Crypto AI platform Surf raises $15 million in funding, led by Pantera Capital

ChainCatcher news, according to Fortune, the specialized AI platform Surf, designed for the cryptocurrency sector, has announced the completion of a $15 million funding round, led by Pantera Capital, with participation from an exchange and Digital Currency Group.

Surf launched as an invite-only product in July and became fully open to the public in September. According to company data, the platform currently has over 300,000 users and has generated more than 1 million search results cumulatively. Li stated that Surf can answer a wide range of crypto-related questions, from basic to advanced technical topics. 80% of the platform's users are not crypto industry professionals, while the remaining 20% come from venture capital, exchanges, and other crypto-related institutions.

The startup claims its revenue has reached several million dollars and aims to grow to $10 million by the end of 2026. Surf's revenue comes from a subscription model, with users paying between $15 and $399 per month depending on the tier. The platform also offers a free version, but with a limited number of daily questions. The company currently has fewer than 30 employees.

Li considers the company's main competitors to be mainstream AI models such as ChatGPT, Perplexity, and Grok. According to a benchmark report co-authored with Princeton University, Surf's performance on crypto tasks is four times that of ChatGPT and Grok.