Swan Bitcoin Raises $ 6 Million In Series A Funding Round | New

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CALABASAS, Calif., Nov. 22, 2021 / PRNewswire-PRWeb / – Swan Bitcoin, a company that makes buying Bitcoin safe, fast and easy, today announced the closing of a $ 6 million Series A funding dollars on a pre-cash $ 90 million appraisal. To date, the company has raised $ 8.5 million.

The cycle was co-led by Mimesis Capital and Ten31, with participation from Xoogler Fund (Google alumni), Plan B Ventures, Lightning Ventures and HCM Capital. Prominent Angels include professional athletes Baron Davis, CJ Wilson and Matthew Dellavedova, as well as original Blockstream CEO Austin Hill and Dan Matuszewski of CMS Holdings.

Swan’s core business has generated positive cash flow over the past year. The new funds are used for marketing and the development of new products. Key initiatives include the launch of the Swan app, the international expansion of private client services, the launch of advisory services (led by wealth manager and Why Buy Bitcoin author Andy Edstrom), and the continuation of the development of Bitcoiner community projects like BitcoinerJobs.co and upcoming Bitcoiner events. .

“Our commitment to Bitcoin gives us a huge advantage in the market,” said Cory Klippsten, CEO of Swan. “Our investors see the Swan difference: our in-depth knowledge of Bitcoin and the premium service we provide to all customers. The future of Bitcoin is bright and Swan is extremely well positioned for continued growth.”

The company is exploring equity financing plans for growth in the near future, with the goal of being listed on the NASDAQ by 2024.

Lyn Alden Joins Swan Board of Directors

As part of the company’s continued growth, investment strategist Lyn Alden has become a member of Swan’s board of directors. Widely regarded as an expert in finance and macroeconomics, she founded Lyn Alden Investment Strategy in 2016.

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ABOUT SWAN BITCOIN

Swan Bitcoin is the best way to accumulate Bitcoin with recurring and instant automatic purchases. Swan produces high quality Bitcoin education and prides itself on excellent and accessible customer service. Swan’s Private Client Services division helps high net worth individuals and entities build generational wealth, anywhere in the world. Swan’s Advisor Services Platform is the easiest and most secure way for financial advisors to provide their clients with direct exposure to real bitcoin. For more information, visit swanbitcoin.com.

Media contact

Rina Foster, Swan Bitcoin, 1 5152400774, [email protected]

SOURCE Bitcoin Swan

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