Ape Board is a technology company.
Ape Board has raised $1.0M across 1 funding round.
Ape Board has raised $1.0M in total across 1 funding round.
Ape Board is a cross-chain DeFi dashboard that provides users with a unified snapshot of their yield farming assets, net worth, claimable rewards, and portfolio performance across multiple blockchains and protocols.[1][3] It serves DeFi investors and traders by solving the fragmentation of tracking assets on diverse networks like Ethereum, Binance Smart Chain, Solana, Polygon, Terra, and Avalanche, supporting over 375-397 protocols without requiring login—just input a wallet address.[1][3][4] Additional tools like Ape Radar (yield farming comparison), Ape Bridge, and Ape Blender enhance navigation and decision-making, bundling EVM and non-EVM wallets for holistic views including profit/loss versus BTC/ETH benchmarks.[3]
The platform gained strong early traction in the DeFi space, raising over $1M from backers including Nansen, SCB 10X, Longhash Ventures, and Do Kwon, before being acquired by Nansen in 2022 for more than $10M to integrate portfolio tracking into an "all-in-one super app" for on-chain analytics.[3][4][6]
Ape Board was founded by Mike Phulsuksombati, who serves as CEO and co-founder, with the platform launched around 2021 to address the growing complexity of multi-chain DeFi portfolios.[1][4][6] Built "by apes, for apes," it emerged during the DeFi boom, offering easy cross-chain tracking amid the explosion of protocols on networks like Ethereum and Binance Smart Chain.[1][3] Early milestones included rapid adoption for its no-login interface and support for 77+ protocols initially, expanding to 397 across 36 networks, plus unique Ape Tools for yield optimization.[1][3]
Backed by prominent investors like Nansen, SCB 10X, Longhash Ventures, CryptoJ, SPARTAN, and Terra's Do Kwon, it secured $1M+ in funding, fueling growth until its pivotal 2022 acquisition by Nansen, which Phulsuksombati noted would "supercharge" both products.[4][6]
Ape Board rode the 2021 DeFi summer wave, where yield farming fragmented across chains, creating demand for unified dashboards amid rising TVL and protocol proliferation.[1][3] Its timing capitalized on multi-chain expansion (e.g., Solana, Polygon booms) and non-EVM growth, enabling traders to monitor "whale" moves like Alameda’s without multiple apps.[4] Market forces like DeFi's maturation and analytics needs favored it, influencing the ecosystem by standardizing portfolio tracking and inspiring integrations—its Nansen acquisition accelerated on-chain intelligence, blending tracking with deep analytics for better market signals in a $100B+ DeFi space.[3][4]
Post-acquisition, Ape Board powers Nansen's expanded offerings, likely evolving into advanced features like AI-driven insights and Web3 communication tools amid maturing DeFi and L2 scaling trends.[4] Rising institutional adoption, real-world asset tokenization, and regulatory clarity could amplify its role, with multi-chain interoperability (e.g., via bridges) shaping growth. As DeFi TVL rebounds, its influence may grow through Nansen's "definitive Web3 super app," tying back to its origins as the go-to snapshot for fragmented yields—positioning it for sustained relevance in on-chain finance.[3][4]
Ape Board has raised $1.0M in total across 1 funding round.
Ape Board's investors include Multicoin Capital, Wave Financial.
Ape Board has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $1.0M Seed | Multicoin Capital, Wave Financial |