Last deal

$500K

Amount

Series A

Stage

26.01.2024

Date

3

all rounds

$1.72M

Total amount

date founded

Financing round

General

About Company
ThoreCoin offers a tokenized investment platform.

Industry

Sector :

Subsector :

Also Known As

THR

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

ThoreCoin's platform, ThoreCoin 2.0, is set to launch soon and will leverage artificial intelligence (AI) to provide optimized security token-based solutions. The company aims to lead the charge in the world of Transaction Finance by offering users significant savings on transaction fees. ThoreCoin also plans to integrate its platform with the Thore exchange, uniting five decentralized finance projects into a single protocol. The company has gained traction in the crypto space and is led by Alok Kumar, a seasoned crypto investor. ThoreCoin's exchange operates as a non-custodial platform, processing orders without directly handling users' digital assets.
Contacts

Contact Email

Social url

Financials

Funding Rounds
7
3

Number of Funding Rounds

$1.72M

Money Raised

Their latest funding was raised on 26.01.2024. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
26.01.2024
$500K
21.08.2023
$200K
Grapes IT Solutions

Grapes IT Solutions

Payment

count Of Investments

1
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series B
Grapes IT Solutions

Grapes IT Solutions

Payment

count Of Investments

1
Acquisitions
4
Acquiree Name 
Date 
Price 
Acquisition Name 
TCHApp acquired by Thore Network

TCHApp acquired by Thore Network

acquirer

Thore Network
Thore Network

date

02.06.2023

type

Acquisition

price

$100K
TCHApp

TCHApp

TCHApp, the native token of the iOS crypto and digital asset exchange, is an integral part of the Thore Network.

Sector

Investment Banking and Brokerage Services

Subsector

Investment Services

Keywords

Cryptocurrency, Blockchain, FinTech
ThoreCash acquired by Thore Network

ThoreCash acquired by Thore Network

acquirer

Thore Network
Thore Network

date

20.05.2023

type

Acquisition

price

$300K
ThoreCash

ThoreCash

ThoreCash is a blockchain network that connects fundraisers and investors, eliminating the need for third parties.

Sector

Investment Banking and Brokerage Services

Subsector

Investment Services

Keywords

Blockchain, Financial Services, Information Technology
ThoreNext acquired by Thore Network

ThoreNext acquired by Thore Network

acquirer

Thore Network
Thore Network

date

16.05.2023

type

Management Buyout

price

$700K
ThoreNext

ThoreNext

Thorenext is a blockchain and IoT-based ecosystem for launching decentralized tokens.

Sector

Software and Computer Services

Subsector

Software

Activity

Recent News
0