Surf, an AI platform for digital assets that aims to help institutions and individual investors analyze projects, better understand markets, and make better investing decisions, has raised $15 million, according to a release.
The funding round was led by Pantera Capital, with Coinbase Ventures and Digital Currency Group joining.
Surf is a service that combines proprietary models built for digital asset analysis with data, which is designed to provide greater accuracy than general-purpose systems lack.
Its first model, Surf 1.0, the service was said to have outperformed competitors by up to 4x.
Surf’s platform uses a multi-agent architecture that analyzes social sentiment, onchain activity, and token and market behavior, providing insights that are delivered through a chat interface.
The funding will support Surf 2.0, a more advanced platform that will include expanded proprietary datasets and new agents capable of executing multi-step workflows typically handled by analysts.
“When people make financial decisions, they want information they can trust. Generic AI tools aren’t built for that,” said Ryan Li, co-founder and CEO of Surf.
Launched in July, Surf reports “millions” in recurring revenue, 50% month-over-month growth, and broad utilization across exchanges and research firms.
