# Zedge Horizon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zedge-horizon-pty

- Industry: Software
- Headquarters: Australia
- Website: www.itheum.io
- Total disclosed funding: $4M
- Latest round: Seed (Mar 17, 2022)
- Investors on record: 9

## About

Founded in 2017 and based in New South Wales, Australia, Zedge Horizon Pty Ltd, trading under the name Itheum, operates as the developer of a Web3 data management platform for the metaverse. In March 2022, Zedge Horizon Pty Ltd raised USD 2.5 million in seed funding from Elrond Ltd, Skynet Trading, Ascensive Assets, Mechanism Capital, MHC Software LLC, Skynet Trading, Spark Digital Capital, Woodstock Fund, and ZBS Capital. The round was part of a larger USD 4 million seed financing.

The products of the company include Data CAT(collection and analysis toolkit) and Data DEX. Data CAT enables enterprises to build web2 apps that generate structured and high-value personal data and insights. Data DEX provides a suite of blockchain-powered tools.   

The company plans to use the seed financing to use Elrond’s blockchain infrastructure to transform data into metaverse assets.

## Funding rounds

- Seed, Mar 17, 2022, $2.5M — MHC Software LLC, Spark Digital Capital, Elrond Ltd, Woodstock, Ascensive Asset Management, Mechanism Capital, Skynet Trading, ZBS Capital
- Seed, Jan 11, 2022, $1.5M — Morningstar Ventures

## Investors

- Morningstar Ventures (https://capitalatlas.ai/funds/morningstar-ventures) — Seed
- MHC Software LLC — Seed
- Spark Digital Capital — Seed
- Elrond Ltd — Seed
- Woodstock (https://capitalatlas.ai/funds/woodstock) — Seed
- Ascensive Asset Management (https://capitalatlas.ai/funds/ascensive-asset-management) — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed
- Skynet Trading (https://capitalatlas.ai/funds/skynet-trading) — Seed
- ZBS Capital (https://capitalatlas.ai/funds/zbs-capital) — Seed