The future of crypto is agentic and AI-powered.
We’re excited to share that HeyElsa has raised $3 million in a combined pre-seed and seed round to build the AI stack for crypto. A composable layer for AI agents, Elsa turns natural language into onchain actions, bridging gaps in SDKs, APIs, and infra.
The round was led by M31 Capital, with participation from the Coinbase Ventures’ Base Ecosystem Fund, MH Ventures, Absoluta Cap, 2Shares, Levitate Labs and notable investors including Martin Ochwat, Jonathan Man, Jaskanwar Singh, Alexey Bondar, Yonatan Ben Shimon, and angels affiliated with Anoma, Zerolend, LayerZero, DeFiLlama, and P2P.“HeyElsa is reshaping crypto interaction by turning high-friction tasks into seamless outcomes. We're eliminating the need to juggle wallets and protocols, allowing users to simply state their goals,” said Dhawal Shah, the founder of HeyElsa.“One of our highest conviction bets in Web3 AI is the potential for copilots to transform UI/UX through tech abstraction. We tried every solution on the market and strongly believe Elsa’s product, and AI development team, is in a league of its own - an assertion already validated by several impressive enterprise partnerships," said David Attermann, Managing Partner at M31 Capital.
Rethinking Onchain UX
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, lending—into seamless outcomes.
Instead of requiring users to juggle wallets, gas tokens, protocols, and bridges, Elsa allows users to simply state what they want to accomplish in natural language. The system interprets their intent, selects the optimal routes across chains, manages secure key handling, runs real-time risk checks, and executes—all invisibly.
Simplifying Crypto with Intelligence and Infrastructure
At the core of HeyElsa is a proprietary natural-language interface built on top of open-source LLMs such as DeepSeek, LLaMA, and Mistral. These models are continuously refined using real-time blockchain, market, and sentiment data as well as user feedback from the app itself.
Elsa currently supports all major DeFi protocols across over 8+ blockchain ecosystems, with deep integration into the Base ecosystem. Through its partnership with Coinbase Developer Platform, Elsa users benefit from one-click onboarding, fiat-to-crypto access, and gasless transactions powered by Paymaster contracts. Since launch, Elsa agents have processed over $20 million in onchain volume.
Beyond the front-end experience, Elsa is architected to handle real-world DeFi complexity. Its execution engine is powered by HeyElsa’s in-house infrastructure, designed to optimize multichain routing, transaction bundling, and fail-safe rollbacks.
Eliminating Wallet Friction with MPC Security
In line with its mission to abstract away unnecessary barriers, HeyElsa provisions each user with a Multi-Party Computation (MPC) wallet upon email signup. MPC wallets replace the need for seed phrases by splitting the private key into multiple secure shares, ensuring that no single party ever holds full control.
This setup allows users to access, transact, and manage digital assets across chains with institutional-grade security—without ever needing to manage a key or install a wallet extension. Combined with AI-based guidance, Elsa’s MPC wallets create an experience where cryptographic safety and usability coexist by default.
Building the AI Agent Layer for the Crypto Ecosystem
HeyElsa is not only transforming the retail user experience, it is also becoming a foundational infrastructure layer for other Web3 products, wallets, and protocols who want to integrate AI-native UX.
Through our B2B offerings, we enable:
- Custom trading and automation widgets
- AI-powered APIs for DeFi execution
- White-label wallet and onboarding solutions
- Advanced dashboards for strategies, analytics, and automation
Several enterprise pilots are currently underway, and we’re actively onboarding partners interested in agent-first infrastructure.
A Glimpse into the Future of Crypto UX
HeyElsa represents a shift toward invisible, outcome-based blockchain interaction. Instead of thinking in terms of contracts, bridges, and gas fees, users interact with a co-pilot that understands what they want and handles everything on their behalf.
This marks the emergence of what we call the onchain brain: a secure, intelligent execution layer that combines AI reasoning with full-stack Web3 infrastructure.
As blockchains fade into the background, what remains is pure utility.
About HeyElsa
HeyElsa is an AI-powered crypto execution platform designed to make onchain actions as seamless as natural conversation. Through composable agents, voice/chat interfaces, and MPC-secured wallets, HeyElsa enables users to access and automate DeFi strategies across chains with zero friction. Backed by top-tier investors and integrated across leading protocols, Elsa is building the intelligent layer for Web3.
Explore the product at: https://app.heyelsa.ai
Partner or learn more: https://heyelsa.ai