CDS Startups Notifi Raises $10M in Seed Round
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Notifi Raises $10M in Seed Round

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Web3 Messaging Infrastructure Notifi Raises $10M in Seed Round
Web3 Messaging Infrastructure Notifi Raises $10M in Seed Round

Notifi, which offers communication infrastructure for Web3, raised an investment of $ 10 million in a seed round. The seed round was co-led by Hashed and Race Capital. Other names participating in the round included Struck Capital, HRT Capital, Wintermute, Superscrypt and many other investors. Notifi Co-Founder and CEO Paul Kim said;

“We’re taking a pragmatic approach to solving the right customer and user pain point rather than building something no one asked for. This is why we support both on- and off-chain messaging. Not everything has to be decentralized. As Web3 goes mainstream, the next wave of users will want a simple text or email alert when something important happens”

Along with this investment, Web3 Messaging Infrastructure firm added the $2.5 million investment it received in the pre-seed round, bringing its total financing to $12.5 million. Currently only supporting Solana, Near and Ethereum, Web3 Messaging Infrastructure firm plans to support more blockchains, mainly Polygon, Avalanche, Aptos and Sui, with these collected investments. Notifi, pointing out that currently Web3 communities are managed through Web 2.0 applications such as Discord, Twitter and Telegram, says that these uses cause a communication gap.

Notifi
Notifi

About Notifi

The company was co-founded in 2022 by Paul Kim and Nimesh Amin, experts in the field who have previously worked at companies such as Amazon Web Services, Microsoft, Oracle, Circle. Notifi, which sees the problems caused by messaging between Web 2.0 and layers, aims to provide a simple messaging infrastructure for Web 2.0 and Web 3.0. For this, firm offers users software development kits known as SDKs.

References

www.techcrunch.com

www.prnewswire.com

Written by
oguz

The author is a political science and public administration student at Kocaeli University. He is also studying Management Information Systems at Anadolu University. He met Blockchain technology and Cryptocurrencies for the first time in 2019. Interested in cryptocurrencies for over 2 years. In addition he provides E-commerce and social media marketing services.

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