Coinshift
Coinshift is a technology company.
Financial History
Coinshift has raised $18.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Coinshift raised?
Coinshift has raised $18.0M in total across 2 funding rounds.
Coinshift is a technology company.
Coinshift has raised $18.0M across 2 funding rounds.
Coinshift has raised $18.0M in total across 2 funding rounds.
Coinshift is a non-custodial, multi-chain treasury management platform that enables organizations to handle onchain finances, including payments, accounting, and asset management, all while maintaining self-custody of funds.[1][2][3] It serves web3 businesses, DAOs, and crypto-native teams—such as Gitcoin, UMA, Aave, Zapper, and Uniswap—solving fragmented financial operations by unifying tools into a single dashboard that supports mass payouts, automated bookkeeping, and yield strategies across chains like Ethereum, Polygon, and Arbitrum.[1][2][4] With over $1B in payments processed and assets managed for 300+ organizations, Coinshift delivers gas-efficient transactions (up to 90% savings), real-time portfolio tracking, and compliance-ready reporting, streamlining what was previously a nightmare of multi-tool workflows, opaque tx hashes, and regulatory hurdles.[3][4]
Coinshift, formerly known as MultiSafe, emerged to address the complexities of managing crypto treasuries for onchain organizations, building on Safe's battle-tested smart contracts.[3][6] While specific founders are not detailed in available sources, the company gained early traction with major web3 clients handling over $1B in assets, culminating in a $17.5M Series A in 2022 backed by Tiger Global, Sequoia, ConsenSys, and Polygon.[1] Pivotal moments include processing $700M+ in payments early on and expanding to serve high-profile DAOs, evolving from basic multi-sig enhancements to a full treasury stack amid rising onchain capital flows.[1][3]
Coinshift rides the surge of onchain capital—DAOs, institutions, and DeFi protocols shifting billions from TradFi to blockchains—capitalizing on multi-chain fragmentation and the need for efficient treasuries amid volatile crypto markets.[1][2] Timing aligns with maturing infrastructure like Safe, Optimism, and Base, where gas costs and tx complexity previously hindered operations; Coinshift's efficiencies (e.g., batched payouts) unlock scalability as adoption grows.[2][4] It influences the ecosystem by boosting transparency for communities/investors, enabling strategic finance focus over ops drudgery, and fostering a networked economy of yield via shared vaults—positioning it as infrastructure for web3 banking without bank restrictions.[1][3]
Coinshift is primed to dominate onchain treasury as capital inflows accelerate, with upcoming features like EOA tracking, vesting analytics, payment requests, and automated flows set to further automate month-end closes and expand to more chains.[2][4] Trends like institutional DeFi adoption, real-world asset tokenization, and AI-driven finance will amplify demand for its stack, potentially scaling to trillions in managed assets via network incentives. Its influence may evolve from tool provider to ecosystem orchestrator, empowering businesses to thrive onchain—fast-forwarding the vision where crypto meets operational simplicity.[1]
Coinshift has raised $18.0M in total across 2 funding rounds.
Coinshift's investors include AirAngels, Andreessen Horowitz, AngelList, Blockchain Founders Fund, Chapter One Ventures, DFJ, Dream Machine, Electric Ant, Elephant Partners, First Round Capital, Index Ventures, Infinity Ventures Crypto.
Coinshift has raised $18.0M across 2 funding rounds. Most recently, it raised $15.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $15.0M Series A | AirAngels, Andreessen Horowitz, AngelList, Blockchain Founders Fund, Chapter One Ventures, DFJ, Dream Machine, Electric Ant, Elephant Partners, First Round Capital, Index Ventures, Infinity Ventures Crypto, Lightspeed India Partners, Lowercarbon Capital, Montauk Ventures, NFX, Not Boring Capital, Oak HC/FT, Primary Venture Partners, RET Ventures, Rubicon VC, Seven Seven Six, Shaan's All Access Fund, Silicon Valley Connect, SRB Ventures, The Hit Forge, Tiger Global Management, Todd and Rahul's Angel Fund, Weekend Fund, WorkLife Ventures, Adar Zango, Alex Adelman, Daniel Pourasghar, Dylan Field, Eric Wu, Evan Moore, Jeff Morris, Julian Shapiro, Neil Parikh, Nick Caldwell, Reggie James, Richard Laxer, Ron Pragides, Sri Batchu, Trevor McFedries | |
| Sep 1, 2021 | $3.0M Seed | Chapter One Ventures, The Hit Forge, Todd and Rahul's Angel Fund, Weekend Fund, WorkLife Ventures, Jeff Morris |