# VALR (Pty)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valr-pty

- Industry: Financial Services
- Headquarters: Sandton, South Africa
- Website: www.valr.com
- Total disclosed funding: $54M
- Latest round: Series B (Feb 28, 2022)
- Investors on record: 13

## About

Founded in 2018 and based in Sandton, South Africa, VALR (Pty) Ltd operates a financial technology company that provides a traditional financial system platform. The firm was co-founded by Badi Sudhakaran, Farzam Ehsani, Theo Bohnen and has raised a total funding of USD 4.9 million as of 2020.

VALR (Pty) Ltd digital asset trading platform that enables users to securely buy and sell cryptocurrencies, and earns rewards through referrals and trading coins. The firm's platform also enables users to save 15% on trading.

## Funding rounds

- Series B, Feb 28, 2022, $49M — GSR Ventures, 4Di Capital, Pantera Capital, Third Prime Capital, Coinbase Ventures, Distributed Global Ventures, CMT Digital, Bittrex, Inc., Avon Ventures, Alameda Research Ventures, Cadenza Capital Management
- Series A, Jul 21, 2020, $3.4M — 4Di Capital, 10x.Group, Bittrex, Inc.
- Seed, Mar 5, 2019, $1.5M — Montegray Capital, Bittrex, Inc.

## Investors

- Montegray Capital (https://capitalatlas.ai/funds/montegray-capital) — Seed
- Bittrex, Inc. — Seed, Series A, Series B
- 4Di Capital (https://capitalatlas.ai/funds/4di-capital) — Series A, Series B
- 10x.Group (https://capitalatlas.ai/funds/10x-group) — Series A
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series B
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Series B
- Third Prime Capital (https://capitalatlas.ai/funds/third-prime-capital) — Series B
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series B
- Distributed Global Ventures (https://capitalatlas.ai/funds/distributed-global-ventures) — Series B
- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series B
- Avon Ventures (https://capitalatlas.ai/funds/avon-ventures) — Series B
- Alameda Research Ventures (https://capitalatlas.ai/funds/alameda-research-ventures) — Series B
- Cadenza Capital Management (https://capitalatlas.ai/funds/cadenza-capital-management) — Series B