# Elwood Technologies Services

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

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.elwood.io
- Total disclosed funding: $70M
- Latest round: Series A (May 16, 2022)
- Investors on record: 9

## About

Based in London, UK, and founded in 2018 by Alan Howard, Elwood Technologies Services Ltd operates as a financial technology company that offers a trading infrastructure for institutional investors to help them build digital assets. In May 2022, Elwood Technologies Services Limited raised USD 70 million in Series A funding co-led by investors Dawn Capital and Goldman Sachs Merchant Banking Division, with participation from Barclays Bank, BlockFi Inc., Chimera Capital, CommerzVentures, Digital Currency Group, Flow Traders and Galaxy Digital. As of May 2022, the firm is being led by its CEO, James Stickland.

The company provides an end-to-end platform that offers low-latency connectivity to global crypto exchanges, and institutional-grade access to digital asset markets and liquidity venues, to institutional investors, crypto exchanges, custodians, and liquidity providers. The firm also offers deep liquidity through a single API enabling financial institutions, neobanks, and corporations to access digital assets markets quickly. 

The company intends to use the May 2022 funding to grow digital assets and expand the partnering process and future growth.

## Funding rounds

- Series A, May 16, 2022, $70M — Barclays Bank, Dawn Capital, Commerzbank, Goldman Sachs Asset Management, Digital Currency Group, Flow Traders, Galaxy Asset Management, BlockFi Inc., Chimera Capital

## Investors

- Barclays Bank — Series A
- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Series A
- Commerzbank (https://capitalatlas.ai/funds/commerzbank) — Series A
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series A
- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- BlockFi Inc. — Series A
- Chimera Capital (https://capitalatlas.ai/funds/chimera-capital) — Series A