Shield – Milestones
Key milestones and important events in Shield's history.
4
Total Milestones
2022
Earliest
2025
Latest
3 yrs
Span
Showing 4 milestones for Shield
20251 milestone
4
1 Sep 2025
Seed Funding Round
Shield raised $5 million in a seed round led by Giant Ventures, with participation from a16z crypto CSX, Factor Capital, and strategic angels from Bank of America, Coinbase, AMEX, and Menlo Ventures.
www.getshield.xyz/blog/shield-raises-5m-giant-ventures-a16z-crypto-accelerator-bank-executives20241 milestone
3
1 Jan 2024
Business Model Pivot
The company pivoted its business model to focus specifically on B2B payments, refining its core service offering.
techcrunch.com/2025/09/22/a16z-crypto-backed-shield-raises-5m-to-help-facilitate-international-business-transactions-in-crypto/20231 milestone
2
1 Apr 2023
Pre-Seed Funding Round
Shield raised $2.1 million in a pre-seed funding round to develop its B2B crypto payment platform.
www.getshield.xyz/20221 milestone
1
1 Jan 2022
Shield Founded
Shield was founded by Emmanuel Udotong, Isaiah Udotong, and Luis Carchi to facilitate international B2B transactions using stablecoins.
techcrunch.com/2025/09/22/a16z-crypto-backed-shield-raises-5m-to-help-facilitate-international-business-transactions-in-crypto/