Souq Raises $3.3M in Pre-Seed Funding

Souq

Souq, a New York-based provider of consumer asset management software in the Web3 gaming space, raised $3.3M in Pre-Seed funding.

Backers included Kickstart, IVC, Operate, Moon Holdings, Ellipti Ventures, Perpetual Value Partners, Himanshu Sahay & Partners, Sterling VC, Evernew Capital, BBQ Capital, Mike del Balso, Chris Chang, BlockØ, Aleph One, Gautam Shah, and Miko Matsumura.

The company intends to use the funds to further expand its flagship product, supporting players and games across all major blockchains.

Led by CEO JonPaul Vega and Head of Product Ken Berkowitz, Souq is a provider of consumer asset management software in the Web3 gaming space. The company focused on building a financial market for game economies, enabling players to participate and share in the upside of these virtual worlds.

The company onboards players quickly, and allows them to track and manage their portfolio across any blockchain or wallet.

FinSMEs

07/06/2022