led by investors Hustle Fund, Blockchain Coinvestors, Fortified Ventures, and Stanford University.

DwellFi offers a software-as-a-service (SaaS) platform that utilizes a proprietary AI framework to automate tasks and provide insights in areas such as investor onboarding, fund administration processes, and potentially generating insights for general partners (GPs) and limited partners (LPs). The company leverages blockchain technology for dynamic fund tokenization, creating digital tokens representing both the fund itself and the underlying assets.

The company will use the May 2024 funding to expand its operations and market.

## Funding rounds

- Seed, May 6, 2024, $3M — Stanford University, Hustle Fund, Blockchain Coinvestors, E1 Ventures, Fortified Ventures

## Investors

- Stanford University — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Blockchain Coinvestors (https://capitalatlas.ai/funds/blockchain-coinvestors) — Seed
- E1 Ventures (https://capitalatlas.ai/funds/e1-ventures) — Seed
- Fortified Ventures — Seed