Slingshot, a non-custodial mobile-first crypto trading app and wallet, was founded in 2020 as a DeFi application for buying, selling, and swapping cryptocurrencies with multichain support. Based in Mexico, the project raised approximately $33-34 million in funding and was valued at $84 million in 2022 per PitchBook. Slingshot's TwitterScore is 287 out of 1000.
Slingshot was founded by Clinton Bembry as Co-Founder & CEO and Govind Narayan as COO. The project was previously backed by Electric Capital, Ribbit Capital, Framework Ventures, and Coinbase Ventures. The platform offered 0% swap fees and support for 250K+ cryptocurrencies across multiple blockchains, with MoonPay integrated for fiat on-ramps. Slingshot was acquired by Magic Eden in April 2025, and the standalone app is now sunsetting, with users directed to export their private keys before Feb 28, 2026.
Smart Followers
The accounts that follow Slingshot include 718 founders, 198 angel investors, 851 influencers and 43 VCs, among them Toly, Solana, Erik Voorhees, Stani, Threadguy and Andrew Kang. Slingshot has been mentioned by 279 accounts across a total of 703 mentions.