# AlphaWallet

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

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.alphawallet.com
- Total disclosed funding: $2.3M
- Latest round: Seed (May 19, 2019)
- Investors on record: 4

## About

AlphaWallet is an open-source Ethereum wallet enabling users to interact seamlessly with decentralized applications (dApps) and manage digital assets, including cryptocurrencies and NFTs, with enhanced security on mobile devices.Founded in 2017 in Sydney, Australia, AlphaWallet is an Ethereum wallet designed to enhance user engagement with dApps. The company has raised a total of USD 6.00 mn in funding through 3 deals, with the latest funding round completed on July 29, 2021, involving investors such as Crypto.com Capital and Framework Ventures. The founder, James Brown, has a history of entrepreneurship, although specific details about prior ventures are unavailable.AlphaWallet’s primary product is its open-source Ethereum wallet, which allows users to manage a variety of digital assets, including cryptocurrencies and NFTs, on iOS and Android. It supports features for seamless trading and interactions with dApps, enhanced by security technologies like Secure Enclave. The wallet empowers users to participate in DeFi activities and manage tokenized assets, serving a diverse clientele that includes individual users and businesses like Bartercard, which utilize AlphaWallet for improved transactional efficiency across global markets.AlphaWallet generates revenue through partnerships with businesses that leverage its technology for tokenization needs. These transactions often involve revenue-sharing agreements or licensing fees, as companies seek to enhance the user experience of their tokenized products through AlphaWallet’s platform. The app is available for free to users, which helps expand its user base and promote token adoption without upfront costs.In July 2021, AlphaWallet secured USD 6.00 mn in venture funding to expand its operations and develop the AutographNFT.io platform, which facilitates NFT payments for artists and supports charitable donations. The company aims to enhance its product offerings and expand its market presence, particularly in North America, Europe, and Asia, by adding staff and improving system capabilities. Further details on specific new product launches or geographic expansions have not been provided.

## Funding rounds

- Seed, May 19, 2019, $1.2M — Fenbushi Capital, HashKey Capital, LongHash Ventures
- Seed, May 1, 2018, $1.1M — Unity Ventures

## Investors

- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Seed
- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Seed