About Tweed
Tweed is a Financial Services company based in Dover (United States) founded in 2022 by Udi Hakim, Michelle Latzer, and Julie Tauber. Self-custodial wallets and key management are provided for web3 platforms. Tweed has raised $8 million across 2 funding rounds from investors including Accel, Communitas Capital and Zero Knowledge Ventures. Its chief executive, as recorded, is Michelle Latzer. Tweed offers products and services including Token Checkout and Wallet-as-a-Service. Its focus areas include FinTech, Cryptocurrencies, Wallet and Hot Wallets. Its legal entity is Tweed Payments Inc. Its competitors include Bastion, SpectivLabs and Opdefi; 2 of its 3 listed competitors have raised funding.
Company details
Tweed was founded in 2022 in Dover, United States, within the web3 and fintech sector. Self-custodial key management and compliant API-based wallets are offered, along with white-label solutions for integrating web3 elements into existing platforms. Onramp and offramp connectivity is included, targeting non-crypto native users. SDKs support a payments layer with fiat-to-crypto and fiat-to-NFT conversions. Operations focus on secure, user-controlled infrastructure for decentralized finance applications.
- Headquarters Dover, United States
- Founders Udi Hakim, Michelle Latzer, Julie Tauber
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website paytweed.com
- Social LinkedIn
- Legal Name Tweed Payments Inc.
- Total Equity Funding$8M (USD)
in 2 rounds
- Latest Funding Round$4M (USD), Seed
Mar 2023
- InvestorsAccel
& 6 more
Products & Services of Tweed
Tweed offers a comprehensive portfolio of products and services, including Token Checkout and Wallet-as-a-Service.
Enables seamless fiat payments for NFTs and tokens with card support.
Offers embedded wallets for secure web3 onboarding and transactions.
Funding Insights of Tweed
Tweed has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8M
- Total Rounds 2
- Last Round Seed — $4M
- First Round $4M
(Sep 2022)
- Investors Count 7
All 2 funding rounds of Tweed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $4M | Seed | – | Accel | |
| Sep 2022 | $4M | Series A | – | – | – |
7 investors in total: 3 institutional and 4 angel.
Investors in Tweed
Tweed has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Communitas Capital and Zero Knowledge Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Investments in fintech startups are managed by Communitas Capital. | communitascapital.com | New York, United States | ||
Zero Knowledge Ventures is focused on deep tech investments. | zero-knowledge.xyz | |||
NJ Nicolas Julia | Co-founder of Sorare, blockchain gaming platform, active angel investor in tech startups. | unknown_d0cf8583b4554c038 | ||
MV Mike Vaughan | unknown_ad8c07006b6a4512a | |||
AP Ameet Patel | Angel investor, ex-Google, focused on early-stage Indian startups | unknown_a573137689bc47e39 | ||
CC Cristóbal Conde | unknown_a5d06471bc3e48e8a |
Investor details for Tweed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Tweed
4 people are tracked at Tweed (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Udi Hakim | Co-Founder | Leadership |
Michelle Latzer | Co-Founder & CEO | Leadership |
Julie Tauber | Co-Founder | Leadership |
Yuval Zilber | Software Engineer | Team |
Complete people profiles for Tweed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Tweed
3 dated milestones of Tweed across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Tweed is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Seed, of $4.0M.
Competitors of Tweed
Tweed has 3 listed competitors in our database, 2 of them funded. They include Bastion, SpectivLabs and Opdefi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bastion.com | 2023 | United States | $39.6M | Network design, planning, and infrastructure services are offered. | ||
| spectivlabs.com | 2022 | United States | $560,000 | Consumer wallet built on a blockchain-based identity layer | ||
| opdefi.com | 2022 | New York, United States | Web3 disaster response platform for digital asset continuity is provided. |
Detailed competitors of Tweed
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tweed
The website of Tweed (paytweed.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 1364.8% vs previous month
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Tweed (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Related news about Tweed
Complete news archive for Tweed
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Frequently Asked Questions about Tweed
Tweed was founded in 2022.
Tweed is headquartered in Dover, United States. It is registered at Dover, Delaware, United States.
Michelle Latzer is the CEO of Tweed, as recorded in our data. They have also founded this company.
Tweed is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Sep 2022.
Tweed was founded in 2022 in Dover, United States, within the web3 and fintech sector. Self-custodial key management and compliant API-based wallets are offered, along with white-label solutions for integrating web3 elements into existing platforms. Onramp and offramp connectivity is included, targeting non-crypto native users. SDKs support a payments layer with fiat-to-crypto and fiat-to-NFT conversions. Operations focus on secure, user-controlled infrastructure for decentralized finance applications.
Tweed's top competitors include Bastion, SpectivLabs and Opdefi.
Tweed offers Token Checkout and Wallet-as-a-Service.
Tweed has 7 investors. Key investors include Accel, Communitas Capital, Zero Knowledge Ventures, Nicolas Julia, and Mike Vaughan.
Tweed operates through Tweed Payments Inc..