by TechCrunch, the seed funding round was supported by a diverse group of investors, including venture capital firms Lobby Capital, Relay Ventures and 6th Man Ventures, as well as Tapestry, Upside and Scribble. Additionally, the round featured angel investors with backgrounds in traditional social media and Web3, including former executives from Instagram, Novi, Airbnb, Twitter, Uber, OpenTable and Eventbrite.
8/ Easy is backed by Lobby Capital, Relay Ventures, 6th Man Ventures, Tapestry VC, Upside Partnership, Scribble Ventures and other experienced social and web3 Investors.The wallet is said to be available to the public on iOS and Android after completing a 30-day private testing phase. According to Easy’s CEO, Mike Dougherty, the company aims to combine user-curated profiles with engaging social features so that people can search, navigate and discover the world of Web3 on their own.
In the first two quarters of 2022, Venture Capital inflows were over $14 billion, and even though it receded to just under $5 billion in the third quarter, that was still a substantial amount given the negative impact of the sudden collapse of several prominent players in the industry, such as Celsius, Three Arrows Capital, BlockFi and FTX. Venture capitalist funding for the 2023 remains yet to be seen.
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