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1/ Hi! Today, we’re excited to announce our $18M Series A, led by Paradigm!
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2/ Building good crypto apps is too hard. This is why we built Privy. We know self-custody and crypto are not one size fits all. Good crypto apps should just be good apps. Crypto experiences are ready for the mainstream and we're excited to play our part in powering them.
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3/ Privy is the easiest way to bring all of your users onchain. We provide wallet connectors and self-custodial embedded wallets so you can activate *any user* to your app, regardless of whether they’ve interacted with crypto before.
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4/ In the last year, we’ve supported some of crypto’s most innovative companies like Friendtech, Blackbird, Courtyard, and many more. Privy has now helped onboard over a million users to onchain products – and we’re just getting started.
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5/ Open infrastructure has the power to reshape everyone's relationship with their data – provided we can make it easy to use. With this round, we will grow our team and continue to build out our library so developers can craft engaging onchain apps, accessible to anyone.
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6/ What we build today will set the direction for decentralized systems tomorrow – and whether or not the Internet uses them. The challenge is crafting engaging products without losing what makes crypto special: interoperability and ownership. We're here for it 🦾
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7/ As a part of the round, we're thrilled to welcome @matthuang to Privy's board! Matt, @caitlinxyz, @frankieislost, and the Paradigm team have played an outsized part in developing our vibrant crypto ecosystem. We couldn't imagine better partners to drive our mission forward.
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