San Francisco-based Surf plans to release Surf 2.0, an AI model trained on proprietary crypto datasets, alongside enterprise tools for institutional users.
Surf, a San Francisco-based AI research platform specializing in digital assets, has raised $15 million in a round led by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group. The funding will be used to develop Surf 2.0, an updated crypto-specific AI model, and expand the firm’s enterprise offering. The company’s proprietary multi-agent architecture analyzes social sentiment, on-chain activity, and market behavior to produce research outputs via a chat interface. Surf has generated over 1 million research reports since July, achieved millions in annual recurring revenue, grown 50% month-over-month, and is used by 80% of leading exchanges and research firms.