PYOR raises $4 Mn in seed round led by Castle Island Ventures

PYOR (Power Your Own Research), an enabler of high-fidelity data and insights for the global digital assets industry, has raised $4 million in its seed round led by Castle Island Ventures, with additional investment from Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures, and angel investor Balaji Srinivasan.

PYOR will expand its core infrastructure and product platform, specifically by enhancing its interpretation layer for digital assets, the company said in a press release. The funds will also be allocated towards team expansion in India and hiring for various new positions.

Founded in August 2022, PYOR claims to provide key insights on digital assets through a desktop analytics interface. Its target customer segments include analysts at global asset management companies, hedge funds, investment banks, wealth advisors, crypto entities (exchanges, projects), and venture capital. 

Currently, in private beta, the company recently introduced its new product called Terminal. It’s a plug-and-play data terminal that enables institutions to access fundamental blockchain data and create private queries through a customised dashboard tailored to their requirements.