Onramp Invest Raises $6M in Seed Funding
Onramp Invest, a San Diego, CA-based iPaaS technology company that provides access to cryptoassets for RIAs, raised $6m in seed funding.
Backers included Coinbase Ventures, Eterna Capital, Fox Ventures, Galaxy Digital, Galaxy Fund Management, Gemini Frontier Fund, Ritholtz Wealth Management and WisdomTree.
The company intends to use the funds to expand its service offering to RIAs, explore broker-dealer registration, and increase the size of its engineering team.
Led by Tyrone Ross, Jr., Chief Executive Officer, Onramp Invest provides three things to RIAs including education, access, and tools (EAT), from viewing held-away cryptoassets to enabling advisers to trade on behalf of their clients to accessing educational resources about cryptoassets at Onramp Academy.