# Unchained Capital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unchained-capital

- Industry: Financial Services
- Headquarters: Austin, US
- Website: www.unchained.com
- Total disclosed funding: $88M
- Latest round: Series B (Apr 18, 2023)
- Investors on record: 12

## About

Based in the US, Unchained Capital, Inc. is a financial services firm specializing in secure Bitcoin transactions and storage, enabling clients to manage their digital assets with expert guidance and enhanced security measures.Unchained Capital, Inc. is a company focused on providing secure Bitcoin transactions and storage solutions. Founded in Austin, Texas in 2017, the firm has engaged in five significant funding rounds. The most recent funding round, a Series B, raised USD 60.00 mn on April 18, 2023, led by Valor Equity Partners with participation from several other investors. The founders of Unchained Capital include Dhruv Bansal, Emily Singletary, Joseph Kelly, and Stephanie Catani, with Joseph Kelly currently serving as CEO.Unchained specializes in providing a seamless and secure platform for purchasing and storing Bitcoin through its trading desk. This core offering allows users to buy Bitcoin directly into cold storage, eliminating the need for intermediaries such as exchanges, and the complexities associated with transfers and withdrawals. Tailored for clients prioritizing the security of their digital assets, Unchained's Signature service offers personalized strategies aligned with their financial objectives, serving primarily high-net-worth individuals and institutional investors in North America and Europe.Unchained's revenue is generated primarily through transaction fees for the purchase and storage of Bitcoin. Clients engage with the platform to execute trades through the trading desk, where Bitcoin is acquired and stored in cold wallets. The transaction structure follows a direct-to-consumer model, with fees based on the volume of Bitcoin purchased or the services provided under the Signature offering. Revenue may also include advisory services that aid clients in developing customized Bitcoin strategies, reinforcing the company's positioning in the cryptocurrency market without disclosing specific pricing plans.In April 2023, Unchained Capital, Inc. raised USD 60.00 mn in Series B funding, led by Valor Equity Partners, to support its growth initiatives. The company plans to expand its product offerings and enhance its business operations, targeting new markets for growth. Specific regions or products planned for expansion have not been detailed, but the funding will be utilized to further strengthen their position in the marketplace.

## Funding rounds

- Series B, Apr 18, 2023, $60M — Highland Capital Partners, Valor Equity Partners, Trammell Venture Partners, Ecliptic Capital, NYDIG Asset Management
- Series A, Jun 4, 2021, $19M — Platform Ventures, Stone Ridge Asset Management, Stronghold Resource Partners, Trammell Venture Partners, Ecliptic Capital, Starting Line, TOPAZ Capital Group, NYDIG Asset Management, Ten31
- Seed, Feb 12, 2021, $5.7M — Capital Factory, Stronghold Resource Partners, Trammell Venture Partners, Ecliptic Capital, Starting Line, NYDIG Asset Management, Platform Ventures
- Seed, May 31, 2018, $2.6M — Ecliptic Capital, Starting Line

## Investors

- Ecliptic Capital (https://capitalatlas.ai/funds/ecliptic-capital) — Seed, Series A, Series B
- Starting Line (https://capitalatlas.ai/funds/starting-line) — Seed, Series A
- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Seed
- Stronghold Resource Partners (https://capitalatlas.ai/funds/stronghold-resource-partners) — Seed, Series A
- Trammell Venture Partners (https://capitalatlas.ai/funds/trammell-venture-partners) — Seed, Series A, Series B
- NYDIG Asset Management — Seed, Series A, Series B
- Platform Ventures (https://capitalatlas.ai/funds/platform-ventures) — Seed, Series A
- Stone Ridge Asset Management (https://capitalatlas.ai/funds/stone-ridge-asset-management) — Series A
- TOPAZ Capital Group — Series A
- Ten31 (https://capitalatlas.ai/funds/ten31) — Series A
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series B
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series B