June 5, 2025 – HeyElsa, the innovative AI Crypto Copilot, today announced it has successfully raised $3 million in a strategic funding round. The round was led by M31 Capital, with significant participation from Coinbase Ventures' Base Ecosystem Fund, MH Ventures, Absoluta Digital, 2sharesfund, Levitate Labs, and other key investors. This investment will accelerate HeyElsa's mission to build the foundational AI stack for crypto, seamlessly translating natural language commands into complex on-chain actions.
HeyElsa is reimagining how users interact with the blockchain, eliminating the notorious complexity often associated with managing digital assets. By leveraging a proprietary natural-language interface, powered by open-source Large Language Models (LLMs) such as DeepSeek, LLaMA, and Mistral, HeyElsa turns high-friction crypto actions like bridging, staking, swapping, and lending into intuitive, chat and voice-powered commands.
"The future of crypto is agentic and AI-powered," stated HeyElsa. "We’re reimagining how users interact with blockchains by eliminating the complexity that has long been associated with managing assets onchain. With a chat and voice-powered AI interface, HeyElsa turns high-friction crypto actions such as bridging, staking, swapping, and lending into simple commands."
At the core of HeyElsa's innovation is the Elsa AI Automata, a unique combination of AI agents, an intent engine, and on-chain script execution. This architecture enables autonomous agents to securely interact with blockchain infrastructure and user wallets, interpreting user intentions and executing complex, user-defined workflows safely and efficiently.
Since its launch, HeyElsa has demonstrated remarkable traction:
Processed over $15 million in on-chain volume.
Integrated across 8+ chains, including Ethereum, Base, and Solana.
Offers gasless execution via Coinbase Smart Wallet on Base, enhancing user experience.
Provides a cleaner and simpler user experience than anything else in crypto, abstracting away complexities like seed phrases and browser extensions by provisioning each user with a secure Multi-Party Computation (MPC) wallet upon email signup.
HeyElsa empowers users with a suite of features designed for confidence and ease:
- Seamless Onboarding: Buy crypto in minutes with no complex recovery phrases or browser extensions.
- Stay Ahead: 24/7 market monitoring, AI-driven alerts for new listings, NFT minting, and real-time social sentiment analysis.
- Intent-Based Flows: Simplify NFT purchases by setting desired prices, create memecoin baskets, and automate stop-loss orders to safeguard portfolios.
- Script-Based Flows: Maximize staking rewards across Cosmos networks, participate in promising airdrops on autopilot, and automate trading strategies for optimal results.
- Seamless Fiat Conversion: Withdraw crypto holdings to USD, EUR, or GBP via bank transfer or the Elsa Ango Jo Card, with competitive rates and fast processing.
This new funding will be instrumental in HeyElsa’s strategic expansion, including:
- Expanding to more chains to broaden accessibility.
- Refining its LLM and infrastructure stack for enhanced performance and intelligence.
- Scaling up enterprise integrations and growing the Elsa ecosystem.
HeyElsa is also positioning itself as a foundational infrastructure layer for other Web3 products, wallets, and protocols seeking to integrate AI-native user experiences. Through its B2B offerings, including custom automation widgets, execution APIs, and white-label solutions, HeyElsa is enabling builders to supercharge their UX with AI and on-chain execution.
"The future of crypto is invisible," HeyElsa asserts. "Not because it’s hidden—but because it just works. Users won’t think in terms of contracts or gas. They’ll express outcomes—and agents like Elsa will handle the rest."
About HeyElsa:
HeyElsa is an AI-powered crypto copilot that simplifies blockchain interactions through natural language commands. It enables users to perform tasks like token swaps, staking, and portfolio management across multiple EVM-compatible networks with ease. Featuring an intent-based engine and scriptable automation, HeyElsa is dedicated to making crypto accessible and intuitive for everyone.
About M31 Capital:
M31 Capital is a venture capital firm investing in the future of decentralized finance and Web3 infrastructure.
Compiled by CMO Intern team