# Skip Protocol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skip-protocol

- Industry: Software
- Headquarters: New York, US
- Website: www.skip.money
- Total disclosed funding: $4.5M
- Latest round: Seed (Jul 29, 2022)
- Investors on record: 12

## About

Based in New York, US, and founded in 2022, Skip Protocol engages in building an eco-system aligned with MEV(Miner Extractable Value) products. Barry Plunkett and Maghnus Mareneck are the co-founders and co-CEOs of the company. In September 2022, Skip Protocol raised USD 6.5 million in Seed funding from Bain Capital Ventures, including Galaxy Digital, IEX Group, Inc., Canonical Crypto, Informal Systems, Figment VC, Faction VC, NFX, SV Angel, Jump Crypto, and Robot Ventures.

The company offers a platform through which users and traders can pay for transaction prioritizing and privacy in a sealed-bid auction in exchange for access to MEV opportunities and earnings. Skip is developing an infrastructure that enables blockchains to achieve long-term financial sustainability by harnessing Miner Extractable Value (MEV). The firm's products assist stakers, validators, and protocols in accessing MEV earnings; improving chain user experiences; and enabling traders to execute profitable strategies.

The organization plans to use the September 2022 funding to support the development of its platform.

## Funding rounds

- Seed, Jul 29, 2022, $4.5M — Bain Capital, SV Angel, IEX Group, Inc., NFX, Galaxy Asset Management, Robot Ventures, Jump Crypto, Informal Systems, Figment Capital, Canonical Crypto, Faction, Galileo

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- IEX Group, Inc. — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Jump Crypto — Seed
- Informal Systems — Seed
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Seed
- Canonical Crypto (https://capitalatlas.ai/funds/canonical-crypto) — Seed
- Faction (https://capitalatlas.ai/funds/faction) — Seed
- Galileo (https://capitalatlas.ai/funds/galileo) — Seed