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Catapult Raised $5 Million in a Seed Round Led by Blockchain Capital

Investors in the round also include Eden Block, Orange DAO and Reverie as well as several angel investors from leading crypto startups, including Aave’s Stani Kulechov and Teller’s Ryan Berken, according to an announcement.

The startup, which was co-founded in 2021 by Rav Singh Sandhu and Greg Wilsenach as part of the Entrepreneur First program, aims to provide infrastructure that will enable better coordination in decentralized organizations by providing more context about their members in a pseudonymous manner.

Catapult started as an onboarding tool for Index Coop, a decentralized community that provides access to complex crypto investing strategies through tokens. Catapult made it easier to capture information about new joiners and guide them to the right starting point, according to the announcement.

Now, Catapult uses data from the onboarding process to build rich pseudonymous friendly member profiles that are searchable and allow for better coordination and communication amongst members.

The platform just completed a closed alpha phase with Index Coop and Aragon DAO. It’s now extending its platform to Krause House, Lex DAO, Biconomy DAO, Spectral Finance, Algovera AI, Popcorn DAO, and groups within Bankless DAO.

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