AI Web3 startup Bluwhale, situated in San Francisco, CA, has secured $7 million in seed funding.
In addition to Cardano, Momentum6, NxGen, Ghaf Capital Partners, Spyre Capital, Baselayer Capital, Charles Huang, the creator of Guitar Hero, Jack McCauley, the founder of Oculus, and the collaborative funds of Animoca (Japan), Gumi, MZ Crypto, Sygnum Bank, and Azimut Investment Management, the round was led by SBI (SBI Ven Capital and SBI Decima Fund).
The money will be used by the business to grow both its operations and growth initiatives.
Bluwhale, an AI personalization protocol provider that specializes in decentralized applications (dApps) and was co-founded by Adam Rowell and Han Jin, gathers deep insights from consenting user wallets on many blockchain networks.
Through data-driven decision-making and tailored wallet-to-wallet communication, it seeks to discover and target new consumers in order to increase user growth, engagement, and retention.
“For nearly two decades, online platforms have profiled and targeted users without their consent. Companies have poured billions of dollars into Google, Facebook, TikTok, and similar platforms to target and mass-advertise to consumers. At Bluwhale, wallet holders can take control of their digital profile and decide if they want to receive communications, while at the same time taking a majority share of the outreach spending.”
Han Jin
With its AI platform still in open beta, Bluwhale has already signed up 180 companies to use it, and it has indexed over 270 million wallets.
