Ryder Secures $3.2 Million in Seed Funding on October 17, 2025

According to media reports, Ryder raised $3.2 million in a Seed funding round on October 17, 2025. Investors participating in this round include Tim Draper, Semantic Ventures, Borderless, SMAPE Capital, Solana founder Anatoly Yakovenko, Joe McCann, and VeryEarly, among others. With this latest round, Ryder’s total funding has reached $5.4 million.Ryder is an innovative company specializing in hardware wallet development, aiming to integrate Web3 technology with real-world social interactions. The project distinguishes itself by delivering the robust security of traditional hardware wallets while offering a user experience comparable to software wallets. Ryder enables users to securely begin their cryptocurrency journey, effectively safeguarding assets against theft and loss, and streamlining identity management. Notably, Ryder introduces decentralized master key storage, allowing users to distribute their master keys across multiple trusted Ryder devices—ensuring asset recovery even if seed phrases are lost.Ryder’s funding trajectory demonstrates sustained investor interest over the past three years. The company raised $1 million in October 2022, followed by $1.2 million in October 2023, culminating in the current $3.2 million Seed round. This consistent capital inflow highlights the growing market demand for secure and user-friendly hardware wallet solutions amid the expanding cryptocurrency sector, and underscores leading investors’ recognition of Ryder’s innovative vision and technical approach.