Stellar Development Foundation

Founded 2014
Founders David Maziu00e8res Jed McCaleb Joyce Kim

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 10
Average round size
info
The average size of a deal this fund participated in
$26M
Portfolio companies 9
Rounds per year 1.43
Lead investments 5
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.10
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Financial Services
  • FinTech
  • Payments
  • Transaction Processing
  • Bitcoin

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Tala

Analytics
Big Data
Credit
Financial Services
FinTech
Information Technology
Mobile
Software
$145M14 Oct 2021 Santa Monica, California, United States

Abra

Bitcoin
Financial Services
Peer to Peer
Transaction Processing
$55M15 Sep 2021 Mountain View, California, United States

Airtm

Banking
Blockchain
Internet
Payments
Transaction Processing
$15M25 May 2021 Mexico City, Mexico

Tribal Credit

Artificial Intelligence
Credit Cards
Finance
FinTech
$34M21 Apr 2021 San Jose, California, United States

Cowrie Integrated Systems

$750K15 Mar 2021 Lagos, Lagos, Nigeria

Wyre

Banking
Bitcoin
Cryptocurrency
Financial Services
FinTech
Payments
$7M26 Jan 2021 San Francisco, California, United States

Financial Services
Payments
$3M17 Dec 2020 Entre Ríos Province, Argentina

SatoshiPay

Blockchain
Content
FinTech
Payments
$550K28 May 2020 England

Abra

Bitcoin
Financial Services
Peer to Peer
Transaction Processing
$5M07 May 2020 Mountain View, California, United States
News
Abra Announces $55 Million in Series C Funding

– Abra has raised $55m in Series C funding. The round was led by IGNIA and Blockchain Capital, with new investors including Kingsway Capital, Tiga Investments and the Stellar Development Foundation.
– The round brings Abra’s total funding to date to over $85m since inception.
– This new round will enable the company to further expand its world-class product team into new offerings for wealth management, trading, and payments; scale its marketing team; and develop the company’s fast-growing high net worth and institutional sales offerings.
– Abra has experienced tremendous growth over the past year. The company’s revenues have increased more than ten-fold, while custody services, Abra Trade and Abra Earn, went from zero to $1bn in AUM, with zero defaults.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Stellar Development Foundation?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: