# Nume Crypto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nume-crypto

- Industry: Financial Services
- Headquarters: FLORENCE, US
- Website: www.numecrypto.com
- Total disclosed funding: $2M
- Latest round: Seed (May 11, 2022)
- Investors on record: 3

## About

Based in New Jersey, US, and founded in 2021 by co-founders Madhumitha Harishankar and Niveda Harishankar, Nume Crypto Inc. offers the web3 payment protocol designed to facilitate seamless, gas-free, scalable, and secure transactions for businesses and individuals operating within the decentralized digital economy. In May 2022, Nume Crypto Inc. raised USD 1.96 million in seed funding led by investor Sequoia Capital, with participation from other investors BEENEXT and Whiteboard Capital Advisors.

The company's gas-free, scalable, and secure web3 payments protocol operates as an L3 on zkEVM, combining the benefits of zero-knowledge proofs with Ethereum compatibility. The approach allows hyperscaling, instantaneous payment confirmation, fast liquidity access, and the acceptance of micropayments. Nume Crypto Inc. also offers utility features, including NFT minting, token-gated commerce, subscription payment support, privacy-preserving transactions, and more. The protocol's non-custodial nature ensures security, while its decentralized governance by validators enhances transparency and reliability. The firm offers both insights through its analytics dashboard and interaction through its block explorer.

The company plans to use the May 2022 funding to further scale crypto payment solutions for its consumers.

## Funding rounds

- Seed, May 11, 2022, $2M — Hong Shan, BEENEXT, Whiteboard Capital

## Investors

- Hong Shan — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Seed