# Hedgehog Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hedgehog-technologies

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.hedgehog.app
- Total disclosed funding: $1.6M
- Latest round: Seed (Aug 24, 2021)
- Investors on record: 3

## About

Hedgehog Technologies Inc specializes in investment advisory services for the cryptocurrency market, functioning as a Web3 robo-advisor to manage diversified portfolios for individual investors effectively.Founded in 2017 and headquartered in Los Angeles, US, Hedgehog Technologies Inc provides automated investment management focused on cryptocurrency. In August 2021, the company raised USD 1.6 mn in a Seed funding round, led by Dragonfly Capital, with participation from Baroda Ventures and Y Combinator. The founder, with a background in financial technology, has prior entrepreneurial experience in related fields.Hedgehog provides a comprehensive suite of investment advisory services tailored specifically for the cryptocurrency market. At its core, Hedgehog operates as a Web3 robo-advisor, utilizing advanced algorithms to create and manage diversified cryptocurrency portfolios for investors, ensuring automatic rebalancing based on key metrics such as market capitalization and number of active users. The company offers six distinct "Stacks," which are curated baskets of related cryptocurrencies aimed at addressing specific investment sectors within the digital asset landscape, including the Satoshi Stack focused on Bitcoin and the Total Crypto Stack, which encompasses over 85% of the crypto market cap. Hedgehog primarily serves individual investors within the United States, leveraging its registered investment adviser status to provide personalized financial advice while maintaining a fiduciary duty to prioritize client interests. Its services are designed for users looking to enter the cryptocurrency space with minimal hassle, focusing on both security and ease of use through individual custody accounts managed by its partner, Gemini Trust Company.Hedgehog's revenue model is structured around providing digital asset management services directly to consumers, offering a streamlined investing experience for its clients. The firm generates revenue through asset management fees associated with the portfolios it manages, which are structured as a percentage of assets under management or via subscription plans for access to premium features and investment strategies. The firm emphasizes its commitment to client interests by ensuring that all assets deposited or managed belong to the clients. Transactions typically involve clients signing up for an account, selecting a portfolio strategy, and allowing Hedgehog to manage their investments automatically. The firm's partnerships with recognized investors and its technological infrastructure support its operations in the competitive landscape of cryptocurrency investment advisory.In August 2021, Hedgehog Technologies Inc raised USD 1.6 mn in Seed funding, which will be utilized to develop their crypto robo-advisor platform further. The company aims to enhance its existing services and introduce new product offerings tailored to evolving market demands. Additionally, plans to expand into new markets are in place, although specific regions and timelines have not been disclosed. Recent funding will support these initiatives as Hedgehog continues to adapt to the rapidly changing landscape of cryptocurrency investment.

## Funding rounds

- Seed, Aug 24, 2021, $1.6M — Baroda Ventures, Y Combinator, Dragonfly Digital Management

## Investors

- Baroda Ventures (https://capitalatlas.ai/funds/baroda-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed