Saros Raised $3.75M in Private Round from Solana Ventures, Hashed, Spartan, Arche Fund

Saros Raised $3.75M in Private Round from Solana Ventures, Hashed, Spartan, Arche Fund

Saros, the Solana-based Defi product, has successfully raised $3.75M in a private funding round. The round was concluded at the end of 2022 with the participation of Solana Ventures, Hashed, Spartan, Arche Fund, and other industry leaders, including GBV, Assym, IF, Genblock, K300, Cryptomind, Kyros, and Evernew. This funding plays a pivotal role in supporting our expansion plans and the development of our recently introduced Saros Super App.

Expanding Vision: Building a Connected Solana Ecosystem and Accessible Web3

In line with our vision of creating a connected Solana ecosystem, we have expanded our focus beyond DeFi products to include consumer app, payment, ID, and dePIN, with the introduction of the Saros Super App and SarosID. 

​​Saros Super App is a fully non-custodial app that serves as a one-stop solution for global payments, purchases, and transfers using digital assets. With its comprehensive suite of financial services, the Saros Super App caters to the diverse needs of our users, offering them a seamless and secure experience in the digital economy. The Saros Super App, its user-friendly interface, and innovative features are set to be launched in Q1 2024.

Additionally, privacy and user trust are paramount to us, so we are excited to launch SarosID, a privacy-preserving digital identity solution. SarosID plays a crucial role in enhancing user trust and driving the adoption of Saros services. As a gateway to our ecosystem, SarosID enables seamless access and encourages engagement with the Saros Super App. Users can enjoy the benefits of decentralized finance while retaining control over their personal data. 

Charting the Path Forward: Accelerating Growth and Innovation

As we embark on this transformative journey, we are excited about the opportunities that lie ahead. The successful funding round and the imminent launch of new Saros products position us to accelerate growth, foster innovation, and build a more inclusive and accessible financial ecosystem for all. With the support of our investors, we are committed to reshaping the decentralized finance landscape and revolutionizing how users interact with digital assets.

Stay tuned for more updates as we enter this exciting phase of expansion and innovation.

About Saros

Saros is the ultimate app designed to redefine your Web3 experience on Solana. It provides seamless access to the evolving global, decentralized economy, all conveniently accessible, right at your fingertips. The Saros ecosystem encompasses the Saros Super App, Saros ID, and the Saros token ($SAROS). With Saros, you can elevate your daily financial routine, navigate the Solana network effortlessly, and experience fast and secure transactions. Embracing Solana's innovation, Saros opens up a world of infinite possibilities for your financial future within a comprehensive app. 

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