# Hashdex Asset Management

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hashdex-asset-management

- Industry: Financial Services
- Headquarters: Menlo Park, US
- Website: www.hashdex.com
- Total disclosed funding: $26M
- Latest round: Series A (May 12, 2021)
- Investors on record: 13

## About

Based in California, US, Hashdex Asset Management Ltd. was founded in 2018 by co-founders Marcelo Sampaio, Thiago Costa, and Bruno Caratori. The company fintech company specializes in asset management. In April 2018, the company raised its first seed funding. In July 2019, Hashdex began circulating its funds in Brazil. In May 2021, the company raised series A funding. Hashdex has six investment funds as of 2021, each with varying degrees of exposure to the Nasdaq Crypto Index (NCI), a Nasdaq-managed index that represents the cryptocurrency sector.

Hashdex Asset Management website gives its customers easy access to investment opportunities with low management costs and regular subscriptions and redemptions, allowing them to gain exposure to blockchain assets while remaining compliant.

The company generates its revenue by providing conventional financial markets with a way to invest in cryptocurrencies including Bitcoin, Ether, and Ripple through controlled investment vehicles or investment funds.

The existing 25-person manager's team is planned to grow to nearly 100 people in order to help with ambitions to expand the brand in Brazil and pave the way for international expansion in 2021.

## Funding rounds

- Series A, May 12, 2021, $26M — Fuse Capital, Softbank Capital, Valor Capital Group, Endeavor Catalyst, Igah Ventures, Canary, Coinbase Ventures, Norte Ventures, Alexia Ventures, Globo Ventures
- Seed, Apr 24, 2018 — Social Capital, Graph Ventures, Canary, Outlier Ventures

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- Canary (https://capitalatlas.ai/funds/canary) — Seed, Series A
- Outlier Ventures — Seed
- Fuse Capital — Series A
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series A
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A
- Igah Ventures (https://capitalatlas.ai/funds/igah-ventures) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Norte Ventures (https://capitalatlas.ai/funds/norte-ventures) — Series A
- Alexia Ventures (https://capitalatlas.ai/funds/alexia-ventures) — Series A
- Globo Ventures (https://capitalatlas.ai/funds/globo-ventures) — Series A