Bengaluru and San Francisco-based crypto asset management platform Mudrex has raised $2.5 million in a seed round led by Nexus Venture Partners with participation from Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal.

Company: Mudrex

Raised: $2.5M

Round: Seed Round

Funding Month: August 2021

Lead Investors: Nexus Venture Partners 

Additional Investors: Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal

Company Website: https://mudrex.com

Software Category: Crypto investing platform 

About the Company: Launched in 2018 by IIT Bombay Alumni Edul Patel, Rohit Goyal, Alankar Saxena, and IIT Kanpur alumnus Prince Arora. Mudrex was built with the idea of revolutionizing retail participation in crypto. It helps people invest in cryptocurrencies in a hassle-free and safe environment, using top algorithms. Mudrex hosts over 25,000 active portfolio managers acquired both organically through a referral system and has witnessed more than $1 billion in trading on the platform. The company at present holds an AUM of $15 million and counting. 

Source: https://yourstory.com/2021/08/funding-yc-crypto-investing-platform-mudrex-nexus-venture/amp