Surf Raises $15 Million to Develop Advanced AI Model Tailored to Crypto Research
Surf has raised $15 million in a funding round led by Pantera Capital, with participation from Coinbase Ventures and DCG. The funds will be used to develop Surf 2.0, an advanced AI model, and to expand Surf's enterprise product aimed at institutional users.
Since July 2025, Surf has generated over 1 million research reports and is experiencing 50% month-over-month growth. The platform focuses on AI research and intelligence for digital assets, training proprietary systems on crypto-native datasets. It employs a multi-agent setup to analyze social sentiment, on-chain activity, and token and market behavior, providing outputs through a chat-style interface.
Surf 2.0 will feature a more advanced model, an expansion of proprietary datasets, and new agents designed for multi-step workflows. Meanwhile, Surf Enterprise will offer dedicated infrastructure and enhanced security tooling to fulfill the requirements of institutional clients.
Surf has reached millions in annual recurring revenue and is utilized by 80% of top exchanges and research firms.
