# RedStone Distributed Data Association

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redstone-distributed-data-association

- Industry: Software
- Headquarters: Baar, Switzerland
- Website: www.redstone.finance
- Total disclosed funding: $22M
- Latest round: Series A (Jul 2, 2024)
- Investors on record: 37

## About

Based in Baar, Switzerland, RedStone operates as a developer of a cross-chain data oracle providing pricing data for financial protocols. The company was founded by its CEO Jakub Wojciechowski. In July 2021, RedStone received its latest funding from a group of investors that includes Maven 11 Capital, Arweave, and Collider Ventures.

The company's product is a cross-chain data oracle that provides pricing data for financial protocols in any public and private data API by leveraging the Arweave blockchain. The platform allows users to configure a proxy pointing to a smart contract and connect to a front-end using a web3 contract wrapper. It reads the data similar to using other oracles based on the on-chain storage.

The company will use the latest funding to expand the partnerships with data providers and protocols and realization of its long-term product roadmap.

## Funding rounds

- Series A, Jul 2, 2024, $15M — White Star Capital, Arrington Capital, Kenetic Capital, Samara Asset Group, Amber Group, Alphemy Capital, Fourth Revolution Capital, Gumi Cryptos Capital, IOSG Ventures, SevenX Ventures, Chorus One AG, Selini Capital, Cluster Capital, Spartan Group, Protagonist, Flowdesk, HTX Ventures, Relayer Capital Management, Triton Liquid, NonceVC Classic, Revolo Intel, Thanefield
- Seed, Aug 30, 2022, $7M — Four Seasons Ventures, Blockchain Capital, Distributed Global, Coinbase Ventures, Edge & Node Ventures, Inc., Lemniscap, Maven11 Capital, Minimum Spanning Technologies Limited, Bering Waters Ventures, SevenX Ventures, Folius Ventures, Lattice Capital Management, Compute Ventures, KR1, Numeus, Permanent Ventures

## Investors

- Four Seasons Ventures — Seed
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- Distributed Global — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Edge & Node Ventures, Inc. — Seed
- Lemniscap — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed
- Minimum Spanning Technologies Limited — Seed
- Bering Waters Ventures — Seed
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Seed, Series A
- Folius Ventures — Seed
- Lattice Capital Management (https://capitalatlas.ai/funds/lattice-capital-management) — Seed
- Compute Ventures (https://capitalatlas.ai/funds/compute-ventures) — Seed
- KR1 — Seed
- Numeus — Seed
- Permanent Ventures (https://capitalatlas.ai/funds/permanent-ventures) — Seed
- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Series A
- Arrington Capital — Series A
- Kenetic Capital (https://capitalatlas.ai/funds/kenetic-capital) — Series A
- Samara Asset Group — Series A
- Amber Group — Series A
- Alphemy Capital — Series A
- Fourth Revolution Capital (https://capitalatlas.ai/funds/fourth-revolution-capital) — Series A
- Gumi Cryptos Capital (https://capitalatlas.ai/funds/gumi-cryptos-capital) — Series A
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Series A
- Chorus One AG — Series A
- Selini Capital (https://capitalatlas.ai/funds/selini-capital) — Series A
- Cluster Capital (https://capitalatlas.ai/funds/cluster-capital) — Series A
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Series A
- Protagonist (https://capitalatlas.ai/funds/protagonist) — Series A
- Flowdesk — Series A
- HTX Ventures (https://capitalatlas.ai/funds/htx-ventures) — Series A
- Relayer Capital Management (https://capitalatlas.ai/funds/relayer-capital-management) — Series A
- Triton Liquid — Series A
- NonceVC Classic — Series A
- Revolo Intel — Series A
- Thanefield — Series A