Messari, the crypto information and data services firm, has acquired crypto fundraising intelligence database Dove Metrics of Blackrose Capital, the company announced in a statement on Tuesday.
Further details of the deal were not disclosed. But the acquisition is part of the company’s goal in “creating greater transparency around the industry,” Eric Turner, Messari vice president of market intelligence, said.
“The acquisition of Dove Metrics will enable us to offer new datasets and tools that further allow our users to stay on top of industry trends and monitor, in real time, the top projects and technologies that investors are backing,” Turner added.
Following the acquisition, Messari integrated the Dove Metrics dashboard to its platform and made the newly added data available to its subscribers.
Dove Metrics’ database tracks over 8,000 investors, including venture capital (VC) funds, hedge funds, investment decentralized autonomous organizations (DAOs), corporate funds and angel investors, the company said in its statement. The database also provides insight into around 3,000 funding rounds and hundreds of merger and acquisition transactions.
Dove Metrics started operations in 2020. The company has been led by Regan Bozman and Pierre Chuzeville, who also run early-stage crypto venture capital fund Lattice Capital.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://www.theblock.co/post/160992/messari-acquires-crypto-fundraising-intelligence-database-dove-metrics?utm_source=rss&utm_medium=rss