Pantera, Coinbase back Surf’s $15M push to build crypto-native AI models

The funding will support Surf’s next AI model, aimed at delivering deeper onchain analysis and automating research for crypto companies and traders.

Surf, an AI platform built for digital-asset analysis, raised $15 million to expand its AI models and enterprise tools in a round led by Pantera Capital with participation from Coinbase Ventures and DCG.

The company offers a domain-specific model used by exchanges and research companies to analyze onchain activity, market behavior and sentiment. The funding will go toward Surf 2.0, which will introduce more advanced models, broader proprietary data sets and additional agents designed to handle multi-step analytical tasks.

Surf said its platform has seen rapid uptake since its launch in July, generating more than one million research reports and claiming millions in annual recurring revenue, with usage from a large share of major exchanges and research firms.

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