# Vera Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vera-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.vera.financial
- Total disclosed funding: $3M
- Latest round: Seed (Aug 21, 2021)
- Investors on record: 10

## About

Based in California, US, and founded in 2021, Vera Labs Inc is a financial technology company that operates as a DeFi protocol. Their platform enables various financial services for non-fungible tokens (NFTs) on any blockchain, including rentals, and lending. The company was co-founded by Denis Lam (CEO) and Michael Arbach (CTO). In August 2021, Vera Labs raised USD 3 million in seed funding co-led by investors Animoca Brands Corporation Limited and Infinity Ventures Crypto, with participation from other investors GBV Capital, Krypital Group, Mozaik Capital, OKEx Blockdream Ventures, Sandbar Investments, Sentor Investments, Shima Capital, and SL2 Capital. 

The company's platform leverages blockchain technology for borrowing, lending, and decentralized finance (DeFi) solutions in the cryptocurrency space. It caters to non-fungible token (NFT) marketplaces, games, and applications, allowing users to access tokenized assets and generate new revenue streams. The platform supports non-custodial NFT rentals, and a buy now pay later feature across multiple blockchain networks such as Ethereum, Polygon, Binance Smart Chain, and Solana.

## Funding rounds

- Seed, Aug 21, 2021, $3M — Animoca Brands Corporation Limited, Sandbar Investments, Krypital Group, OKEx Blockdream Ventures, Shima Capital, GBV Capital, SL2 Capital, Infinity Ventures Crypto, Mozaik Capital, Sentor Investments

## Investors

- Animoca Brands Corporation Limited — Seed
- Sandbar Investments (https://capitalatlas.ai/funds/sandbar-investments) — Seed
- Krypital Group (https://capitalatlas.ai/funds/krypital-group) — Seed
- OKEx Blockdream Ventures — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- GBV Capital (https://capitalatlas.ai/funds/gbv-capital) — Seed
- SL2 Capital (https://capitalatlas.ai/funds/sl2-capital) — Seed
- Infinity Ventures Crypto (https://capitalatlas.ai/funds/infinity-ventures-crypto) — Seed
- Mozaik Capital — Seed
- Sentor Investments — Seed