# PumpBTC

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

- Industry: IT Infrastructure
- Total disclosed funding: $10M
- Latest round: Seed (Oct 29, 2024)
- Investors on record: 10

## About

PumpBTC provides a liquid staking solution for Bitcoin, enabling users to earn yields on their assets while maintaining liquidity. The platform enhances transactional efficiency and security within the blockchain ecosystem.PumpBTC is focused on offering innovative staking solutions for Bitcoin, allowing users to participate in yield generation while retaining access to their assets. The company was recently funded with a Seed round of USD 10.000 mn on October 29, 2024, co-led by SevenX Ventures and Mirana Ventures, alongside participation from multiple investors including UTXO Management and Arcane Group. The firm does not have known subsidiaries or a parent company, and specific details about its founders or previous ventures are not disclosed.The company primarily offers advanced blockchain solutions designed to enhance transaction efficiency and security across various industries. These solutions include decentralized applications (dApps) and smart contracts, which aim to streamline processes such as supply chain management, finance, and digital identity verification. Their products address real-world challenges, such as reducing fraud and improving transparency in transactions. Since their inception, these offerings have been deployed in sectors ranging from logistics to finance, targeting businesses that require robust and scalable blockchain solutions. The company serves a diverse clientele, including enterprises and government entities, primarily in North America, Europe, and parts of Asia, where there is an increasing demand for blockchain technology to optimize operational workflows.The company's revenue model is primarily based on B2B transactions, where partnerships with enterprises and institutions drive sales of their blockchain solutions. Clients typically engage in annual subscription agreements that provide access to the company’s suite of products, including ongoing support and updates. Revenue is generated through these subscription plans, which may vary based on the scale and complexity of the services utilized, with larger clients potentially opting for customized packages. Additionally, the company may engage in transactional fees for certain services, facilitating microtransactions or processing fees associated with smart contracts. This structured approach ensures a steady revenue stream while fostering long-term relationships with clients across multiple industries.Following the recent Seed funding of USD 10.000 mn, PumpBTC plans to develop its Bitcoin yield vaults and enhance platform features to better serve its users. The company aims to expand its team to support these initiatives and is targeting new market entry into regions in Asia and Europe by the end of 2025. The funding will be allocated to these developmental efforts, ensuring that the company remains competitive in the rapidly evolving blockchain landscape.

## Funding rounds

- Seed, Oct 29, 2024, $10M — 10K Ventures, SevenX Ventures, Mirana Ventures, Arcane Group, CoinSummer, Istari Ventures, UTXO Management, Mantle Ecosystem Fund, Seven Seas Capital, Sharding Capital

## Investors

- 10K Ventures (https://capitalatlas.ai/funds/10k-ventures) — Seed
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Seed
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Seed
- Arcane Group (https://capitalatlas.ai/funds/arcane-group) — Seed
- CoinSummer — Seed
- Istari Ventures (https://capitalatlas.ai/funds/istari-ventures) — Seed
- UTXO Management — Seed
- Mantle Ecosystem Fund (https://capitalatlas.ai/funds/mantle-ecosystem-fund) — Seed
- Seven Seas Capital — Seed
- Sharding Capital (https://capitalatlas.ai/funds/sharding-capital) — Seed