Looking to Reimagine Social Media, LunarCrush Secures $5M in Series A Funding

Stepping boldly into the future of social media consumption, LunarCrush, the game-changing crypto and media analytics platform, has secured a significant $5 million in Series A fundraising. This victory places the company’s valuation at a substantial $30 million, making it a formidable force in the sector.

The fundraising event saw the collaborative efforts of Draper Round Table and INCE Capital, taking the lead in funding. A wide spectrum of investors backed this round, including Blockchain Founders Fund, Draper Associates, WWVentures, TRGC, Bitcoin Frontier Fund, Draper Goren Holm, Side Door Ventures, MoonPay, EMURGO, LBANK Labs, FUNFAIR Ventures, and Techstars. Well-known angel investors David Bleznak and Francisco Oliva-Velez Cancel added their names to the list of supporters. With proud ties to Techstars LA 2019, LunarCrush is positioned for continued success.

This injection of funds places LunarCrush in a prime position to accelerate its ambition of reinventing social media interaction. The platform, carved from the knowledge garnered in the crypto and financial industries, has introduced an innovative tool. It provides users with the ability to customize their social media experience, making it easier to identify real-time trends aligned with their interests.

LunarCrush CEO, Joe Vezzani, explained, “Our work in the crypto and financial sectors, where noise levels are notoriously high, underscored the need for custom algorithms that allow users to delve deeper into their preferred content and discover trending topics in real time.”

Instead of simply following individuals, LunarCrush is facilitating a shift towards topic-focused social media consumption. This new approach empowers users to cultivate an enriched and personalized experience. It allows them to follow unfolding interests in real time across various social media platforms.

Expressing his optimism regarding LunarCrush’s progress, Blockchain Founders Fund’s Managing Partner, Aly Madhavji stated, “We believe in the LunarCrush team, vision, expertise, and foresight. The company has seen tremendous growth, a clear indicator of their strong capability to deliver a premier product and fill the need for social sentiment analysis and data analytics in the crypto and finance space. We’re excited about the future and how LunarCrush will play a role to further user empowerment.”

In an era where people are seeking to escape their echo chambers and understand trending topics more comprehensively, LunarCrush offers an unparalleled solution. The company is ready to usher in a new era of social media. With LunarCrush, personalized, real-time content isn’t just a far-off dream, but an accessible reality.