Laevitas raises $2.5 million seed round

Laevitas is a data analytics platform based on quantitative finance models for the crypto-asset market. The company aims to provide analysis by implementing mathematical models on data from a variety of crypto-asset derivatives markets. Today, the platform serves more than 2000 daily active users and several hedge funds, market makers and trading firms.

Over the coming months, the startup will launch a new user interface, features and integrations with other leading projects in the space that will allow for seamless access to data and analytical tools. Aside from the currently available data points, the roadmap consists of integrating new tools on pricing crypto exotics, risk management using spot/vol ladders, spread analytics and vol curve construction.

These activities will be funded by the capital received in Laevitas’ seed round under the co-investment lead of Three Arrows Capital and DeFiance Capital. Further participants in the round include CMS, Astronaut Capital, Isaac Mung & Rick M from Orca Global, Gavin from Forward Analytics and other strategic angels.

The proceeds will further help Laevitas expand its analytics and research suite on the crypto derivatives market and provide comprehensive tools in under addressed areas such as DeFi derivatives, options pricing and risk management. The team has grown to 20 people, and this round will allow it to boost its growth of users and ecosystem partners.

Strategic partnership
The institutionalization of the crypto derivatives space is moving rapidly, and the need to be at the forefront of innovation is key. Laevitas and leading crypto funds are joining forces to leverage its expertise in pushing access to high-quality data and research, focusing on new financial instruments and DeFi protocols.

Laevitas incorporated in Canton Vaud, was co-founded by Hassen Naas, a former employee at the World Economic Forum one of his roles was Project Specialist, Data - and founder of Naas Capital. Naas is based in Switzerland leading the Laevitas' team across the world.

(Press release/RAN)
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