Tatum Raises $41.5M in Funding

Tatum, a blockchain applications development company, raised $41.5M in funding.

The round was led by Evolution Equity Partners, Octopus Ventures, 3VC, Tensor Ventures, Depo Ventures, Leadblock Fund, Circle, and founders of Bitpanda.

The company intends to use the funds to accelerate marketing, educational efforts and community building efforts.

Led by CEO Jiri Kobelka,Tatum provides a blockchain development platform to speed up the creation of blockchain applications and enable functionality and quality. The platform simplifies the creation of complex blockchain operations into single lines of application code, streamlining the entire Web 3.0 development process, from common blockchain operations to ones with pre-built features such as smart contracts, fee and payment solutions, real-time alerts, virtual accounts, out-of-the-box crypto-exchange functions and a key management system. The framework incorporates 42 different protocols and integrates the use of APIs to fit into existing development processes.

After initial investments totaling around $8m, the company developed the complete platform and began to attract customers, ranging from Fortune 500 companies to new technology startups. Tatum also joined Berkeley SkyDeck in 2021 as one of 16 companies worldwide accepted from thousands of applicants and received some funding as a result.

Tatum, which has over 90,000 customers and adds over 7,000 new ones per month, was founded in Czech Republic and has its official headquarters in the UK, with a corporate center located in Miami, Florida and offices around the world.

FinSMEs

13/10/2022