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§ Private Profile · Draper, UT, USA
Mobile crypto wallet for buying, holding, sending, trading, earning passive income, and shopping with cryptocurrency.
Giddy has raised $14.9M across 2 funding rounds.
Key people at Giddy.
Giddy was founded in 2021 by Tyler Scott Ward (Founder and President).
Giddy has raised $14.9M in total across 2 funding rounds.
Giddy, based in Draper, Utah, United States, develops a self-custody mobile crypto wallet that enables users to buy, hold, send, trade, and earn passive income from cryptocurrencies within the decentralized finance (DeFi) ecosystem. The platform is designed to provide safe and easy access to DeFi opportunities without asset lockup periods, giving users full control over their digital assets. The company has secured $14.9 million in total funding across two rounds, including an $8 million seed round led by Pelion Venture Partners, with additional investment from individuals such as Blake Murray (Divvy), Jeremy Andrus (Traeger), and Davis Bell (Canopy). Operating with fewer than 25 employees, Giddy reported revenue below $5 million. Founded in 2021, the company's co-founders include Eric Parker, Ethan Parker, and Erick Parker.
Giddy was founded in 2021 by Tyler Scott Ward (Founder and President).
Giddy has raised $14.9M in total across 2 funding rounds.
Giddy's investors include Geremy Mustard, Clarke Capital, Peak Capital Partners, Pelion Venture Partners, Blake Murray, Brandon Fugal, Davis Bell, Derek White, Eric Child, Eric Varvel, Jared Hutchings, Jeff Burningham.
Giddy is a blockchain and cryptocurrency technology company founded in 2021, focused on making decentralized finance (DeFi) accessible to a broad audience through its self-custody smart wallet. The product enables users to buy, send, trade, and earn cryptocurrency, simplifying interaction with DeFi protocols and staking opportunities. Giddy serves crypto users who seek a user-friendly, secure way to engage with DeFi, addressing the complexity and barriers typically associated with decentralized finance. The company has demonstrated strong growth momentum, surpassing $10 million in DeFi trade volume during its private beta despite challenging market conditions[2][5].
Giddy was founded in 2021 in Draper, Utah, by a team aiming to democratize access to DeFi. The idea emerged from the recognition that many potential users find DeFi complicated and inaccessible. Early traction included successful private beta testing and partnerships, such as with Coinbase Cloud, to enhance staking functionality and broaden user access. The company has raised significant funding, totaling nearly $15 million, to support its mission and product development[2][5].
Giddy rides the wave of increasing interest in decentralized finance and blockchain technology, a sector growing as users seek alternatives to traditional finance. The timing is favorable due to rising crypto adoption, demand for financial sovereignty, and innovations in smart contract technology. Market forces such as regulatory clarity and institutional interest in DeFi also support Giddy's growth. By lowering entry barriers, Giddy contributes to a more inclusive crypto ecosystem, promoting decentralization and user empowerment[2][5].
Looking ahead, Giddy is positioned to expand its user base by continuing to simplify DeFi access and adding features that enhance usability and security. Trends like growing institutional adoption of crypto, regulatory developments, and increasing demand for decentralized financial products will shape its trajectory. Giddy's influence may grow as it helps mainstream users adopt DeFi, potentially becoming a key player in bridging traditional finance and decentralized systems.
This forward momentum ties back to Giddy's core mission: to democratize decentralized finance and make it accessible to all, reflecting a broader shift toward user-centric financial technologies[2][5].
Giddy has raised $14.9M across 2 funding rounds. Most recently, it raised $6.9M Other Equity in April 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 27, 2023 | $6.9M Venture Round | — | Geremy Mustard, Clarke Capital, Peak Capital Partners, Pelion Venture Partners | Announced |
| Jan 15, 2022 | $8M Seed | Pelion Venture Partners | Blake Murray, Brandon Fugal, Davis Bell, Derek White, Eric Child, Eric Varvel, Jared Hutchings, Jeff Burningham, Jeremy Andrus, Kirk Ouimet, Reed Quinn, Scott Paul, Shaun Neff, Travis Chambers, Sepio Capital | Announced |
Key people at Giddy.