Surf, an AI intelligence platform designed specifically for digital assets, has announced that it has secured $15 million in funding. Pantera Capital led the round, while Coinbase Ventures and DCG also participated. With this investment, the company plans to accelerate the development of Surf 2.0 its next-generation domain-specific AI and expand its enterprise-grade solutions.
The company has built its reputation by combining proprietary AI models with high-quality, domain-focused datasets. This approach allows Surf to deliver a level of precision that general-purpose AI tools simply cannot match. Its first version, Surf 1.0, proved this point convincingly. On CAIA, a benchmark that measures whether an AI system can perform tasks expected from a junior human analyst, Surf outperformed competing models by up to four times. This result underscores the shortcomings of broad LLMs and demonstrates why investors increasingly prefer specialized AI systems for consistent and trusted analysis.
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As interest in digital assets continues to rise, both institutional teams and retail investors are actively seeking intelligence platforms capable of interpreting real-time market information accurately. Surf steps into this gap by offering a multi-agent system that evaluates social sentiment, on-chain behavior, token movement, and broader market patterns using advanced reasoning. Additionally, users can access its insights through a streamlined chat interface, which eliminates the need for time-consuming manual research.
Since its launch in July, Surf has shown impressive traction and steady growth. The platform has reached millions in annual recurring revenue, produced more than one million research reports, and achieved 50% month-over-month growth. Moreover, 80% of leading exchanges and research firms now rely on Surf for dependable digital asset intelligence.
The new funding will fast-track Surf 2.0, which will include a more advanced model, expanded proprietary datasets, and upgraded agents capable of handling complex, multi-step analytical workflows typically performed by seasoned analysts. For enterprise customers, the enhanced offering will introduce stronger security controls, dedicated infrastructure, and SOC 2 compliance to meet institutional standards.
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Top firms have already integrated Surf into their daily research processes. A research associate at a global venture fund shared high praise, stating, “Surf is an exceptional product. I use it daily, and increasingly find myself spending more time on Surf than on Perplexity.”
Surf’s Co-founder and CEO, Ryan Li, reinforced the platform’s mission, saying, “When people make financial decisions, they want information they can trust. Generic AI tools aren’t built for that. We’re building Surf to give people something they can rely on, especially in a market that moves as quickly as crypto.”
Pantera Capital Partner Nihal Maunder echoed this sentiment, adding, “Digital asset research has always required a level of context and detail that general LLMs don’t handle well. Surf is one of the first teams to take that seriously, and the traction they’ve shown tells us the market has been waiting for a tool like this.”
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