The seed round was led by high profile technology executives including Shutterstock CEO Jon Oringer.
"We believe in the importance of creating an inclusive internet where both adults and children can actively participate in online communities while enjoying a truly positive experience. With the help of our technology, platforms have a better way to manage content with visibility into potential problems and the ability to head off negative experiences for their community members. Thanks to our investors that have shown the belief in our dream, with their help and guidance Checkstep can expedite our project to provide safe, ethical moderation of harmful or false content that causes so much damage to society."
The financing round was backed by investors including Ascension and Connect Ventures.
"Just four weeks into launching and we’re delighted to have a number of notable investors on board who really believe in our vision and back this app. We’ve got big plans with a clear mission, to change a culture of how people date. This is just the start and we will deliver. Dating apps just got exciting again."
The funding follows a $2.1m seed round and supports the upcoming launch of the NAYM token.
"We were lucky enough to have such an oversubscribed round, allowing us to be highly selective with whom we brought into the project. The additional expertise across capital markets, legal and compliance, token economics and community building will continue to help us support the growing insurance movement within the digital asset space."
The seed round was led by SFC Capital to support sales expansion and customer onboarding.
"We’re incredibly excited to have SFC Capital on board. Their support and guidance throughout this seed round has been invaluable, we are also delighted that several of our existing investors have joined them in this round."