February 19, 2025
Fomo has closed a $2 million Pre-Seed funding round, drawing participation from over 140 angel investors. The round brought together a diverse group of backers, including executives, founders, and traders from across the crypto ecosystem. Among the investors were Raj Gokal (Solana), Bryan Pellegrino (LayerZero Labs), Marc Boiron (Polygon Labs), and executives from Sei, Berachain, and Wintermute. The funding structure was designed to include strategic partners who have been involved in the project’s early development.
The company recently launched its Closed Alpha on TestFlight and is gradually onboarding users while refining its platform ahead of a broader rollout. Over 95,000 users have joined the waitlist. Fomo’s team includes professionals with experience at firms such as dYdX, Uniswap, OpenSea, Square, and Two Sigma, many of whom have worked together previously at dYdX. The company plans to expand testing in the coming weeks and introduce additional features before making the platform publicly available.
About Fomo
Fomo is a crypto fundraising platform focused on connecting investors, builders, and operators in the blockchain sector. It aims to streamline investment processes and provide tools for crypto projects and traders. The team consists of industry professionals with backgrounds in leading blockchain and financial firms.
Website: https://fomo.family/
X: @tryfomo
About Investors
Fomo’s Pre-Seed round was backed by more than 140 angel investors, including figures from major blockchain ecosystems and crypto trading firms. The investor group includes company founders, executives, and industry operators, reflecting a broad range of expertise and market involvement.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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