OAK Network

About

Payments and finance infrastructure for Web3

San Francisco,California,United States
11 - 50
https://oak.tech

Highlights

Details

Last Funding Type: Series Unknown
Industries: Blockchain,Cryptocurrency,FinTech,Payments
Founded date: Oct 1, 2020
Number Of Employee: 11 - 50
Operating Status: Active

OAK Network’s innovation, the event-driven transaction, allows users to create bespoke on-chain automation not possible today. Incumbent “automation” solutions are not consumer-friendly, requiring coding knowledge, AWS servers, and private key delegation. OAK’s more powerful transaction shifts the paradigm of automation from centralized servers to the blockchain. With OAK, users are empowered to schedule future and recurring payments, engage in trustless auto-trading, and place decentralized limit and stop-loss orders on AMM DEXs all without smart contract middlemen or compromising the security of a user's wallet.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$5.50M

OAK Network has raised a total of $5.50M in funding over 2 rounds. Their latest funding was raised on Nov 28, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 28, 2022	Series Unknown	—	1	Emurgo ventures	—	Detail
Feb 9, 2022	Seed	$5.50M	7	Foundation Capital Greylock Hypersphere Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

8

OAK Network is funded by 8 investors. Emurgo ventures and Foundation Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Emurgo ventures	Yes	Series Unknown
Foundation Capital	Yes	Seed
Greylock	Yes	Seed
Hypersphere Ventures	Yes	Seed
GSR	—	Seed
Shima Capital	—	Seed
Electric Capital	—	Seed
Monday Capital	—	Seed