# Souq G-Commerce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/souq-g-commerce

- Industry: Software
- Headquarters: New York, US
- Website: www.souq.gg
- Total disclosed funding: $3.3M
- Latest round: Seed (Jan 14, 2022)
- Investors on record: 8

## About

Based in New York, US, and founded in 2021 by its CEO JonPaul Vega, and co-founder Ken Berkowitz, Souq G-Commerce, Inc. operates as a financial technology company that helps individuals to earn staking rewards on their digital assets while maintaining their liquidity. In January 2022, Souq G-Commerce, Inc. raised USD 3.3 million in pre-seed funding co-led by Infinity Ventures Crypto and Kickstart Capital, with participation from BBQ Capital, Evernew Capital, Moon Holdings Fund, Operate, Perpetual Value Partners, and Sterling. VC. 

Souq G-Commerce, Inc. provides liquid staking vaults, which allow investors to stake bitcoin assets and earn incentives while also providing liquidity to the market. The vault also enables users to actively participate in blockchain networks. In addition to Vaults, it provides Pools, which allow users to engage in decentralized finance (DeFi) protocols. Pools enable users to contribute their assets to a common liquidity pool, which can subsequently be utilized for a variety of purposes such as lending, borrowing, or providing trading liquidity.

## Funding rounds

- Seed, Jan 14, 2022, $3.3M — Kickstart, Perpetual Value Partners, Sterling.VC, Evernew Capital, Operate, Infinity Ventures Crypto, BBQ Capital, Moon Holdings Fund

## Investors

- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed
- Perpetual Value Partners — Seed
- Sterling.VC (https://capitalatlas.ai/funds/sterling-vc) — Seed
- Evernew Capital (https://capitalatlas.ai/funds/evernew-capital) — Seed
- Operate (https://capitalatlas.ai/funds/operate) — Seed
- Infinity Ventures Crypto (https://capitalatlas.ai/funds/infinity-ventures-crypto) — Seed
- BBQ Capital (https://capitalatlas.ai/funds/bbq-capital) — Seed
- Moon Holdings Fund — Seed