Streamflow Raises $3.1 Million in Seed Round

Published on: 06.03.2022

Streamflow brings simple, secure, and powerful token vesting streams to Solana has raised a $3.1M seed round led by Jump Crypto with participation from Solana Ventures, GBV, Hypersphere, IVC, Genblock Capital, AngelDAO, Paribus Ventures, T3E, AmberGroup, Solidity Ventures, Ratio Finance, Huobi Ventures, and MEXc Labs.

The proceeds will go towards growing the team to build out a powerful, real-time token distribution suite for teams and treasuries on Solana.

Streamflow

Streamflow provides a suite of tools every Solana organization can use to manage and stream value. This suite includes token vesting, payroll and batch payments all on top of a safe, secure multi-sig wallet.

The Streamflow real-time value streaming vision is ultra-flexible and efficient, for this reason, Streamflow already offers the opportunity to cancel or transfer streamed transactions and the team will look to continue innovating with these values in mind.

Malisha, founder of Streamflow

“Programmable blockchains opened a world of possibilities. Streaming payments are one of them. Existing IT and financial infrastructure cannot support and guarantee continuous payments — but low fee, high-throughput blockchain can. This financial primitive is a building block for progressive payroll, fundraising, investing, equity vesting, subscriptions and many more pay-per-usage use cases. We envision a future where one can earn yield on a stream, collateralise it, trade it, break it down into smaller streams or group multiple streams into bigger ones. We envision a future where money never stops, money streams and flows.”

Shanav K Mehta, VP Investments, Jump Crypto

“Latent demand for advanced token vesting and money streaming on Solana has been evident for some time now. As teams become increasingly distributed and projects continue to pay contributors via recurring streams of stablecoins and project tokens, primitives that help pre-program and manage these transactions become increasingly important. The Streamflow team has some of the most talented engineers in the Solana ecosystem building this product at breakneck pace. We couldn’t be more excited to back Streamflow as they build the future of money streaming on Solana.”

Jack Platts, Co-Founder of Hypersphere

“Streamflow is solving a major pain-point that every developer encounters when building their project. By streamlining payroll, vesting schedules, and more, developers are able to focus on building their projects instead of having to worry about sending funds or structuring custom contracts to complete mundane operational tasks. We are excited to support Streamflow in its quest of increasing operational efficiency for teams building on Solana.”

Streamflow Investors

With Jump Crypto as lead investor (Phantom, Neon Labs, Saber, BlockFi, Coinlist, Trading View, and more) Streamflow is gaining a strong partner with an impressive track record in growing and scaling pivotal crypto products.

With T3E, Solana Ventures, MEXc Labs, Hypersphere, Huobi Ventures, Genblock, GBV, AngelDAO, and AmberGroup, Streamflow gains a first-rate, top group of advisors and network both in Solana and across the crypto space.