# SphereOne

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

- Industry: Financial Services
- Headquarters: Austin, US
- Website: https://sphereone.xyz
- Total disclosed funding: $2.5M
- Latest round: Seed (Jan 19, 2023)
- Investors on record: 3

## About

Founded in 2021 by Christopher Ries, COO, and Ryan McNutt, CEO, and based in Texas, US, Sphere Global Inc. trading name under SphereOne operates as a financial service that allows its user to trade in the web3 platform. In January 2023, SphereOne raised USD 2.5 million in seed funding led by new investor Distributed Global Ventures, with participation from other new investors Newark Venture Partners and Zero Knowledge Validation Limited.

The company provides mobile applications for Android and iOS that allow users to use cryptocurrency to make purchases across multiple blockchains. The company integrates with on-ramp providers and supports Solana, Ethereum, and Polygon, allowing users to pay at any POS (point of sale) system as well as web2 and web3 businesses and merchants that accept Solana Pay.

## Funding rounds

- Seed, Jan 19, 2023, $2.5M — NVP Capital, Distributed Global Ventures, Zero Knowledge Validation Limited

## Investors

- NVP Capital — Seed
- Distributed Global Ventures (https://capitalatlas.ai/funds/distributed-global-ventures) — Seed
- Zero Knowledge Validation Limited — Seed