Techdollar raises $3 million pre-seed for blockchain-based private credit platform

The startup says its platform lets founders, employees, venture investors and family offices borrow against private tech company equity without selling shares.

Summary

Techdollar said it raised $3 million in a Pre-Seed round from NoLimit Holdings, Reforge VC, and individual investors including Newmichwill, RoyLearner, and Ansem. The company operates a blockchain-based private credit platform that allows founders, employees, venture investors, and family offices to borrow against private tech company equity rather than sell their shares, targeting a part of private markets where holders often seek liquidity without giving up ownership.

Terms & Concepts
  • private credit: Non-bank lending to borrowers or assets.
  • pre-seed round: Very early startup fundraising stage.
  • private tech company equity: Ownership stakes in non-public tech firms.