Circle cofounder Sean Neville raises $18M for Catena Labs in a seed funding round led by Andreessen Horowitz’s crypto division.
May 20, 2025•about 2 months ago
Amount Raised
$18 Million
Round Type
seed
Investors
Tom BradyCoinbase VenturesCircle VenturesBreyer CapitalAndreessen Horowitz
Description
Sean Neville’s startup Catena Labs has raised $18 million to build an AI-native bank. The funding round included several prominent investors such as Breyer Capital and Coinbase Ventures. The company aims to develop software that integrates AI with financial systems. Catena Labs began as a venture studio focused on exploring emerging technologies.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech