# Solvo Technolgies UAB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solvo-technolgies-uab

- Industry: Financial Services
- Headquarters: Lithuania
- Website: www.solvo.finance
- Total disclosed funding: $3.5M
- Latest round: Seed (Sep 29, 2022)
- Investors on record: 3

## About

Based in Lithuania, and co-founded by Ayelen Denovitzer (CEO) and Shailendra Sason, Solvo Technologies UAB, is a financial service company that engages in cryptocurrency. In September 2022, the firm raised USD 3.5 million in seed funding led by investor Index Ventures, with participation from other investors CoinFund and FJ Labs. 

The company through its mobile application provides access to crypto investments and NFTs along with functions as a wallet that supports the buying, selling, deposit, and withdrawal of cryptocurrencies. The company through its products namely Vaults helps investors in long-term holding in coins including Solana and Cardano, and Bundles provides diversified investment to blue-chip projects, DeFi, and Metaverse & Gaming. Solvo also offers Solvo cards and allows payment in Europe and the UK.

## Funding rounds

- Seed, Sep 29, 2022, $3.5M — Index Ventures, FJ Labs, CoinFund Management

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed