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Galoy - Seed
Overview Investors Founders Company Profile / Project Introduction
Overview
Funding Date
December 15, 2021
Financing amount
$3M
Valuation
--
Catagory
About Galoy - Seed
Galoy raised $3.00M in a Seed financing round on Dec 15, 2021. The round was backed by Craft Ventures, Kingsway Capital, Trammell Venture Partners and others. In total, there were 8 investors that participated in the round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 11 | jessica@craftventures.com | ||
| Fund | United Kingdom | 2013 | 30 | info@kingswaycap.com | ||
| Fund | United States of America | 2016 | 7 | -- | ||
| Angel Investor | United States of America | -- | 107 | -- | ||
| Fund | United States of America | 2019 | 17 | contact@fulgur.ventures | ||
| Fund | -- | -- | 4 | -- | ||
| Angel Investor | -- | -- | 1 | -- | ||
| Angel Investor | -- | -- | 5 | -- |
Founders & Team
Chris Hunter
Nicolas Burtey
Company Profile / Project Introduction
Co-founded in 2019 by Nicolas Burtey and Chris Hunter, Galoy provides a suite of tools that enable merchants and consumers to use the Lightning network for payments and create tools for bitcoin-native banking services. The Lightning network is a payment layer that sits on top of the bitcoin network, promising cheaper and faster transactions for bitcoin payments. Galoy's technology powers the Bitcoin beach wallet in El Salvador and the Bitcoin jungle app in Costa Rica.
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