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Upshot Raises $7.5M Series A Round

2021-05-06
BOSTON, MA, Upshot today announced that it has raised $7.5 million in Series A funding.
Upshot, a blockchain-based protocol that incentivizes experts to answer subjective questions honestly, today announced that it has raised $7.5 million in Series A funding co-led by Framework Ventures, CoinFund and Blockchain Capital with additional investments from Slow Ventures, Mechanism Capital, Delphi Digital, CMS Holdings, Stani Kulechov, Kain Warwick, Ryan Selkis, and more.

Upshot is a blockchain-based protocol that incentivizes experts to answer subjective questions honestly and captures the value of truth. The company's first product - Upshot One - is designed to provide efficient valuations of non-fungible tokens (NFTs), unlock opportunities for a new generation of appraisers and catalyze powerful new innovations in the field of decentralized finance. Upshot is currently available in Beta and will continue to open up more spots as they become available. You can learn more about Upshot, its capabilities and sign up for the Beta at https://upshot.io.
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