Enso Finance posted on LinkedIn that it has raised an additional $4.2m. The company said the capital came from "great funds" and more than 60 angel investors. The post included celebratory comments such as "Nice job team." The announcement provided no details on valuation, use of proceeds, instrument types, or round stage. No participating investor names, operating metrics, location, founding year, or prior-round information were disclosed in the article. Enso Finance raised $5 million to support the imminent launch of its social trading platform. The Zurich-based company, founded in February this year by former Sygnum Bank team members Gorazd Ocvirk and Connor Howe, enables investors to create new strategies for investing in tokens on the Ethereum network. The platform allows an unlimited number of strategies that can include all ERC-20 tokens and yield-farming allocations, and it enables discovery and composition of strategies and meta-strategies by subscribing to or following other traders. Social trading features let users create and invest in other strategies, form multi-signature syndicates and set up decentralized autonomous organizations (DAOs). The funding round attracted investors including Polychain Capital, Dfinity Beacon Fund, Multicoin Capital, P2P Capital, Spartan Group, Zola Global and The LAO. The article does not specify the financing instrument or any prior rounds.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2024