# Nested

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

- Industry: Software
- Headquarters: Geneva, Switzerland
- Website: www.nested.fi
- Total disclosed funding: $7.5M
- Latest round: Series A (Mar 1, 2022)
- Investors on record: 4

## About

Based in Geneva, Switzerland, and founded in 2021 by Rudy Kadoch, Nested operates as a decentralized finance social trading platform that enables users to build portfolios of tokens, track their performance, add, sell and swap tokens, and sell the underlying value of said portfolios. In March 2022, Nested raised USD 7.5 million in series A financing co-led by an individual investor and new investor Republic, with participation from other new investors 3rd Prime Capital, CMT Digital, and Kenetic Capital.

Nested offers a trading platform that enables users to tokenize digital asset portfolios through Nested smart contracts to buy the underlying assets on their behalf. The protocol then generates an NFT that represents all the users' holdings. It also allows users to edit their portfolio by purchasing new tokens, removing some, or increasing or reducing the amounts of specific underlying assets, track the performance of their portfolio and take a 360° view of all their holdings, sell a portfolio and redeem its intrinsic value. In addition, it enables users to receive royalties every time someone copies their portfolio. 

The company generates revenue by charging a 1% fee on each portfolio transaction.

Nested plans to use the series A funding from March 2022 for the Financial NFTs Project.

## Funding rounds

- Series A, Mar 1, 2022, $7.5M — Third Prime Capital, Kenetic Capital, CMT Digital, Republic Capital

## Investors

- Third Prime Capital (https://capitalatlas.ai/funds/third-prime-capital) — Series A
- Kenetic Capital (https://capitalatlas.ai/funds/kenetic-capital) — Series A
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series A
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Series A