# Sublime Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sublime-finance

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: https://sublime.finance/
- Total disclosed funding: $2.5M
- Latest round: Seed (Oct 19, 2021)
- Investors on record: 4

## About

Sublime Finance is a financial technology company focused on creating innovative blockchain-based solutions to enhance accessibility and security in financial transactions for users worldwide.Founded in 2017 in San Francisco, US, Sublime Finance specializes in providing advanced financial solutions utilizing blockchain technology. The company was founded by Ritik Dutta, who has a background in technology and entrepreneurship. In October 2021, Sublime Finance raised USD 2.5 mn in a Seed funding round led by Galaxy Digital and Electric Capital, with participation from FinTech Collective and Collab+Currency Management. This funding represents the total amount the company has raised to date, with one funding round completed.Sublime Finance offers a digital wallet designed to facilitate secure transactions and asset management, catering to both individual users and businesses. The wallet supports various cryptocurrencies and enables users to engage in decentralized finance without intermediaries. The company primarily markets its services in North America and parts of Europe, targeting tech-savvy individuals and businesses looking to leverage blockchain technology for their financial operations.Sublime Finance generates revenue through subscription-based models and transaction fees associated with its digital wallet services. Businesses and individual users engage with the platform by subscribing to various service tiers that offer different levels of transaction capabilities and support. Premium subscribers enjoy reduced transaction fees and enhanced security features tailored to high-volume users, while each transaction conducted through the wallet contributes to the company’s overall revenue stream.Following the recent Seed funding round in October 2021, Sublime Finance plans to develop its platform and launch it in the upcoming weeks. The company aims to expand into additional markets, further solidifying its presence in the financial technology sector. The newly acquired funds will be utilized to enhance the platform's features and capabilities, ensuring it meets the demands of a growing user base.

## Funding rounds

- Seed, Oct 19, 2021, $2.5M — FinTech Collective, Galaxy Asset Management, Electric Capital, Collab+Currency Management

## Investors

- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Seed
- Collab+Currency Management (https://capitalatlas.ai/funds/collab-currency-management) — Seed