Elliptic raises $60m to accelerate safe adoption of crypto assets by mainstream financial markets
New, by AlbionVC
Elliptic, the global leader in cryptoasset risk management, announced today it has raised $60 million in a Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Group. Existing investors including us at AlbionVC, Digital Currency Group, Wells Fargo, SBI Group, Octopus VC, SignalFire, Paladin, and Mouro Capital also participated.
The latest fundraise will accelerate Elliptic’s efforts in enabling financial markets participants to embrace the crypto opportunity with trust and confidence. The company serves traditional financial institutions, fintechs, crypto businesses and government agencies with the leading suite of compliance and investigative solutions built specifically for cryptoassets.
Simone Maini, CEO of Elliptic, said:
“At Elliptic, we are helping financial institutions, from crypto exchanges to the world’s leading banks, embrace cryptoassets more safely. This fundraising round is an endorsement of the opportunity for cryptoassets in the financial industry – and our absolutely critical role in the ecosystem.”
Ed Lascelles, Partner AlbionVC said:
“Congratulations to Simone Maini and the team Elliptic on closing a superb funding round. We’re delighted to welcome such great investors – Richard Seewald, Evolution Equity Partners and SoftBank Investment Advisers – into the investor base alongside Octopus, Wells Fargo, Mouro Capital, SBI Card, Paladin Capital Group, SignalFire. There has never been a greater need for regulatory infrastructure in crypto and this round will support Elliptic’s mission to deliver the best in class offer.”
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