To date, $3 million in seed financing has been obtained by Palo Alto, California-based Dwellfi, a startup that specializes in AI, blockchain, and tokenization solutions for private funds and fund managers.
Investors
- Fortified Ventures
- Hustle Fund
- Stanford Blockchain
- E1 Ventures
- Blockchain Coinvestors
Use of funds
The money will be used by the business to increase operations and development initiatives.
DwellFi, under the direction of CEO Kumar Ujjwal and CTO Deepak Sheoran, provides asset management through the use of tokenization, blockchain, and AI technology. Its SaaS platform, which is certified SOC-2, serves business clients that manage or administer private funds while adjusting to market demands.
The technology is gaining traction in the enterprise asset management sector and already administers assets valued at over $200 billion (AUA).
“This endorsement of our technological innovations marks a significant step towards our mission of transforming Asset Management through digital excellence. With the help of our prestigious investors, we are eager to expand our business and keep up our current growth trajectory.”
Kumar Ujjwal
About Dwellfi
DwellFi is redefining asset management with state-of-the-art AI, blockchain, and tokenization technologies. Our SOC-2, Type 1 SaaS platform caters to a diverse client base, including PE/RE/VC Funds, Hedge Funds, Fund Administrators, and LPs, adapting to the dynamic needs of the market.