Dwellfi Raises $3M in Seed Funding for AI, Blockchain, and Tokenization Solutions for Private Funds and Fund Administrators

Palo Alto-based company Dwellfi has secured $3 million in Seed funding from E1 Ventures, Stanford Blockchain, Hustle Fund, Blockchain Coinvestors, and Fortified Ventures. The funds will be used to expand operations and development efforts for its AI, blockchain, and tokenization solutions for private funds and fund administrators. DwellFi's SaaS platform is SOC-2 certified and caters to enterprise clients managing private funds, with over $200 billion in assets under administration. CEO Kumar Ujjwal said the investment marks a significant step towards the company's mission of transforming asset management through digital excellence.