yWhales Raises $5M in Funding

yWhales’ Community Metrics

yWhales, a Saint Louis, MO-based Web3 startup, raised $5M in funding at an $80m valuation.

The backers were not disclosed.

The company intends to use the funds to expand the reach of Web3 initiatives by educating tech professionals and facilitating collaboration on new projects within the space.

Led by CEO Jay Steinback and President Zemfira Khisaeva, yWhales works for a community of CEOs, business operators, and entrepreneurs who believe that the interconnected, decentralized Web3 model will become the foundation of how the world lives, works, and plays by paving the way for companies to come together to define the Web3.

The company combines a deep understanding of emerging Web3 tech with business know-how to advise, build, and grow new and existing businesses that aim to capitalize on Web3 opportunities.