Immunefi Raises $5.5M in Funding


Immunefi, a Singapore-based bug bounty and security services platform for DeFi protecting over $50 billion in users’ funds, raised $5.5M in funding.

Backers included Blueprint Forest, Electric Capital, Framework Ventures, Bitscale Capital, P2P Capital, IDEO Colab, The LAO, BR Capital, 3rd Prime Ventures, North Island Ventures, and other individual investors. 

The company intends to use the funds to continue to expand operations and its development efforts.

Led by Mitchell Amador, Founder and CEO, Immunefi is a bug bounty and security services platform for smart contracts and crypto projects, It enables security researchers to review code, disclose vulnerabilities, and get paid doing so, and allows companies to secure their projects with top security talent. The system currently guards over $50 billion in user funds across projects like Synthetix, Chainlink, SushiSwap, PancakeSwap, Bancor, Cream Finance, Compound, Alchemix, Nexus Mutual, and others.