# Amboss Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amboss-technologies

- Industry: Software
- Headquarters: Portland, US
- Website: www.amboss.space
- Total disclosed funding: $7M
- Latest round: Seed (Apr 25, 2023)
- Investors on record: 5

## About

Based in Oregon, US, and founded in 2021 by co-founder and CEO Jesse Shrader, Amboss Technologies, Inc., a.k.a. Amboss operates as a provider of data analytics for the Bitcoin Lightning Network. The company utilizes machine learning to offer optimized routing and tools that redefine the future of decentralized finance. In April 2023, Amboss Technologies raised USD 4 million in seed funding led by Stillmark, with participation from Draper Associates, Fulgur Ventures, Ride Wave Ventures, and Valor Equity Partners.

The company provides an enterprise-grade data analytics platform that offers data, insights, and coordination tools for the Bitcoin Lightning Network. The platform enables merchants and consumers to identify optimal peers and payment paths based on cost, reliability or reputation, as well as enterprise-grade risk management. In addition, the firm also operates Magma, a Lightning Channel buying and selling marketplace for users to earn bitcoin returns from savings without giving up custody. Amboss generates revenue from the subscription of its platform packages, which include spark (USD 4 per month), prime (USD 13 per month), alpha (USD 80 per month), and enterprise (custom pricing).

The company plans to use its proceeds from April 2023 funding to accelerate its efforts in AI (artificial intelligence) research and product development.

## Funding rounds

- Seed, Apr 25, 2023, $4M — Valor Equity Partners, Draper, Fulgur Ventures, Stillmark, Ride Wave Ventures
- Seed, Nov 17, 2022, $3M — Valor Equity Partners, Draper, Fulgur Ventures, Stillmark, Ride Wave Ventures

## Investors

- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed
- Fulgur Ventures (https://capitalatlas.ai/funds/fulgur-ventures) — Seed
- Stillmark (https://capitalatlas.ai/funds/stillmark) — Seed
- Ride Wave Ventures — Seed