# Finrate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finrate

- Industry: Software
- Headquarters: St. Gallen, Switzerland
- Website: www.stakingrewards.com
- Latest round: Seed (May 26, 2021)
- Investors on record: 3

## About

Finrate AG offers institutional-grade staking solutions, providing a platform for tracking and analyzing over 90 staking assets. Their services focus on maximizing returns for institutional investors while maintaining transparency in staking activities.Finrate AG, based in St. Gallen, Switzerland, was founded in 2017 by Jannik Schmiedl and Mirko S. The company specializes in staking services, having executed 2 deals to date. Their most recent funding round, amounting to CHF 3.000 mn, was completed on November 23, 2021, with investments from CoinShares Ventures, Digital Currency Group, Galaxy Digital, and others. Mirko S serves as the current CEO.Finrate AG specializes in providing institutional-grade staking opportunities through its analytics platform, which allows users to monitor over 90 staking assets and more than 100,000 validators. Their services are designed to help institutional investors maximize their earning potential through superior risk-adjusted returns, supported by the Verified Staking Provider program that enhances trust and transparency in the staking market. Their target clientele includes institutional investors and asset managers across North America, Europe, and Asia.The company generates revenue through various transactional frameworks tailored to their diverse clients. This includes subscription-based access to their staking analytics platform and partnerships with institutional investors. Revenue is linked to the volume of assets managed and staked, with flagship offerings like the Verified Staking Provider program playing a crucial role in their revenue model, reflecting the complexity of their clients' staking activities.Finrate AG plans to utilize the CHF 3.000 mn raised in November 2021 to further develop its products and services. The company aims to expand into new markets, specifically targeting regions in Asia and North America by 2023. Their ongoing product development will enhance the suite of institutional-grade staking solutions offered, responding to increased demand in these growing markets.

## Funding rounds

- Seed, May 26, 2021 — Swiss Founders Fund, Fenbushi Capital, A&T Capital

## Investors

- Swiss Founders Fund (https://capitalatlas.ai/funds/swiss-founders-fund) — Seed
- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed
- A&T Capital (https://capitalatlas.ai/funds/a-t-capital) — Seed