# Rails

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

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.rails.xyz
- Total disclosed funding: $6.2M
- Latest round: Seed (Mar 21, 2024)
- Investors on record: 4

## About

Based in Florida, US, and founded in 2023 by Chief Executive Officer Satraj Bambra, Chief Technology Officer Megha Bambra, Chief Operating Officer Brent Vegliacich, and co-founder Rick Marini, Rails Limited operates as a fintech company that developed a crypto-exchange platform for users to reduce the risk of fraud and manage their funds directly. In March 2024, Rails Limited raised USD 6.2 million in seed funding led by Slow Ventures, with participation from CMCC Global, Round13 Capital, and Quantstamp. Rails Limited developed a self-custodial crypto perpetuals exchange, which is a solution for trading crypto derivatives with the security of users' funds through audited smart contracts. The company’s platform is designed for high-frequency crypto traders with features such as perpetual contracts, sophisticated risk management tools, and a user-friendly interface.  The firm plans to use the funding from March 2024 to launch an offshore service in select crypto-friendly countries, not including the U.S.

## Funding rounds

- Seed, Mar 21, 2024, $6.2M — Slow, Round13 Capital, CMCC Global, Quantstamp, Inc.

## Investors

- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Round13 Capital (https://capitalatlas.ai/funds/round13-capital) — Seed
- CMCC Global (https://capitalatlas.ai/funds/cmcc-global) — Seed
- Quantstamp, Inc. — Seed