Tech Company Financing Transactions
Zoot Funding Round
CoinFund and Griffin Gaming Partners participated in a $6 million Seed funding round for Zoot. The round was announced on 6/17/2025.
Transaction Overview
Company Name
Announced On
6/17/2025
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
CoinFund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the current US-focused business to a global-facing, stablecoin-driven one.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Enigma Lake Holdings, Inc. (dba Zoot) is an innovative social gaming platform co-founded by industry veterans Sean Ryan and John Cahill. At Zoot, we blend our passion for creating simple, enjoyable free-to-play games with the excitement of sweepstakes prizing options for those who wish to participate. Our headquarters are located in the New York region, supported by an exceptional tech team based in Europe. Our platform aims to provide an engaging and entertaining experience for players of all ages, offering a variety of games designed to be both fun and rewarding.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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