Fundraising Fox

Fedi

Austin, US · Founded 2022 · Delaware corporation · 5 known investors

Fedi is a mobile wallet application that integrates messaging, financial transactions, and mini-apps within a community-controlled network powered by Bitcoin. It enables hyperlocal communities to manage money and communications through a decentralized architecture.

Crypto & Web3FintechSocial

Founders & leadership

Fedi was founded in 2022 by Obinna Nwosu and Justin Moen.

ON
Obinna NwosuCo-founder
JM
Justin MoenCo-founder

Board

JBJeffrey Booth
Jeffrey BoothBoard directorFounding Partner at ego death capital

Investors · 5

Hivemind Ventures, Llcvia Max Webster · inferred
Recursive Capital
Trammell Venture Partners (TVP)Austin
Concentricreported · 2 sourcesLondon · $635K – $6.3Mvia Alex Mann · inferred
Trammell Venture PartnersreportedAustin

Reported raises · per SEC filings

Form D private placements

$19.2M disclosed across 1 round · 2023

▶$19.2MraisedApr 2023 · 13 investors · Other
Rule 506(b)
Fedi, Inc. Announces Raising $17M in Series A Roundfedi.xyz · May 2023
Officers, directors & promoters on the filing
  • Obinna NwosuExecutive Officer, Director
  • Justin MoenDirector
  • Jeffrey BoothDirector
Offering amount
$21.2M
Amount sold
$19.2M
First sale
Mar 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
SoundCloud4 shared keywordsAudio distribution and music-sharing platform for artists and creators.

Companies competing with Fedi for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Fedi: Financial And Data Technology Company Secures $17 Millionpulse2.com · May 2023Nigerian Btrust board member raises $17 million to drive bitcoin adoption via communitiesmariblock.com · May 2023Fedi Raises $17M in a Bid to 'Accelerate the Adoption of Bitcoin and Lightning' - Decryptdecrypt.co · May 2023Fedi Raises $17M in Series A Fundingfinsmes.com · May 2023Fedi, Inc. Announces Raising $17M in Series A Roundfedi.xyz · May 2023Fedi Raises $17 Million In Fundraising Round Led By Ego Death Capitalbitcoinmagazine.com · May 2023Fedi, Inc. Announces Raising $17 Million in Series A Roundprnewswire.com · May 2023Fedi Raises $4M to Scale Bitcoin Custody with Fedimintbitcoinmagazine.com · Jul 2022

Frequently asked questions

What does Fedi do?
Fedi is a mobile wallet application that integrates messaging, financial transactions, and mini-apps within a community-controlled network powered by Bitcoin. It enables hyperlocal communities to manage money and communications through a decentralized architecture.
Who founded Fedi?
Fedi was founded by Obinna Nwosu, Justin Moen in 2022.
Who are Fedi's investors?
Fedi's investors include Hivemind Ventures, Llc, Recursive Capital, Trammell Venture Partners (TVP), Concentric, Trammell Venture Partners.
How much funding has Fedi raised?
Fedi has disclosed $19.2M raised across 1 round.
Where is Fedi headquartered?
Fedi is headquartered in Austin, US.