Elementus, a New York-based provider of a blockchain data intelligence platform, raised $10M in Series A2 funding.
The round, which brings total funding to $27M, was led by ParaFi Capital.
The company intends to use the funds for hiring and new product development.
Led by Max Galka, CEO, Elementus provides blockchain data intelligence platform for forward-thinking, data-driven organizations of all sizes to solve tough blockchain data problems and navigate web3 safely. The system — which enables investigation of on-chain activities, identifying risk and discovering valuable market intelligence — provides a complete data set and sophisticated tagging/attribution capabilities. Elementus’s data-first core and proprietary algorithms give it a complete view into the flow of funds at the most granular level, empowering financial services and crypto exchanges to use blockchain data strategically with a high degree of confidence.
FinSMEs
06/02/2023