Lockchain.ai Launches with $4.6M Seed Funding for AI-Powered Blockchain Risk Management

Lockchain.ai, based in Athens, GA, has emerged from stealth mode, armed with $4.6 million in seed funding to pioneer AI-driven blockchain risk management for the digital asset sector. This funding initiative was spearheaded by Lerer Hippeau, a New York-based venture capital firm known for supporting seed to later-stage ventures across various sectors. The funding round saw contributions from notable investors including Arrington Capital, Valhalla Ventures, ARCA, RSE/Vayner, Sonic Boom Ventures, Alex Weiss from Clear Sky Capital, and Artico Search, with White Star Capital participating in a subsequent round.

Founded by Andrew Howard, Aidan Kehoe, and Matt Higgins, Lockchain.ai develops a SaaS platform designed to automate risk management for blockchain traders, investors, and fund managers. The platform’s generative AI technology provides real-time asset security status, aiming to enhance the speed, scalability, transparency, and security of digital asset management. Lockchain.ai operates from its headquarters in Athens, Georgia, and maintains an office in New York City.