Cryptocurrency-enabled investment search engine Vincent raises $6 million

Vincent, an alternative asset investment search engine created by the founders of crowdfunding site Indiegogo, has raised $6 million in a round led by entrepreneur Jason Calacanis’ LAUNCH fund. Investment firms 8VC and Digital Currency Group (the parent company of CoinDesk) also participated.

Vincent had already raised $2 million in a fundraising round in Decemberwhen the platform is exited from a test mode.

Vincent tracked $3.3 billion in investment opportunities last month and saw users deploy around $100 million in capital, the company said.

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Crypto accounted for 12% of asset searches on Vincent in June. The most popular searches were for venture capital at 28% and real estate at 26%. The crypto search figure for June was down 4% from May as the category dropped out of the top five segments.

“There was a bit of a dip for crypto in June, and I think that parallels interest rate and inflation concerns, so you saw a bit of a shift towards currency-focused assets. yield, like real estate and debt in the past two months,” Vincent founder Slava Rubin said in an interview.

Still, startups focused on cryptocurrency and blockchain technology are the leaders under the platform’s venture capital research umbrella, ahead of topics like artificial intelligence and cannabis, Rubin added. .

“When we launched in November, crypto wasn’t in the top five in startup industry searches,” Rubin said. “But now it’s number one month after month.”

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