Jeeves Raises $110 Million From CoinFund And Others In Funding Round

Jeeves, led by CEO and founder Dileep Thazhmon, raised $110 million in a round led by CoinFund, with participation from AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC and others. The company said its stablecoin business surpassed $1.5 billion in annualized volume in eight months, while revenue grew more than 50% in recent months and annualized total payment volume topped $5 billion. FOUNDER: Dileep Thazhmon INVESTORS: CoinFund, AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, Financial Technology Partners / FT Partners, ParaFi Capital, SquareOne Capital, Vista, Wintermute Ventures, Y Combinator, Zach Abrams, Sean Neville, Henri Stern, Prabhakar Reddy, Karan Shah, Sam Broner & Ricardo Marino AMOUNT: $110,000,000 HQ: Miami, Florida #VentureCapital #Jeeves #DileepThazhmon #TradedVC