Dwellfi, a company which specializes in AI, blockchain, and tokenization solutions for private funds and fund administrators secures $3million in seed funding to Date.
Leading the round were Fortified Ventures, Hustle Fund, Stanford Blockchain, E1 Ventures, and Blockchain Coinvestors. The money will be used by the business to increase operations and development initiatives.
DwellFi, under the direction of CEO Kumar Ujjwal and CTO Deepak Sheoran, provides asset management through the use of tokenization, blockchain, and AI technology. Its SaaS platform, which is certified SOC-2, serves business clients that manage or administer private funds while adjusting to market demands.
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The technology is gaining traction in the enterprise asset management sector and already administers assets valued at over $200 billion (AUA).
Kumar Ujjwal said: “This endorsement of our technological innovations marks a significant step towards our mission of transforming Asset Management through digital excellence. We are excited to scale our operations and continue our growth trajectory with the support of our esteemed investors.”
About DwellFi
DwellFi is using tokenization, blockchain, and cutting-edge AI to redefine asset management. Their SOC-2, Type 1 SaaS platform adjusts to the changing demands of the market while serving a wide range of clients, such as hedge funds, fund administrators, LPs, PE/RE/VC funds, and hedge funds.
