# Ethereum Horizons

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ethereum-horizons

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.portis.io
- Latest round: Seed (Sep 1, 2018)
- Investors on record: 1

## About

Ethereum Horizons Ltd. operates a non-custodial blockchain wallet, simplifying cryptocurrency management for users by providing secure access to their digital assets through a streamlined experience.Founded in 2018, Ethereum Horizons Ltd. is based in Tel Aviv-Yafo, Israel. The company focuses on developing secure blockchain wallet solutions. In April 2020, it was acquired by ShapeShift Ag, a firm associated with various venture capital partners. The founders' previous entrepreneurial history is not detailed within available information.Portis offers a non-custodial blockchain wallet designed to simplify the user experience and enhance accessibility to various cryptocurrencies. Users can create a wallet using just an email and password, ensuring that their private keys are encrypted client-side and remain self-custodial. Portis supports multiple blockchain networks such as Ethereum, Bitcoin, and Matic, allowing users to manage their digital assets securely from any device. The wallet is aimed at app developers and end-users, enabling seamless cryptocurrency transactions across various ecosystems.Portis generates revenue primarily through transactional fees and partnerships with developers and businesses. The transaction structure includes fees for processing cryptocurrency transactions and enabling credit and debit card payments, catering to users new to cryptocurrencies. The direct-to-consumer model allows developers to sponsor gas fees on behalf of their users, enhancing the user experience. Specific pricing plans reflect the value provided to developers and users but are not disclosed.After the acquisition in April 2020, Ethereum Horizons Ltd. is likely to focus on integrating its wallet services into ShapeShift's broader platform. Future growth may involve launching new features and expanding into additional geographical markets, although specific plans and timelines have not been detailed. Funding from the acquisition may support these initiatives, focusing on enhancing product offerings and expanding user outreach.

## Funding rounds

- Seed, Sep 1, 2018 — F2 Venture Capital

## Investors

- F2 Venture Capital (https://capitalatlas.ai/funds/f2-venture-capital) — Seed