River Financial, a San Francisco, CA-based Bitcoin financial services provider, closed a $12m Series A equity financing.
The round was led by Goldcrest Capital with participation from Craft Ventures, Polychain Capital, M13, Castle Island, Slow Ventures, and The Kraft Group.
The company intends to use the funds to continue growing its financial service offerings for traditional investors.
Founded in 2019 by CEO Alex Leishman and COO Andrew Benson, River Financial is a financial technology company building tools and services for long-term Bitcoin investors. Its flagship product, a Bitcoin brokerage, provides retail investors with a platform to buy and sell Bitcoin.