This Crypto Startup CEO Says Here’s How to Win Tough Fundraising Rounds
Inside Crypto: Succinct CEO Uma Roy on Fundraising and App Development
Succinct co‑founder and CEO Uma Roy joined Bloomberg Crypto’s Tim Stenovec and Sonali Basak to dive into the current state of crypto fundraising and app development. Here’s her perspective—reworked into an easy-to-read, SEO-friendly format.
Crypto Fundraising Is Tougher—But More Strategic
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Investor Sentiment is Pickier
“Investors today want deeper conviction,” Roy says. They’re supporting teams with clearly defined products and proven traction, not just flashy ideas or buzzwords. -
Focus Is on Utility, Not Just Hype
Blockchains and apps need real-world impact—whether in finance, identity, or infrastructure. Roy underscores that investors care most about how your product solves a tangible problem. -
Capital Is Scarce, So Execution Must Be Strong
With funding moving into larger deals, smaller teams must show they can go beyond building—they must also launch, test, iterate, and grow, all on lean budgets.
What Matters in Crypto Apps Right Now
Security by Design
“Security is no longer optional,” Roy stresses. With rising hacks and exploits, startups need strong audits, continuous bug testing, and clear user protection measures from day one.
Interoperability & Modular Architecture
Developers are moving toward plug-and-play systems and modular chains. Roy explains this helps make crypto apps more scalable, easier to iterate on, and cheaper to build and maintain.
Developer Experience (DX) Is the Secret Sauce
Apps must be developer-friendly. Roy notes that good documentation and intuitive SDKs are essential to attract talent and grow ecosystems around your product.
Succinct’s Mission — Proof Infrastructure for Real Apps
Uma Roy believes that without secure, reliable proofs, web3 apps can’t inspire true trust. That’s why Succinct is focused on building a decentralized prover network—tools that generate cryptographic validations at scale.
These systems are the invisible backbone behind secure rollups, trusted coprocessors, and scalable zero-knowledge proof-based solutions.
Advice for Founders Looking to Raise Funds
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Show real traction — user growth, engagement metrics, or revenue.
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Demonstrate resilience — investors back teams that adapt to constraints.
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Design for security from the start — audits, audits, audits.
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Commit to developer-building — a robust dev community = network effects.
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Clear narrative — investors must immediately understand your mission and roadmap.
The Road Ahead for Crypto Innovation
Roy is optimistic about the future:
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Fundraising will remain tough, but the focus is shifting to mature, mission-driven teams.
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Proof infrastructure and interoperability tools could be the next frontier in securing crypto ecosystems.
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Startups who nail UI/UX, security, and developer support will stand out—even in crowded markets.
Uma Roy’s insights highlight a critical inflection point: the gold rush of 2021 is over, and now discipline, substance, and execution matter more than ever. For crypto founders, the message is clear—solve real problems, build with security, and serve developers well, and the next wave of capital may reward you.
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