LunarCrush Raises $5M in Series A Funding

LunarCrush

LunarCrush, a Costa Mesa, California-based company providing a solution for the social media landscape, raised $5M in Series A funding, at a $30M valuation.

The round was co-led by Draper Round Table / INCE Capital and joined by Draper Associates, WWVentures, TRGC, Bitcoin Frontier Fund, Draper Goren Holm, Blockchain Founders Fund, Side Door Ventures, MoonPay, EMURGO, LBANK Labs, FUNFAIR Ventures, and Techstars.

The company intends to use the funds to expand operations and its business reach.

Led by Joe Vezzani, CEO, and Evan Kennedy,COO, LunarCrush provides a tool that allows users to search across all social media and extract the most relevant content tailored to their interests. By escaping traditional algorithms and creating their own, LunarCrush offers a mindful social media experience.

The company, an industry pioneer in social media analytics for cryptocurrency and financial industries, is now expanding beyond capital markets to enable users to search, track, and actively engage with real-time events and discussions about trending topics they care about across all social media.

FinSMEs

13/07/2023