Company Overview
Snapshot
Founded in June 2022 by Michelle Latzer, Udi Hakim, and Julie Tauber, Tweed operates with 11–50 employees. The company has raised $4 million across one funding round, securing investment from Accel and Michael Vaughan. In August 2022, Tweed received seed funding, with Accel participating as a lead investor.
Business overview
Tweed provides a self-custodial key management solution, a white-label wallet, and onramp/offramp connectivity for platforms integrating Web3 elements. The company's core technology includes an SDK that enables Web2 users to onboard seamlessly into Web3 environments through various login options and account recovery features. Tweed serves enterprises and commerce & retail sectors, allowing platforms to offer fiat-to-NFT and crypto onramp solutions while offloading regulatory custody burdens.
Strategic signal
In March 2023, Tweed was highlighted for its crypto wallet API, designed to integrate Web3 functionalities into any web service. This signals the company's focus on simplifying Web3 adoption for non-crypto native users and platforms, positioning it as a key enabler for broader Web3 integration across various online services.
Log in to access full profile ›Company Intelligence Q&A
- When was Tweed founded and by whom?
- Tweed was founded in June 2022 by Michelle Latzer, Udi Hakim, and Julie Tauber.
- How much funding has Tweed raised?
- Tweed has raised $4 million in a seed funding round in August 2022.
- Which investors participated in Tweed's seed funding round?
- In August 2022, Tweed received seed funding with Accel as a lead investor, alongside participation from Michael Vaughan.
- What is the strategic focus of Tweed's technology?
- Tweed's technology focuses on enabling Web2 users to seamlessly transition into Web3 by offering user-friendly onboarding, account recovery, and a white-label payment layer with fiat-to-NFT and crypto onramp solutions, aiming to simplify Web3 integration for platforms.