Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Friday, August 8
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » EtherMail Raises $4M in a Pre-series A Funding Round Led by Tim Draper for Its Web3 Email Solution
Investment & Funding

EtherMail Raises $4M in a Pre-series A Funding Round Led by Tim Draper for Its Web3 Email Solution

EtherMail is the first Web3 email solution, allowing companies to send content to their asset holders based on blockchain-synced real-time information.
Ravi KumarBy Ravi KumarMarch 8, 2023Updated:March 8, 2023No Comments2 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
EtherMail Raises $4M in a Pre-series A Funding Round Led by Tim Draper for Its Web3 Email Solution
EtherMail Raises $4M in a Pre-series A Funding Round Led by Tim Draper for Its Web3 Email Solution
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Web3 email solution EtherMail has raised $4 million in a pre-series A funding round led by Tim Draper’s venture capital firm Draper Associates, with participation from MS&AD Ventures.

The funds will be used to expand the company’s offerings and develop a single sign-on solution, an advertising marketplace solution, and a protective layer for filtering spam.

Last year, EtherMail raised $3 million in a seed funding round led by top VCs Fabric Ventures and Greenfield One. Since then, EtherMail has gained more than 500,000 users and partnered with popular NFT projects including Probably Nothing, Toxic Skulls Club, inBetweeners and Prime Planet.

Tim Draper, Founding Partner of Draper Associates said: “With an expanding partnership network, exciting set of integrations with prominent Web3 platforms, and comprehensive product roadmap on the horizon, EtherMail is gearing up for a massive growth trajectory in 2023 and beyond.”

EtherMail’s email solution also facilitated Web3 voting for Decrypt Studios’ inaugural Crypties Awards 2022, which drew over 10,000 participants. The platform has recently integrated with the Ethereum Name Service and Draper-backed Unstoppable Domains to broaden its reach to millions of users.

Draper Associates, which invested in EtherScan, Skype, and Coinbase, has a reputation for backing early-stage industry disruptors. MS&AD Ventures, a firm investing in cutting-edge solutions in AI, big data, cybersecurity, fintech, insurtech, SaaS, infrastructure and digital health, is backed by MS&AD Insurance Group Holdings, the world’s fifth-largest insurance conglomerate and the leading player in Asia.

Founded by serial entrepreneurs Shant Kevonian and Gerald Heydenreich in late 2021, EtherMail is the first Web3 email solution, allowing companies to send content to their asset holders based on blockchain-synced real-time information. It also allows fully anonymous peer-to-peer communication and rewards its users for reading relevant content in their inbox.

Commenting on the fundraise, Shant Kevonian, CEO and Founder of EtherMail said: “We’re proud to join the likes of Tesla, SpaceX and our partners Unstoppable Domains as Draper-backed innovators. Additionally, the support of MS&AD will be invaluable as we continue our Asian expansion, setting the standard for anonymous and encrypted wallet-to-wallet communication.”

EtherMail has built a reputation for developing a category-leading solution that provides significant value to Web3 companies across the industry spectrum. The company sees itself playing an integral role in incentivising Web2 users to join the Web3 space.

Read Also: Former Dolphin Founders Raises $12.5M in Seed Funding For A Web3 Communication Hub ‘Sending Labs’

Draper Associates Email EtherMail MSAD Ventures Pre-Series A Funding Tim Draper
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Ravi Kumar
  • X (Twitter)
  • LinkedIn

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

More AlexaBlockchain

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

August 5, 2025

Amber Group Leads $10M Investment in GAIB to Accelerate Tokenized AI Compute Economy

July 29, 2025

Dakota Raises $12.5M Series A Led by CoinFund

July 15, 2025

Veda Raises $18M to Scale Its Vault Infra

June 23, 2025

VOYA Games Raises $5M Co-led by 1kx, Makers Fund

May 21, 2025

Animoca Brands Invests in Astar to Boost Sony’s Web3 Entertainment Push

May 21, 2025
Add A Comment

Comments are closed.

Don't Miss

Shardeum Revives ‘Proof of Keys’ Movement With Self-Custody Airdrop Program

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

Star System Labs Launches Nebula Miner, The First Permissionless Meme Coin Mining Protocol

RWA Inc. Launches the First Fully On Chain Private Investor Platform

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.