# Veda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/veda-3

- Industry: Software
- Headquarters: US
- Website: www.veda.tech
- Total disclosed funding: $15M
- Latest round: Series A (May 12, 2025)
- Investors on record: 10

## About

Veda, based in the United States, specializes in decentralized finance (DeFi), providing a vault infrastructure platform that enables institutions to launch and manage on-chain financial products effectively.Founded in 2024, Veda Tech Caymans operates in the DeFi sector, focusing on vault infrastructure for institutional clients. The firm has secured a total of USD 18 mn in funding following its most recent deal on June 23, 2025, led by Coinbase Ventures with participation from investors such as Animoca Ventures and BitGo, Inc. The company does not have any known parent companies or subsidiaries.Veda is a prominent player in the decentralized finance (DeFi) sector, primarily offering a comprehensive vault infrastructure platform that facilitates the launch and management of on-chain financial products for institutions. Their flagship product, the BoringVault, is recognized as the most widely utilized vault standard in DeFi, currently securing over USD 3.5 bn in total value locked (TVL). Veda's offerings include configurable compliance controls that allow institutions to tailor address whitelists, deposit permissions, and curator roles to meet specific jurisdictional requirements. The platform also boasts a single integration point for accessing multiple chains, assets, and protocols, thus enabling institutions to enhance existing products with new features seamlessly. Veda serves a diverse clientele, including asset managers, custodians, and fintech companies, operating across various geographic markets such as North America, Europe, and Asia.While specific revenue figures for Veda are not disclosed, the company generates income through its suite of DeFi products and services, tailored to institutional clients. Revenue streams stem from partnerships, where institutions utilize Veda's infrastructure to offer yield-generating financial products. Clients may engage with Veda to integrate the BoringVault into their financial applications, facilitating transactions that involve deposits and yield generation for their end users. Additionally, Veda's support services, including dedicated engineering and operational assistance, may be structured as part of a subscription model for enterprise clients. The firm’s emphasis on enterprise-grade security and compliance controls further positions it to support institutions in managing risk and regulatory obligations, enhancing its appeal and potential revenue generation from a growing market of on-chain financial services.In June 2025, Veda raised USD 18 mn in venture funding, which will be utilized to expand its vault infrastructure and support the development of cross-chain yield products, including stablecoins, addressing the rising demand for on-chain financial tools. The company is targeting expansion into additional geographic regions, with a focus on diversifying its market presence in Europe and Asia. These initiatives aim to enhance its product offerings and cater to a broader range of institutional clients.

## Funding rounds

- Series A, May 12, 2025, $15M — Peer Venture Partners, BitGo, Inc., Coinbase Ventures, GSR Capital, CoinFund Management, Maelstrom, Draper Dragon, Mantle Ecosystem Fund, Animoca Ventures, Relayer Capital Management

## Investors

- Peer Venture Partners (https://capitalatlas.ai/funds/peer-venture-partners) — Series A
- BitGo, Inc. — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- GSR Capital (https://capitalatlas.ai/funds/gsr-capital) — Series A
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Series A
- Maelstrom (https://capitalatlas.ai/funds/maelstrom) — Series A
- Draper Dragon (https://capitalatlas.ai/funds/draper-dragon) — Series A
- Mantle Ecosystem Fund (https://capitalatlas.ai/funds/mantle-ecosystem-fund) — Series A
- Animoca Ventures (https://capitalatlas.ai/funds/animoca-ventures) — Series A
- Relayer Capital Management (https://capitalatlas.ai/funds/relayer-capital-management) — Series A