Company Overview
Snapshot
Founded in January 2018 by Yael Tamar, DIBS Capital operated with 11–50 employees. The company raised $4.15 million across four funding rounds from three investors. In April 2022, the company received an investment after winning the Draper-Aladdin Startup Competition.
Business overview
DIBS Capital developed a multi-broker network to facilitate a market for the sale of secondary shares of private companies. The company's platform utilized Web3 technology to digitize the process, aiming for transparent, secure, and compliant transactions, alongside seamless broker affiliation. DIBS Capital operated within the Fintech & Insurtech sector, targeting financial services, investment, and capital markets globally.
Strategic signal
DIBS Capital ceased operations in July 2024, indicating a significant strategic shift and the conclusion of its efforts in building a multi-broker network for private share sales. This event signals to investors and innovation teams the inherent risks and challenges within the fintech and blockchain-enabled secondary market space, despite earlier funding and competition wins.
Company Intelligence Q&A
- What is DIBS Capital's primary business?
- DIBS Capital developed a multi-broker network to facilitate the sale of secondary shares of private companies, utilizing Web3 technology for transparent and compliant transactions.
- When was DIBS Capital founded?
- DIBS Capital was founded in January 2018.
- What was the company's status as of July 2024?
- DIBS Capital ceased to operate in July 2024.
- Which investor participated in a funding round in December 2021?
- In December 2021, Draper Goren Holm participated in a seed funding round for DIBS Capital.
- Which investor participated in a funding round in December 2019?
- In December 2019, BuiltUp Ventures (BUV) participated in a seed funding round for DIBS Capital.