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      Squads Labs's Logo

      Squads - Strategic

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      April 29, 2026

      Financing amount

      $18M

      Valuation

      --

      Category

      Web3

      Subcategory

      DAO Tooling

      About Squads - Strategic

      Squads Labs raised $18.00M in a Strategic financing round on Apr 29, 2026. The round was backed by Solana Ventures, Coinbase Ventures, Haun Ventures and others. In total, there were 4 investors that participated in the round.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund -- 2021 108 --
      Fund United States of America 2018 383 --
      Fund United States of America -- 33 --
      Corporate Switzerland 2018 8 --

      Founders & Team

      Deni Ershtukaev's Logo

      Deni Ershtukaev

      Sean Ganser's Logo

      Sean Ganser

      Stepan Simkin's Logo

      Stepan Simkin

      Company Profile / Project Introduction

      Squads is the leading multisig solution on Solana, used by the largest teams and protocols to secure their on-chain assets. Built with an intuitive UX, slick design, security and self custody in mind. Squads can be seen as a competitor to custody firms such as Fireblocks and Copper, but Squads' biggest competitive edge is its smart contract wallet system, which, as opposed to multi-party computation, exists fully on-chain and is fully transparent and immutable. Squads Labs also offers a web app comprising SquadsX and Squads Pro products. Squads web app is built on top of Squads protocol that helps crypto firms manage their developer and treasury assets via multisig.

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      *Fundraising Announcement: Click here