Messari will use Dove Metrics fundraising data to improve real-time monitoring and transparency in the crypto fundraising ecosystem.
Messari, a leading blockchain analytics and crypto market research firm, has acquired the assets and operations of fundraising data platform Dove Metrics, TBEN has learned from a press release.
The acquisition has enabled Messari to integrate Dove Metrics’ dashboard into its system and will include additional functionality to make it even more beneficial to its operations, the company said in the press release. press release.
Dove Metrics is a platform from Blackrose Capital Management.
Bringing real-time tracking of fundraising data
According to Messari, acquiring Dove Metrics’ assets and operations will boost its services and products through increased transparency, particularly on ecosystem fundraising data.
Eric Turner, Vice President of Market Intelligence, said tapping into Dove Metrics’ technology allows it to provide its users with the tools they need to stay on top of market trends. Among the benefits is the ability to access real-time monitoring of which top projects are backed by investors, he added.
Dove Metrics has tracked more than 8,000 investors as they participated in multiple crypto financing rounds, collecting data including that of top venture capital funds, hedge funds, corporate funds, investment DAOs and angels.
The platform has also tracked nearly 3,000 funding rounds, of which more than 300 are individual fund funding efforts. The datasets also include details on 200 mergers and acquisitions (M&As) in the crypto ecosystem.
Dove Metrics was co-founded by two experienced individuals in the crypto investment landscape – Regan Bozman and Pierre Chuzeville (also of the fledgling crypto venture capital fund Lattice).