SeriesX may close USD 1m seed round this week

 

SERIESX MAY CLOSE USD 1M SEED THIS WEEK

TIM LEEMASTER

 
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SeriesX, the Austin, Texas-based blockchain services firm, may close a USD 1m seed funding round by the end of this week, a person familiar with the matter said.

The company plans to go on to raise around USD 5m in a Series A next year, the person said.

SeriesX declined to comment.

Wholly-owned subsidiary Vertalo provides shareholder registry and regulatory compliance services for blockchain companies and financial service providers.

SeriesX raised USD 2m in June from investors including Shasta Ventures.

 

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