# Sipher funding: rounds and investors

> Sipher has raised $6.8M across 1 round since 2021. Investors include Hashed, CMT Digital and Dragonfly Capital Partners. Every round with its source.

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

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

# Who invested in *Sipher*

One round we have observed, with the 5 investors 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

**$6.8M** raised across 1 round since 2021, from 1 source

- **Latest round:** Seed, $6.8M Oct 2021
- **Investors:** 5

See who backed them

## The rounds

- **Oct 2021** Seed **$6.8M** [Hashed](https://millionrounds.com/fund/hashed) [CMT Digital](https://millionrounds.com/fund/cmt-digital) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [BITKRAFT Ventures](https://millionrounds.com/fund/bitkraft-ventures) [Konvoy Ventures](https://millionrounds.com/fund/konvoy-ventures) Source recorded

## Everyone who backed them

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

[CMT Digital](https://millionrounds.com/fund/cmt-digital) VC firm **1** round

[Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round

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

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

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

## Also claim to have backed them

These 3 firms list Sipher as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Arrington Capital](https://millionrounds.com/fund/arrington-capital) VC firm Per its own site

[Drops Ventures](https://millionrounds.com/fund/drops-ventures) Corporate VC Per its own site

[Hyperchain Capital](https://millionrounds.com/fund/hyperchain-capital) VC firm Per its own site

## Quick answers about Sipher

### Who invested in Sipher?

Sipher's investors include Hashed, CMT Digital, Dragonfly Capital Partners, BITKRAFT Ventures and Konvoy Ventures.

### How much has Sipher raised?

Sipher has raised $6.8M across 1 round since 2021.

### When did Sipher last raise?

Sipher's most recent round was a Seed of $6.8M in Oct 2021.

### What was Sipher's biggest round?

Its most recent round, $6.8M in Oct 2021, is also its largest on record.

### Who backed Sipher first?

Sipher's first round on record, in Oct 2021, was backed by Hashed, CMT Digital and Dragonfly Capital Partners and 2 others.

### What stage is Sipher at?

Sipher's latest named round is a Seed, in Oct 2021.

## Companies like Sipher

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

[**OpenFX** $94M · Mar 2026](https://millionrounds.com/company/openfx)[**VeryAI** $10M · Mar 2026](https://millionrounds.com/company/veryai)[**OP_NET** $5.0M · Mar 2026](https://millionrounds.com/company/op-net)[**Utexo** $7.5M · Mar 2026](https://millionrounds.com/company/utexo)[**Stacks** $23M · Feb 2026](https://millionrounds.com/company/stacks)[**Kresus Labs** $13M · Feb 2026](https://millionrounds.com/company/kresus-labs)

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