# Parsec Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parsec-finance

- Industry: Financial Services
- Headquarters: US
- Website: www.parsec.finance
- Total disclosed funding: $5.3M
- Latest round: Seed (Oct 11, 2023)
- Investors on record: 6

## About

Based in New Hampshire, US, and founded in 2020, Parsec Finance Inc. operates as a fintech company that offers a decentralized finance analytics platform that offers real-time data and insights to users to help in their investment decisions. In October 2023, Parsec Finance Inc. raised USD 4 million in seed funding led by Galaxy, with participation from Uniswap Labs Ventures, and CMT Digital. Returning investor Robot Ventures, and individual investors.

Parsec Finance offers various financial technology solutions that include application integration platforms used for DeFi, NFT, and contract data solutions like Parsec components, DeFi alerts, custom contract alerts, tokens and address lists, and many more.

The company's platform provides users with tools and resources including charting, portfolio management, risk assessment, and access to on-chain data.

The company generates revenue by charging USD 60 per month for NFT, USD 195 per month for PRO, USD 500 per month for Team.

The company plans to use the October 2023 funding to add more blockchains to its platform.

## Funding rounds

- Seed, Oct 11, 2023, $4M — Galaxy Asset Management, CMT Digital, Robot Ventures, Uniswap Labs Ventures
- Seed, Jan 28, 2021, $1.3M — Polychain Capital, Robot Ventures, Volt Capital

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Volt Capital (https://capitalatlas.ai/funds/volt-capital) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Seed
- Uniswap Labs Ventures (https://capitalatlas.ai/funds/uniswap-labs-ventures) — Seed
