# Degen funding: rounds and investors

> Degen has raised $1.5M across 1 round since 2024. Investors include Arca. Every round with its source.

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

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Degen*

One round we have observed, with the one investor named in it. 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

Funding summary Updated 26 Oct 2026

**$1.5M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $1.5M Feb 2024
- **Investors:** 1

See who backed them

## The rounds

- **Feb 2024** Seed **$1.5M** [Arca](https://millionrounds.com/fund/arca) Source recorded

## Everyone who backed them

[Arca](https://millionrounds.com/fund/arca) VC firm **1** round

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

## Also claim to have backed them

This firm lists Degen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[1confirmation](https://millionrounds.com/fund/1confirmation) VC firm Per its own site

## Quick answers about Degen

### Who invested in Degen?

Degen's investors include Arca.

### How much has Degen raised?

Degen has raised $1.5M across 1 round since 2024.

### When did Degen last raise?

Degen's most recent round was a Seed of $1.5M in Feb 2024.

### What was Degen's biggest round?

Its most recent round, $1.5M in Feb 2024, is also its largest on record.

### Who backed Degen first?

Degen's first round on record, in Feb 2024, was backed by Arca.

### What stage is Degen at?

Degen's latest named round is a Seed, in Feb 2024.

### Where is Degen based?

Degen is based in the United States.

## Companies like Degen

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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