Web3 Payroll Solution Rise Works Closes $3.8 Million Seed Round

Web3 Payroll Solution Rise Works Closes $3.8 Million Seed Round

Rise Works, a Web3-enabled payroll and compliance solution, closed a $3.8 million seed round led by Sino Global Capital and Polymorphic Capital, with participation from HashKey Capital, Paradigm Shift Capital, Draper Associates, WW Ventures, P2P Validator, Cosmo Capital, and others. The funds raised will be used to expand the team, increase product offerings, expand the business, and pursue strategic partnerships and developments to drive further growth.

The US-based startup works with DAOs, including the crypto staking protocol Lido, as well as a number of other types of decentralized organizations looking to compensate their personnel via digital assets.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Payment

Fund Raising

Hashkey

Related News
Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Paradigm leads $82 million Series B round for crypto payments network Mesh Paradigm leads $82 million Series B round for crypto payments network Mesh
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Latest News More More
TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
2 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
3 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
3 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
6 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open