# Zebec Protocol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zebec-protocol

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.zebec.io
- Total disclosed funding: $21M
- Latest round: Series A (Feb 18, 2022)
- Investors on record: 27

## About

Zebec Protocol is a blockchain-based financial platform that specializes in real-time payments, payroll solutions, and cross-border remittances, enhancing transactional efficiency for users.Zebec Protocol focuses on providing innovative financial services leveraging blockchain technology. Founded in San Francisco, US, the company has successfully raised a total of USD 8.5 mn in funding during its latest round in August 2022, featuring investors such as Circle Ventures, Resolute Ventures, and Shima Capital. The founder's previous company history is not publicly detailed.Zebec Network offers a diverse range of products and services aimed at facilitating real-time financial transactions within the blockchain ecosystem. Key offerings include RWA Payments for real-time payroll and cross-border remittances, Zebec Silver for instant cryptocurrency spending, and Zebec Black for limitless financial management. Additionally, the DePin Network enhances the user experience through interoperable blockchain infrastructure, catering to both individual users and businesses seeking efficient payroll and remittance solutions.Zebec Network generates revenue through various financial services designed for different client segments. Its business-to-business (B2B) model enables companies to utilize Zebec's payroll and remittance solutions for managing employee compensation and cross-border payments. The flagship products, including RWA Payments and Zebec Silver, drive revenue through subscription models and direct service fees, allowing the company to meet diverse user needs across multiple markets.With the recent funding of USD 8.5 mn raised in August 2022, Zebec Protocol plans to expand its product offerings, particularly focusing on developing new features for RWA Payments and Zebec Silver. The company aims to enter new markets in North America and Europe by the end of 2023, leveraging its funding to support these initiatives and enhance its blockchain infrastructure for improved user experiences.

## Funding rounds

- Series A, Feb 18, 2022, $15M — Lightspeed Venture Partners, GoldenTree Asset Management, Greenoaks Capital, DST Global, 500 Global, BECO Capital, Global Founders Capital, Road Ventures SA, Coinbase Ventures, Distributed Global Ventures, Alameda Research Ventures, Circle Ventures, Solana Ventures, OKX Blockdream Ventures
- Seed, Nov 10, 2021, $6M — Resolute Ventures, Liberty City Ventures, Breyer Capital, Hack VC, Backend Capital, Republic Capital, Cadenza Capital Management, Infinity Ventures, Shima Capital, Gemini Grupe, Launchpad Capital, Finality Capital Partners, Wave7

## Investors

- Resolute Ventures (https://capitalatlas.ai/funds/resolute-ventures) — Seed
- Liberty City Ventures (https://capitalatlas.ai/funds/liberty-city-ventures) — Seed
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed
- Backend Capital (https://capitalatlas.ai/funds/backend-capital) — Seed
- Republic Capital (https://capitalatlas.ai/funds/republic-capital) — Seed
- Cadenza Capital Management (https://capitalatlas.ai/funds/cadenza-capital-management) — Seed
- Infinity Ventures (https://capitalatlas.ai/funds/infinity-ventures) — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- Gemini Grupe (https://capitalatlas.ai/funds/gemini-grupe) — Seed
- Launchpad Capital (https://capitalatlas.ai/funds/launchpad-capital) — Seed
- Finality Capital Partners (https://capitalatlas.ai/funds/finality-capital-partners) — Seed
- Wave7 — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- GoldenTree Asset Management (https://capitalatlas.ai/funds/goldentree-asset-management) — Series A
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series A
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- BECO Capital (https://capitalatlas.ai/funds/beco-capital) — Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A
- Road Ventures SA (https://capitalatlas.ai/funds/road-ventures-sa) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Distributed Global Ventures (https://capitalatlas.ai/funds/distributed-global-ventures) — Series A
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Series A
- Circle Ventures — Series A
- Solana Ventures (https://capitalatlas.ai/funds/solana-ventures) — Series A
- OKX Blockdream Ventures — Series A
