# Ramp Network sp. z o.o.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ramp-network-sp-z-o-o

- Industry: Financial Services
- Headquarters: Warszawa, Poland
- Website: www.ramp.network
- Total disclosed funding: $134M
- Latest round: Series B (Nov 9, 2022)
- Investors on record: 12

## About

Based in Mazowieckie, Poland, and founded in 2018, Ramp Network sp. z o.o. provides peer-to-peer fiat to cryptocurrency onramp service. The company was co-founded by Przemek Kowalczyk and Szymon Sypniewicz and partnered with more than 200 developers, including Mozilla, Opera Labs, Dapper Labs, Sorare, and top crypto and Defi apps like Aave, Argent, and Zerion. In June 2021, the company raised its latest Seed funding led by NfX with participation from Galaxy Digital.

The company's trading model enables sellers to lock a certain amount of cryptocurrencies in a smart contract wherein the buyer then wire transfers fiat money to the seller’s bank account, which makes the smart contract release the escrowed cryptocurrencies to the buyer. The platform services let customers exchange fiat money (EUR, GBP, USD, etc.) for cryptocurrencies and other crypto assets.

The company plans to make its service available for more use cases, including advanced Layer 2 capabilities and newly launched one-click NFT purchases.

## Funding rounds

- Series B, Nov 9, 2022, $70M — Balderton Capital, Korelya Capital, Mubadala Capital, Cogito Capital
- Series A, Dec 15, 2021, $53M — Balderton Capital, Seedcamp, FJ Labs, NFX, Firstminute Capital, Galaxy Asset Management
- Seed, May 3, 2021, $10M — Seedcamp, Mozilla, NFX, Firstminute Capital, Galaxy Asset Management, Fabric Ventures
- Seed, Jul 11, 2019, $1.1M — Seedcamp, Firstminute Capital, Stablecoin Liquidity Services LLC, Fabric Ventures

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed, Series A
- Stablecoin Liquidity Services LLC — Seed
- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Seed
- Mozilla — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed, Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed, Series A
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- Korelya Capital (https://capitalatlas.ai/funds/korelya-capital) — Series B
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series B
- Cogito Capital — Series B