Tech Company Financing Transactions

Skip Protocol Funding Round

Skip Protocol, based in New York, secured $6.5 million in funding from Bain Capital Crypto, Galaxy Venture Capital and IEX Group.

Transaction Overview

Company Name
Announced On
9/22/2022
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Proceeds Purpose
The company is utilizing the funding to support its development of an innovative platform to bring the multi-billion dollar market for transaction prioritization, reordering, and bundling

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
148 2nd Avenue Apartment 4B
New York, NY 10003
USA
Phone
Undisclosed
Email Address
Overview
Operator of a blockchain company intended to help chains harness MEV to achieve financial sustainability and power better and cheaper user experiences. The company's platform builds a sealed-bid closed auction system that allows traders to submit tipped transactions to validators who prioritize them at the top of blocks, enabling blockchains to achieve long-term financial sustainability and helping traders to execute more sophisticated and profitable strategies.
Profile
Skip Protocol LinkedIn Company Profile
Social Media
Skip Protocol Company Twitter Account
Company News
Skip Protocol News
Facebook
Skip Protocol on Facebook
YouTube
Skip Protocol on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Maghnus Mareneck
  Maghnus Mareneck LinkedIn Profile  Maghnus Mareneck Twitter Account  Maghnus Mareneck News  Maghnus Mareneck on Facebook
Co-Founder
Edward Plunkett
  Edward Plunkett LinkedIn Profile  Edward Plunkett Twitter Account  Edward Plunkett News  Edward Plunkett on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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