# SHA2 Solutions OÜ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sha2-solutions-ou

- Industry: Financial Services
- Headquarters: Tallinn, Estonia
- Website: www.wert.io
- Total disclosed funding: $5M
- Latest round: Seed (Mar 26, 2022)
- Investors on record: 7

## About

Founded in 2020 and based in Estonia, SHA2 Solutions OÜ, dba Wert provides a built-in module that enables fiat-to-crypto conversion within partners' websites and apps. In March 2022, SHA2 Solutions OU raised USD 5 million in Seed funding from Tagus Capital LLP including Digital Horizon, Element Ventures, Jdac, Tezos Foundation, and VR Ventures. As of 2022, George Basiladze is the CEO of the company.

The company uses embedded finance technology in order to simplify purchasing of NFTs and other DeFi products. The payment module of the firm facilitates user acquisition by bringing projects under regulatory, compliance, payments, and blockchain interoperability.

The organization plans to use the March 2022 funds to expand geographic coverage and to continue building innovative financial infrastructure solutions for Web3 startups.

## Funding rounds

- Seed, Mar 26, 2022, $5M — Redstone, 13books Capital, Launchbay Capital, Tezos Foundation, VR Ventures, Tagus Capital, Jdac

## Investors

- Redstone (https://capitalatlas.ai/funds/redstone) — Seed
- 13books Capital (https://capitalatlas.ai/funds/13books-capital) — Seed
- Launchbay Capital (https://capitalatlas.ai/funds/launchbay-capital) — Seed
- Tezos Foundation — Seed
- VR Ventures (https://capitalatlas.ai/funds/vr-ventures) — Seed
- Tagus Capital (https://capitalatlas.ai/funds/tagus-capital) — Seed
- Jdac — Seed