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Tweed - Seed
Overview
Funding Date
March 9, 2023
Financing amount
$4M
Valuation
--
Catagory
About Tweed - Seed
Tweed, a plug and play white-label wallet and payment solution to support any web2 platform tapping into the web3 space, today comes out of stealth to announce it has raised a $4m seed funding round led by Accel. Communitas Capital Partners and Zero Knowledge Ventures also participated in the round alongside angel investors including Sorare CEO Nicolas Julia, ex-Venmo COO Mike Vaughan, ex-JPMorgan executive Ameet Patel and ex-SunGard CEO Cristóbal Conde.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 1983 | 28 | kefrusy@accel.com | ||
| Fund | United States of America | 2017 | 5 | info@communitascapital.com | ||
| Fund | Unknown | -- | 4 | -- | ||
| Angel Investor | France | -- | 5 | -- | ||
| Angel Investor | United States of America | -- | 1 | -- | ||
| Angel Investor | Unknown | -- | 2 | -- | ||
| Angel Investor | United States of America | -- | 2 | -- |
Founders & Team
Michelle Latzer
Julie Tauber
Udi Hakim
Company Profile / Project Introduction
Tweed provides self-custodial key management, a fully functional white label wallet, and onramp + offramp connectivity to platforms looking to introduce web3 elements within their own environment and appeal to non-crypto native users. Using Tweed’s powerful SDK, platforms and brands no longer need to ask users to bring their own wallet. With several login options and account recovery, Tweed enables frictionless onboarding of web2 users. Platforms can use web3 terminology or their own language with platform-controlled UI. Tweed’s wallet infrastructure provides the most compliant API-based self-custodial wallet available. The Tweed SDK includes a white label payments layer with fiat to NFT and crypto onramp solutions. With Tweed, companies can offer a seamless onboarding experience and offload any regulatory custody burden.