Harbor acquired $28 million in funding in a round led by Founders Fund, with participation by existing investors Craft Ventures, Vy Capital and Valor Equity Partners. New investors in the round included Andreessen Horowitz and Pantera Capital, as well as Future Perfect Ventures, 1confirmation, Abstract Ventures, and Signia Venture Partners. Individual investors included Nicolas Berggruen of Berggruen Holdings, Napoleon Ta of Founders Fund, and Kyle Samani and Tushar Jain of Multicoin Capital.
According to the company, Harbor is reengineering private securities with blockchain technology to provide tokenized securities backed by real-world assets, such as real estate, company equity, investment funds, and fine art. The Harbor platform, powered by its compliance protocol, ensures tokenized securities comply with existing securities laws on every trade, everywhere across the globe.