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EPNS Raises $10.1M at $131M Valuation in Series A Funding Round



EPNS Raises $10.1M at $131M Valuation in Series A Funding Round

Ethereum Push Notification Service (EPNS), the communication protocol for Web3 today raises $10.1 Million at a valuation of $131M in Series A funding round.

“We’re proud to announce that EPNS has raised $10.1 million to continue building out the communication infrastructure for the decentralized future,” says Harsh Rajat, the founder of EPNS.

Jump Crypto led the round, with additional participation from Tiger Global, ParaFi, A.Capital, Sino Global Capital, Polygon Studios, Harmony Foundation, Wintermute, Zee Prime Capital, Woodstock Ventures, DCX Ventures, Alpha Wave Capital, Zebpay, TRGC, Signum Capital and iSeedVC.

EPNS also launched its mainnet in mid-January powering 4 million notifications sent to over 44,000 subscribers. Also, it’s working with over 80 projects including Uniswap, Decentraland, MakerDAO, Gitcoin, Polygon, ENS, dYdX, Bancor, Defiant, Coindesk, Aragon, Notional Finance, mStable, Snapshot and more.

“We will use the funding from the Series A to expand the team, grow the user base, and develop beyond the Ethereum ecosystem to stay true to the vision of a multi-chain, interoperable decentralized future,” says Harsh Rajat.

“EPNS will keep perfecting the protocol, building wallet to wallet communication in Web3, and enabling developers and wallets alike to integrate the protocol in the smoothest way possible,” he added.

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Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.