Fundraising Fox
/Companies
Sign in

Bifrost

DefunctYC W22

San Francisco, US · Founded 2021 · 4 employees · 10 known investors

Find your way into Bifrost

Sign up to see every warm intro you have to Bifrost

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Bifrost team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

Bifrost develops smart contracts that enable automated asset transfer upon death, allowing heirs to claim cryptocurrency holdings from self-custody wallets.

Also known as Hapi Finance Inc. · Hapi Finance · Hapi Finance, Mysterious.IO, Mysterious · Mysterious · Mysterious.IO

Crypto & Web3FintechCrypto / Web3FinanceCryptographyUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W22)

Bifrost was founded in 2021 by Kartik Sathappan and Samraaj Bath.

KSKartik Sathappan
Kartik SathappanFounderuntil 2023Kartik Sathappan is a GP at Families Fund and co-host of the Pirate Wires podcast. He previously founded Bifrost (Y Combinator W22) and held roles at Panda, Neighborly, Intuit, Apple, and HBO.
SBSamraaj Bath
Samraaj BathFounderuntil 2023Samraaj Bath is the CEO of ion design and a two-time Y Combinator founder. He has held roles as a CTO, product manager, design team manager, and full stack engineer, with prior founding experience including an ice cream company and a birthday wishing app.
BWBen Wong
Ben WongFounderFounder at DimOrder
RK
Rebekkah KandiahFounder

Investors · 10

Caruso VenturesreportedColorado · $500K – $2.5M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Champion Hill Venturesreported$500K – $1M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

DVCreportedRotterdam

How we know: Y Combinator's founder network · Not right? Tell us

FoundersreportedSan Francisco · $250K

How we know: Y Combinator's founder network · Not right? Tell us

Orange DAOreportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

Protocol LabsreportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

Streamlined VenturesreportedPalo Alto · $100K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

TechstarsreportedBoulder · $220K

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Wavemaker PartnersreportedSingapore · $100K – $2.5M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

$2.5M disclosed across 1 round · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Bifrost went on to found or lead other companies.

Ben WongFounderFounded DimOrder +1Samraaj BathFounderFounded ion design

Related companies · 4

Argument Computer CorporationArgument builds systems for verifiable computing by combining zero-knowledge cryptography, formal verification, and distributed consensus technologies. Its work targets blockchain interoperability and provable software execution.
AYC FundAYC Fund is an AI-driven quantitative trading firm that combines machine-learning research and automated execution to manage private systematic investment programs for qualified clients in digital assets. The firm operates under YC backing and serves institutional investors through dedicated investment vehicles.
BlazeBlaze provides a digital payments and prepaid card platform for cross-border transfers and peer-to-peer transactions globally. The service supports multiple currencies and payment methods to facilitate international money movement for travelers and remote workers.
Spruce SystemsSpruceID provides digital identity systems for governments and regulated industries, enabling secure verification and authentication across legacy and modern infrastructure. The company specializes in integrating identity solutions with existing workflows, using open standards to ensure interoperability and long-term flexibility.

Companies working in the same space as Bifrost.

Legal entities · 1

corporate structure
Hapi Finance Inc.

Frequently asked questions

What does Bifrost do?
Bifrost develops smart contracts that enable automated asset transfer upon death, allowing heirs to claim cryptocurrency holdings from self-custody wallets.
Who founded Bifrost?
Bifrost was founded by Kartik Sathappan, Samraaj Bath in 2021.
Who are Bifrost's investors?
Bifrost's investors include Y Combinator, Caruso Ventures, Champion Hill Ventures, DVC, Founders, Orange DAO, Protocol Labs, Streamlined Ventures and 2 more.
How much funding has Bifrost raised?
Bifrost has disclosed $2.5M raised across 1 round.
Where is Bifrost headquartered?
Bifrost is headquartered in San Francisco, US.