# Paradigm Connect

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paradigm-connect

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.paradigm.co
- Total disclosed funding: $39M
- Latest round: Series A (Dec 9, 2021)
- Investors on record: 25

## About

Based in New York, US, and founded in 2016 by its CEO, Anand Gomes, and SVP of operations, Michal Koonin, Paradigm Connect, Inc., operates as a digital platform that automates over-the-counter (OTC) crypto trading for institutional crypto traders within a native chat application. In December 2021, Paradigm Connect, Inc., raised USD 35 million in series A funding co-led by Alameda Research Ventures and Jump Capital, with participation from other new investors and returning investors.

Paradigm offers a platform used to cater to both retail and institutional investors, offering features that enhance trading efficiency and allowing them to generate on-demand complex order books for any trading strategy, including hitting the bid, lifting the offer, and improving their price by resting a limit order.

The company’s platform also provides market insights and analysis for market volatility, trading opportunities, and quantitative analysis of option block trades.

## Funding rounds

- Series A, Dec 9, 2021, $35M — GSR Ventures, IMC Asset Management, Digital Currency Group, Jump Capital, Vectr Ventures, Nexo, CMT Digital, Dragonfly Digital Management, Akuna Capital, Genesis, Avon Ventures, QCP Capital, Alameda Research Ventures, Babel Finance, MGNR Holdings LP, Bybit, Mirana Ventures, BitDAO Inc., Optiver
- Seed, May 22, 2020, $2.6M — Digital Currency Group, Vectr Ventures, OKX, Dragonfly Digital Management, CoinShares Ventures, Yleana Venture Partners LP, Alameda Research Ventures, Bybit, Okcoin
- Seed, Jun 1, 2018, $1.7M — Vectr Ventures, XBTO Group, RiskEx LLC

## Investors

- Vectr Ventures (https://capitalatlas.ai/funds/vectr-ventures) — Seed, Series A
- XBTO Group — Seed
- RiskEx LLC — Seed
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Seed, Series A
- OKX — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed, Series A
- CoinShares Ventures (https://capitalatlas.ai/funds/coinshares-ventures) — Seed
- Yleana Venture Partners LP — Seed
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Seed, Series A
- Bybit — Seed, Series A
- Okcoin — Seed
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A
- IMC Asset Management — Series A
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series A
- Nexo (https://capitalatlas.ai/funds/nexo) — Series A
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series A
- Akuna Capital — Series A
- Genesis (https://capitalatlas.ai/funds/genesis) — Series A
- Avon Ventures (https://capitalatlas.ai/funds/avon-ventures) — Series A
- QCP Capital (https://capitalatlas.ai/funds/qcp-capital) — Series A
- Babel Finance — Series A
- MGNR Holdings LP — Series A
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Series A
- BitDAO Inc. — Series A
- Optiver — Series A