# SendBlocks

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

- Industry: Software
- Headquarters: Givatayim, Israel
- Website: www.sendblocks.io/
- Total disclosed funding: $8.2M
- Latest round: Seed (Jul 2, 2024)
- Investors on record: 5

## About

Founded in 2022 and based in Givatayim, Israel, SendBlocks Ltd. operates as a blockchain data platform that enables blockchain organizations, ecosystems, protocols, and applications to present their data. Michael Kellner (CTO) and Itay Shrem (CEO) are the co-founders of the company. In July 2024, SendBlocks Ltd. raised USD 8.2 million in seed funding led by Castle Island Management, including Illuminate Financial Management, Laser Venture Capital, Pitango Venture Capital, and StarkWare Industries Ltd.

The company's core product allows for access to and enrichment of on-chain data through a few lines of code. This functionality spans a wide range of applications, from notifications and real-time balances to indexing tasks. SendBlocks' solutions cater to various stakeholders in the blockchain ecosystem, including security providers, app developers, and wallet providers. The firm’s approach addresses challenges in blockchain data management, such as the cumbersome process of accessing and responding to on-chain data. The company also integrates with Bancor, where it provides real-time data to users, enhancing engagement and retention through Telegram notifications.

The organization plans to use the July 2024 funding to expand its platform, enhance data access capabilities, and support the development of scalable blockchain applications for developers and enterprises.

## Funding rounds

- Seed, Jul 2, 2024, $8.2M — Pitango, Illuminate Financial, StarkWare Industries Ltd., Castle Island Ventures, Laser Venture Capital

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Seed
- Illuminate Financial (https://capitalatlas.ai/funds/illuminate-financial) — Seed
- StarkWare Industries Ltd. — Seed
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Seed
- Laser Venture Capital (https://capitalatlas.ai/funds/laser-venture-capital) — Seed