PYOR (Power Your Own Research), a company that offers crucial market insight, has raised $4 million in a seed round that was co-led by Castle Island Ventures. This round also included participation from Hash3, Antler, Future Perfect Venture, Force Ventures, CoinSwitch Ventures, Coinbase Ventures, and well-known angel investor Balaji Srinivasan.

By improving its interpretation layer for digital assets, PYOR will be able to develop its core infrastructure and product platform with the assistance of the new funding. The money will also be used to hire new employees and expand the team's presence in India.

Founded in August 2022, PYOR aims to provide key insights on digital assets through a tailor-made desktop analytics interface. Its clients include analysts at global asset management companies, hedge funds, investment banks, wealth advisors, crypto entities (exchanges, projects), and venture capital.

“Since launching PYOR last year, we've been laser-focused on building the industry standard for digital asset platforms. Unlike other asset classes, digital assets are primarily driven by retail investors, and institutional-grade infrastructure for decision-making has been limited. We aim to leverage the capital raised to bolster our mission and drive substantial progress within the global digital assets ecosystem,” said Krishna Hegde, Co-founder of PYOR.

"The PYOR team is constructing crucial auditable infrastructure for the cryptocurrency sector. We are ecstatic to collaborate with Yadunandan, Sharan, Krishna, and Sarmad. Sean Judge, General Partner at Castle Island Ventures, adding that their experience bringing in cryptocurrency investors at CoinSwitch "highlighted the need for standardised, institutional-grade data and analytics to bring in the next wave of cryptocurrency investors."