Draper Goren Holm, a venture studio focused on accelerating and incubating blockchain and crypto startups along with the Draper Venture Network, announced today it has led a seed round in crypto data/analytics provider, LunarCRUSH.
The LunarCRUSH team will gain access to partnerships, perks, and capital in addition to other portfolio companies. Potential benefits include enterprise deal-making, advisory, and marketing outreach.
“LunarCRUSH offers insightful metrics for a new era of investing. It is a great example of a team that integrates different elements of Web 3.0 tech to make a product that users love.”
– Josef Holm, Founding Partner of Draper Goren Holm
This announcement comes one month after the fund expanded its partnership with venture capitalist and crypto proponent Tim Draper. LunarCRUSH is the first investment since the fund’s official formation.
“The product is strong. The team is strong. The user growth is strong. Even if we weren’t absolutely in love with this platform, it would be hard to ignore LunarCRUSH because they are made of what every seed investor dreams of.”
– Founding Partner of Draper Goren Holm, Alon Goren
LunarCRUSH helps cryptocurrency investors make better investment decisions by analyzing social discourse and community. They provide data through WebSocket and Rest API’s while also providing valuable community insights to their users through their web app. LunarCRUSH completed the Los Angeles TechStars program in October 2019.
“It is an exciting time to be growing a business in the cryptocurrency space. Our platform is helping experienced and new investors discover the power cryptocurrencies can bring to their investment portfolios and their lives.”
– Joe Vezzani, Founder and CEO of LunarCRUSH