• Cogni

  Participated · Series A · Apr 2022

  Cogni operates a zero-fee digital banking platform that integrates traditional finance features (55,000 free ATMs, single-use cards) with lifestyle services such as discounted digital gift cards and per-transaction carbon-emissions tracking. The product offers access to more than 1,500 brands for discounted gift-card purchases and aims to centralize banking, crypto, NFTs, gaming and metaverse services for mainstream users. The company emphasizes ease, transparency and accessibility, and provides unique features intended to bridge Web2 and Web3 experiences. In the coming months Cogni plans to build out Web3 capabilities including a Multichain wallet and a High-Yield Savings account. Cogni says it will continue developing its core technology and infrastructure while expanding its product suite, acquiring users and hiring talent. The company was founded in 2018 and is headquartered in New York City with a second office in San Francisco. Cogni is a New York-based digital banking startup that combines deposit accounts with in-app commerce and lifestyle services through its MyCogni app. The MyCogni app has been tested with a few hundred users and offers a debit card that provides up to 12% cash back at over 160,000 retailers, plus features for invoicing and personalized payment and savings buckets. About 30,000 people have expressed interest in signing up for its early-2019 launch. Cogni closed $1.7 million in seed funding and is 2% owned by Barclays Plc. The company plans to operate on a borrowed charter rather than applying for an independent charter and positions itself more as a technology/lifestyle company than a traditional bank. It expects to derive significant revenue from partnerships with brands rather than from traditional lending margins and has hired a boutique merchant bank to advise its planned Series A.

• Delta One

  Led · Seed · Apr 2022

  Delta One is a Solana-based yield generation protocol that packages complex yield strategies into user-friendly structured products. Its automated delta-neutral strategies require little to no active management while offering attractive risk-adjusted yield. Led by co‑founder DJ Sengh, the protocol has amassed a waitlist of over 100,000 participants since launching at the Solana Ignition Hackathon in October 2021. The company raised $9.1M in Seed funding to support core development and ecosystem growth. Delta One is working with upcoming teams to build new lending markets, reserve currencies, and novel options products such as power perpetuals that compose on top of existing vaults. The company is based in San Francisco, CA.

No current team members are available.