# Amberdata

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.amberdata.io
- Total disclosed funding: $47M
- Latest round: Series B (Mar 30, 2022)
- Investors on record: 14

## About

Amberdata Inc. is a technology company that specializes in providing data analytics and market intelligence solutions for the cryptocurrency and digital asset sectors, aimed at enhancing investment strategies for financial institutions and traders.Founded in 2017 in Palo Alto, California, Amberdata Inc. offers advanced data analytics and market intelligence services. The company was led by CEO Shawn Douglass, who has a history of founding and leading technology-focused ventures. Since its inception, Amberdata has completed four investment deals, with its latest funding round being a Series B where it raised USD 30.00 mn on March 30, 2022. This round was led by Knollwood Investment Advisory and included participation from notable investors such as Coinbase Ventures and SIG Asia Investment. The company has successfully raised a total of USD 30.00 mn, leading to a current valuation of USD 423.90 mn.Amberdata provides a comprehensive suite of products and services designed to empower financial institutions and professional investors in the cryptocurrency and digital asset markets. Their core offerings include advanced data analytics, real-time market intelligence, and automated trading solutions that enhance decision-making and strategy optimization for traders. The Spot Analytics tool automates trade and order book depth analysis across major digital asset pairs on leading exchanges, streamlining processes that traditionally required manual intervention. The company serves a wide range of clients, including asset managers, trading firms, regulatory bodies, and fintech companies, predominantly in North America, Europe, and Asia. By delivering actionable insights and robust data infrastructure, Amberdata addresses critical challenges related to risk management, compliance, and portfolio optimization for its diverse customer base.Amberdata generates revenue through a subscription-based model, offering tiered pricing plans tailored to the needs of institutional clients and professional traders. Clients engage with the company for access to premium analytics, market data, and API services that facilitate trading and decision-making. Financial institutions may subscribe to Amberdata's comprehensive data solutions, which include proprietary reference rates, benchmarks, and indices, to enhance their trading operations and compliance efforts. The firm establishes partnerships with clients, providing them with custom data solutions that align with their specific operational requirements and regulatory frameworks. While specific pricing details for these products and services are proprietary, the structured transaction model illustrates the value Amberdata offers to its institutional clients in navigating the complexities of the digital asset landscape.In March 2022, Amberdata Inc. raised USD 30.00 mn in Series B funding to drive product innovation and expand its go-to-market strategy both in the United States and internationally. The recent capital infusion will support the development of new products aimed at enhancing their analytics capabilities and introducing additional features that cater to evolving market needs. Additionally, Amberdata plans to target expansion into newer geographic markets, with specific emphasis on increasing its presence in Europe and Asia by the end of 2023.

## Funding rounds

- Series B, Mar 30, 2022, $30M — Aspenwood Ventures, SIG Asia Investment, Boldstart Ventures, Citi Ventures, Franklin Templeton, NAB Ventures, Knollwood Investment Advisory, Nasdaq Ventures, Coinbase Ventures, Innovius Capital, Rovida Advisors, Nexo Ventures, CTC Venture Capital
- Series A, Sep 14, 2021, $15M — Aspenwood Ventures, Citi Ventures, Franklin Templeton, Galaxy Asset Management, Rovida Advisors
- Seed, Oct 10, 2017, $2.1M — Aspenwood Ventures

## Investors

- Aspenwood Ventures (https://capitalatlas.ai/funds/aspenwood-ventures) — Seed, Series A, Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series A, Series B
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series A, Series B
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- Rovida Advisors — Series A, Series B
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series B
- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Series B
- NAB Ventures (https://capitalatlas.ai/funds/nab-ventures) — Series B
- Knollwood Investment Advisory — Series B
- Nasdaq Ventures (https://capitalatlas.ai/funds/nasdaq-ventures) — Series B
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series B
- Innovius Capital (https://capitalatlas.ai/funds/innovius-capital) — Series B
- Nexo Ventures (https://capitalatlas.ai/funds/nexo-ventures) — Series B
- CTC Venture Capital (https://capitalatlas.ai/funds/ctc-venture-capital) — Series B