CipherTrace

IT Security/CybersecuritySeries BLos Gatos, USciphertrace.com

Latest round

Series B

Last raised

Mar 2021

Total raised

$45M

Investors

5

About CipherTrace

CipherTrace, Inc.Founded in 2015 in Los Gatos, US, CipherTrace, Inc. offers blockchain analysis services. The company was co-founded by David Jevans, who has a history of founding other companies in the cybersecurity domain. In September 2021, Mastercard Worldwide acquired CipherTrace, enhancing its capabilities in the cryptocurrency market.13 mn from Third Point Ventures.CipherTrace provides comprehensive solutions for crypto and blockchain analytics, focusing on real-time transaction monitoring, compliance, and risk assessment. Their services cater to financial institutions, governments, and crypto wallet providers by delivering secure and scalable transaction capabilities across digital asset ecosystems.CipherTrace generates revenue through transactional services related to cryptocurrency compliance and analysis. Their business model includes fees for transaction monitoring and compliance services, which are essential for financial institutions and businesses entering the crypto space.In September 2021, following its acquisition by Mastercard, CipherTrace aims to expand its product offerings, particularly in enhancing its analytics tools for digital currencies. The company plans to enter new markets in North America, Europe, and Asia, leveraging the resources from Mastercard to facilitate this growth.

Who invested in CipherTrace

5 investors across 3 rounds

See all investors in CipherTrace

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Mar 17, 2021

    Amount

    $27M

    Investors

    Locked

  2. Series A

    Feb 1, 2019

    Amount

    $15M

    Investors

    Locked

  3. Seed

    Mar 9, 2018

    Amount

    $3M

    Investors

    Locked

Questions about CipherTrace

Who invested in CipherTrace?

CipherTrace has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has CipherTrace raised?

CipherTrace has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did CipherTrace last raise money?

CipherTrace's most recent round on record is a Series B, in Mar 2021.

What does CipherTrace do?

CipherTrace is a it security/cybersecurity company.

Where is CipherTrace headquartered?

CipherTrace is headquartered in Los Gatos, US.

Which VCs invest in companies like CipherTrace?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at CipherTrace's stage. Their profiles are linked below.

Raising like CipherTrace? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.