Messari Raised A $35 Million Funding Round Led By Brevan Howard

Messari, a cryptocurrency data, and analytics company has raised a $35 million Series B funding round led by Brevan Howard Digital.

FTX Ventures, Morgan Creek Digital, and Samsung Next are among the other new investors. According to a statement, existing investors such as Point72 Ventures, which led Messari’s $21 million Series A in August 2021, also participated.

Messari had raised $300 million in a funding round. A source said at the time that the projected raise was $35 million.

According to Messari, the new funds will be used to fund product development and team expansion. Messari co-founder and CEO Ryan Selkis said in a statement:

“We’re excited to welcome a remarkable group of investors as partners in our next phase of growth. We are committed to providing investors, crypto enterprises, and token communities with the tools they need to participate in the crypto economy. This new funding will help us grow our team, expand internationally, and invest in new data offerings and tools that complete our market-leading product suite.”

Messari has added two new products to its portfolio: Protocol Metrics and Data Apps. Protocol Metrics allow users to compare assets across multiple networks and analyze the health, growth, and usage of a protocol through transparent data standardization.

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