# Newton Crypto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newton-crypto

- Industry: Financial Services
- Headquarters: Toronto, Canada
- Website: www.newton.co
- Total disclosed funding: $20M
- Latest round: Series B (Feb 9, 2022)
- Investors on record: 5

## About

Based in Ontario, Canada, and founded in 2018 by Dustin Walper, Erynn Saunders, and Tyson Leslie, Newton Crypto Ltd. is Canada's first commission-free cryptocurrency brokerage. As of 2022, Dustin Walper is the CEO of the company. In February 2022, Newton Crypto Ltd. raised CAD 25 million in Series B financing led by DV Chain, LLC including CI Financial Corp., Singh Capital Partners, Snowdevil Capital, and Tiny Capital, valuing the company at CAD 253 million post-money.

The company's platform allows users to connect their bank account to transfer funds cryptocurrency to and from their account at no additional cost. The firm offers a clean, easy-to-use interface, a wide array of asset pairs, simple fiat on-ramps, and robust crypto withdrawal and deposit capabilities.

The organization plans to use the February 2022 funding to further develop its technology, platform, and infrastructure; attract new talent in all areas of the company; grow its marketing and distribution channels to enhance user acquisition, and for general working capital purposes.

## Funding rounds

- Series B, Feb 9, 2022, $20M — CI Financial Corp., Tiny Capital, Singh Capital Partners, DV Chain, LLC, Snowdevil Capital

## Investors

- CI Financial Corp. — Series B
- Tiny Capital (https://capitalatlas.ai/funds/tiny-capital) — Series B
- Singh Capital Partners (https://capitalatlas.ai/funds/singh-capital-partners) — Series B
- DV Chain, LLC — Series B
- Snowdevil Capital — Series B