# Ribbon

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.ribbon.finance
- Total disclosed funding: $17M
- Latest round: Series B (Mar 4, 2022)
- Investors on record: 10

## About

Ribbon Inc. specializes in decentralized crypto structured products, providing risk management and yield enhancement solutions for investors in the cryptocurrency market.Founded in 2020 and headquartered in San Francisco, US, Ribbon Inc. focuses on delivering innovative structured products for the cryptocurrency sector. The company has secured a total of USD 8.750 mn through funding, with its latest round being a Series B led by Paradigm on March 4, 2022. Julian Koh, the founder, has a background in fintech and has been involved in other ventures in the past.Ribbon Finance specializes in decentralized crypto structured products, offering solutions for investors to manage risk and enhance yield in the crypto market. Their key offerings include structured notes and option strategies that facilitate investment portfolio optimization across various market conditions. The company targets capital preservation, income generation, and strategic digital asset exposure, serving institutional investors, crypto hedge funds, and retail clients primarily in North America, Europe, and parts of Asia.Ribbon Finance generates revenue through transaction fees from structured products. Clients transact in products like options and structured notes designed for specific financial objectives, involving fees per transaction. This pricing structure accommodates both retail and institutional clients, ensuring that users receive value aligned with their investment strategies. The revenue model is supported by the volume of transactions processed on their platform.Following its latest funding round on March 4, 2022, Ribbon Inc. plans to expand its product offerings and enter additional blockchain markets. The recent investment of USD 8.750 mn will facilitate this expansion strategy, aiming to launch new products and increase geographic reach. Ribbon Inc. is focusing on new regions in the cryptocurrency space where demand for structured financial instruments is rising.

## Funding rounds

- Series B, Mar 4, 2022, $8.8M — Paradigm
- Series A, Dec 1, 2021, $7.8M — Coinbase Global, Inc., Scalar Capital, Dragonfly Digital Management, Robot Ventures, Divergence Ventures, Alliance, Ethereal Ventures, Nascent
- Seed, May 9, 2021 — Scalar Capital, Coinbase Ventures, Dragonfly Digital Management, Nascent

## Investors

- Scalar Capital — Seed, Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed, Series A
- Nascent (https://capitalatlas.ai/funds/nascent) — Seed, Series A
- Coinbase Global, Inc. — Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Divergence Ventures (https://capitalatlas.ai/funds/divergence-ventures) — Series A
- Alliance (https://capitalatlas.ai/funds/alliance) — Series A
- Ethereal Ventures (https://capitalatlas.ai/funds/ethereal-ventures) — Series A
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series B