LOS ANGELES, JANUARY 23, 2020 – LunarCRUSH is setting up for their next phase of growth as the cryptocurrency markets’ turn bullish at the beginning of 2020.
Through major growth in Q4 of 2019, LunarCRUSH is making a big push towards disrupting the investing, education, and trading aspects of cryptocurrency. Where traditional stock markets run on earnings reports, cryptocurrencies run on the supply and demand of the communities behind each crypto project. LunarCRUSH helps new and experienced investors identify value in an emerging world. If Bloomberg were born today, it would look like LunarCRUSH.
Tim Draper speaking with the LunarCRUSH team
Between Draper Goren Holm and the Draper Venture Network, LunarCRUSH will gain access to partnerships, perks, and capital in addition to other portfolio companies. Potential benefits include enterprise deal making, advisory, and marketing outreach.
Josef Holm, Founding Partner of Draper Goren Holm, spoke about how the platform delivers on a product that users love.
“LunarCRUSH offers insightful metrics for a new era of investing. It is a great example of a team that integrates different elements of Web 3.0 tech to make a product that users love,” Holm said.
Another Founding Partner of Draper Goren Holm, Alon Goren, expressed excitement about leading the round.
“The product is strong. The team is strong. The user growth is strong. Even if we weren’t absolutely in love with this platform, it would be hard to ignore LunarCRUSH because they are made of what every seed investor dreams of,” Goren said.
This announcement comes one month after the fund expanded its partnership with legendary venture capitalist and crypto proponent Tim Draper. LunarCRUSH is the first investment since the fund’s official formation.
“It is an exciting time to be growing a business in the cryptocurrency space. Our platform is helping experienced and new investors discover the power cryptocurrencies can bring to their investment portfolios and their lives. ” Joe Vezzani, Founder and CEO of LunarCRUSH.
About LunarCrush, Inc.
LunarCRUSH helps cryptocurrency investors make better investment decisions by analyzing social discourse and community. They provide alternative data to hedge funds and cryptocurrency exchanges through WebSocket and Rest API’s while also providing valuable community insights to their users through their Web App at LunarCRUSH.com. LunarCRUSH completed the Los Angeles TechStars program in October 2019.
About Draper Goren Holm
Draper Goren Holm was founded as Goren Holm Ventures in 2018, a limited partnership between founders Alon Goren and Josef Holm, then later joined by Tim Draper and rebranded to Draper Goren Holm in 2019. The firm is a venture studio focused on accelerating and incubating blockchain and crypto startups, while simultaneously producing leading blockchain and cryptocurrency events, Security Token Summit and Crypto Invest Summit (CIS). Portfolio companies include Totle, Ownera, Innovesta, LunarCrush, Giftz, Vertalo, Coinsquad, CasperLabs, Element Zero, Blockchain Credit Partners and more. More information can be found right here: https://drapergorenholm.com.