Lockchain.ai, an Athens, GA-based AI-powered blockchain risk management platform, has officially launched from stealth with $4.6 million in seed funding.
Investors
The round was led by Lerer Hippeau, with participation from Arrington Capital, Valhalla Ventures, ARCA, RSE/Vayner, Sonic Boom Ventures, Alex Weiss of Clear Sky Capital, and Artico Search. White Star Capital joined in a subsequent funding cycle.
Lerer Hippeau is an early-stage venture capital firm founded and operated in New York City that invests in seed to later stage companies across the enterprise and consumer sectors.
Lockchain.ai Use of Funds
To bring automated risk management solutions to traders, investors, and fund managers in the blockchain ecosystem.
About Lockchain.ai
Founded by Andrew Howard, Aidan Kehoe, and Matt Higgins, Lockchain.ai is a company that provides an AI-powered blockchain risk management (BRM) platform that offers automated risk management solutions to traders, investors, and fund managers operating in the blockchain ecosystem. Lockchain.ai's SaaS platform offers always-on due diligence and risk monitoring, providing users with a real-time view of their asset security status. The company leverages generative AI to provide speed, scalability, transparency, and security in digital asset management. The company is headquartered in Athens, Georgia, with offices in New York City.
Funding Details
Company: Lockchain Corporation
Raised: $4.6M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Lerer Hippeau
Additional Investors: Arrington Capital, Valhalla Ventures, ARCA, RSE/Vayner, Sonic Boom Ventures, Alex Weiss of Clear Sky Capital, Artico Search, White Star Capital
Company Website: https://lockchain.ai/
Software Category: Blockchain Risk Management
Source: https://www.prnewswire.com/news-releases/cybersecurity-ceos-join-forces-to-launch-lockchainai-the-first-ai-powered-blockchain-risk-management-platform-302104105.html