# Cypher

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cypher-2

- Industry: Financial Services
- Headquarters: Chicago, US
- Website: www.cypher.trade
- Total disclosed funding: $2.1M
- Latest round: Seed (Nov 18, 2021)
- Investors on record: 10

## About

Cypher is a trading solutions company that leverages blockchain technology to enhance transaction efficiency and security, focusing on decentralized trading platforms for various market participants.Cypher specializes in advanced trading solutions that utilize blockchain technology for efficient and secure peer-to-peer transactions. Founded by Barrett Williams, James Whitley, and Nick Curtis, the company is headquartered in Chicago, US. In November 2021, Cypher raised USD 2.1 mn in Seed funding, with investors including Blockwall Management, AGE, and others. This funding marks a significant milestone as it represents the total amount raised by the company.Cypher Trade provides advanced trading solutions that integrate blockchain technology to enhance transaction efficiency and security. Their offerings include decentralized trading platforms for peer-to-peer transactions aimed at individual traders, institutional investors, and financial entities. The services address transparency and latency issues in traditional trading systems, allowing for quicker and more reliable trade execution. Cypher markets its products mainly in North America and Europe while looking to expand into the Asia-Pacific region to meet the growing demand for blockchain-based solutions.Cypher Trade's revenue model is based on a subscription structure that offers clients tiered access to its trading platforms and tools. Clients can choose plans depending on their trading volume and requirements. Additional revenue may come from partnerships with financial institutions to provide customized branded trading solutions. Users pay monthly or annual subscription fees, which allow access to premium features such as advanced analytics and real-time market data, serving both B2B and direct-to-consumer markets.Following the Seed funding round concluded in November 2021, where Cypher raised USD 2.1 mn, the company plans to launch a protocol that enables access to global markets through a synthetic derivatives product similar to a futures contract. Cypher aims to expand into new markets, particularly in the Asia-Pacific region, to capitalize on the rising demand for its offerings. The funding will be crucial in supporting these initiatives and enhancing their product portfolio.

## Funding rounds

- Seed, Nov 18, 2021, $2.1M — Blockwall Management, MGNR Holdings LP, Ryze Labs, SkyVision Capital, Vitality Ventures, Serum Foundation, ROK Capital, Gerstenbrot Capital, Alphanonce, AGE

## Investors

- Blockwall Management (https://capitalatlas.ai/funds/blockwall-management) — Seed
- MGNR Holdings LP — Seed
- Ryze Labs (https://capitalatlas.ai/funds/ryze-labs) — Seed
- SkyVision Capital (https://capitalatlas.ai/funds/skyvision-capital) — Seed
- Vitality Ventures — Seed
- Serum Foundation — Seed
- ROK Capital — Seed
- Gerstenbrot Capital — Seed
- Alphanonce (https://capitalatlas.ai/funds/alphanonce) — Seed
- AGE — Seed