# Rocketplace

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

- Industry: Financial Services
- Headquarters: Palo Alto, US
- Website: www.rocketplace.com
- Total disclosed funding: $16M
- Latest round: Seed (Jun 24, 2022)
- Investors on record: 5

## About

Founded in 2021 by Benjamin Hutchinson, and Louis Beryl (CEO), and based in California, US, Rocketplace Inc. is an asset management platform that operates as a cryptocurrency exchange that allows people to buy and sell crypto. In August 2022, Rocketplace Inc. raised USD 9 million in Seed funding led by LaunchPad Capital, with participation from Menlo Ventures, Soma Capital Management, and TTV Capital. The company, as of August 2022, has offices in Palo Alto, California, and Vancouver, British Columbia.

The firm offers a platform that enables users to receive instant deposits and commission-free trading in cryptocurrency. The company offers 256-bit Encryption to keep the digital assets of consumers safe.

The company intends to use the August 2022 funding to support the launch of the fund distribution business.

## Funding rounds

- Seed, Jun 24, 2022, $16M — Menlo Ventures, TTV Capital, Accomplice, Soma Capital Management, Launchpad Capital

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Seed
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Launchpad Capital (https://capitalatlas.ai/funds/launchpad-capital) — Seed