Tesseract Group
Latest round
- Series A
Last raised
- Jun 2021
Total raised
- $25M
Investors
- 11
About Tesseract Group
Tesseract Group Oy focuses on digital asset lending, allowing clients to access yield on cryptocurrencies. Founded in 2017 in Helsinki, Finland, by Ilkka Salo and Yichen Wu, the company has undergone strategic pivots to enhance its service offerings.Tesseract specializes in digital asset lending, providing innovative financial solutions through its proprietary Earn platform, which enables institutions and private individuals to access institutional-grade yield on digital assets. The platform supports lending and DeFi yield opportunities across a diverse range of cryptocurrencies, offering risk-adjusted yield powered by advanced technological infrastructure. Tesseract's services are designed to enhance transparency and risk management, addressing the needs of customers who seek reliable and secure methods to generate income from their digital assets.48 mn. The company aims to expand into new markets, with specific targets in North America and Asia by the end of 2023. Additionally, Tesseract will focus on recruiting new talent to foster existing partnerships and spur innovation for new financial products, ensuring a robust growth strategy for the upcoming years.
Who invested in Tesseract Group
11 investors across 1 round
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Funding rounds
Series A
Jun 21, 2021
Amount
$25M
Investors
Questions about Tesseract Group
Who invested in Tesseract Group?
Tesseract Group has 11 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tesseract Group raised?
Tesseract Group has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Tesseract Group last raise money?
Tesseract Group's most recent round on record is a Series A, in Jun 2021.
What does Tesseract Group do?
Tesseract Group Oy focuses on digital asset lending, allowing clients to access yield on cryptocurrencies.
Where is Tesseract Group headquartered?
Tesseract Group is headquartered in Helsinki, Finland.
Which VCs invest in companies like Tesseract Group?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Tesseract Group's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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