Tech Company Financing Transactions

SphereOne Funding Round

SphereOne, based in Austin,, secured $2.5 million from Distributed Global, private investors and Newark Venture Partners.

Transaction Overview

Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Austin,, TX 78723
USA
Phone
Undisclosed
Email Address
Overview
The future of is tokenized. This means cross chain payments will be an essential part of the mass adoption of Web3. SphereOne is building the payment rails to allow users to pay with any token across any chain, with any crypto wallet.
Profile
SphereOne LinkedIn Company Profile
Social Media
SphereOne Company Twitter Account
Company News
SphereOne News
Facebook
SphereOne on Facebook
YouTube
SphereOne on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ryan McNutt
  Ryan McNutt LinkedIn Profile  Ryan McNutt Twitter Account  Ryan McNutt News  Ryan McNutt on Facebook
Co-Founder
Christopher Ries
  Christopher Ries LinkedIn Profile  Christopher Ries Twitter Account  Christopher Ries News  Christopher Ries on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/18/2023: PeopleFund venture capital transaction
Next: 1/18/2023: Sunfish Technologies venture capital transaction

 

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We report on all VC transactions involving tech companies. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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