Presail, a Norwegian community-driven funding management platform, has raised an additional $150,000 in angel investment from SKY MAVIS Founders, Trung Nguyen (CEO), Viet And (CTO), Aleksander Leonard Larsen (COO), and Jeffrey Zirlin (Growth). The funding comes five months after the company’s oversubscribed €3.8 million seed round and brings its total funding to over $5 million in less than two years.
Presail’s co-founder, Aleksander Leonard Larsen, expressed his admiration for the company’s impressive product quality and growth. “It plays a unique role as the core infrastructure of many successful investment groups,” he said. Presail is backed by well-known investors, including Kraken Ventures, Global Founders Capital, Snö, Skyfall, Weekend Fund, and executives of AngelList Venture.
Presail aims to speed up the safe expansion of web3’s increasing investment space. The platform has a unique system tailored to the individuals challenging traditional investing. Alongside others like Sequoia, YC, and Pantera, Presail’s clients and their 20,000 members have invested over $150 million in thousands of startups.
The Norwegian innovators have attracted prominent investors, including the CEO of AngelList Venture, Avlok Kohli, Director of Product at AngelList Venture, Jessica Toy, and COO of Sky Mavis/Axie Infinity, Aleksander Leonard Larsen.
Presail’s oversubscribed seed round was led by SNÖ Ventures, with participation from Kraken Ventures, Skyfall Ventures, and Weekend Fund, led by Ryan Hoover, the founder of Product Hunt.
Presail’s achievement highlights the importance of community-driven funding in the web3 investment space. Presail’s goal to create a secure and reliable system that can support thousands of startups and innovations is essential to the success of the industry.