The social media analytics platform is broadening its scope from digital asset trading to enable users to explore any subject.
LunarCrush, the leading platform empowering users to make confident crypto investment decisions based on social media trends, has successfully raised an impressive $5 million in a Series A funding round. This round was co-led by the renowned investment network Draper Round Table, founded by the esteemed venture capitalist Tim Draper, and INCE Capital.
Notable investors who participated in the round include Draper Associates, WWVentures, TRGC, Bitcoin Frontier Fund, Draper Goren Holm, Blockchain Founders Fund, Side Door Ventures, MoonPay, EMURGO, LBANK Labs, FUNFAIR Ventures, and Techstars.
Established in 2018 and headquartered in Los Angeles, LunarCrush initially focused on collecting social media data on digital assets, non-fungible tokens (NFTs), and stocks, enabling users to make informed trading decisions based on prevailing trends.
Excitingly, LunarCrush will soon unveil the beta version of its groundbreaking Social Search tool, opening up a whole new realm of possibilities for users. Unlike before, they will now be able to search for any topic on the platform, expanding beyond the realm of financial products. This innovative tool empowers users to conduct comprehensive searches across all social media platforms, extracting the most relevant content related to their defined interests.
In the words of LunarCrush CEO Joe Vezzani, “What you see in your feed is designed for you by someone else. We are letting people design their own algorithms by following topics across social media that matter to them the most and distilling signal from the noise.” With this powerful new tool, LunarCrush is revolutionizing how users discover and harness valuable insights, putting control back into their hands.