# Cardinal funding: rounds and investors

> Cardinal has raised $4.9M across 2 rounds since 2022. Investors include Y Combinator, Animoca Brands and Delphi Ventures. Every round with its source.

Source: https://millionrounds.com/company/cardinal (Millionrounds; every figure on the page links to its filing or article)

United States · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Cardinal*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Y Combinator: W23

Funding summary Updated 26 Oct 2026

**$4.9M** raised across 2 rounds since 2022, from 2 sources

**$4.4M** Seed **$500K** Pre-seed

- **Latest round:** Pre-seed, $500K Apr 2023
- **Biggest round:** $4.4M Seed · Jul 2022
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023

**$4.4M** Seed

**$500K** Pre-seed

- **First round:** Seed, $4.4M
- **Biggest round:** $4.4M
- **Between rounds:** 9 months

## The rounds

- **Apr 2023** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded
- **Jul 2022** Seed **$4.4M** *4 new* [Animoca Brands](https://millionrounds.com/fund/animoca-brands) [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) [Alameda Research](https://millionrounds.com/fund/alameda-research) [Solana Ventures](https://millionrounds.com/fund/solana-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2022 **Pre-seed** 2023 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Animoca Brands](https://millionrounds.com/fund/animoca-brands) [Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) [Alameda Research](https://millionrounds.com/fund/alameda-research) [Solana Ventures](https://millionrounds.com/fund/solana-ventures)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Animoca Brands](https://millionrounds.com/fund/animoca-brands) Accelerator **1** round

[Delphi Ventures](https://millionrounds.com/fund/delphi-ventures) VC firm **1** round

[Alameda Research](https://millionrounds.com/fund/alameda-research) Private equity **1** round

[Solana Ventures](https://millionrounds.com/fund/solana-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cardinal).

## Quick answers about Cardinal

### Who invested in Cardinal?

Cardinal's investors include Y Combinator, Animoca Brands, Delphi Ventures, Alameda Research and Solana Ventures.

### How much has Cardinal raised?

Cardinal has raised $4.9M across 2 rounds since 2022.

### When did Cardinal last raise?

Cardinal's most recent round was a Pre-seed of $500K in Apr 2023.

### What was Cardinal's biggest round?

Cardinal's largest round on record is $4.4M (Seed), in Jul 2022.

### Who backed Cardinal first?

Cardinal's first round on record, in Jul 2022, was backed by Animoca Brands, Delphi Ventures and Alameda Research and 1 others.

### What stage is Cardinal at?

Cardinal's latest named round is a Pre-seed, in Apr 2023.

### Where is Cardinal based?

Cardinal is based in the United States.

## Companies like Cardinal

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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