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§ Private Profile · Cambridge, MA, USA
Venly is a technology company.
Venly has raised $24.0M across 2 funding rounds.
Key people at Venly.
Venly has raised $24.0M in total across 2 funding rounds.
Venly provides a comprehensive blockchain technology platform, offering modular API solutions for businesses to integrate Web3 functionalities. Core products include wallets-as-a-service, NFT and token management APIs, and payment solutions for crypto and fiat transactions. Emphasizing multi-chain compatibility, the platform streamlines blockchain adoption across diverse applications, from gaming to e-commerce.
Founded in 2018 by Karel Striegel, Tim Dierckxsens, Davy Van Roy, and Gerbert Vandenberghe, the company began as Arkane Network. The founders recognized technical complexities hindering mainstream blockchain adoption. Their insight was to abstract these challenges, offering accessible infrastructure to connect traditional systems with decentralized technologies.
Venly primarily serves businesses and developers building in the Web3 ecosystem, like game studios and e-commerce platforms. Its vision is to democratize blockchain access, enabling more enterprises to leverage decentralized technologies without extensive specialized knowledge. Through scalable infrastructure, Venly aims to accelerate widespread Web3 adoption.
Venly has raised $24.0M across 2 funding rounds. Most recently, it raised $22.0M Series A in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $22M Series A | KAI Bond | Comcast Ventures, Jenny Fielding, Scott Hartley, LaFont, Serena Ventures, Ilia Papas, David Majert, Alpaca VC, Coinbase Ventures, Fortino Capital, High Tech Grunderfonds, Imec.istart, LeadBlock Partners, Plug And Play, Tioga Capital, Transcend Fund | Announced |
| Apr 1, 2021 | $2M Seed | Frank Kerim Reinecke | DM BB David Majert, Imec.istart Fund, Palentine Ventures | Announced |
Venly is a blockchain technology company founded in 2018 that builds developer-friendly tools and products to help businesses integrate and benefit from Web3 technologies. Its offerings include wallet services, NFT marketplaces, and NFT tools designed to provide a seamless and secure user experience that bridges Web2 and Web3. Venly serves industries such as gaming, eCommerce, and entertainment, enabling companies to onboard users to blockchain with simplicity and top-level security. The company has achieved significant growth, with over 4 million wallet users and more than $1 billion in assets under management, supported by $25 million in funding[1][2][4].
Venly was founded in Belgium in 2018 by Tim Dierckxsens (CEO), Gerbert Vandenberghe (COO), Karel Striegel (CPO), and Davy Van Roy (CTO). The founders brought together expertise in blockchain and software development to create a platform that simplifies blockchain adoption for businesses and end users. The idea emerged from the need to make blockchain technology accessible and user-friendly, especially for companies transitioning from Web2 to Web3. Early traction included rapid user growth and recognition as a digital pioneer in blockchain innovation, notably winning the Deloitte Rising Star award in 2022[1][2][4].
Venly is positioned at the intersection of the Web2 to Web3 transition, riding the wave of blockchain adoption across mainstream industries. The timing is critical as enterprises and consumers increasingly demand secure, scalable, and user-friendly blockchain solutions. Market forces such as the rise of NFTs, decentralized finance, and blockchain gaming favor Venly’s mission to onboard the next billion users to Web3. By providing accessible tools and integrations, Venly influences the broader ecosystem by lowering barriers to blockchain entry and accelerating digital transformation for businesses worldwide[1][2][5][6].
Looking ahead, Venly is likely to expand its platform capabilities and integrations, further simplifying blockchain adoption for enterprises and developers. Trends such as AI-powered community ecosystems, cross-chain interoperability, and mainstream NFT adoption will shape Venly’s growth trajectory. As blockchain technology matures, Venly’s role as a trusted infrastructure provider will deepen, potentially making it a cornerstone in the Web3 ecosystem and a key enabler of decentralized digital economies[1][3][5]. Their ongoing partnerships and funding position them well to scale and innovate in the evolving blockchain landscape.
Key people at Venly.
Venly has raised $24.0M in total across 2 funding rounds.
Venly's investors include Kai Bond, Comcast Ventures, Jenny Fielding, Scott Hartley, LaFont, Serena Ventures, Ilia Papas, David Majert, Alpaca VC, Coinbase Ventures, Fortino Capital, High-Tech Grunderfonds.
