Surf, an AI research and intelligence platform focused on digital assets, has raised $15 million in a funding round led by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group (DCG), the company announced in a press release on Wednesday.
The San Francisco-based startup said the funds will be used to build Surf 2.0, a new version of its cryptocurrency-focused AI model, and expand its enterprise services.
The company markets itself as an alternative to general-purpose large-scale language models (LLMs) by training its proprietary systems specifically for digital asset analysis and combining them with crypto-native datasets.
The platform uses a multi-agent setup that analyzes inputs such as social sentiment, on-chain activity, token and market behavior, and provides outputs through a chat-style interface designed to reduce manual research.
Surf 2.0 adds more advanced models, expanded proprietary datasets, and new agents designed to perform multi-step workflows typically handled by experienced analysts, the company said. Surf Enterprise includes purpose-built infrastructure and enhanced security tools designed to meet your organization’s requirements.
“When people make financial decisions, they need information they can trust, and general-purpose AI tools aren’t built for that,” said Ryan Lee, co-founder and CEO of Surf.
Since launching in July, Surf said it has generated millions of dollars in annual recurring revenue, generated more than 1 million research reports, grew 50% month over month, and is used by 80% of top exchanges and research firms.
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