Blur has raised a total of $11 million in a single Seed round on March 28, 2022. The San Francisco-based NFT marketplace is designed for professional traders, emphasizing speed, zero marketplace fees, and advanced portfolio management tools. With institutional-grade ambitions, Blur operates in the blockchain and cryptocurrency space, providing fast trade execution and a decentralized trading experience.
Keep reading to explore Blur’s funding journey, key investors, and what’s next for this innovative platform.
What Is Blur and What Does It Do?
Founded on October 19, 2019, Blur is headquartered in San Francisco, California, United States. Operating in the blockchain and cryptocurrency industries, the company offers an NFT marketplace specifically designed for professional traders.
With a team of 11–50 employees, Blur focuses on fast trade execution, zero marketplace fees, and advanced portfolio management tools to offer a professional, institutional-grade NFT trading experience.
How Much Funding Has Blur Raised?
- Seed Round
- Amount Raised: $11M
- Date: March 28, 2022
- Lead Investors: Paradigm
- Motivation: To build the best NFT marketplace for professional traders, addressing the shortcomings of current marketplaces and moving towards institutional-grade decentralization.
Total Funding Raised: $11M
Latest Funding Date: March 28, 2022
Key Investors
- Paradigm
- Details: Paradigm is a leading investment firm focused on cryptocurrency and blockchain technology investments. It led the $11 million Seed round for Blur.
- Investment Focus Areas: Cryptocurrency, blockchain, decentralized technologies
- Notable Investments: Uniswap, Compound, MakerDAO
- eGirl Capital
- Details: eGirl Capital is a crypto-focused investment group involved in various blockchain projects.
- Investment Focus Areas: Crypto, blockchain, DeFi
- Notable Investments: Various DeFi and NFT projects
- 0xMaki
- Details: 0xMaki is a prominent figure in the DeFi community, known for contributions to blockchain and crypto projects.
- Investment Focus Areas: DeFi, blockchain, crypto
- Notable Investments: SushiSwap, other DeFi projects
- Santiago Santos
- Details: Santiago Santos is a strategic crypto investor active in blockchain ventures.
- Investment Focus Areas: Crypto, blockchain, DeFi
- Notable Investments: Various DeFi and crypto projects
- Zeneca
- Details: Zeneca is an influential NFT community figure and investor with expertise in blockchain projects.
- Investment Focus Areas: NFTs, blockchain, crypto
- Notable Investments: Multiple NFT projects
Where Is Blur’s Headquarters?
Blur is headquartered in San Francisco, California, United States, giving it access to leading blockchain talent and technology partners. Its platform serves professional NFT traders globally, aiming for institutional-grade adoption.
What’s Next for Blur?
With $11 million in Seed funding, Blur plans to scale its marketplace, attract professional traders, and capture a larger share of the rapidly expanding NFT market. The company focuses on handling high trading volumes, maintaining security, and enhancing the user experience. Future fundraising and strategic partnerships are likely to support its roadmap, while competition and technical scalability remain key challenges.
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