# TokenSets

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.tokensets.com
- Total disclosed funding: $16M
- Latest round: Series A (May 31, 2021)
- Investors on record: 9

## About

TokenSets is a US-based digital asset management platform that specializes in automated portfolio management tools for the cryptocurrency sector, aiming to enhance user investment strategies through advanced DeFi protocols.TokenSets was founded in 2017 and is headquartered in San Francisco, US. The company develops automated portfolio management solutions tailored to cryptocurrency markets. Felix Feng serves as both the CEO and Founder. In May 2021, TokenSets raised USD 14.00 mn in a Series A funding round, co-led by Hashed Ventures and 1kx, with additional participation from Coinbase Ventures, Craft Ventures, Spartan, ParaFi Capital, and Threshold Ventures. This funding round represents the total amount raised by the company across its funding history, which includes three deals.TokenSets.com specializes in a comprehensive suite of digital asset management tools tailored for cryptocurrency and blockchain markets. Its core offerings include automated portfolio management solutions that utilize smart contracts and decentralized finance (DeFi) protocols, allowing users to create and manage diversified cryptocurrency portfolios with minimal manual intervention. The platform targets a diverse client base, including individual investors, institutional traders, and crypto enthusiasts primarily in North America and Europe, emphasizing user-friendly interfaces and advanced technical analytics to enhance the investment experience.TokenSets.com operates a revenue model based on transaction fees and subscription services for both retail and institutional clients. Users typically subscribe to premium features that enhance their trading capabilities while incurring fees for transactions executed through the automated management services. The platform’s flagship offerings include algorithm-driven investment strategies priced according to their complexity and features, ensuring a steady income flow and encouraging user engagement through enhanced functionalities.In May 2021, TokenSets raised USD 14.00 mn in Series A funding to support its expansion efforts. The company plans to broaden its service offerings and support additional blockchain networks beyond Ethereum. This funding will enable TokenSets to enhance its platform capabilities and target new geographic markets, although specific regions have not been disclosed. Upcoming products and features are being designed, although specific release dates have not been announced.

## Funding rounds

- Series A, May 31, 2021, $14M — Craft Ventures, Coinbase Ventures, 1kx Ventures, Hashed Ventures, Threshold Ventures, Spartan, ParaFi Capital
- Seed, Jul 9, 2020 — Hashed Ventures
- Seed, Mar 12, 2018, $2.2M — Vy Capital, DFJ Growth, Craft Ventures

## Investors

- Vy Capital (https://capitalatlas.ai/funds/vy-capital) — Seed
- DFJ Growth (https://capitalatlas.ai/funds/dfj-growth) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Seed, Series A
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed, Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- 1kx Ventures (https://capitalatlas.ai/funds/1kx-ventures) — Series A
- Threshold Ventures (https://capitalatlas.ai/funds/threshold-ventures) — Series A
- Spartan — Series A
- ParaFi Capital (https://capitalatlas.ai/funds/parafi-capital) — Series A