# AlphaPoint Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alphapoint

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.alphapoint.com
- Total disclosed funding: $16M
- Latest round: Series A (Jun 14, 2018)
- Investors on record: 4

## About

AlphaPoint Corporation offers innovative white-label cryptocurrency exchange software, enabling companies to efficiently launch digital asset exchanges with branded experiences and robust trading solutions.Founded in 2013 by Igor Telyatnikov, Jack Sallen, Joe Ventura, Scott Bambacigno, and Vadim Telyatnikov, AlphaPoint Corporation is based in New York, US. The firm is recognized for its expertise in developing cryptocurrency exchange platforms. The company has successfully completed a total of 5 deals, with the most recent deal occurring on March 5, 2020, when it raised USD 5.6 mn in funding from Galaxy Digital and other investors.AlphaPoint specializes in providing white-label cryptocurrency exchange software, which enables businesses to launch fully branded digital asset exchanges rapidly. Their core product offerings include exchange software, brokerage solutions, and digital asset management tools, designed to facilitate secure and scalable trading for various digital assets, including cryptocurrencies and security tokens. The company serves a diverse client base, including financial institutions, fintech companies, governments, and brokerage firms, with operations in over 35 countries worldwide.AlphaPoint generates revenue through partnerships and service agreements with clients who subscribe to its digital asset trading solutions. Their business model includes B2B transactions where firms leverage AlphaPoint's technology to create branded exchanges and digital asset services tailored to their needs. Revenue streams arise from the deployment of their software and ongoing support services, which may include transaction fees based on volume and the licensing of proprietary technology.AlphaPoint plans to enhance its product offerings by launching new features and services aimed at expanding its clientele. The company is also targeting expansion into new geographic markets, specifically in Europe and Asia, by the end of 2023. The recent funding of USD 5.6 mn will support these initiatives, allowing AlphaPoint to further develop its technology and infrastructure.

## Funding rounds

- Series A, Jun 14, 2018, $15M — Galaxy Asset Management
- Seed, Oct 15, 2014, $1.4M — Ben Franklin Technology Partners, Robin Hood Ventures, Blockchain Capital

## Investors

- Ben Franklin Technology Partners (https://capitalatlas.ai/funds/ben-franklin-technology-partners) — Seed
- Robin Hood Ventures (https://capitalatlas.ai/funds/robin-hood-ventures) — Seed
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A